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Reply to "Early retirement, vacation home or travel? Hard decision"
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[quote=Anonymous]Depending on your assets, you could look at the vacation home as an investment - especially if you're willing to get a property manager and do the AirB&B thing when you aren't using the property. Just set the cost really high to avoid low-quality renters. Even if you don't want to recoup some cost through renting it out though, if you have enough assets to be "set for life," I'd think you could get a vacation home and plan to sell it further on into your retirement if you need the money for a nursing home, etc. It doesn't have to be a forever decision. Unless you're looking at a reallllllly expensive vacation home, I think that real estate that you could potentially liquidate being a part of your investment portfolio for/in retirement is entirely appropriate. [/quote]
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