Create Your Own Retirement Windfall With Commercial Real Estate
By Dave Lindahl Commercial properties offer fast income returns One of the most flawed rules of thumb you may hear is that you’ll only need 50% of your current income to maintain your lifestyle during retirement. When did the future ever become 50% less expensive… is a loaf of bread going to cost half what it does today? Will rents drop by 50%? It’s likely you’re likely going to need MORE money than you’ve planned for. If you want steady income during retirement, but do not want to face the risk and volatility of the stock market, you could pile your life savings into a CD. However, at 1.59% interest, you need about $600,000 saved to get just $12,000 annual interest income – and that only keeps you a hair above the federal poverty level. Thousands of retirees and baby boomers are turning to real estate.
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