GO
Loading...

Enter multiple symbols separated by commas

CNBC Poll: Will You Be Able to Afford a Retirement Home?

Retirement - A CNBC Special Report
Retirement - A CNBC Special Report

With residential real estate prices still historically low in traditionally alluring retirement spots like Florida, North Carolina, Arizona and California, baby boomers have been shifting their investment capital from the stock market to a second home — which, they hope, will morph into a secondary, seasonal residence or even a primary one when they officially retire.

The operating assumption is that with prices and interest rates low, the property will appreciate nicely in the years and even decades ahead, while providing an inexpensive vacation getaway during the remaining working years.

In some markets, the properties can also provide year-round or monthly rental income, offsetting mortgage, maintenance and tax costs.

Of course, the move takes cash and courage.

What do you think?

Vote
Vote to see results
Total Votes:

Not a Scientific Survey. Results may not total 100% due to rounding.

Latest Special Reports

  • CNBC's ninth annual study measures all 50 states on more than 60 different metrics.

  • Waitress tablet

    Trailblazers leveraging the power of technology and innovation to grow their business—and disrupt the competition.

  • Advisor-centric content with guest columns covering practice management, investment strategies and marketing/social media.

Retirement