Becoming a snowbird, or a retiree who spends winter in the south and summers in the north, isn't cheap.
Planning to spend winters down south in retirement? SmartAsset's free tool can help find a financial adviser to make your dream a reality » In Corliss' experience as a financial planner working with snowbird clients, he's found people tend to think it's cheaper than it is. It's not uncommon that people don't consider the costs of insuring two properties, forget to add up travel expenses to and from their home, or neglect to budget for owning two cars. And, he finds that people just generally spend more when they change locations every few months.
They bought a Caribbean condo for about $200,000 in 2004. "We bought a property in St. Croix as a rental investment with the idea that if it didn't work out as a rental or resale, we would have a place in the Caribbean to retire to," he says.
Goals...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the launch of the $300 million Call of Duty League - Business InsiderI attended the launch event of the $300 million Call of Duty League and it was a wild three-day whirlwind showcasing the potential of the esports industry.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Kobe And Shaq's Complicated NBA Partnership and Reconciliation - Business InsiderKobe Bryant and Shaquille O'Neal were part of one of the greatest dynasties in NBA history. Take a look back at their fierce rivalry and complicated relationship. This was the back story to the laker parade we love purple n gold the did too look at their body language
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Hunt family's net worth, and who owns the Kansas City Chiefs - Business InsiderLamar Hunt, late owner of the Kansas City Chiefs, was one of 15 children and an heir to the Hunt family dynasty, one of the richest families in America This is nothing but an effort in class warfare.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Wuhan coronavirus: Videos inside evacuation flight back to US - Business InsiderVideo shows what it was like on the plane evacuating US citizens out of Wuhan, as one passenger describes doing the Mexican wave to pass time
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here's exactly when you should write your startup's business plan - Business InsiderExperts who studied over 1,000 founders say there is a specific time in the startup lifecycle when it makes the most sense to write a business plan.
Source: BusinessInsider - 🏆 729. / 51 Read more »