The Real Cost of a Vacation Home
What if instead of buying that vacation home, you invested the money?
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Just because your millennial child is living on their own or perhaps even raising children of their own, that doesn’t mean important parent-child conversations should stop.
Time and market performance may subtly and slowly imbalance your portfolio.
Have income that isn’t subject to tax withholding? Or insufficient withholdings? You may have to pay estimated taxes.