http://gotoretirement.com/2008/11/the-benefits-of-a-pre-retirement-vacation-home/ A Baby Boomer's Journey from Retirement Planning to Retirement Living Tue, 16 Mar 2010 17:58:44 +0000 http://wordpress.org/?v=2.9 hourly 1 http://gotoretirement.com/2008/11/the-benefits-of-a-pre-retirement-vacation-home/comment-page-1/#comment-2314 Mr. GoTo Mon, 08 Mar 2010 20:54:56 +0000 http://gotoretirement.com/?p=3#comment-2314 If your goal is to buy a home that you may use in retirement later, then you should envision that outcome. Personally, I would not want to be in a duplex. Buying home that you can rent out now to generate income makes sense, keeping in mind that areas that are popular enough to sustain rental income will have much higher acquisition costs. Our lake home was very affordable but it is not in a resort location where we could generate steady rental income. Good luck with your search. If your goal is to buy a home that you may use in retirement later, then you should envision that outcome. Personally, I would not want to be in a duplex. Buying home that you can rent out now to generate income makes sense, keeping in mind that areas that are popular enough to sustain rental income will have much higher acquisition costs. Our lake home was very affordable but it is not in a resort location where we could generate steady rental income. Good luck with your search.

]]> http://gotoretirement.com/2008/11/the-benefits-of-a-pre-retirement-vacation-home/comment-page-1/#comment-2313 bonavita Mon, 08 Mar 2010 18:53:48 +0000 http://gotoretirement.com/?p=3#comment-2313 I really liked your article. My husband is very thrifty about spending money now and is obsessed about saving money for our future (plus our son is in high school and we proably will help with his college tuition). So, I really agree with your ideas of setting up a connectedness now. I have often wondered about investing in a retirement home now, and agree with everything you say. I personally find water very restorative and cleansing and would think it would carry us a long way as you even say, into retiring later if necessary. My funds are limited but I do have some money I could purchase with. Should I be thinking of looking into an income property investment...like a duplex or something? I really liked your article. My husband is very thrifty about spending money now and is obsessed about saving money for our future (plus our son is in high school and we proably will help with his college tuition). So, I really agree with your ideas of setting up a connectedness now. I have often wondered about investing in a retirement home now, and agree with everything you say. I personally find water very restorative and cleansing and would think it would carry us a long way as you even say, into retiring later if necessary. My funds are limited but I do have some money I could purchase with. Should I be thinking of looking into an income property investment…like a duplex or something?

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