Investing for Income and Growth in Retirement

Investing for income and growth in retirement is essential when preparing for retirement or already retired.
I prepared a video: "What income do I need in retirement" where we discussed annual income required for a "modest" and "comfortable" retirement with some good ideas how to set up retirement income sources to reach the modest lifestyle as a secure, lifetime income stream.
Speaking with retirees daily, I know for a fact that the most important factor in creating a retirement income is a need for a predictable and secure monthly income to meet expenses of daily needs.
So what assets should be included in such investment portfolio? A well diversified investment portfolio will include:
1. Defensive Assets,
2. Growth Assets.
What are examples of Defensive assets:
cash - in your bank account in CMA or even internationally,
fixed interest - that could be here in Australia or any other country. Examples are - terms deposits, bonds, mortgages, debentures. They all provide some income (currently - very low), but they do assist with reducing volatility of your overall investment portfolio returns by not being invested in growth assets.
What are examples of Growth Assets:
- Australian Shares - Personally I love shares, I think this is the sexiest part of money investing, but it does require knowledge, research and consistency. But most certainly you can make some great profits.
- International shares - Australia is not just a country, but it is a separate continent, but as big as our land is, our economy is only 2% of the world economy. So if you restrict your investing to Australia alone, you are missing out on some fantastic investments from other courtiers
- Property - you can invest into property directly, and lots of people do that, unfortunately it is very hard to diversify with direct properties - how many can you really buy? But there are many listed and unlisted investments that you could participate in and benefit from great income (this is what the property sector does - provides a pretty reliable income, with some capital growth as well). Again it could be Australian property sector, as well as international.
Videos mentioned:
What Income do I need in Retirement:
• What income do I need ...
Property, Shares or Super:
• #PropertySharesOrSuper...
To download the book 12 PRINCIPLES OF INVESTING:
ebook.aboutretirement.com.au/...
Contact details:
Katherine Isbrandt of About Retirement
Website: aboutretirement.com.au/
Email: [e-mail]
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