That’s my plan. I’ve started investing in multifamily properties. My main requirements is that it must have a positive cash flow - I look to pay the mortgage, taxes and insurance with 50-60% of the rent.
My thought is that if there is inflation rents go up and I earn more. The value may drop slightly in the near term, but long term it should go up. All the while earning me 15-20% return on investment.
I figure this will be my retirement, I don’t have much faith that I’ll get much through SS.
That’s a good plan, and if you’re young and can handle the maintenance yourself, should work: as long as you don’t have complete animals that thrash your stuff!