Buying a second home is an exciting step at any time in your life, but it’s especially thrilling when you’re about to embark on your retirement years. This new property can help you create special memories with your family or provide you with a new source of income. Whatever your post-retirement dream might be, your second home can set the stage to help you achieve it..
When buying a house, you’ll need to revisit your insurance needs, including life insurance. As with the acquisition of any new asset, your financial position and that of your family may change, so it’s important to have enough life insurance in place to help financially protect them. Learn how you can help ensure your family will enjoy your new home for years to come.
1 Buying a Second Home to Rent: Dos and Don’ts, Investopedia, 2019.
2 Insuring a Vacation Home, Insurance Information Institute, 2019.
3 Housing Trends for Baby Boomers, National Association of Home Builders, 2019.
4 4 Keys to Buying a Second Home, Bankrate, 2018.
5 Guide to Buying a Second Home or Vacation Home, HGTV, 2019.
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