Why three residential properties probably won’t fund your retirement
Three debt-free investment properties worth $2 million may look retirement-ready but rental yield alone could leave a major income shortfall.
Residential property can create significant wealth, but retirement planning depends on converting assets into reliable income. (Image source: PeopleImages/Shutterstock.com)
For many property investors, the idea of holding a three-property portfolio with a combined value of $2 million by your mid-40s is a solid base for retirement.
You’ve stuck to your strategy, bought your first investment property in your mid-30s, added a second, then a third.
The homes all have good fundamentals – good locations, quality tenants and are achieving solid capital growth, but when you sit down to map out what retirement looks like, …
