Since the birth of the American Dream, owning a house or condo was the main goal that many people wanted to achieve in their lives.
After the Great Recession, more people have given up on owning a house or condo. As a result, many people have considered other options to obtain a higher quality of life.
Many people are dropping the idea of obtaining a mortgage to only be a slave to it for 35 years, on average. The growing U.S. debt is requiring people to work longer to fund social security insurance.
More Millennials and Gen Zers are shifting their focus towards early retirement. The FIRE movement is becoming popular in the United States. FIRE is the acronym for Financially Independent Retired Early.
Many people are choosing the van life or RV life to live cheaply without sacrificing their quality of life. Both of these lifestyle alternatives are similar, but there are some differences.
The van life appeals to extreme minimalists or people interested in trying that type of lifestyle. The RV life is popular among retirees and becoming more appealing to Millennials. Nevertheless, whether you are considering living in a camper van, Class B RV, or a lightweight travel trailer, it can be a great way to live simply and travel the country.
Some people may decide to buy an RV and live off of $100,000 savings for their life. Other people may decide to live in a camper van and work seasonal jobs or work remotely. The possibilities are endless. Full retirement and semi-retirement are becoming achievable to more people who are open to alternate lifestyles.
In the below video series, I discuss the advantages and challenges of living a mobile lifestyle during my 5-day demo of living in a 29″ Light by Open Range travel trailer. If you want to learn more about mobile lifestyles, subscribe to my YouTube channel.
Photo: Pixabay