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Reply to "Buying waterfront property for retirement?"
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[quote=Anonymous]DH retiring in the next couple of years and last kid heading to college next year. We like spending time during our summers in the Aquidneck Island area of RI. Waterfront property in some parts of the island are still affordable and we are considering purchasing one with the intent of Airbnb when we aren’t there. Once DH retires we will spend the whole summer there. My concern is the distance, but I don’t want to regret not doing it years from now when prices become more out of reach. We found a beautiful place with minimal flood risk, which was one of our concerns with waterfront. I am so on the fence with this and DH is ready to pull the trigger. Both kids love spending time there, and I feel like the place could be a magnet to get our family together during the summer. [/quote]
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