Moving to a Farm After Retirement: 6 Pros and Cons

Once it’s time to retire, there’s no denying that moving to a farm sounds like a great choice. Peace, quiet, and the opportunity to make a great income, what more can you ask for?! However, there are still some things to consider so that you are entirely aware of all the responsibilities that come with it. To maintain a vast property requires a lot of work!

Below we are going to discuss three pros and three cons to moving to a farm after retirement. Interested? Then keep on reading!

Pro: Escape from city life

If you’ve grown up in the city, moving out into the country can be a breath of fresh air. Not only is it quieter, but being close to nature can contribute to a healthier lifestyle. Air quality can assist with allergies, respiratory illnesses, and even certain heart diseases. You’ll be less stressed and more relaxed, enjoying life at a much slower pace.

Con: Requires a lot of maintenance

While running a farm can be relaxing, you also have to be prepared for all of the maintenance involved. Mowing, gardening, and even maintaining crops all require time and expensive machinery. This can all be even more confusing if you haven’t had any previous experience.

If you are running livestock and animals, you also need to consider different feeding options such as this sustainable animal feed to keep them healthy. They need to be cared for, groomed, and even protected against various diseases. There is a lot of work behind the scenes that many individuals don’t think about.

Pro: Variety of farming opportunities

Farming comes in all shapes and sizes, so whether you want to start small with a few easy crops, or a handful of animals, the options are endless. In the US, corn, cotton, fruit, rice, and soybean are just some of the biggest and most profitable crop choices. However, if you only want to start something small, you can sell your produce locally. Check out these easy-to-grow vegetables to get started!

Con: Isolated from society

While the peace and quiet can be great at times, when moving to a farm, you have to be prepared to be isolated from society. Rural areas don’t have access to the luxuries you may be used to enjoying, such as shopping malls and cinemas. Alongside this, you have to keep in mind that you will be further away from healthcare services.

Pro: Ability to generate a steady income

If you’re looking to still make money in retirement, then farming can be a great choice. Even if you plan on just selling chicken eggs or home-grown vegetables at the market, you can generate a great income. Obviously, the amount you make depends on how much work you put in, but it can be a great option to think about.

Con: Selling later on can be difficult

Finally, as you begin to age throughout your retirement, you may want to sell your farm. This could be to move to a nursing home, or further into town with closer facilities. However, regardless of the reason, it can be challenging to sell. Large properties take time to prepare for the market and aren’t in such high demand when compared to apartments and townhouses.




Comments

Be the first to commment on this article.

Post a Comment