As mentioned in Episode 20 | Science of Asset Selection – The Buyer’s Decision Quadrant, here’s the article that Bryce wrote on Money Magazine: Earn $2500 A Week at Retirement in March 2013.
Here’s a snippet of the article:
How often have you found yourself picturing a retirement where you’re enjoying regular overseas holidays, spending your spare time with your grandkids and leisurely filling up your days doing all the things you love? We all have but we’re brought down to earth quickly by reports suggesting there won’t be enough money for a comfortable retirement. Perhaps even worse, some of us will have to work much longer than planned.
So the idea of creating a $2500-a-week passive income for a life in retirement free of debt ($130,000pa in today’s money) could be thought a stretch of the imagination. This would put you in the highest bracket of retirement earnings in the country and, according to the latest census (2011), would provide you with more than double the average total household income of $63,960.
The goal is achievable
Nevertheless, after looking at three typical households – a late-20s single, a mid-30s couple with two young children and a mid-40s couple with two teenagers – that have never invested in property, and carefully considering if it’s possible to achieve this passive income of $2500 a week, it’s exciting to know it can be done with low to moderate risk and potentially minimal impact on their current standard of living.
The big question is, how?
Click on the image to Download the article.