A huge proportion of pensioners receive the majority of their income from state funded pensions. With the official retirement age rising and with the amount we are likely to receive as we get older looking increasingly uncertain, whilst many of today’s pensioners live below the official poverty line due to the low pensions offered, in years to come this is likely to only get worse.
Therefore, the majority of people today will have to work far longer than ever before, and the chances are also high that pensions will one day seem almost worthless.
Very few pensioners receive any significant income from savings, and therefore it is often best to make money for your future at the time you are making the most money. By making sensible investments (for example a property investment) at a time when you have disposable income, you are far more likely to have a comfortable retirement.
With the majority of people having little expendable income as youngsters and then having a family to care for and pay for when they do finally have a good source of income, many people are now waiting until their retirement to truly do the things they have always wanted to do. We are healthier and happier than ever at a much older age, and therefore the years of one’s retirement can be the best years of one’s life. So long as they can afford to do the things they want to do, that is.
The best ways to invest in your future will be different at different times. Currently, property investment is one of the best and safest alternatives to a pension as you do not have to look at long-term investments to create a good sum of profit to go towards your future.
The benefit of investment property is that you can invest for as long or as short a time as you like, and with population ever-increasing, property is one commodity we will never have too much of, making property investment a safe and very profitable way to prepare for what could otherwise be a very uncertain future.
For more information visit www.seriouslygoodproperty.co.uk/Florida-Resale.aspx