While the vast majority of people will choose to live in the same home once they retire, many more housing opportunities typically open up during your retirement years due to kids being out of the home - hopefully – and the fact that you don't have any obligations to show up to any specific workplace or maybe you're now able to work on your own terms from the comfort of your own home. In this case, Snowbirding by splitting time between two homes might be ideal dream retirement for you. However, you'll want to keep in mind the many financial and tax challenges that you're likely going to run into. In this episode, we review the snowbird implications many people don't think of when taking the leap! More specifically, I discuss: Non-financial considerations when maintaining two homes Affordability when it comes to owning vs renting Various tax implications & establishing residency Costs of maintaining multiple residences Healthcare costs and coverage complexities   Resources: Access Show Notes HERE Free Retirement Jump Start Analysis for Ages 50+ Ask Cameron A Question!   The key moments in this episode are: 00:00:35 - Housing Opportunities in Retirement  00:02:19 - Nonfinancial Considerations of Snowbirding  00:04:33 - Buying vs. Leasing Property  00:09:39 - Establishing Residency  00:15:14 - Managing Mail and Utilities for Snowbird Living  00:16:10 - Hypothetical Cost Example for Snowbird Living  00:17:22 - Considerations for Healthcare and Insurance  00:18:46 - Liquidity and Overspending Considerations  00:20:38 - Planning and Professional Involvement for Snowbird Lifestyle 

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