Okay, ever since retiring a couple of years ago I've gone back and forth on whether to buy a vacation home or not. I tend to overly worry about big decisions like this. (my life story!)
In a perfect world I would have loved to buy one when my kids were younger but I always worried about saving for college expenses plus wondering how I'd be financially after I retire. Fast forward 2 years and I'm now retired with no financial worries, college costs all behind me and I find that I have an extra couple thousand dollars each month just going into an already large enough bank account.
Currently rethinking the possibility of buying a vacation home again but now my worry is that at age 57 we might be to "old" to start a new adventure like this. My 3 kids are all in their early 20's, single and of course have life's of their own although I'm sure they'd still visit this vacation home.
I guess my question is if anyone else has purchased a first time vacation/second home at this age and found it to be still worthwhile? Currently my wife still works full time but is a virtual employee who could bring her computer with her to the second home and still do her job.
In a perfect world I would have loved to buy one when my kids were younger but I always worried about saving for college expenses plus wondering how I'd be financially after I retire. Fast forward 2 years and I'm now retired with no financial worries, college costs all behind me and I find that I have an extra couple thousand dollars each month just going into an already large enough bank account.
Currently rethinking the possibility of buying a vacation home again but now my worry is that at age 57 we might be to "old" to start a new adventure like this. My 3 kids are all in their early 20's, single and of course have life's of their own although I'm sure they'd still visit this vacation home.
I guess my question is if anyone else has purchased a first time vacation/second home at this age and found it to be still worthwhile? Currently my wife still works full time but is a virtual employee who could bring her computer with her to the second home and still do her job.
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