Is Real Estate Ever A Wise Investment For Retirees?

[renatusus]

Making money in real estate is no easier than it is in the stock market. It requires a lot of work, patience, and in some cases a lot of luck.
just want to ask a question about future planing .

Is Real Estate Ever A Wise Investment For Retirees?
please contribute with solid answers.
Thanks:bike:

 

[Ryan M]

Real is good for retirees mainly because it guarantees passive income.Retirees can use services of property managers and do not need to do all the work themselves if they own rentals.

stock market also relies on what you call 'luck'.I am not advocating one over the other, may be a wise investment in both real estate and stock is better.

 

[Ron0]

Yes,real estate can be wise investment for retirees.....

 

[bruynjustin]

I think real estate can be a good investment. If you want to use real estate to build a permanent source of retirement income, you need to be patient and systematic as you build a portfolio of income producing properties, not just a single rental or two.

 

[loribarnaby]

It takes knowledge, skill, intuition and guts to invest in real estate. If you have these things, and you use it right than I think real estate can be a great investment for anyone.