Retirement Investing
Build A Comfortable Retirement Income Through Property Investment
If you’re like most Australians, thinking and planning for your retirement is usually not a high priority while you’re still relatively young and working full time.
The common assumption is that your Super, other savings or investments and the pension will provide the financial income for your retirement.
But have you considered that perhaps, your savings, pension or Super may not be enough to meet all of your living expenses and provide you with a comfortable and financially independent lifestyle in retirement?
With an uncertain global economy, a growing senior population and the rising cost of living, relying on your Super, age pension or savings may not afford you the comfortable and financially independent lifestyle you would like.
But with the right advice and a smart property investment strategy, you can create an alternative income stream for your retirement.
Property investment for a financially secure and comfortable retirement
Property investment continues to be one of the most consistent and effective ways of building wealth.
The steady, long term growth in the value of residential properties means that in terms of return on investment, property performs better than shares, bonds, cash or fixed term investments.
Investing in property offers several key benefits that make it a very attractive option for the average person:
- Low risk – Property investment is less volatile than other forms of investment and represents a solid bricks and mortar asset that most people find easy to understand.
- Predictable long term capital growth – A sound property investment should see a steady increase in the value of your property over a period of time.
- Excellent tax benefits – You can claim a number of tax deductions on your investment property such as repairs and maintenance costs, rates and taxes, insurance, agent’s fees, interest paid on the loan, building depreciation and negative gearing.
- Regular rental income – Leasing your investment property ensures you receive a regular rental income that can help pay off your mortgage.
- Create a positive asset base – With a solid record of loan repayments for your investment property; you can use the property as security for taking out further loans to purchase more assets.
With the right advice, you can make property investment work for you. At Monopoly Finance & Property we have the expertise in finding high growth properties with the right type of finance to suit your personal circumstances.
If you want to enjoy a comfortable and financially independent lifestyle in retirement, contact Monopoly Finance & Property for your free no obligation consultation on to find out how property investing for retirement can work for you.