It used to be that you could work for a company for 45 years, and retire with a pension to meet your needs, and a gold watch to match.
Nowadays, there is no such thing as job security, and and any pension or government funded retirement plans are likely not enough to keep you living the lifestyle you’ve become accustomed to.
During the typical working career, you go to your job and are paid for the work you do, or the time you put in.
If you go to work and do your job, you get paid. You are living off of the income you produce.
When you retire, you no longer go to work everyday to produce income – you now need to live off the income (or cashflow) your assets produce.
If you want to have a retirement income of $100,000 a year, and your investments generated a 10% rate of return, you would need to have $1,000,000 in assets. The more assets you own, the greater your potential retirement income.
Do you have a plan that will leave you with seven figures in assets by the time you want to stop working ? Call me at 519 570 4447 for a free consultation, and I’ll work with you to develop a plan that will allow you to reach your dreams.
Benjamin Bach is passionate about helping people build wealth for an abundant retirement. He works with investors from across North America, helping them Retire Rich, and earlier than they thought possible!
Call or email Kitchener Waterloo’s Favourite Real Estate Agent (Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008) today to learn how you can start your Real Estate Investment portfolio.
Benjamin is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo and would love to answer any questions about buying or selling a rental, income or investment property.
You can reach Benjamin at benjamin(AT)benjaminbach.com or call him at 519 570 4447