The aged pension is currently the primary source of income for the majority of retired people in Australia. Almost 78% of people aged 65 years rely on a government pension, while around 8% relied on superannuation. Property investments were the primary source of income for 12% of people aged 65 years and over and not in the workforce.
What will YOU do to support yourself?
Whilst many own their principal place of residence, many of our older households are cash poor. The latest Australian census shows that six out of ten of our older residents live on less than $400 per week. Close to a third live on less than $250 per week. Sadly, one-quarter have no personal income, with 45% largely relying on a government pension or allowance. A further 25% rely on their investments, including superannuation.
What is the Real Solution? We have to create our Own Wealth!
Benefits of Owning an Investment Property:
• Steady and increasing rental income from tenants
• Increased capital value in the property
• Security of ownership and long term gains
• A growing asset base for retirement and inheritance benefits for family members
• Easier to understand than technical share analysis
• Tangibility of the asset
• Complete control over asset unlike a share investor
• Potential to add value through either improvement or future development
• High Gearing/Leverage the ability to access large assets with minimal cash outlay
• Lower volatility relative to other investments
• Fantastic tax benefits on the depreciation of the physical house
Learn how to support yourself and create your own wealth during retirement from Mark Rolton and the Massland Team. Mark is Australia’s leading expert on creating cash flow using real estate. He teaches thousands of people every year how to create more wealth in their lives for themselves and their families. Let Mark show you how to enjoy your golden years by utilising his experience at sourcing lucrative investment properties in growing hot spots.
Learn how to support yourself and create your own wealth during retirement from Mark Rolton and the
Massland's Property Options . Mark can show you how to enjoy your golden years! Utilise Mark's experience at sourcing lucrative investment properties in growing hot spots with Real Estate Superannuation.
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