- Personal Finance
Retire On Less Money Than You Think by going Off the Grid!
A lot of people put off retirement because they think that they need some ridiculous amount of money to live on.
You can retire now with very little money if you go off the grid. The reason I say this is because going off grid cuts way down on your expenditures. It is always better to reduce what you need than to try to get more money to live a lifestyle that you can't afford. That's the wonderful thing about going off grid, it helps you to cut way down on your expenditures while keeping a quality of life that many say is much more rewarding than some former rat race suburban on grid life-style!
Unfortunately, there are still quite a number of people who equate going off grid with some kind of grizzly jones, mountain man life-style. So if you are one of those, have I got good news for you. With very little money you can set yourself up either within the United States or outside of the U.S. off grid and retire at a decent age. If you would take a look at my previous article “How Much Does it Cost to Go Off-Grid” you will see that for a minimum amount of money you can go off the grid and live quite nicely, and this is not even taking into consideration a monthly pension or social security. Also, if you choose to leave the country, you can do this for even less (although you might have to deal with other factors that I would encourage you to research).
Now some people might argue that they are too old to go off the grid. That is not true either. For one thing there are many different organizations that will match you up with other people who don't have the money to go off the grid but have the youth, vigor and know how. This benefits both parties as the older couple would have someone there to help them out and the younger person or persons would be able to go off grid without having to find the money for the basics. I have put a link at the bottom of this article for one such place. Additionally, to go off grid these days does not take a young, strong person. Technology has enabled an off grid lifestyle that many people couldn't dream of just 30 years ago. The use of solar panels, solar pumps, wind turbines and other such inventions allows pretty much anyone the option of an off grid life. Cob cottages can be built by people who are older and there are many inventions and technologies that make going off the grid ideal for retired persons. Going off the grid is not like it was 100 years ago!
So the idea that you have to work your fingers to the bone in order to retire at some ungodly age is ridiculous! If you cut down on your expenditures and work it out so that your monthly costs are practically nil then you might just be able to retire now!
Now I call that good news!
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