Planning for a Pool: What to Consider (with Ronnie Colvin, MS, CFP®)
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Planning for a Pool: What to Consider (with Ronnie Colvin, MS, CFP®)
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About this listen
Join us as we focus on the question a lot of doctors face at some point in their lives: "Can I afford to install a pool in my backyard?"
We explore real-life cases from the past summer, discussing different factors that influence this decision beyond just the initial cost. Some highlights from the episode:
The hidden costs of pool ownership, including maintenance and safety considerations
The importance of understanding asset location and allocation when it comes to funding major purchases
The pros and cons of using home equity versus selling taxable assets to finance a pool
Strategies for cash flow and redirecting funds to meet financial goals
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.