Are you wondering if you’re on track to retire comfortably?
According to Intuit, 69% of people say today’s financial environment makes it tough to plan for the future, and 68% aren’t sure they’ll ever be able to retire. That’s why many are exploring new ways to build stability and long-term income — and real estate is becoming a key part of that strategy.
Why Real Estate Can Strengthen Your Retirement Plan
If you can make the numbers work, buying a second home can be more than a luxury — it can be a smart financial move for your future. Here’s how it could benefit you:
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Build wealth over time: As home prices appreciate, your second home could increase in value and boost your net worth.
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Generate extra income: Renting out the property could supplement your retirement savings. Keep in mind that some of this income will go toward mortgage payments, property taxes, and maintenance.
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Profit from a future sale: Selling the home down the road could provide a significant boost to your retirement funds.
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Diversify your assets: Real estate gives you a tangible, stable asset, helping you avoid relying solely on stocks or savings.
Most Second Homeowners Aren’t Big Investors
Owning multiple homes isn’t just for large investors. In fact, data from BatchData and CJ Patrick Company shows that 85% of people who own more than one property have only 1 to 5 homes.
That means most second-home owners are everyday people — often using an extra property for rental income, personal use, or as a long-term investment.
Why Now Might Be the Right Time to Buy
Market conditions may be shifting in favor of buyers. According to Danielle Hale, Chief Economist at Realtor.com:
“. . . the balance of power in the housing market keeps shifting in favor of homebuyers. . . A confluence of factors—including more homes for sale, rising price cuts, and slower-moving inventory—is giving buyers more leverage than they’ve had in years . . .”
If you live in an area where prices are expected to rise, buying another property now could mean more equity later — whether you sell it for a profit or rent it out for steady income.
How to Get Started
If this idea appeals to you, your first step is to connect with a few trusted professionals who can help you navigate the process:
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A local real estate agent who understands the second home market in your area.
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A lender who specializes in second home or investment property loans.
With the right guidance, you can make well-informed decisions from the very start.
Bottom Line
A second home could be more than just a getaway — it might be the missing piece in your retirement strategy. If you’re curious about your options, connect with The Ace Estate Team today to explore how a second home could help you build financial security and peace of mind for the years ahead.
