It is a very big commitment, but that's only because it is such a rewarding process. Honestly, you need to be in a highly secure and flexible financial situation to own a dog, especially in retirement when your time is your own.
It's not only your finances you need to be flexible with, but also your time and effort to work around your schedule to fit your pet. You've worked hard for a long time, and now you want to enjoy the fruits of your labour. I really do think a dog could get in the way, but it all depends on whether you're willing to make those sacrifices.
And for the record, I love a Jack Russell!
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