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Posted over 10 years ago

Retirement???

Today I turn 49. One year away from half a century old. Sixteen years away from the "standard" retirement age of 65. Sixteen years until retirement??? Where did the time go? Will I have enough to retire? Will I have to keep working?

I'm sure that there are others, like me, who fret about the looming prospect of being older with not much to live on other than Social Security (if SS is still there upon retirement) and maybe returns from some money that is socked away in a 401k, IRA, CD, or other investment vehicle. But will it be enough? Will the markets be up or down when I need to rely on my investments the most?

One of the VERY cool things that I discovered since becoming a Real Estate Investor is that you don't need to start a Real Estate Investor business to become an investor in Real Estate. In fact, a person can PASSIVELY invest in real estate and treat that investment as an IRA, which has the benefit of providing tax savings.

Benefits of passively investing in real estate are:

  1. You don't need to set up a business and buy and sell houses.
  2. You don't need to become a landlord and deal with tenants.
  3. You don't need to deal with Real Estate agents or Mortgage Brokers.
  4. Your investment is secured by real estate property, via first or second lien.
  5. Your investment money is not subject to the whim of the stock market.
  6. Your investment money is handled by a professional Escrow Officer, not the professional Real Estate Investor personally.
  7. All you have to do is invest your money and collect the returns.

Are there risks with this type of investment? Sure. There are risks with ANY investment. Even your 401k has risks. (Trust me, I've seen my 401k investments vaporize in a down stock market.) But with passive real estate investing, your investment is secured by a lien against real estate. And your return can be anywhere from 9 to 15% APR interest, if you invested with me. You can receive your payments monthly, or accrued and paid in one lump sum. You can keep investing, or cash out. AND you can treat this as a retirement investment, allowing you tax savings and the ability to grow your nest egg before you retire.

But Eric, I don't have money to become a Passive Real Estate Investor!!! Do you have money in your Savings Account? How much interest are you getting? 9 to 15%? I highly doubt it. How about a CD? 9 to 15%? No way. How is your 401k performing? How will it perform next week or next year? Constant 9 to 15%? Perhaps, but one can't be too sure. How about Family or Friends? Would they be willing to partner with you and split the returns?

Am I worried about retirement? No, not really. I invest in Real Estate.

If you would like more information about how to become a passive real estate investor, please contact me anytime at [email protected].

http://www.ericjdailey.com


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