The Real Cost of a Vacation Home
What if instead of buying that vacation home, you invested the money?
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Americans are saving more these days.1 Especially millennials. We know why to save: For emergencies, for retirement, to afford big-ticket dreams like home ownership or opening a business. But how to save is another matter.
Determining the value of your estate, or for someone who has passed away, can be a complex undertaking.
The brain is a powerful thing, but when it comes to preparing for something that is far in the distance like retirement, it can easily be led astray — and result in some big retirement planning mistakes.