Sunday, 18 October 2015

Do you know how much money you will need in retirement?

Do you know how much money you will need in retirement?

Too far away to worry about… think again!

The experts say that you will need about $1M to provide a reasonable lifestyle.

If you are not on track to having that or more then you need to start think about what you can do…


Depending on how far away from retirement you are you might consider buying a property overseas.

A modest amount of money can have you living like a KING overseas.
Australian property is expensive… but overseas you can buy a mansion for a fraction of the cost for a similar house in Australia.

In Bali for example you could buy a one or two bedroom Villa with a pool for $250,000 - $300,000 or a 3 or 4 bedroom 2 storey mansion for $400,000 - $500,000 in popular family holiday location (NOT Kuta) that would rent in Airbnb for about $USD150 per day per room.
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Existing properties in these locations are getting between 75 – 90% occupancy.

So that is a return on your investment of around the 20% per annum.

You could rent it out all year and live off the income…

Or rent it for part of the year and live in it for some part of the year.

The cost of living in Bali is so low that we have friends that live there and pay to fly their family over once a month.  It is still cheaper doing that than living in retirement in Australia.

So how do you do it? Give us a call and we can explain how... or request a brochure.

If you have any interest in talking about this or other property related retirement strategies, feel free to give us a call…

As they say in Bali “FREE TO LOOK”