The Retirement Income: The Case of Short-Term Rental Property Direct Investment Compared to a Dividend Stock

The AFS Conference will feature speakers, symposia, and several special sessions. Among them, we will introduce a new panel session for PhD students, highlighting how to best navigate the job market.
With the generous support of our sponsors, the Academy has awarded several best paper awards during past meetings and we anticipate continuing Best Paper awards in 2021.
We will continue with our Emerging Scholar Award to a current graduate student for promising research work on a paper or poster presented at the conference.

Keywords

Short Description

The rise of Airbnb prompted many retirees to consider alternative retirement income from short-term rental property investment. Financial Planning traditionally helps clients analyze and recommend a portfolio of financial assets. The ability to analyze short-term rental property investment can enhance retirees' informed decisions and potentially meeting their retirement goals. Using a retiree case study to illustrate how to use the CAPEX evaluation process, analyze if short-term rental property investment is a viable alternative retirement income compared to a dividend stock performance.

Lead & Corresponding Author

Chia-Li Chien, PhD, CFP, PMP, California Lutheran University

Job Title

Assistant Professor and Director of Financial Planning Program

Email Address

Additional Authors

Hossein Salehi, Ph.D., CFP, California Lutheran University

Job Title

Assistant Professor, Financial Planning

Stefan Cosentino, Ph.D., California Lutheran University

Job Title

Assistant Professor and Director, Hospitality and Tourism Management

The Academy of Financial Services 35th Annual Meeting

September 21–22, 2021

Virtual