You are working today but you are to retire some day. Today you are an earner and you can maintain your daily life with your earning easily but when you will retire, you will not be able to earn as much as you are earning now. I think your lifestyle will not change much in that time which you are running now. So you need to maintain near about the same earning. This is the time when you need to think about this problem.Investment is the best way to secure your future. But where to invest! Investment in Stocks or Shares is a bit risky for retired persons. They fear about the risk involved there. So the best solution is to invest in Real Estate. It is the best possible retirement solution.
Retired persons lost their memories soon and it is well known as “Amnesia”. This situation is not helpful for any business. So you need to run a business which can run well without your active involvement. This concept is according to Robert Kiyosaki, author of Rich Dad book series. So according to him earn money without working for it. Real Estate investment is the best way to do it.
Real Estate investment is also a little bit risky. You should choose the right person, agent or farm. Otherwise you may make mistakes or may be cheated. And be sure that you invest that portion of your earnings which is extra from your daily living.
So invest in Real Estate and see how your money starts growing swiftly. And then you will lead a happy retirement life.
1 comment:
If you are planning on getting a mortgage, term life insurance may be a better alternative than the mortgage insurance offered by the lender. Not only is term life usually cheaper, but it allows you to retain control of naming the beneficiary. Talk to your broker about this option.
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