SEPTEMBER - A SECOND HOME MIGHT BE THE MISSING PIECE IN YOUR RETIREMENT PLAN

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A Second Home Might Be the Missing Piece in Your Retirement Plan Are you wondering if you’re on track to retire someday? According  to  Intuit , 69% of people say today’s financial environment makes it tough to plan for the future, and 68% aren’t sure they’ll ever be able to retire.  That’s why many people are exploring new ways to build stability and long-term income. And that’s where real estate comes in. Why Real Estate? Here’s What It Can Do for You If you’re able to make the numbers work, buying a second home can be a powerful tool for your future retirement. It could help you: Build wealth over time :  As home prices rise through the years, your second home should grow in value and increase your net worth. Generate extra income:  Renting the home could bring in some extra income you can add to your existing retirement savings. Just remember, some of the rent coming in will need to be used to pay that mortgage and maintain that house.  Profit in the ...
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Summer House Backyard Retreat

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1. Add architectural interest to the exterior.
"It's important to take design cues from the main house," says Norman. Keep elements consistent with your home and its surrounding features.
2. Use an unexpected material on the floor.
Marble is used for outdoor fountains and planters, so why not a covered-porch floor? A graphic black-and-white check is striking and sophisticated.
3. Bring the comfort of the indoors outside.
"Outdoor rooms can be just as stylish as indoor rooms," says Craig. Give your covered porch the feel of a true living room with upholstered furniture. Choose woods that hold up to the elements, such as teak and mahogany, and use outdoor-grade batting and foam.
4. Get bold with a signature color.
You can never go wrong with lots of white on a porch, but add punch with accents of a strong color. A coat of marine varnish over brightly painted furniture increases its durability.
5. Pay attention to the details.
Trims such as box-pleated grosgrain, gimp, and fringe upgrade plain outdoor pillows to star status.
Get the Look:
Lantern | Nantucket Lantern (9130 3c), $875; solaria-home.com
Bench | Chippendale Garden Bench in Dark Red (46931), $299; grandinroad.com
Ottoman fabric | Bolton in Putty (W8452); thibautdesign.com
Furniture paint | Mai Tai (RLIB228); ralphlaurenhome.com
Stool | Diamond-Pattern Stool (W5398), $275; wisteria.com
Mirror | Observatory Mirror in White, $299; potterybarn.com
Architect: Norman Askins, Norman Davenport Askins Architect, Atlanta; normanaskins.com or 404/233-6565. Builder: Rex Friedlein, Pupshire Builders, Atlanta; 404/876-1598. Interior designer: Craig Duncan, C.W. Duncan Designs, Atlanta; cwduncan@gmail.com or 404/374-1641. Hanging lantern: Boxwoods Gardens & Gifts Inc., Atlanta; boxwoodsonline.com. Bergère chairs: custom by C.W. Duncan Designs, Atlanta; cwduncan@gmail.com or 404/374-1641. Pillow trims: Lewis & Sheron Textiles; lsfabrics.com. Stool: Drum Garden Stool in White (1254WT) by Emissary (emissaryusa.com), available through decor-decor.com. Side table paint: Hearty Orange (SW 6622); sherwin-williams.com. Table lamps: custom-made from antique ginger jars, available through Lamp Arts, Inc., Atlanta; lampartsinc.com.
Original Article via Southern Living

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