Retirement Plus: Use Rents to Supplement Your Retirement - MFI Series1, #184

Wouldn't it be nice to have an extra $2, 000 to $3, 000 a month during retirement? You wouldn't live on a fixed income, and you could reinvest the extra money every month. How do wealthy people have so much money without working every day? The answer is that they invest in income-producing assets, in this case, real estate. Rental income will increase with inflation and housing costs, giving you great flexibility during retirement. These "pay raises" will ensure your retirement keeps up with the cost of living in your area.
Rental income is an excellent supplement to your retirement; however, you need to prepare now to leverage it in the future.