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6 WAYS YOUR HOME CAN HELP YOU RETIRE

Can you imagine how it would feel that after years of working and years of hard work, you finally reach an age where it is time for you to rest and that is the time when you retire?

Okay, so for the most of us, retirement is like a nightmare and we often are so scared by just the thought of it that there will be one day where we will told by everyone else, that look, you guys are not worth working anymore and its high time you need to stop working.

Well, jokes apart, what we want to say here is no matter how much we dust away the thought of retirement from our minds, this is a reality that most of us have to see. Practically, there will be a time when all of us have to retire from our work and find solace in something else.

Retirement is a time when we have to begin our second innings and start to live a life full of peace and serenity.

But after our retirement, it is not just our work that ends, but also the pay check that stop coming and we have to deal with that too. Your incomes becomes low but your expenses are just the same. So how are you supposed to deal with such a situation? What could help you now?

The answer is, your house! Yes, we mean it, your house. You house could help you retire by so many ways.

Now we are sure all of you potential going to be retired would be shocked as to how your house can help you make some more money and can help you retire.

No, do not worry, we ain’t going to tell you to sell of your house and live in an isolated barren village.

Okay, so imagine you have a house in Chennai, a pretty big house. And there are so many people looking for rental house in Chennai.

Thinking how this has to relate to you making some more income and helping yourself during retirement?

Well, don’t trouble your brain that much. We are going to simplify all this and put it before you.

So below are 6 ways in which your own house can help you retire peacefully. Go ahead, read,

1-     Look around for free spaces

If you are blessed enough to own a house which has lot of area around it to your name, then you have to be smart enough to use it. What are you going to do with all that place anyway? There are so many people waiting for getting some land to their disposal. Deal with them, and make some money for your future.

2-     Give out on rent

If you have a house which is too big for you and your wife to live in, then go ahead, and do some good deeds. Help a person who wants a place to accommodate himself. Suppose if you live in Chennai, there will be so many people searching for rental house in Chennai. You can give a helping hand to one such person and also earn some money with that.

3-     Try out some farming

This is like the most fun and goo money making way. When you are old and have retired from your work, you are obviously going to feel bored with not having any work. Then why not try some farming on your spare land. Grow vegetable for yourself and sell of the rest. Isn’t it the perfect way to retire?

4-     Run a PG

You can run a PG accommodation at your place. This is beneficial in a lot of ways. You get to be with so many people and you are never bored and tired of life, also, you will be earning a decent amount of money from this.

5-     Clear your mortgage

People always keep their mortgage pending for years and this can cause them some inconvenience to them once they have retired. So you should try to clear up your mortgage as fast as you can so you have the entire house to yourself without any problems.

6-     Sell a portion

Just as so many people might be looking for rental house, some people also search for properties to buy. So if you have an extra area which you can sell off, then do that. The money that you get from that deal can be put in the bank and you will be receiving an interest on that amount every month which will keep helping you every month without fail.

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