A Second Home Might Be the Missing Piece in Your Retirement Plan

Wondering if you’re on track for retirement? You’re not alone. According to Intuit, 69% of people say today’s economy makes it difficult to plan for the future, and 68% aren’t sure they’ll ever be able to retire.

With uncertainty about traditional retirement savings, more people are looking for ways to create stability and long-term income. One powerful option? Real estate.

Why Consider Real Estate in Your Retirement Strategy?

If the numbers work for your situation, buying a second home could be a smart move for your future financial security. Here’s how it could help you:

1. Build Wealth Over Time

Historically, home values increase over the years. A second property can appreciate in value, boosting your net worth and giving you a tangible asset to rely on.

2. Generate Extra Income

Renting out your second home can create an additional income stream to supplement your retirement savings. Just remember to account for mortgage payments, taxes, and maintenance costs when running the numbers.

3. Potential Profit When You Sell

You may choose to sell your second home down the road, using the proceeds to give your retirement fund a significant boost.

4. Diversify Your Portfolio

Owning property reduces your dependence on only stocks, bonds, or savings. Real estate is a tangible asset that can help stabilize your financial picture.

Most Second Homeowners Aren’t Big Investors

Think owning multiple homes is only for large investors? Think again. Many people who purchase a second property are regular homeowners, your neighbors, coworkers, or family members, looking for an extra source of income or a long-term investment.

Why Now Could Be the Right Time

If you live in an area where home prices are expected to rise, buying now could mean significant equity growth in the years ahead. You could rent the property for ongoing income, or sell later for a lump-sum profit to support your retirement goals.

Who You Need on Your Team

If you’re considering buying a second home, the smartest first step is to build the right support network:

• A local real estate agent who understands your market

• A lender who specializes in second home or investment property loans

The right professionals can guide you through financing, location selection, and market trends, helping you make confident, informed decisions.

A second home could be more than just a vacation spot, it might be a key part of your retirement plan. It can help you build wealth, diversify your assets, and create more financial freedom.

Thinking about exploring this option? Let’s connect and discuss whether buying a second property could help you retire sooner, and with more peace of mind.