Do you want to have to work until you are 80?
Probably not.
But the way that things are looking, it could be a probability.
That is unless you start preparing for your retirement now. It is never too early. Even if you are not due to retire for 40 years you should be thinking about how to safeguard your financial future.
The reality is, Kiwisaver contributions and a pension are not going to let you live the life you want to (or the one you have become accustomed to).
So, what can you do about it?
Property investing could be just the answer you are looking for. Don’t worry if you have no idea about the property market. You don’t need millions in the bank or an on the beat financial knowledge.
That is what Ron Hoy Fong and the team at Ronovationz provide. The guidance and support to build a property portfolio that will see you retiring in style.
How Much Does Retirement Cost?
Many people nearing retirement will be earning around $100k a year from their salary (and busy with no time to spend it). They will have built a life, a set of hobbies, and potentially a love of the finer things.
But what happens when they finally retire and no longer have that salary coming in every month? They will have to rely on their pension and any savings. Now having lots of time available to spend it.
Yet, they will still want to live that $100k lifestyle. In order to do that, they will need to have $2 million stashed away – $100k a year for the next 20 years of their retirement.
I dunno about you, but I sure don’t have $2 million sitting around gathering dust!
So, what can you do about it?
Before people realise they should have put more away for their retirement, it is too late. However, not all hope is lost. It might be too late to save, but it is not too late to generate an income that will let you secure your financial future.
Safeguarding Your Financial Future
Property investment is a solid and profitable way to safeguard your retirement. And the great thing is that you can usually use the equity in your current property to do it. Because property investment is an accumulative strategy, the sooner you start, the better the return.
But how can you ensure you are making a sound investment?
The best way is to take the advice of someone that has done it before. Ron has built his own $25 million plus property portfolio. And through seminars, workshops and coaching programmes, he teaches everyday people how to build their own property portfolios.
Ron has a passion for helping people. The first step is to get people into their own home, then once that step is taken, the sky is the limit for investing. A lifetime of experience and knowledge has taught him many lessons about the property market.
A born and bred 3rdgeneration Aucklander, he believes massive investment opportunity lies within this very city. In fact, within the next 20-30 years, it is projected that 60% of the country’s population will be living in Auckland. That stat alone means opportunity. There will always be a supply and demand aspect when it comes to Auckland.
How Team Ronovationz Help Protect Your Future
Let’s face it, everyone wants an investment property, but most believe it is too hard to attain. The thing is, it isn’t that hard. If you have the right support and advice of course.
Team Ronovationz has been established purely to help people succeed.
For that reason, they have a team of coaches that have their own established property portfolios. The coaches will handhold each and every one of their students throughout the investment process. That includes personally visiting every property a student is interested in. They will check to see if it is a good investment (or not), what price it could be bought for, how value could be added, will it make money from day one, and whether it will generate long term gain.
On top of that, the team will help negotiate a great deal, advise on style and renovations, as well as manage the renovations process. The property coaches make recommendations every step of the way, but the final decisions always remain with the student investors.
Are you interested in property investing? Then the best thing for you to do is to give Ron or the coaches a call. They will be able to tell you straight off if there are any opportunities available for you. Often, all you need to get started is a decent job!
Supercharge Your Business Finances
Now that we have those personal finances sorted, it is time to look at your business finances. Often, in order to achieve business growth, you need to have a solid marketing strategy in place.
Don’t have one? Don’t panic! Here at Big Rock Communications, we can help you map out your marketing strategy for the next 12 months in just one 30min phone call. Book a convenient time to talk today.