Latest News

How A Second Home Can Affect Your Retirement Plan

Owning a vacation home can seem like a great idea. After all, just throwing a few things in your car to leave for a vacation at your personal Shangri-La is a very enticing dream. But, if you’re contemplating buying a second home for vacation purposes, you’d do well to consider how that might affect your future retirement, especially in the area of your retirement savings. In this Forbes article by financial planner David John Marotta, the author describes in detail the responsibilities of owning a second home, as well as how applying those resources to your retirement savings might improve your comfort when your working career is over.  Click here to read more.

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

Website by Geiger Computers