Yes that is a good point. These low interest rates may appear...

  1. 29 Posts.
    Yes that is a good point. These low interest rates may appear good for those with a mortgage but for those trying to live off income being dervied from a capital base (that they have built over their working lives) its making things very hard.
    This calculator shows you just how much one needs to retire on based certain assumptions...I think this will be a scary conversation for many in the years ahead I am afraid :/

    http://www.financialactuality.com/fiplanner

    Given current rent levels, I agree you would probably want at least 3 or 4 properties all with no debt outstanding..no easy task.
    Last edited by jam321: 01/08/16
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.