Bernard Kelly is a Geelong based serial entrepreneur, with an international audience. Now in his mid 70s, his goal is to maintain his zest for living – by sharing his knowledge about the future.
When he became a real estate agent in 2000, he specialised in investment properties. His goal was to provide clients with something extra for their retirement – in addition to whatever meagre superannuation that they were likely to end up with.
But he found that there were many sales prospects who couldn’t – for various reasons – establish a property portfolio.
So, he developed a solution to their dilemma – create a side gig.
Ahead of his time, his research showed that the community’s longevity was increasing rapidly. Fast forward to today, and you’ll discover that for a male aged 65, the probability that his “estate event” will occur at age 92, and rising. For a woman (same age) it’s age 94, and rising. Which means that half of us will be living well into our 90s.
This is a totally unexpected outcome. Which leads to the question – how can any household continue to generate an income as we age?
Continue reading “Hobby2Income.”
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