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Your Guide to Frugal Retirement

Living in small spaces
it can be done... here's how

Downsize

Living in small spaces can mean downsizing to a smaller house, to an apartment, or a boat or RV...This is something you should consider as another option to frugal retirement living.

If you are roaming around a big house, you want to retire, but the numbers just don't look good...Don't worry, please don't stress over this option, it is very doable.

We have done it to an extreme, let us show you how we did it, you don't have to do anything as drastic like we did to enjoy this option...it is really easy.

The first step

Living in small spaces requires a different way of looking at your stuff. If you make a list of what you have and then make a honest list of what you need, the list on the left should be bigger by a factor of 20 to 1 or higher.

Just realizing that you have a very little list of essentials makes the option of living in small spaces not so big a deal.

A few examples:

  • Your clothes...how many can you wear at once, do you need suits, cold weather items?
  • Your shoes...same deal as above
  • TVs...how many can you watch at once...do you really need one?
  • Furniture...do you have a favorite chair, how often do you use the dining room, outside furniture do you use it?
  • Cars...how many can you drive at once?
  • Garage...go look and see how often you use what is in your garage?

Keep the essentials

If you are considering moving into a smaller house...you are probably thinking of storing the stuff that won't fit in the smaller space. Storage space is very expensive and you have a tendency to keep it there forever. Living in small spaces means being ruthless with efficiency

Consider getting rid of it.

Go here for a how to organize small spaces guide step by step.

Either give it to family, Goodwill (helping others is very rewarding in itself), put ads in the paper and sell the non essentials. After you have sold the smaller stuff on Ebay have a garage sale for what is left and put the cash in your pocket.

This is the hardest step for most people

Disposing and selling the stuff we have accumulated over our lifetime is not easy...we make no pretense that your stuff is not very dear to you.

However, if we are choosing between working to maintain the stuff or retiring...we'll take retirement every time. It is 2009, drastic times require drastic action, what is more important, the stuff in the garage and the formal dining room you don't use or not facing the alarm clock five days a week.

Don't let your stuff control you. Living in small spaces requires you to control your stuff.

Our story of keeping only the "essentials"


When we decided to retire we had a 1800 two story home filled with stuff.

What we kept in storage occupied a 8 foot square room 8 foot high.

We sold or gave away the rest.

We kept our furniture that could be broken down for storage, photo albums, family pictures,etc.

It sat there for 9 years before we bought a house in Phoenix. 90% plus of the clothes that we kept we have not touched so we wasted a lot of the space taken up by the 8by8by8 storage area.

So we could have cut back a lot more.

So can you.

One of the few smart things we did was sell all electronics, tvs, stereos, speakers. Technology changes so fast you won't be happy with your gear if you left it for a year let alone 9 years. You buy new, better stuff, if an when you need it.

Another item we got rid off was our bedding. A mattress and box springs takes up a lot of storage room and again can be replaced with something new if and when you need it.

Going from 1800 square feet to less than 100 square feet

shadowtime at anchor Our new home had a living space of less than 100 square feet, floated, had curved walls, and limited storage. 

If downsizing from example a 2500 square foot home to 1200 square foot home seems impossible...we assure you that living in small spaces can be done and you can live very well indeed.

When we started living in an RV we tripled our living space compared to the boat. Whoopee!!

Let's take a look inside at our new spacious digs.


All set for dinner aboard To show how well space is utilized on a sailboat, here is the "dining room" on board with the pull down table in place.

We sat 6 people comfortably at dinner. I'm talking Thanksgiving... a 10 pound turkey (from the tiny galley...see below).

We usually ate on a small table in the cockpit. It had better ventilation, view etc.

I guess you could say this was our "formal dining room".

picture showing dining room table in the up position A picture of the same area with the table folded up and secured.

Ergonomics is not just a big word with sail boat designers. They tried to squeeze utility out of every square inch.

We are biased of course but we think the designers at Island Packet Yachts were the best.

Does this great utilization in space give you any ideas on how to save space in a home?

Julie whipping up fresh bread in the tiny galley Here is a picture of the chef preparing to make bread from scratch.

All from this tiny galley...compare this to the size of most kitchens in a house. We ate great from such a small space.

The "refrigerator/freezer" is at her right hand, up from the area where she is kneading the dough, which is over the 3 burner propane stove. The refrig did a great job in the essentials...it kept the beer ice cold.

The sunglasses...?

Conclusion

If you are forced to downsize in order to retire please don't think you can't do it. We know that you can.

Has the objection to living in small spaces been removed as an obstacle to enjoying retirement?

Return from living in small spaces to frugal retirement living

Go from living in small spaces to living aboard a sailboat



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