The problem
Did you know that over 90% of Australians retire in financial circumstances that are very different from what they expected after a lifetime of hard work? By 2023 the retirement age will be increased to 67. With the number of retirees set to double by 2047, to over 7 million people, or 25% of the population, all with greater life expectancies, it is unlikely that the government will be able to afford more than the most basic pension allowance.

As things are, the average Australian's super runs out after 4 or 5 years, and they then have to fall back on the age pension as their only means of income. In other words, living off the equialent of the unemployment benefit. Some, in an effort to maintain their living standards try to return to the workforce, only to find that opportunities are few. They are seen as ‘too old’ for anything other than menial jobs. What a demeaning finish awaits so many people. This could well include you.

If you don’t believe this can happen to you, then ask yourself a simple question:

“If I retired today, how much would I need as a lump sum to maintain my current lifestyle?”

If your annual income is, for example, $50,000, you would need $1 million dollars invested at 5% pa. Have you got this amount in savings or super? If not, how will you ever accumulate that amount of money, problems of inflation aside?

The solution
Yes, there is a solution.
 
How would you feel if you were able to retire well before 67? In comfort and security. Free of the worries of money. Able to travel. Free to play golf or go on holidays. All with a level of confidence and independence that others can only dream about?

Yes, it is possible, and hundreds of our clients are on track to this destination.

It means taking a stand. Being determined to not be a victim, being proactive, and taking responsibility for shaping your own destiny. Above all, it requires taking that first step.

Yes it is possible. It’s the way millions of people the world over have secured their futures. It hinges on the proven power of property, which has stood the test of time, and which grows substantially in value over the years and fills the income gap that currently awaits you down the track. Property lets you close that yawning gap with the minimum fuss and bother.

If you would like to learn more and discuss how McCarthy Group can assist you, click here.