06-18-2018, 11:19 PM
In our office, most of those who had retired have their retirement money put into real estate, mostly empty lots. The plan is to build a house that they can rent out. When they need the money, they can sell the lot. But we are hesitant to do that because thinking of the need for cash, it is not easy to sell the lot. Our plan is to put the retirement money into real estate but only half of it and the other half is to be deposited in the bank. When the need for cash arises, we will not have a problem. There's the suggestion of investing in cars that can be rented out but it's out of our agenda.