Retirement Costs are Going Up.

Retirement Costs are going up, is retirement income?

According to this article

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/09/29/investopedia62189.DTL

The top 5 underestimated retirement cost are:

Medical Costs, Home Maintenance or rent, Taxes, Leisure, and Family.

The Bottom line is that at least 1 of these expenses are going to rise for the retiring individual depending on their specific situation. Meanwhile, the outlook on stock market based retirement investments is not looking so positive. The volatility in the market is causing many people to worry about retirement income. Paying the rent becomes more difficult, that cruise you always wanted to take might not happen, and even helping the grankids out with college might become a problem.

It is more important then ever to educate people about smarter more secure investments. Real estate is one of those topics that needs to be discussed. Especially with those individuals who still have some time before retirement . We use strategies like Trust Deed investing to explain that consistent monthly income is possible through someone's Self Directed IRA. A very powerful concept for someone who is not gaining or losing money with their current IRA.

Another concept is that of retirement income planning. I just shared an article on my company's facebook page today about many financial advisers adopting this kind of idea. Check it out here. It is about time that people do something to help educate people about retirement income needs.  

 Thanks

-Chris