TIMELY REASONS TO BUY A Vacation Home
Kiplinger's Personal Finance|September 2020
With remote work on the rise, more people are looking for a permanent getaway.
LISA GERSTNER
TIMELY REASONS TO BUY A Vacation Home

If you’ve been dreaming of buying a cabin in the woods, a cottage on the beach or some other retreat, you have compelling reasons to pull the trigger. As coronavirus cases surge in parts of the country, being able to shelter away from crowded areas has a lot of appeal. To keep employees healthy, some companies continue to allow telework, reducing the need for workers to be near their offices. Why not plugin with a view of the ocean or mountains?

THE POCONO MOUNTAINS COUNTIES: Monroe, Pike and Wayne, Pa. JUNE 2020 MEDIAN LISTING PRICE: $209,050 to $229,550 2019 MEDIAN SALE PRICE: $151,891 to $158,313

You can ski, hike, fish and boat to your heart's content in the Pocono Mountains, which are convenient to New York City and Philadelphia and drew 28 million visitors in 2018. Skiers and snowboarders can choose among more than 185 hills and trails, ranging from bunny slopes to double black diamonds. Or try out other winter activities, such as snow tubing, cross-country skiing and snowmobiling. In warmer months, tee up at any of the region’s many golf courses, which offer a variety of terrains to challenge golfers. To keep the kids happy, take them to play mini-golf or laser tag, drive go-karts, or splash down water slides at one of the area’s family entertainment centers.

This story is from the September 2020 edition of Kiplinger's Personal Finance.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the September 2020 edition of Kiplinger's Personal Finance.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM KIPLINGER'S PERSONAL FINANCEView All
How identity thieves are exploiting your trust
Kiplinger's Personal Finance

How identity thieves are exploiting your trust

Con artists themselves are disguising as well-known brands to steal your money and personal information.

time-read
3 mins  |
February 2024
CUT THE COST OF YOUR WIRELESS BILL
Kiplinger's Personal Finance

CUT THE COST OF YOUR WIRELESS BILL

AT&T, T-Mobile and Verizon dominate the market, but smaller outfits offer similar network coverage at lower prices.

time-read
10 mins  |
February 2024
MAKING HOME ENERGY MORE AFFORDABLE
Kiplinger's Personal Finance

MAKING HOME ENERGY MORE AFFORDABLE

Households in need can get energy-efficiency upgrades, help with utility bills and more from this nonprofit.

time-read
2 mins  |
February 2024
A HEAD START FOR SAVERS
Kiplinger's Personal Finance

A HEAD START FOR SAVERS

The Saver's Credit is designed to help low- and middleincome taxpayers contribute to a retirement account.

time-read
2 mins  |
February 2024
Say I Love You With a Money Date
Kiplinger's Personal Finance

Say I Love You With a Money Date

To nurture a lasting bond with your partner, meet regularly to talk about money.

time-read
2 mins  |
February 2024
Plan for Your Own Elder Care
Kiplinger's Personal Finance

Plan for Your Own Elder Care

AFTER I wrote a series of columns in 2022 about elder care planning for family members, I received a number of responses like this one: “What about married couples who have no children or whose family members don’t live nearby?” wrote one reader. “Or a single individual with no close relatives? How should these people plan for their own elder care?”

time-read
2 mins  |
February 2024
OVERCOME RETIREMENT OBSTACLES
Kiplinger's Personal Finance

OVERCOME RETIREMENT OBSTACLES

Most likely, you'll encounter setbacks on your journey. But with careful planning, you can surmount them.

time-read
10+ mins  |
February 2024
Find the Right Budgeting App
Kiplinger's Personal Finance

Find the Right Budgeting App

Mint is closing up shop. Luckily, you have alternatives.

time-read
4 mins  |
February 2024
How to Use Leftover 529 Funds
Kiplinger's Personal Finance

How to Use Leftover 529 Funds

OR families who want to save for their children’s future higher-education expenses, a 529 collegesavings plan offers alluring tax-advantaged benefits. You can withdraw funds tax-free for qualified educational expenses, such as tuition, room and board, books, and computers.

time-read
2 mins  |
February 2024
Smart Borrowing in an Era of Higher Interest Rates
Kiplinger's Personal Finance

Smart Borrowing in an Era of Higher Interest Rates

There are strategies you can use to lower the cost of new and outstanding debts.

time-read
9 mins  |
February 2024