Are investment properties good for retirement?

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I have 4 properties and the reason I got them is because I felt that my savings rate will be close to nonexistent with raising kids.

Hopefully these properties are investments that will pay for themselves as mortgage gets paid down. Worst case, I’m 60 years old with 4 paid off properties.

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Wondering those of you that have held onto them for a long time - was it worth it? In hindsight do you think it would have been better to invest the money elsewhere?

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There’s plenty of examples of people who bought rental properties and now live off the income from them. Whether it was “worth it” is very arbitrary, especially at a time like this when rates are high and values haven’t come down.

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I’m just making an assumption but there may be bias towards earlier career professionals here. That being said, I have a couple of rentals and plan on doing what you state above. I’ve only had mine for 8 years. Its going to be more work than stocks but I feel that I at least have some tangible asset. If I ever have kids and if they go to college I plan on pulling out equity to fund that. I only worry about if there will be no more renters. Then I will be stuck holding the bag.

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This ^

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F

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