Retiring on Real Estate
I have recently been looking at a variety of articles on retiring, and apparently there are a large number of people who end up falling prey to some sort of illness, job loss, stock loss or other retirement setback that causes them to need to catch up their savings plan or put off retirement later.
Some common retirement loss reasons are:
- About
1 in 5 lost their jobs during a 10-year study period from 1992 to 2002.
Among married couples, nearly one in three experienced job loss.
- Forty-one percent of those studied were diagnosed with a major medical condition such as heart problems, diabetes or cancer.
- Thirty-four percent experienced health-related limitations on their ability to work.
- Eight percent were widowed, 7% experienced a severe disability and 4% divorced.
Luckily, you are one of the few people who can actually keep their investments going, even in the face of potential disastor, if you are a real estate investor.
Real estate investors have great promise in that there are always people needing a home, even in tight times. And, when your own money is running dry, a rental property will continue to perform as long as there is a tenant in place.
Real estate is a smart retirement investment, especially if your income is not completely secure and you forsee an event like this happening before retirement age.
Relevant Tags: home selling, real estate, real estate investor, rental property, smart retirement investment, tenants



