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You Don't Have To Be Rich To Be A Snowbird--But It Helps
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21 Jan 2020 12:46 AM EST

People who can afford to winter in warm, sunny places are usually thought of as wealthy. But according to Business Insider, one financial planner says you don't have to be wealthy to be a snowbird. However, it does take serious, long-term planning. Jeffrey Corliss is a financial planner based in Connecticut and says the costs of snowbirding can add up quickly. After all, you may have two homes to pay for, insure, maintain, secure, and pay tax on. Corliss suggests making sure both properties will make good rental properties, so you can cover your costs. And don't forget, you're likely to party more, take more excursions, and entertain more when you're on vacation!

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