# Retirees Should Rent These 5 High-Cost Items

> Renting beats buying for 5 retirement items.
- Title: Retirees Should Rent These 5 High-Cost Items · Kiplinger
- Summary: Renting beats buying for 5 retirement items. Retirees save money by renting recreational vehicles, boats, vacation homes, power tools, and medical equipment…
- Keywords: retirees, recreational vehicles, recreational boats, vacation homes, power tools, medical equipment, renting, retirement planning, Rent, High-Cost, Items, Kiplinger
- Source: Kiplinger — https://kiplinger.com/retirement/retirement-planning/why-renting-these-big-ticket-items-beats-buying-them-in-retirement
- Published: 2026-09-29T14:15:00+00:00
- Read time: 1 min
- Topics: retirees, recreational vehicles, recreational boats, vacation homes, power tools, medical equipment, renting, retirement planning
## Retirement dreams
Retirees dream of traveling in an RV or building a wine cellar.
## RV ownership costs
Buying an RV costs thousands and depreciates quickly.
## RV rentals
Rent an RV for $50 to $300 per night via peer-to-peer or traditional services.
## Boat ownership costs
New boats cost $25,000 to $150,000 with annual expenses of $2,500 to $15,000.
## Boat rentals
Rent a boat for $200 to $10,000 a day or $1,000 to $50,000 a week.
## Vacation home costs
Owning a vacation home drains cash through taxes, insurance, and maintenance.
## Vacation home rentals
Renting saves on taxes, insurance, and maintenance while offering flexibility.
## Power tools costs
High-end power tools cost up to $1,200 each.
## Power tools rentals
Rent power tools for $29 a day at Home Depot or $104 a day for paint sprayers.
## Medical equipment costs
Wheelchairs cost $2,500 while stair lifts start at $2,900.
## Medical equipment rentals
Rent wheelchairs for $50 to $150 a month and stair lifts for $300 to $500 a month.
## What happens next
Retirees save money by renting instead of buying high-cost items.
## Key takeaway

Retirees save money by renting recreational vehicles, boats, vacation homes, power tools, and medical equipment instead of buying them outright.