Mid 50's: Too old to start investing in property?

[Terry Power]

G'day from downunder,

Okay, so i'm 55...      There, i said it. 

I've worked for myself pretty much ever since i left school, i'm now a management consultant and keynote speaker in Western Australia, and for the past couple of decades i've run a fairly successful business. But now, i'm looking for something else to get excited about.

my question: is it foolish to start in this game in your mid fifties? Do you know any successful investors that began later in life (most of the podcasts guests I've seen are young or were young when they started)? If so, it'd be great to connect so i can hear the pro and cons.

Thanks in anticipation,

Terry

[Bill Manassero]

Terry Power Are you kidding? Real estate investing rocks for retirees! I started at 59 and am set on a course to have 1,000 units by 2020. Real estate investing is the best way I have found to achieve the retirement we've always dreamed about. I talk to seniors all the time who are also using real estate investing to generate cash flow now for their retirement and for a legacy for their families. This is a great time to start. PM me if you have any questions.