There are many options for those who would like to increase their retirement nest egg. Just leaving your retirement assets to sit in your retirement account is a waste of money-making potential. Learn the many options you have to use your self directed IRA to invest in real estate. You can also use your Roth IRA, 401k, Roth 401k or most other retirement accounts as well.
The following audio was recorded at a live training event. It has been edited together with the slide presentation that was made available to the event participants.
Very informative and insightful blog. People are so uncertain about trust these days. You sound very knowledgeable. Keep up the good work.
Thank you very much. I really appreciate the comments.
This is definitely very informative
i always wander why most retirees simply leave their “nest eggs” as they are without really using the equity in them to invest in the property market to earn even more. Investing the hard earned money is not only exciting, but it also brings massive rewards if the money is invested right (as suggested here).
Many people tend to repeat what they have done in the past over and over. It is up to the rest of us to introduce them to new ideas, then more things become possible!! Thanks for you comments.
Augie
Completely agree with you Augie. If we van introduce ideas to the uninformed investors then sky is the limit. Its unbelievable to see how many people have their bank accounts loaded with savings even though the returns are horribly low on the low interest rates. If they did what you are discussing here in the vid, they’d be much wiser.
Nice video by the way.
In an era of unprecedented low interest and a stock market with major volatility, people need to take responsibility for their own financial future. If they do they can more effectively prepare for their future than those who cede their financial future o the vagary of things over which they have no control.
The typical American is actually clueless in terms of personal financial planning, and also generally will not look for assistance from a financial adviser till very late. We want to begin teaching our children fundamental financial planning as well as investment. We should all learn how to become more self-sufficient. Depending on the government to provide for the future is actually unsafe.
Financial literacy is key to wealth creation and financial independence. Sadly it is not core subject matter in the American educational system or a topic of discussion at most family dinner tables.
to your success…
Augie
One of the better things I did with my RRSP (the Canadian equivalent of your tax deferring shelter) was move it into a real estate development that has done quite well, despite the current downturn. I just wish I’d done it 20 years ago, instead of just five.
Thank you for this article, very interesting! I will definitely share this.
Great post alot of people now and doing what was done 20 years ago following the same paths. Investing the retirement funds into a secure investment is a solid sensible piece of advise. What else has been the best bits someone has picked up from this article.
Keep up the great posts.
Cheryl
You should do this as a series of podcasts. It does make sense that retirees should be taking advantage of this capital. I deal with a number of retirees working in estate liquidation.