In This Video:

You’ve saved up $2.5 million and you’re wondering whether you can buy a vacation home or whether you should just do a long-term rental. Maybe you should just scratch the idea altogether. This is a conversation we have with clients and today’s show is going to walk you through how we help determine if the vacation home is going to work with a hypothetical case study.

Things to Consider:

Using detailed retirement projections, we’ll analyze income, taxes, long-term sustainability, and lifestyle impact under each scenario. Plus, we’ll share a framework you can use to test your own plans, including key questions around “retirement paychecks,” “bonus checks,” tax efficiency, and legacy goals.

Here’s some of what we discuss in this episode:

💵 Comparing buy vs. rent scenarios in retirement

📊 How large purchases affect long-term income and taxes

💬 Why your “retirement paycheck” must align with your goals

🧾 Is it smart to get a mortgage pre-retirement?

0:00 – Intro

1:08 – The hypothetical couple

6:16 – Running the numbers

10:30 – Buying the home

14:44 – Vacation Rental

18:22 – Pros and cons

19:44 – Tax considerations

21:32 – Listener question on mortgages in retirement

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