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2 reasons a ‘snowbird’ retirement spending winters in the sun might be even more expensive than you expect
|January 30, 2020||Posted by TravelKinds.Com under General||
- Being a “snowbird” retiree who spends winters down south and summers up north isn’t cheap.
- A financial planner says that snowbirds often forget to factor two significant expenses into their budget: increased entertainment expenses and doubled home costs.
- Expect hidden expenses as a homeowner, from insurance to maintenance, he says. Plus, expect to spend more on being social year-round and hosting family and friends.
- SmartAsset’s free tool can connect you with the right financial planner to help your own retirement dreams come true »
Chasing the sun as a snowbird — a retiree who spends summers in the north and read more >>>
Source : BusinessInsider.Com