Real Estate Investor Magazine September 2024 Edition | Page 93

INCOME STRATEGIES
The Path to Financial Independence
Achieving financial independence in South Africa requires strategic planning . Relying on luck , such as winning the lottery , is not a viable solution . Instead , individuals need to focus on disciplined financial planning and a decision to actively invest . To retire with a monthly income of R25,000 , one would need R6.5 million in investments . Alternatively , investing in real estate , such as owning five flats , could generate R30,000 per month .
Becoming a Real Estate Investorct
One of the solutions for the above retirement dilemma so many faces , is to make the decision to become a Real Estate Investor . We at Wealth Assist focus on assisting investors to achieve their goals and make sure our clients have actual property options to consider as part of their real estate portfolio . We believe in direct real estate ownership , because without ownership one will only have a well-structured plan in place .

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