Planning for a Pool: What to Consider (with Ronnie Colvin, MS, CFP®)

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 considerationsThe importance of understanding asset location and allocation when it comes to funding major purchasesThe pros and cons of using home equity versus selling taxable assets to finance a poolStrategies for cash flow and redirecting funds to meet financial goals