baby boomers 2011 onwards, page-5

  1. 1,908 Posts.
    It really depends on each retiring boomers retirement 'strategy'.

    My olds have 3 inv props with little debt owed on them (debt will be gone when they retire in 7 years)

    Upon which time they have no plans to sell them (because they dont want to pay the cap gains tax), but rather live off the rent which provides a continuous flow of inflation adjusted earnings @ approx $1100 per week after prop agency commission currently.

    Then you have that supplemented by superannuation, leaving a comfortable retirement.

    So IMO not all baby boomers are all in the same 'boat' in terms of having to sell rental props as a means to fund retirement.

    Rental income is a great 'income stream' as a hedge against inflation as the prop owners decides how much to charge in view of what the rest of the market is charging etc.

    I'm guessing a lot of boomer's retiring or soon to retire who don't have much super (self-employed people mainly im guessing)will need to sell as they may not have enough investment props to make the rental income stream enough to live off.

 
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