Comfortable RetirementRichard and Maggie were concerned with being close to retirement age still with a sizable mortgage on their own home, with no savings or investments. They had hopes and dreams of buying a business as a vehicle to clear their debts and have a comfortable lifestyle in retirement. “We found the business opportunity that suited our needs but we were concerned that because of our ages, with limited superannuation and equity in our own home, the traditional lenders would not help us." said Richard. "We had a tight timeframe... but we were able to meet the deadline and secure the franchise we wanted." “It’s a dream come true being our own bosses and not only earning a great income from the business and we are now setting up the foundations to buy our first investment property.”
|