Jochen Siepmann, author of the best-selling book ‘The Property Apprentice: How to Learn While You Earn’ shares the secret most entrepreneurs missed during their lifetime in an article with The London Business Journal, a business publication that is focused not solely on big financial institutions but includes small and medium size businesses, too.
Jochen reveals that most entrepreneurs, in their desire to build their business, forgot to build a comfortable retirement plan that will sustain their desired lifestyle.
Siepmann shatters the myth of the usual mindset on retirement as dictated by our ‘system’, that is – get a job, save a few million, and then retire.
According to Jochen, the secret to ensuring a comfortable retirement is to create steady streams of passive income – a kind of income that flows in month after month automatically. A great example of that passive income is through the rental property, which is the focus of his book, ‘The Property Apprentice’.
In his powerful book, Jochen shares the basics on how you can start building up a passive income even if you have not done it before and have only a small starting capital available.
Get more great retirement tips by reading the article HERE.
The London Business Journal is a no-nonsense and down to earth business publication catering primarily to businesses in and around the UK’s most economically vibrant city – London.
A great read on a retirement planning! Kudos, Jochen!