Retirement doesn’t look the same to all people.

For me it may be a lot different picture than what you envision.

Or maybe you haven’t really starting thinking about what your retirement looks like yet. If so, it’s time you do that, because it’s inevitable.

So… have you thought about it? What does YOUR retirement look like?

If you’ve thought about it, have you really thought it through thoroughly? What is your plan to get there? Does it involve travel and living a good quality of life… or is it just squeaking by financially, living really frugally and not exactly living your dream?

I ask because I want you to think about this deeply.

Visualize your future…

It isn’t enough to just want a good retirement.

You have to visualize your retirement:

  • What activities do you want to do in your golden years?
  • What toys do you want to own… like a Jet Ski or boat?
  • What type of home, condo or apartment do you want to live in?
  • Do you want to have money to travel and mark a few things off your bucket list?
  • How about going out to dinner whenever you want to at restaurants you really like?

Hey, just like I say in the video above, take the extra step. Cut out pictures of those things you want to have, do and see in retirement. Really paint that picture. Put it in a vision book.

Then figure out exactly how you’re going to get there.

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If you are working a 9-to-5 job, maybe you have a 401K plan in place. Or some other type of retirement savings account. Maybe you’re one of the lucky ones and you work for a company that does some sort of money matching.

That’s all good and fine, but it won’t be enough to get you to your retirement vision. You’re going to need to take extra steps.

For me it’s real estate investing.

I’m going to continue to buy cashflowing rental properties; I’ll continue working with people who want to participate with me in my deals who also get to earn passive income that they can put away for retirement.

A lot of the investor backers I work with use money in their retirement accounts in my deals. That means their earnings have to go back to the account, but that is excellent news. It means these individuals will have a lot bigger nest eggs when their retirement begins.

The cool thing is that you aren’t typically penalized if you use your retirement account to invest. As long as you follow the rules (and you can talk to your custodian to learn more about those rules) and you have the money going back into your retirement account, it should be smooth sailing!

That said, I’m not a tax advisor nor a custodian of retirement accounts, so it’s best you have a chat with those professionals to learn what you can and cannot do. There is one thing I do know… if you have a Self-Directed IRA (SDIRA), you shouldn’t have any problems investing.

I have touched on that subject before in a few articles on this blog. I’ve also talked about savings vs. investing in a few pieces. If you haven’t read all the articles on this blog, you’re missing some excellent information and guidance.

Here’s a link to one of the first articles I wrote on the topic of savings vs. investing in real estate, which I hope you will enjoy:

Investing In Real Estate vs. Keeping Your Money in a Shoe Box

Maybe it will open your eyes to the possibilities. If so, maybe you’ll want to have a chat with me. I promise it won’t be scary. I have nothing to sell you, so don’t worry about that either.

I just like talking to people who are finding their way and trying to make good investing decisions so maybe their retirement years can be all they ever visualized would be possible!

If that sounds like something you would like to do, here’s a special invite-only link.