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Financial Planning for the Snowbird

Financial Planning for the Snowbird

If you’re a current or soon-to-be retiree, you may be thinking about getting a second home somewhere warmer for the winter. While the idea sounds great on paper, there are many potential challenges associated with owning and maintaining a second home far from your first: have you thought it all through?

Becoming a “snowbird” retiree can be a rewarding experience, provided you’re prepared to consider the issues that could arise from your decision. These include subjects like location, ownership, and legal complications.

In his latest article in Forbes, Steve Parrish, Retirement Income Center director, explains how you can best address the obstacles of becoming a snowbird while reaping the benefits in your golden years.

Read on here.

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