If you’re work-weary and ready for retirement, the call of the open road might beckon you to saddle up in a recreational vehicle and take off. No 9-to-5, the kids are grown and gone and the RV life seems compelling. Sell the house and move on!
If you’re feeling that way, you aren’t alone. According to a 2021 study by the RV Industry Association, RV ownership in the U.S. shot up 62% over the previous 20 years, and a record 11.2 million households owned an RV in 2021. Additionally, Progressive has also seen a steady increase in the number of full-time RV policies sold since 2009.
Sales at many RV dealerships spiked, in part, because of the coronavirus pandemic. And it’s not just retirees who want to hit the road; others now want to vacation in a self-enclosed traveling capsule that will let them avoid hotels and motels, as well as other people. Progressive found that RV ownership has grown significantly for people under the age of 45.
But is an RV in retirement right for you? We spoke with retirees who spend much of their time in recreational vehicles for their guidance on the cons of RV living in retirement. Key downsides?
“Emptying the sewer tanks. Cost of fuel. Rising costs of campgrounds. Having to manage mail forwarding, unreliable internet access for email and online banking. Managing deliveries from Amazon and prescription refills,” said Geoff Baker, 74, a retired commander with the British Royal Navy who has been RVing across America since 2011 with his wife, Laura, 67, a former safety manager at Walt Disney World’s Magic Kingdom. (Their home base is Polk City, Fla.)
Here’s what the Bakers and others had to say about the downsides of life on the road in an RV.
RVs are really expensive
Much of the core appeal of the RV-retirement lifestyle is the perception that an RV costs less than a house, or a “sticks and bricks” home, to use the lingo. But there’s a ton of “it depends” in that equation, and an RV that suits your needs can be a big investment. Before you can even set a budget, you need to understand the different options on the market. A quick primer:
- Class A motorhome: These are based on commercial truck chassis and all the bodywork is by the RV maker. You won’t see a Ford or Ram front end here. While not all Class A motorhomes are large, the biggest, most expensive motorhomes are all Class A. Prices start around $60,000 and can reach seven figures, once you’re driving something akin to Willy Nelson’s Honeysuckle Rose.
- Class B motorhome: That’s the technical term, but it’s rarely used. Owners will refer to their van, or maybe their “Sprinter” (technically a Mercedes model that gets applied generically). While these might be heavily modified, they’re no wider or longer than a factory van that provides their chassis and body shell (though they might be taller), and this makes them popular among travelers who emphasize traveling, whether in urban centers or even off road. Prices range from the cost of an empty van ($30-$40,000 new) and generally top out around $150,000 for the most tweaked models.
- Class C motorhome: Generally the most affordable of the motorized options, though some can rival Class A in their fitments. Like a Class A, these motorhomes are built on commercial chassis, but unlike Class A, they retain the factory cab. So, the driving experience — in particular, your actual view out — is more like piloting a pickup truck.
- Trailers: The cheapest entry to RV living is to buy a trailer of some sort. A folding trailer, sometimes called a pop-up trailer, can cost as little as $6,000 and go as high as $30,000, according to pricing estimates from both the RV Industry Association and Consumer Reports. Conventional travel trailers (a hard shell all the way around) start around $8,000 but can top $100,000 depending on size and amenities. Of course, as trailer size goes up, so does the need for a capable vehicle to tow it. The largest of these, fifth-wheel trailers, required a heavy-duty truck whose bed is modified to tow them, and run from $18,000 to $160,000.
“The cost range is extraordinary,” says Nancy Fasoldt, 68, who has been RVing with her husband, Allen, 79, for over 15 years — and they should know, having sampled a wide range of vehicles. After retiring in 2007, they bought a new 24½-foot Winnnebago Navion Class C motorhome for $67,000 (they estimate a similar model would cost $106,000 today). Since then, they’ve had a used 32-foot Wildcat fifth-wheel trailer, ($20,000), a 2016 38-foot Highland Ridge fifth-wheel ($26,000 after trade-in) and a Cirrus truck camper ($19,000) that slides into the bed of their pickup.
“We are still traveling, in an adaptive way now that we are both getting a tad older,” Fasoldt said recently. Because of their ages, “we do things a bit differently now. We enjoy a slower pace, make sure we are near hospitals and forget about the time of day and even the day. HA! And we wobble a bit more, so we’ve purchased walking sticks and electric bikes. But we still go. And we still love our truck camper. Smaller is better for us. We don’t have to worry about backing in, towing anything or getting a big enough spot to accommodate a trailer and a truck. We can fit in just about everywhere.”
You’ll spend even more money updating your RV's decor
Your taste in decor can differ greatly from RV designers, so you may be spending some dough upgrading the interior living space. This can be especially true if you buy used, but even new RVs can demand immediate upgrades to suit your taste.
RVer Charley Hannagan, whose home base is Pittsburgh, described the interior of her family’s used 32-foot Jayco Precept Class A motorhome as looking like “a 1970s old-age home.”
“It was awful” she says. “We spent about $2,000 to buy fabric to re-cover the furniture in fabric I liked, to buy melamine dishes that won’t break on the road, organizational stuff and sheepskin covers for the front seats.”
The Bakers redecorated, too. They replaced the mattress on the bed with one of a better quality for $900. Also inside, they changed out televisions, curtains and blinds ($8,000), added a home-grade refrigerator ($350), and bought new recliners and table chairs ($2,000).
Then there’s the outside. What RVs are made of varies, but with the exceptions of the Class B vans and aluminum Airstream trailers (and their imitators), it’s generally not formed and welded metal like a car. Siding, whether aluminum or fiberglass or some other composite, is more common. That was the case for the Bakers, who paid north of $20,000 to have their entire unit resided and repainted.
Your RV will depreciate in value
You might call it your home, but don’t expect your RV to increase in value over time like most traditional “sticks and bricks” houses do.
“With RVs ranging in price from $60,000 to $600,000, it’s hard to compare them to a home that’s paid off or near being paid off and find financial benefit,” says Margo Armstrong, who’s been RVing for over two decades and writes the RV blog Moving On With Margo. “RVs also depreciate rapidly; when you add in costs for gas, insurance, upkeep, food and the many other expenses of being on the road, traditional vacationing will likely seem to be a better value for your money.”
There are exceptions: As with cars, there is a market for high-end, collectible RVs and trailers (again, think Airstream). But the cost of admission to this club is high and as with most collectibles, the wear and tear of everyday use can severely limit price appreciation. Do you really want to break into a sweat every time a branch brushes against your roof?
RVs guzzle fuel
Gas prices are cheaper than they were last year, buy you'll still want to think long and hard about what it’s going to take to fill your RV for rolling down the highway. Are you prepared for triple-figure fill-ups? Gas mileage in the single digits? Pushing a house through the air at 60 mph takes a lot of power, and power takes fuel. Plus, the biggest and fanciest of RVs often take diesel fuel, and while a diesel rig can be more efficient, the gap between gasoline and pricier diesel has been growing.
“The price of fuel has certainly impacted our adventures,” said Nancy Fasoldt, who lives in upstate New York when not RVing. “We’ll winter in mid-Florida instead of South Padre Island, Texas, because it is closer. And we are planning summer excursions nearer than farther from home. And we flew to Seattle to see the kids instead of driving. Sad to say, it was cheaper to fly first class than to drive the truck camper.”
You'll need extra insurance for your RV
Your auto policy will likely extend its liability coverage for a trailer you haul behind your vehicle (but you should absolutely check). But that’s a bare minimum and does nothing to protect the trailer’s own value from loss.
Your insurance needs can quickly escalate, especially if you travel extensively or buy something beyond a trailer. Keep in mind, too, that an RV is bigger than a car and more challenging to drive (we’ll get to the gory details), making accidents, both big and small, a greater possibility and potentially more costly.
A standard RV insurance policy will cover many of the same things as a standard auto policy: liability coverage (if you hurt someone else or damage their property), comprehensive coverage (theft, vandalism, acts of nature, deer strikes, etc.); collision coverage (damage to your RV if you’re in an auto accident); uninsured/underinsured coverage (damage to your RV or your injuries if the other driver doesn’t have any or enough insurance); and medical coverage (medical bills for you or your passengers resulting from an accident).
In addition, insurers have add-on insurance for RVs. Costs will vary widely based on where you live, your driving record, what kind of RV you own and how much time you spend in it. The Hannagans, for example, say they pay about $1,700 a year to insure their motorhome and the MINI Cooper they tow behind it.
Many RV owners, according to Progressive, seek coverage that includes:
- Total loss replacement. This will replace your new RV with a comparable new RV (no depreciation applied) if you experience a total loss within a specified time frame, typically five years.
- Replacement cost personal effects. This covers your personal belongings inside your RV (and sometimes outside) if damaged, destroyed or stolen.
- Vacation/campsite liability. This covers injuries and property damage when you’re traveling and living in your parked RV for extended periods.
- Emergency expenses. This pays for lodging and transportation if your RV is out of commission due to a covered accident. Particularly important if you’ve ditched “sticks and bricks” to live in your RV.
Health care can be a hassle when traveling in an RV
Being on the road in an RV can mean being far away from your regular doctors and your insurer’s network of medical providers and facilities.
“Health insurance is the problem, not health care,” says retiree Nancy Fasoldt. “There are doctors everywhere, but the cost can kill you because of the insurance. HMOs, PPOs, in-network, out-of-network. Geesh. If you are in Bayfield, Wis., and need stitches, you can go to an urgent care for treatment, but where to go for follow-up care that is in-network?”
Baker notes, “If you are pre-Medicare, health insurance is a nightmare as most plans are state specific. Luckily, Laura and I are on Medicare and we get coverage in any state, choose any doctor who offers Medicare. However, for supplemental plans (Parts F and G) we pay an additional $400 on top of our Social Security-Medicare payments of $290.”
Turning 65 and going on Medicare doesn’t eliminate these challenges, points out insurer The Hartford: “Retirees who are already on Medicare Parts A and B will be able to receive hospital and medical care in case of a major illness. If you are on a Medicare Part C (Medicare Advantage) plan, however, it may not cover you for anything other than emergency or urgent care, since your plan may specify that you are not allowed to see providers outside of your network.”
As for prescription drugs, Fasoldt recommends making sure that Walmart pharmacies are in-network in your plan, “because Walmarts are everywhere.” She also recommends asking your insurer for a vacation override if you’re ever on the road and need a refill fast from the nearest pharmacy.
You'll have to deal with your own waste from your RV
Unless there’s a plumbing emergency, you probably think little about where the water comes from and where the waste goes when you turn on the faucet or flush the toilet in your sticks-and-bricks home. With an RV, it’s always front of mind.
Basically, your RV is equipped with a black tank for sewage, a gray tank for shower and sink water, and a fresh water tank. You must monitor the levels in all of these. You also have to schedule regular, er, dumps — of the waste tanks.
To that end, many locales that once offered dumping stations for RVs, such as highway rest stops and campgrounds, are doing away with the service (or charging more money). Need help finding a dump station? There’s an app for that.
Quarters are close in your RV
Even in the largest of motorhomes, your traveling companion is never more than a few feet away. If you require an abundance of space, privacy and solitude, the RV life might not be for you.
Some traveling partners sort it out by doing certain tasks — laundry, grocery shopping — solo.
Says Nancy Fasoldt: “Honestly, we never found the closeness to be problematic. Others have told us they have. But we keep busy reading, writing, painting, bike riding, walking the dogs. And, if necessary, we can pull a curtain to hide behind. We seriously like each other most of the time, so it’s not hard to be that close.”
RVs are a bear to drive
Even the most nimble of RVs — the Class B vans — require some adjustment for most drivers. The blind spots are massive and rearward vision is generally a function of mirrors and cameras. You’ll need a trucker’s appreciation for clearance limits (GPS navigation can help here). Rest stops, left turns and (maybe just don’t do these) U-turns need to be carefully planned.
With size comes greater difficulty, but attempting to dodge that bullet by sticking to a trailer is not without its own problems — chiefly backing up. Crosswinds are also no fun, especially with a hard-shell trailer. Either way, be prepared for a steep learning curve before you’re comfortable sitting behind the wheel of a 40-foot motorhome or hauling around a full-size fifth wheel trailer.
The dealer will give you a basic introduction to your RV when they hand over the keys, but you’ll want some practical experience under your belt before you hit the road. Search online for RV driving schools in your area, or ask for referrals to instructors from the dealership or from staff at RV parks and campgrounds. Or, ask experienced RVers where they learned to drive.
Even if only one of you plans on taking the wheel, it’s advisable for your traveling partner to learn how to drive the RV in a pinch in case you become tired or ill. We saw RV classes ranging from $250 for an RV backing class to $895 for a two-day driving class for two people.
Overnight parking can be problematic with an RV
If just stopping to stretch your legs requires forethought, you’d better believe you’ll need to figure out where you’ll park your RV each and every night along the way. The #vanlife people with their Class B vans seem to thrive on finding public-land places where they can park for free (yes, there are apps for that, too), but if you’re driving something bigger, want hookups or a bathroom with porcelain fixtures, don’t expect to live too spontaneously.
Aside from RV parks and campgrounds where you can reserve a spot in advance, Walmart, Cracker Barrel, Lowes and Home Depot parking lots have been popular for overnighting in your RV. However, Nancy Fasoldt recommends calling ahead to ask the store manager for permission and specific instructions on where to park in the lot. Fasoldt says they’ve also had luck overnighting at Cabela’s sporting goods megastores. Some truck stops, rest stops and state visitor centers allow RVs, as do some museums, casinos and other tourist attractions.
An example of rest stops: You can park your RV at select rest areas on the Ohio Turnpike, for one night only (bad news for all of you longing to vacation at an Ohio Turnpike rest stop). It will set you back $20, but that includes electrical outlets, a wastewater dump station and potable water filling station. They’re available on a first-come, first-serve basis.
“Our favorite overnight stops are at Elks Lodges,” says Geoff Baker. “I am a member in Gillette, Wy., and we can stay at Elks Lodges around the country that offer RV parking – often free, and up to $25 per night donation for water and electric service.”
The Bakers are down on the Walmart option, though. “Too noisy, and not as secure as it used to be,” said Baker.
Technology helps the Fasoldts find places to park overnight. Free websites they use include Casino Camper, FreeCampsites.net and Harvest Hosts, the latter of which matches RVers with willing wineries, breweries and farms. “The catch is they want our business,” says Nancy Fasoldt. They also use the Allstays Camp and RV app.
RV repairs can be costly
As with a car, an RV requires routine maintenance and breaks down on occasion. But remember, it’s also a house, with the added burdens of water and waste tanks to watch, propane levels to monitor and appliances to go on the fritz.
“Much like your house, where you’ll have somebody take a look at the furnace every season, you still have those kinds of issues with an RV,” says Phil Ingrassia, president of the RV Dealers Association. “People need to consider the maintenance that needs to be done, to keep their RV ready to go when they want to go on vacation. There’s nothing worse than you’re all ready to go with a family camping, and then something’s wrong. So you need to do that maintenance much like you have to do with a home.”
The Hannagans have experience with repairs. Getting repairs done can be complicated, adds Hannagan. While their RV dealer will fix things in the living area, it doesn’t work on the engine and chassis. For that they need to find a Ford dealer that repairs truck engines and has the room in its garage to fit a 32-foot motorhome. “It’s difficult to get your rig into a dealer,” she says.
Hannagan suggests dedicating a savings account to RV upkeep and repair. “This year we expect to spend about $5,000 to replace tires, install new brakes and other repairs,” said Hannagan. “RVing is not for the faint of heart.”
For roadside assistance, the Fasoldts rely on CoachNet. “It is like AAA on amphetamines,” says Nancy Fasoldt. A one-year membership costs $179 for trailers and fifth wheels, and $249 for motorhomes.
You’ll need to get rid of a lot of your stuff
Meemaw’s hutch and your trusty table saw won’t be able to come along on this ride. That can bother people who have attachments, sentimental and otherwise, to belongings. Unless you can find a kindly relative, it costs to store these items.
Seasoned RVers, especially full-timers, know you’ll need to to cull clothes and cut down hard on clutter — and not acquire more, even if you’re traveling through a world full of yard sales.
The freedom of the open road isn’t free. And it’s crowded
Complaints from RVers in mid-2022 center on climbing rental rates at campgrounds, crowds at campgrounds and the growing likelihood they’ll be shut out or time-restricted at RV parks. Let’s look at the national parks alone: 44 of them set visitation records in 2021, the National Park Service reports, likely fueled by the pandemic urge to travel.
“Seriously, getting into a state or national park campground has become darn near impossible unless you are willing to play a game of chance, counting back the days AND HOURS before the spots are opened for reservations, then going online at a certain time of day and hitting refresh until the site open for reservations.” said Fasoldt. “Then it becomes a game of chance so see whose computer logged in faster.”
And if you do succeed in winning the site lottery, you’ll need to stick by your reservation, which includes showing up the first day of your slot and not counting on extending your stay. The next camper is right behind you.
“Something else new we are seeing is PACKED CAMPGROUNDS,” said Fasoldt. “The pandemic must have returned lots and lots of people to the woods and wilds, which is wonderful. Nature is a stress reliever. And it is wonderful to see children skipping stones, tossing Nerf darts and hiking with their parents. But all this newfound popularity makes it hard for a retiree to get a campground spot without making a reservation (and forget weekends … they are booked way, way out.). And we don’t like to plan ahead much.”
It can get lonely on the road in an RV
Spending much or all of your time in retirement in an RV means pulling up roots and moving from place to place. The lifestyle doesn’t work for those who require close proximity to friends, family and familiar surroundings.
“I like escaping,” says Allen Fasoldt. “But it’s often nice to spend time with relatives. Trouble is, if you go RVing to get away, you are trying to get away.”
Adds Nancy Fasoldt: “Because we travel so much, our friends have gotten used to us not being there, so we’ve been slowly written off invite lists, no longer on speed dial. I look at myself as being a part-time person. Part-time here, part-time there. While fellow travelers make fast friends, it is only temporary, while we are in each other’s sphere. I do miss what I used to have in my home community.”
An airbnb for RVs? You might want to try before you buy
You wouldn’t buy a house and move to a city sight unseen, yes? It’s probably not a good idea to sell your house and buy an RV before a practice run or two in whatever size motorhome (or towable) you’re eyeing. That experience — renting an RV for a vacation — soured a friend of mine on the whole retiring-in-a-recreational-vehicle jam.
Many RV dealers have rental vehicles, too. If there’s not one near you, you can find rentals across the country on several websites, including Outdoorsy and RVshare. Another, RVezy, calls itself “the Airbnb of RVs,” and it features RVs from private owners from around the country. Those rigs include towables, motorhomes, pet-friendly RVs, deliverable RVs and stationary RVs.
It’ll cost you some, though; modest per-night rates don't usually reflect a bevvy of fees. We looked at top RVezy rentals near Sacramento, Calif., a popular rental city for RVezy. Jeremiah’s Coleman Lantern 244BH Travel Trailer (sleeps 8), for two nights in October, will cost you about $792 once the all the fees are baked in — but remember you'll need to bring something to pull it with unless you'd like Jeremiah to deliver it, for a fee. A Forester Class C RV for two nights costs $630. And this is before gas, food, propane and the fees for wherever you’re going to park.
Bob was Senior Editor at Kiplinger.com for seven years and is now a contributor to the website. He has more than 40 years of experience in online, print and visual journalism. Bob has worked as an award-winning writer and editor in the Washington, D.C., market as well as at news organizations in New York, Michigan and California. Bob joined Kiplinger in 2016, bringing a wealth of expertise covering retail, entertainment, and money-saving trends and topics. He was one of the first journalists at a daily news organization to aggressively cover retail as a specialty and has been lauded in the retail industry for his expertise. Bob has also been an adjunct and associate professor of print, online and visual journalism at Syracuse University and Ithaca College. He has a master’s degree from Syracuse University’s S.I. Newhouse School of Public Communications and a bachelor’s degree in communications and theater from Hope College.
- Erin BendigPersonal Finance Writer
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