What lures us to leave our conventional worlds and transform our household living to one quarter the size we are used to?
Why is RV living among the Baby Boomer generation increasing in popularity?
Well, for starters, there is an increase in the population of retirees because those of us from this era are reaching age 50 and beyond. In fact, estimates indicate that the number of Americans aged between 55 and 64 dramatically increased between the years 2000 and 2010. The increase was 47% over previous levels of growth in this age range.
Of course, the first question one would ask is, “What does the sharp increase in population have to do with RV popularity?”
- First, recent changes in the global economy have made living from an RV attractive because of the reduced cost in addition to all of the perks.
- Second, those of us within the Boomer age range have primarily decided our peak earning years have passed and it no longer makes sense to dedicate most of our time working in a traditional job.
- Third, many within this age range just want to realize their lifelong dream of being able to travel for more than two weeks each year.
Today, the cost of camper living is even more of a factor in the decision to make this a lifestyle for Boomers. The burden of property taxes, home maintenance, utilities, and home luxuries dampen what used to be known as “joy of home ownership”. With an RV you can equip yourself with a few tax calculators and estimators and find the most ideal tax scenario for you. After all, the entire country is your playground.
Living on the open road and in the numerous campsites has many perks. For starters, the campsites are packed with facilities that, in a way, raise a person’s standard of living from that of a traditional home. For example, not everyone can afford to have a swimming pool in their backyard but many modern RV campsites offer one for your leisure and for significantly cheaper cost. The commercial RV campsites offer utility hookups, restrooms, showers, cable TV, wireless internet, recreation rooms, and much more. Some of the slightly higher-priced resort-style campsites even offer golf courses.
Something else you get when you choose this lifestyle is independence because you no longer have to do home maintenance such as trimming the hedges, cleaning the garage, and mowing the grass. Are the people who drop in on you getting under your skin? With this lifestyle, you no longer have to worry about it. You can relax and focus on your partner going on the adventure with you.
Of course if you are a traditional homeowner, you may be experiencing some boredom with the same surroundings and routine day after day. This is not the case on the open road. You can spend one month at a park situated by the beach, another month next to a theme park, and another month nestled in a peaceful mountain atmosphere. The possibilities are endless!
It is no secret and you have probably heard it all over the news that the world’s population of retirees will sharply increase because of the Boomer generation. It is true, and this surge comes at a time when companies are downsizing, the economy is slow, retirement funds scarce, and prices are skyrocketing.
It is a scary time for some reaching their senior years because of the rising cost of just maintaining a home let alone paying taxes, utilities, and putting food on the table. More and more, those from this generation are opting to go mortgage-free and enjoy RV living on the open road.
These active Boomers feel the lure of nature and romance of the road — but sleeping on the ground isn’t part of the equation.
Since Boomers have reached retirement age, RV motor home sales have skyrocketed. Over the last few years, the number of mobile homes and RV parks has more than doubled. More of those RV’s are owned by Boomers than another group. This is the fastest growing segment of the RV market (Recreation Vehicle Industry Association.)
Our generation seems to be once more making our “muscle” felt, just as we have done since 1946. Every single era we enter, it greatly changes the paradigm of life. Now that Boomers are entering into that empty nest era, we are once again changing the scene. No longer is retirement considered golf and the rocking chair. Today’s Boomers are actively “rocking” and will continue to do this as long as our bodies and psyches hold out – which we expect to be for a very, very long time.
The truth is we spend more on ourselves than our parents ever did. Our parents were survivors of the great depression and World War II. Their way of life was to save money, not spend it. Our Boomer generation seems to operate on the premise that we only live once and we better enjoy it.
And that’s the truth!
For the next few posts, I am going to concentrate on work campers, “glamping,” and showing what our Bristol Village Community has created for work campers around the nation.
So, join the dialogue and let us know your RV experiences that may be combined with your retirement journey.
As always, I am…the wayward Boomer Explorer.