How Did You Know? Boost Your Investment Opportunity. It Has Staying Power.
This Opportunity Ain’t No Crystal Ball.
One More Trend for You to Take Advantage Of Aging. I usually don’t post blogs two days in a row. However, based on the following information. I felt a need.
In my blog post from yesterday, How a Trend on Aging is Your Ticket to Investment Real Estate Wealth, I discussed three Google Trends on Aging in 2021.
These 2021 Google Trends on Aging were:
- Average Social Security Cheque at age 62. Up 2000%
- Covid survival rate by age group? Up 1450%
- What age could I retire with full benefits? Up 950%
One More Trend for You to Take Advantage Of Aging
St. Louis Fed Study Feeds the Trends
In addition, I didn’t need a crystal ball to confirm the St. Louis Fed Study below.
Another labor-force dampening U.S. trend is rising rates of early retirement. A St. Louis Fed study concluded that “slightly over 2.4 million excess retirements” during the pandemic (through August 2021) accounted for more than half of the ‘lost’ labor force.
Covid Scare for Boomers Fuels Gen X, Y, and Z Investment Real Estate Opportunity
For instance, in my blog yesterday, I talked about the Covid Scare and the Opportunity for you as Gen X, Y, and Z. The St. Louis Fed Study confirms this Covid scare among Boomers.
Above all, did you get on the phone or online and reach out to your lender as I suggested?
One More Trend for You to Take Advantage Of Aging
According to the Conference Board of Canada, the average person living during the Roman Empire might have expected to live 25 years. At the turn of the 20th century, an individual’s life expectancy was 50 years. In 2009, the estimated average life expectancy in Canada and its peer countries was 81 years (conferenceboard.ca/HCP/Details/Health/life-expectancy.aspx)
From Extraordinary to Ordinary
Therefore, based on simple math calculations, we could see an average life expectancy of 95 years by 2050.
Above all, let me repeat this, “The Average Life Expectancy of 95 by 2050.”
If you can live to 95 years of age by the year 2050, don’t you think by 2060, the average age of life expectancy will continue to notch up.
Not The Dead Pool, The Rental Pool
One More Trend for You to Take Advantage Of Aging
Folks, many Boomers will live into their mid-nineties. In addition, as I mentioned, they will need a place to rent and live.
In conclusion, are you ready to help?
Have you thought about your life expectancy?
We all know our governments won’t be ready to fund your longevity.
You have an opportunity to create a revenue source as you continue to age; don’t let it pass you “buy.”
If you are ready to help and find the information on trends helpful, please purchase my book, 31 Days to Purchasing and Renting Your First Investment Real Estate Property, and see how it can help you.
And if you are a podcast listener, enjoy my recent guest podcast episode on the R.E.I. Branded Podcast Show Ready, Set, Goal – Real Estate Investing the Right Way with W. Rick Harris