Retirement Planning without 401(k)/IRA

[Samuel Mutschler]

Long time listener, first time caller. My wife and I own a two properties and just completed our first Live-in-flip. I'm in the military and put 6% into the Roth TSP (similar to IRA but deposit limits are higher). My TSP will continue to mature until 2050 but I don't plan to make any more contributions starting soon and use that money towards purchasing the next property. We also have a solid chunk in the stock market we are strategically liquidating to use towards hard, cash-producing assets.

My question is: How are people saving for retirement without making contributions to IRA/401(k)s? Our plan is to continue growing our real estate portfolio to have a majority of our cash flow from passive income. I don't have much faith in IRA and 401(k)s especially watching our parents stress about the value of their retirement funds right now because they are retired now or in the next few years.