Ben Kingsley - The Armchair Guide to Property Investing: How to Retire on $2,000 a Week

Ben Kingsley, Bryce Holdaway & Empower Wealth Education 2016

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ISBN: 9781925281347 (eBook)

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Disclaimer: The material in this publication is of the nature of general comment only, and does not represent professional advice. It is not intended to provide specific guidance for particular circumstances and it should not be relied on as the basis for any decision to take action or not take action on any matter which it covers. Readers should obtain professional advice where appropriate, before making any such decision. To maximum extent permitted by law, the authors and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based upon the information in this publication.

We would like to thank Annie Reid from Atrium Media (www.atrium.media) for her patience, guidance and overall support throughout the writing of the manuscript.

We would also like to acknowledge all those professionals who have come before us, who have been generous of their time in sharing their own knowledge and experience to allow us to continue our work and crusade in helping others with their property, finance and wealth creation.

Dedications

To my mum and dad who showed me the world, taught me the benefits of hard work and who gave me a wonderful moral compass and desire for helping others To my wife, Jane, who supports me unconditionally and allows me the time to follow my passions, whilst being the best mother ever to our two beautiful boys Jack and Harry.

I love you all,

BEN

To my wonderful parents, Graham and Christine, thank you for instilling in me a sense of the importance of family, hard work and empathy for others, while offering me opportunities in life that you both worked so hard to afford me.

To my sister, Lisa, thanks for being my constant best friend and for your never-ending encouragement on the end of the phone, no matter whether Im up or down.

To my beautiful wife Andrea, thank you for selflessly encouraging me to chase my ambition and to experience the road less travelled, while offering unconditional nurturing and mentoring to our amazing boys, Jack and Samuel.

BRYCE

To Michael Pope and Michael Savy. Your knowledge and experience is also spread throughout these pages. Its an absolute privilege to have you both as our business partners and of great comfort to know that we are able to draw on your wisdom when called upon.

To the Empower Wealth team. Quite simply, without your commitment and dedication we could not help the number of people that we do. You are a credit to yourselves and we are blessed to be able to work alongside you all.

BEN & BRYCE

CONTENTS

Do you often find yourself daydreaming about how great life would be if you had enough money to do what you wanted to do? Where you wouldnt have to worry about what was in the bank and whether it would be enough for now and for your future needs? And, finally, you didnt have to actively go to work anymore to generate an income?

Have you ever allowed yourself to dream of having free time to take those regular overseas holidays each year, spend more time connecting with family and friends, or being in a financial position to give your kids the best education and learning opportunities? Or what about being able to afford the best health care if things dont go as planned, pursuing your hobbies with passion and time, or simply spending your retirement without a worry in the world?

Taking that concept a little further, imagine having $2,000 a week to spend for life! And guess what the kicker is that it should only require an investment of 10 hours of your time per property per year. Thats right; per year, a little over a full days work to manage each property within your property portfolio that can generate a passive income for that lifestyle youve always wanted.

Youll be able to sleep at night, rest easy and be safe in the knowledge that you can enjoy what youve worked for over your whole life. Lets put it another way in todays money $2,000 a week is the equivalent of living off $104,000 each year, which would also put you in one of the highest brackets of retirement earnings in the country.

Sounds fantastic, doesnt it?

However, the Australian landscape currently paints a very different story of how our wealth is shaping up. Each year, more and more reports are released suggesting very few of us will have enough savings, superannuation and investments to comfortably retire on. Many will be forced to work longer in order to fund their retirement. Its really concerning and a fairly bleak picture, which is capitalised on by all forms of advertisements keen to get you to start acting more now in order to do less in the future.