<prompt> Human: Im a home owner but I live in the suburbs and would like to live in the mountains when I retire 20 years off. Id like to build a very small cabin in the meantime, to act as a getaway, but I cant afford to build a proper home on the land for a decade or longer. I wouldnt live there full time until shortly before retirement because the commute for work would be ridiculous. What financialpractical considerations should I take into account before moving forward with this goal? Some personal info.: Credit in the mid-700s, low six-figure income, about 10k in emergency savings and 10k in retirement savings Im getting a late start, no significant debt other than about 60k in student loans, I currently owe 215k on my home and its valued at 300k. Thanks a lot.  <response>: no significant debt 60k in student loans, I currently owe 215k on my homeI dont know what your definition of significant is, but in my opinion 275k of debt meets that criteria... The value of your home doesnt matter too much unless you actually intend to sell it. I would pay down these debts quite a bit and start contributing more to retirement accounts before I even started thinking about taking on new debt. Theres a lot of rural land in this country; it will still be there later. 