What Would Happen If You Woke Up Tomorrow … Unemployed?
It’s ironic (don’t you think) that the older you get, the more stable your life should be.
Except it’s not.
Your income might be higher, but so are the stakes.
First comes the house with the mortgage.
Then the kids.
And then the car loans, school fees, groceries, clothes, the bigger house or the extension.
Your pay might go up, but your responsibilities go up even more.
And that job you once loved?
Now it’s got you trapped and you can’t escape.
All those loans and the cost of living are making damn sure you’re trapped, sucking up virtually every dollar every month so there’s almost nothing left over.
You’ve become dependent on your income.
And to add in a sprinkle of horror …
What If You Lost Your Job Altogether?
Don’t think I’m being overly dramatic here.
The ABS reports that the age most people intend to retire is 65.5.
But the actual retirement age is actually closer to 57.
Just read that again.
People Are Stopping Work, On Average, 8 Years Earlier Than They Planned.
Of course, some of them retired because they’ve made their money.
But more often than not, people are forced to stop working earlier than they can afford to.
And don’t say it won’t happen to you because … it can. And that nagging voice inside your head is telling as much.
Of course there’s a lot of reasons for this to happen.
One is you might get sick or injure yourself.
This is pretty common especially for manual workers who keep ignoring the growing toll their work has on their body until one day it’s too late and they’re too worn-out to keep going.
It doesn’t have to be you either.
A lot of people are forced out to care for others.
Often a sick partner or child means you can’t work and look after them at the same time, and a hard decision needs to be made.
What Happens If You Get The ‘Tap On The Shoulder’ From HR?
Here’s a scary thought for you.
What happens if you get the ‘tap on the shoulder’ from HR, telling you your job is no longer required?
Or if there’s another round of cut-backs which puts your head on the chopping block.
Or if you’re moved from full-time to part-time … to casual. That’s a sign the end is near too.
And here’s something even scarier.
The government sector is booming. It grew 8.9% in the last 12 months alone. And it only takes a change in government for the slash and burn to begin.
Want more?
Remember there’s always cheap, young labour gunning for your job.
They do as they’re told, work twice the hours you do and are happy to get paid way less just to get their foot in the door.
Here’s another one. What happens if you roll up to work tomorrow and find the gates are locked?
Don’t say it can’t happen to you because companies can go under overnight.
And the first their employees know about it is when management makes a company wide announcement.
Or worse still, you turn up in the morning and the gates are locked with a notice from the liquidator.
It happens all the time. Remember the bloodshed in the building industry over the last 3 years?
And getting a new job gets harder and harder the older you get. And you can almost forget about getting the same pay.
Scared? Stick With Me.
OK, listen.
I’ve painted a pretty grim picture of what could happen to you.
And to get you thinking about what your life would look like if you lost your job for whatever reason, and lost your income.
However I’m coming from the right place.
I don’t want you to end up on the ‘scrap heap’ when you can protect yourself.
And investing in real estate now, while you have your job and a steady income is the ultimate insurance policy.
The Ultimate Insurance Policy
Because think about it.
If you have a house, or better still a portfolio of them then you’ve got options.
You could sell one to give you a big chunk of money to pay off those big expenses hanging over your head.
Or you could sell one or two and pay off the mortgages on the rest, and give yourself a healthy, mortgage-free income by doing this.
What else?
You could keep the lot, and use the income to help you get by while you wait for your superannuation to kick in.
Maybe even use it as income while you get your own solo-project up and running from home.
You might even have enough coming in to simply not need to go back to work at all.
And as your portfolio keeps growing, along with the rental income, your position’s actually going to get stronger and stronger.
Fact is, what you need are choices.
And when you have a portfolio of high growth investment choices, losing your job won’t be the end of everything.
You’ve got the financial fire-power behind you to keep going.
And that’s not as scary as waking up one morning without a job, and without the thousands of dollars you relied on every month.
Let’s Find Out What’s Possible For You,
And How You Can Protect Yourself
You’re invited to spend some time on a Google Meet with one of our Senior Property Wealth Planners to show you what’s possible.
They’ll help determine your ability to protect yourself against the risk of losing your job early by investing in real estate.
They’ll map out an overview of what you should do, and when.
And of course answer any questions you have.
There’s no cost for this either.
We do it in the hopeful expectation that if you decide to invest, you’ll ask us how we can help you.
No obligation, no pressure.
First things first.
Enter your details below, and we’ll contact you to book in a time.