2 reasons a ‘snowbird’ retirement spending winters in the sun might be even more expensive than you expect

• 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