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Listen to Money Wisdom with Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® and gain key financial insights to help you make informed decisions for your future. Jake and Nick aim to provide clarity and guidance, addressing your questions and shining a light on the real financial challenges facing today’s retirees.

Dec 30, 2020

Do your retirement goals include finding a second home where you can spend a portion of the year living in? If so, what are the best options for financing that home? Let’s look at the different choices and explain which might make the most sense from a planning standpoint. We’ll also answer two other listener questions on contributions and working with an advisor.

 

Read more and get additional financial resources here: https://johnsonbrunetti.com/podcast-episode-181-best-options-for-financing-a-second-home/ 

 

What we discuss on this show: 

0:20 – Vaccine news

1:40 – Mailbag Question: We’ve always dreamed of a vacation home in retirement. I think we can afford it but aren’t sure where to pull it from?

5:51 – Mailbag Question: I make too much to contribute to a Roth IRA. Is there anywhere else I can invest to give myself some tax advantages in the future?

7:52 – Mailbag Question: I’ve always handled my investments on my own but is that a bad idea as I get older?

9:23 – Money Map Retirement Review