Manufactured Homes are a Smart Retirement Option

Retirement is something we all look forward too. We work hard for 30+ years to support our families and the reward at the end of all that hard work is retirement – it’s the icing on the cake of life!

Unfortunately, a lot of us aren’t quite as ready as we need to be for retirement. The cost of living has increased significantly but income has stagnated. It takes every penny we have to live in the present so how are we suppose to put away for the future?

An Aging Population 

A large percentage of Americans are getting older and we need affordable housing more than ever. Heck, we need affordable housing for every age group but especially our aging baby boomers. states:

“….the senior population is expected to more than double in the next 40 years. Rural America is “older” than the nation as a whole and more than one-quarter of all seniors live in rural and small town areas. A rapidly aging population will significantly impact nearly all aspects of the nation’s social, economic, and housing systems. Most seniors wish to remain and age in their homes as long as possible, but rural elders are increasingly experiencing challenges with housing affordability and quality…”

Retirement Isn’t Easy for the Average American

If you are a working American living paycheck to paycheck, retirement may be difficult. The average middle-income earner will be expected to work till they are 65 before they can start getting a return from their social security.

Retirement statistics are alarming. USA Today reports:

“….About 36% of workers have less than $1,000 in savings and investments that could be used for retirement, not counting their primary residence or defined benefits plans such as traditional pensions, and 60% of workers have less than $25,000, according to a telephone survey of 1,000 workers and 501 retirees from the non-profit Employee Benefit Research Institute and Greenwald and Associates.”

Related: Hey, It’s OK to Live in a Mobile Home

Manufactured Homes are a Smart Retirement Option

With an aging population and an affordable housing crisis across the nation it’s important that we find solutions.

Manufactured homes are a smart solution for many retirees. Here’s why:

Manufactured Homes are Affordable

Manufactured homes are an extremely affordable housing option for any age group. Cost per square foot is almost half that of a site-built home!

It’s no secret that a lot of retirees sell their larger site-built home and buy a smaller manufactured home. Often, they move south to enjoy the warmer weather in the process. Profit made from the sell of their site-built home can allow them to pay cash for an older mobile home and have money left over to pad their savings account. It’s a smart choice for many people.

Smaller Homes are Easier to Maintain

Most retirees don’t need a lot of houses. Maintenance and cleaning for larger homes are more expensive. There’s also an increased chance of needing costly repairs in larger homes.

The more you have the more upkeep you have to do!

Retirement should be as simple and as easy as possible which is why people chose mobile home parks and condos that include lawn maintenance into the monthly rental costs.

Manufactured Homes are Predominately Single-Story Homes 

Steps can be difficult for retirees which makes the average single story manufactured home a great choice.

You can have manufactured homes built to work with your specific needs. Many wheelchair-bound homeowners order their homes with wider doorways and hallways, lower countertops, and little to no overhead cabinetry.

Related: Advantages and Disadvantages of Mobile Home Parks

A Popular Housing Choice 

Manufactured homes are best known for being a perfect housing option for retirees and young families just starting out.

Close to 20 million people currently live in a mobile or manufactured home. They enjoy the comforts of modern living at a reduced cost. Don’t let the stigma turn you away from factory-built housing – they serve an important function in our society!
Thank you for reading Mobile Home Living!

Additional Resources:

4 Ways to Go Broke in Retirement

Retirement Pulse

10 Things Retirement Communities Won’t Tell You

Image Source: Flickr, George, 1963 Bell Gardens, CA., Dee’s MH Park

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  1. joelle says

    My husband and I have done just that, selling a large home in the
    congested suburbs (and becoming more so!), to move out in the country with land and a new manufactured home all paid for! Although we are a bit from retirement, 56 and 53, we are mortgage free and have been very happy with our choice! Today’s Manufactured homes are quite lovely, and if your a handy person, can be a wonderful option.

    1. Crystal Adkins says

      Great to hear it’s a lifestyle you enjoy Joelle! Thanks so much for reading MHL (and commenting!)

  2. Presey says

    Absolutely the very best retirement investment to make, especially on owned outright property:)