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Yeah I know a few. Some have their cash mainly in shares, some in private businesses and some in commercial property. can't think of any that are getting majority of their income from resi property, why settle for 3-4% net returns when income is the goal

Interesting, a fee people I know of retirement age are of the opposite mindset. During working years high capital creating investments are focused on that are often low yielding but in retirement they switch to higher yield investments. Who wants a 3% yield? Waste of capital in retirement imo