On this episode we’re going back to Lake Weirdo! Or more importantly, we’re talking about how NOT to end up living there!
We are taking a break from the real estate talk to discuss how to retire functionally so you can have an incredible life.
Ultimately, the point of real estate is to create passive income and build wealth, so you can retire on your own terms instead of having to rely on government pension in your golden years.
So instead of digging into the nitty gritty of real estate in this episode, we are going to break down what you need to be considering in order to design and achieve the retirement scenario of your dreams.
I also discuss –
3:55 – You can’t rely on the pension
6:28 – Why ¾ of Australians rely on the pension
10:33 – Drop the bullshit economics
14:30 – The silent millionaires
15:47 – You might already be retired
22:05 – 6 different types of retirees
36:34 – How much do you actually need for retirement
43:34 – What’s the point of retiring
47:43 – Are you cut out for retirement
Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions 🙂
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