Your Retirement Income — News Flash! You’ll Only Be Spending AFTER Tax Income There comes a time when retirement becomes very real. In my experience most people begin gettin’ that twitch in their get-along the closer they get to 50. It’s not much later when it dawns on ‘em that their 401K just ain’t gettin’ it done. In fact, if at 50, their $500,000 401K never had another losing year, AND averaged an annual yield of 8%, they’d not like the results. (Before continuing, here’s … [Read more...]
Your Retirement Income — News Flash! You’ll Only Be Spending AFTER Tax Income
October 11, 2012 By Leave a Comment
Don’t Create A Retirement With Great Biceps But Girlie Legs
October 2, 2012 By 1 Comment
Don’t Create A Retirement With Great Biceps But Girlie Legs Many years ago one of my mentors asked me how I stayed in such good physical condition. He’d let himself go a bit, and didn’t want it to get, as he put it, outa hand. I gave him a beginning program which startled him. It included cardio work, resistance training, and consistent participation in a sport he happened to like. “Why all these things? Why can’t I just do some pushups and walk every day?” In fact, he probably … [Read more...]
Cash Reserves For The Long Term Real Estate Investor — Things Change
September 18, 2012 By Leave a Comment
Cash Reserves For The Long Term Real Estate Investor — Things Change As happens often in conversations with ongoing clients, I bring up the subject of cash reserves. It usually surfaces naturally when they make known their desire to explore the acquisition of more investment property. Since we all live in the universe of reality, we understand the status quo is but a measurement of the here and now. Assuming your financial status has remained static the last 1-5 years is a mistake we simply … [Read more...]
A Prediction Come True — Oldest Boomers Facing Dilema
September 4, 2012 By Leave a Comment
For several years now I’ve been virtually beggin’ folks, especially Boomers, to gut their 401Ks and the like, with rare exceptions. There are several reasons they’re a fail from the get-go, most of ‘em don’t need the others to be convincing, either.1. Over a 25-35 year period, most Americans save about $75-150,000 on income taxes via their annual pre-tax contributions. Yet, if they were successful in building a two comma balance (which 99%+ won’t, of course), their retirement income … [Read more...]
News Flash! TIMING The Maximization Of Your Cash Flow Is KEY
August 28, 2012 By Leave a Comment
News Flash! TIMING The Maximization Of Your Cash Flow Is KEY If you’ve been investing for the long run, it’s almost axiomatic you’ve read a buncha how-to books, watched countless webinars and/or videos on the subject. Most of ‘em, at least from where I sit, give solid advice, if considered in a vacuum. For example, the counsel encouraging cash flow is a no-brainer, right? Not so fast, QuickDraw breath. If you’re 39 years old with 10-25 years to retirement, what on earth does a lotta … [Read more...]
Retirement Is ALL About Reliable Income – The Rest Is Happy Talk
July 10, 2012 By Leave a Comment
Retirement Is ALL About Reliable Income – The Rest Is Happy TalkThough many real estate investors are primarily interested in short term profit, almost all of ‘em eventually turn their efforts towards ensuring a sizable and reliable retirement income. Yeah, classic Captain Obvious material to be sure. Still, experience consistently demonstrates how, more often than not, people get their eyes off the ball — and make no mistake about it — abundant high quality, steadily reliable retirement … [Read more...]
3 Ways to Invest in a Self-Directed IRA in Real Estate
May 23, 2012 By Leave a Comment
3 Ways to Invest in a Self-Directed IRA in Real EstateWith the continued volatility surrounding the stock market, more and more investors are converting their retirement accounts into self-directed IRAs. We speak to investors almost every day who want to invest in real estate in some form or fashion and want to use retirement funds (that probably aren’t earning enough to keep up with inflation) to do this. Most investors intuitively know that the opportunities to invest in real estate right … [Read more...]
When Investing In Real Estate – There’s Planning and There’s PLANNING
May 15, 2012 By Leave a Comment
When Investing In Real Estate – There’s Planning and There’s PLANNINGThe concept of planning is used and abused, especially when it comes to real estate investing for retirement. I know, cuz I’ve seen me do it. The hardest, most expensive lessons I’ve learned came from planning instead of PLANNING. Investors whose end game is retirement income, simply can’t afford to rely on planning. It’s not that they won’t accomplish their goal(s), as many will. It’s just that their goals … [Read more...]
Investing and Retirement Planning
March 2, 2012 By Leave a Comment
Investing and Retirement PlanningI learned very early on that many real estate veterans are big fans of note investments. It wasn’t until I had seen enough toilets, tenants and trash that I understood what they were getting at…… the consistent cash flow that comes from the note!!I want to give you another perspective to consider in your investing business, note sales. The government and financial advisers will often tell you the best way to prepare for retirement is to invest in … [Read more...]
Purposefully Planning Your Retirement – What Is Time To You?
February 8, 2012 By Leave a Comment
Purposefully Planning Your Retirement – What Is Time To You?Over the last 35+ years I’ve spoken with literally hundreds of people convinced they were seriously preparing for retirement. The problem for many is one of scale. For a couple in their 40s who make $80,000 yearly between them, $250,000 is one heckuva lotta money. Yet, if they’re 45, retiring at 65, turning that amount into $1 million would require 20 consecutive years of just under 7.2% annual yield. No losing years allowed. … [Read more...]
Real Estate And Retirement ?
November 8, 2011 By Leave a Comment
Real Estate and Retirement ? While there are several debates raging across real estate investing forums, one that seems to attract strong opinions is the debate on whether investors should actively or passively invest in real estate. While there is no singular definition of what it means to invest in real estate, with the advent of reality T.V. and a host of Do-It-yourself shows, there seems to be an existing opinion among the masses that unless you are beating the streets, talking to … [Read more...]
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