How Much Do I Need To Comfortably Retire Calculator (In UK Property!)

www.gladfish.com/howmanyhouses and if you go there I've got this new calculator you can also go to tools in the navigation and then it's got how many houses. I've already put in there okay the average income so this is £15,080 is the average retirement income for someone now. Which is pretty extraordinary. That's what most people survive on the average person survives on in retirement. That's £1,250 per month. £868 is the average rent in the UK, so basically if you took that you know that income that rent and 35% costs take off that rent and assume that you haven't got any mortgages by the time you retire you've paid all your finance off. Well you're going to need 2.22 houses in order to fund that. When I talk about the three plus one plan, actually you know that's not so bad. I think this is you know it's really interesting if you do that. Now you can go on there and  you can put in whatever figure you want. For instance if we go over here I put in £45,000 you know which is £3,750 and the average rent I've lifted up a bit which is £1,200 okay 35% costs 4.8 properties.  If you from now yeah said right my target is to get five properties by the time I retire all paid off. The way we do it is we actually build that portfolio up over time, fully managed all that sort of stuff done for you. We might build ten houses with mortgages and then when it comes to retire if you want most people don't most people keep the finance or as long as they can and let inflation pay it off we then pay off half and then that half pays off the other half you've got five properties. And that is your retirement fund looked after. There's huge opportunities out there and as long as you're not you know the news is there to have the headlines and you know unfortunately  a lot of the majority of the negative headlines unfortunately. I think the real key is knowing how it affects your portfolio. How has it affected your career? Things like disruption all that and when you work all that out actually you might find that now there's no better time to invest than now. The rates are insane you know i mean we're talking you know i've got some clients who are talking about 1.9 you know which is just extraordinary. The cash flow on that is so cheap and they're able to lock that in for two to five years. So guys that's it for this week any questions you've got you can call the team you can email the team and more than you know we're more than happy to answer it more than happy to give you you know our two cents and predictions and where we think things are going and how your strategy can work or not work and you know all that sort of stuff you know we're here to sort of help you guys but um look thank you very much