Planning Your Retirement in Queensland
There are many people who only consider their retirement plans when it is too late. The older you become the more you have to save which can provide you with a suitable income once you reach retirement age. It is safe to say the sooner you start preparing for your retirement, the more chance you have of a comfortable life later on.
Property is still the number one choice for investments because they can provide the largest returns, and the longer you can invest in property the better. You will find that many of the current locations are over-saturated with investors and it may not be possible for you to find either a location or a property which is suitable (or priced within your budget).
The FHA Advantage
First Home Australia has already helped many people take their first steps towards planning for their retirement and you too can take advantage of this now. We have 1000s of house and land packages in many locations, these currently being:
- North Brisbane
- Brisbane Bay Area
- South Brisbane
- The Gold Coast
- The Sunshine Coast
Yes, we have many locations available which are in prime locations. As the country’s population continues to grow, development has to venture further inland, and as you can see, we are already situated in these highly desirable locations.
Grants and Incentives Vs Savings Account.
If someone was to offer you nearly $40,000 towards your retirement fund, you would probably snatch it up quickly, yet even with this amount of money sat in a savings account, the return over the years is slow to mount up.
When you compare the return on property investments to savings, they are generally much higher than what you can achieve from a savings account.
Once you have purchased your new home with the grants and incentives that are available, you have two options. You can either choose to live in the property for the long-term and benefit from low cost living in an area which has yet to boom, or you can live in your first home for 6 months (government grant requirement), and then have this to provide a secondary income while you are free to live in another location.
Now is the best time to start planning for your retirement and the friendly experts are always available to help you achieve this quickly and efficiently, so, if you are a first home buyer who is thinking of your future now, we look forward to hearing from you.
Image Source: britz.com.au