Asked by llawromero  |  Submitted June 15, 2016

My wife and I are both retired, we love to travel and are deciding whether it's a better investment to buy an RV or rent hotel rooms?

We are both 63 years of age.

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  Answers  |  1

June 16, 2016

This really is a personal preference question more than financial because it will depend on what you buy or where you stay. Motorhomes can cost as much or more than a basic home if you want to spend that amount of money. Hotels can be very cheap or very expensive, depending on what you want.

This really comes down to what do you like to do when you travel? Have you considered renting a motorhome for some trips and traveling by car for others? It's going to depend on how much you use what you buy.

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