PROPERTY INVESTMENT > Financial Structures/Safety
Financial Structures/Safety
If you want to create wealth, you have to adjust to the fact you have to borrow money. Very few people earn enough income and have sufficient surplus to save for their retirement.
How much can you save per week? $50? $100? Or maybe even $200?
Using $200 savings per week, you will put away $10,000 per annum. This is a nice round sum and most people would love to have this much extra each year.
But is this enough for you to retire on?
It now takes more that $1.5 million of fully paid-for investment as well as well as a fully-paid-for home you can retire in comfort.
Simply, if your investment returns 4-6%, your gross income would range between $60,000-$90,000 on $1.5 million of investment. Once you take out tax and other costs from this income, you would end up with an income between $40,000-$60,000 per annum. A nice amount but not rich. So, of you want to be truly wealthy, you would need even more that $1.5 million worth of fully-paid investment.
Are you on track to have your home fully paid off as well as owning $1.5 million of fully paid investment before your retire?
Unfortunately for 96% of Australians the answer is NO!
If you want to create wealth, you have to borrow money. If you have to borrow money, you have to have a plan as to how you will repay the loans. At AIG, we specialise in structuring our client’s finances in such a way that you can:
Repay your current home loan faster,
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Repay your investment loans as the fastest possible rate,
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Utilise the taxation system to help you make your repayments.
We can show you how you can keep making your loan repayments even if you lose your job.
We can make you safer the day after you invest than the day before.
If you know that you can borrow money and repay the money at all times, then you know you are completely safe.
To speak with a member of our team, please telephone 1300 30 10 10 or 03 9530 2666, or alternatively, you may wish to register your interest here.
