Should You Buy a Second Home When You Retire?

A second home can build wealth and offer getaways in retirement—but only if you plan carefully for the costs and risks.
Should You Buy a Second Home When You Retire?
There’s a lot to consider when buying a second home. Dreamstime/TCA
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By Kathryn Pomroy From Kiplinger’s Personal Finance

Buying a second home in retirement can be a great way to gain appreciation and generate income. But it’s not without its risks and downsides.