Invest in Income-Generating Real Estate
Another method to secure money for your retirement period is to invest in income-generating real estate. The secret is to buy and finance it thoughtfully, recommends Todd Tresidder, a financial coach and founder of Financial Mentor.
Follow the example of Tresidder, who was first a casino dealer and worked the graveyard shift to earn money to pay his bills. He started buying and renovating homes to grow equity and managed to retire in his early 50s with five rental homes and over $5,000 per month in passive income. Not bad, is it?
