The Real Cost of a Vacation Home
What if instead of buying that vacation home, you invested the money?
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It’s morning and you’re out the door. Immediately your home’s smart devices take over, dialing down the heat, turning off the coffeemaker, and arming surveillance inside and out. In the car, rain-sensing wipers activate at the first drops; adaptive cruise control maintains a steady pace; and upon arrival, parking assist gets you into a tight space, no problem.
It may help your business be better prepared in the event of the death of a principal or key employee.
In recent years, a new personal finance concept has caught FIRE: Financial Independence, Retire Early.