Future Retirees Eye South Bay Property for Sale
Restored from the Empower Network archive (2011–2017), lightly edited to meet our current advertising standards. Views are the original author’s.
South Bay Property for Sale
Who doesn’t give a quick second glance when they drive past a South Bay property for sale? Our curiosity seems almost automatic, even when we ourselves don’t have the slightest inclination to move out of our own home.
For more and more people, there’s a new reason for more serious rubbernecking when they pass one of those ‘FOR SALE’ signs. It’s about retirement.
Retirees and South Bay Property for Sale
Boston College’s Center for Retirement Research tells us that Americans’ retirement ages are rising steadily. Gallup has a more significant finding: when current workers expect to retire. At least 40% think their own retirement age will be greater than 65.
That goes along with the underlying concern serious people have about their own income during their golden years. For them, second glances at South Bay property for sale may be completely pragmatic: that property might represent a large chunk of their future retirement income.
One of the reasons to give it serious consideration is the rest of the investment landscape. I’m no financial advisor, but I do listen to my clients’ attitudes and concerns. Although interest rates now seem to be on the upswing, at present their savings accounts are earning no real return — it’s hardly even an investment. In contrast, today’s property values look likely to appreciate over the long run.
South Bay Property for Sale
Then there’s the stock market. After the last few years’ gains, people can hardly be blamed for suspecting the accompanying risk quotient has been growing right along with the returns. On the other hand, an appealing South Bay property for sale just feels like a comparatively secure investment. Properties don’t just disappear!
Evaluating a South Bay property for sale through the prism of its retirement value doesn’t mean it can’t contribute returns long before then. Renting it out on a residential or vacation basis can provide an extra income stream at any time, sometimes with associated tax benefits.
Consulting a trusted financial advisor is the prudent first step when considering the option of South Bay property for sale as an investment. Then I’ll be here to contribute my local expertise — and this summer, we’ve got some terrific prospects to choose from!
Charles Fitzgerald Butler is a Real Estate Professional in Carson, Ca, specializing in First Time Home Buyer Programs, Distressed Sales, REO Residential and Commercial properties. Charles helps homeowners develop a second income stream so they can save their homes from foreclosure. Prudential California Realty – Greater South Bay, South Bay Real Estate, and South bay Realtors.
Charles Fitzgerald Butler can be reached at 310-684-2505 or www.CFButler.com. Prudential California Realty – The Mulhearn Group is an independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are registered service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential. Equal Housing Opportunity.
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