Can you retire on one investment property?

Investing in real estate is a proven wealth creation strategy favoured by mum and dad investors across the country. But how many properties does the average Australian really need to own, in order to retire in financial comfort?

We canvassed the experts and did the calculations to determine the possibility of retiring from the workforce with just one investment property to support you financially. What we discovered is that this could be entirely possible – and it’s not too difficult for the average Australian to achieve.

“In general, people need around two-thirds of their pre-retirement income after they retire, to maintain the same standard of living they're used to. With an investment property that pays free and clear rental income of $600 or so per week, combined with a modest superannuation drawdown, this could be readily achieved,” says Sarah Megginson editor of Your Investment Property. 

The feature story runs through a number of scenarios, calculated with various numbers of properties, varying property values, and different yields and returns, to help investors work out what they should aim for in their property portfolio, in order to comfortably retire.

·        -  The four steps you must take to generate an income in retirement

·        -  How to set realistic expectations

·        -  Common property investing misconceptions 

·          -  How to earn passive income through property investing.

“When you have a clear view of where you’re at and where you need to be by the time you hit retirement age, the next step is to figure out what you need to do to make that kind of income happen,” Megginson adds. 

“Most property investors lack an overall strategy, which is why this issue, we also offer a step-by-step guide to help you create a clear and personalised strategy that will help you move towards your property goals.”

Elsewhere in this issue of Your Investment Property, we investigate the potential profit upsides of allowing pets into your investment property, and profile an investor who has managed to build a profitable portfolio whilst also raising a family.

The complete guide on how to retire comfortably with as little as one investment property is available in the new issue of Your Investment Property magazine, on sale from 6 June at leading newsagents and Coles supermarkets nationwide. 

To arrange an interview with editor Sarah Megginson about this retirement guide or any other feature stories in this issue, please email karen.uytiepo@keymedia.com or call (07) 2102 1194 ext 734.

-ENDS-

Your Investment Property is the intelligent property owner’s choice when it comes to learning about Australia’s $6.9 trillion property market.

Your Investment Property provides you with the most complete set of property data, independent commentary and thoroughly-researched articles about all aspects of investing in property in Australia and abroad.

Every issue features in-depth analysis of the market trends that affect your investment. Practical tips and advice on how to manage and finance your investments are also featured regularly to help you make the best decisions.

Your Investment Property carries the most comprehensive data section of any Australian property magazine, with extensive and exclusive data about every suburb in Australia to help you decide where to put your money.

You also get independent expert advice on the best investment strategies for you as well as market analysis from Australia’s most trusted and experienced property experts. Plus, every month Your Investment Property carries exclusive information about Australia’s up-and-coming property hot spots; real-life success stories of ordinary, hardworking Australians who have achieved financial independence through property; and the latest and most practical legal, tax and financial advice to help you invest safely.

Published by the international media group Key Media, the question isn’t whether you need Your Investment Property magazine – it’s whether you can risk investing in property without it!