Knowing you're going to have enough money to live comfortably in your retirement years is a source of concern for many Australians, but what action are they taking to address the issue?
The latest findings from ING Direct indicate that investment property in Bentleigh East could soon be in line for a popularity surge, as people hope to build a nest egg beyond their superannuation.
Research showed that members of Gen Y expect 13.2 per cent of their retirements saving to come through property investment, which ING Direct's executive director of customers John Arnott believes makes sense in many ways.
Mr Arnott continued: "It all comes down to a fear of the unfamiliar. We don't see or hear about our super every day, so we put our faith in what we know; things like property and savings."
If you're hoping to secure an investment property to boost your retirement income, let Ray White Carnegie's Matt Hurlston guide you through the process. With years of experience in the local market, he could be just what you need to make your investment a success.