Investing in real estate in lieu of 401K

Discussion in '401k, IRA and Retirement' started by Corzhens, Aug 15, 2015.

  1. Corzhens

    Corzhens Senior Investor

    May 2015
    Likes Received:
    Since the 401K is not that common here, some employees with fixed income are inventing their own retirement packages. One scheme is the investment in real estate. A good lot can be bought in installment although it involves a downpayment. But employees tend to save money for the downpayment to pursue their dream. When they retire, the lot is theirs and they can build a small house maybe to rent it out. And if they don't have their own house then a duplex will do or an apartment. The rent is intended for their daily expenses.

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