Title: How and why to retire on cash flow properties
1how and why to retire on cash flow properties
DISRUPTING conventional wisdom
- http//www.maverickinvestorgroup.com/
2Who Really Benefits from Traditional Retirement
Planning Advice?
- A very expensive mistake that many people make is
failing to challenge the assumptions underlying
traditional retirement planning advice pedaled
by the financial planning industry.
When strategies for retirement planning are
packaged and presented to us by our financial
advisor, we often take them as conventional
wisdom and fail to question the interests that
underly the advice being given to us. We presume
it is in our interest because someone else in an
authority position told us it was. To ensure
we do not become just another sheep, we need to
start independently evaluating the advice we
receive to determine whose interest it really
serves.
3A Closer Look at the Traditional Approach to
Retirement Planning
- Lets take a look at what the Traditional
Approach tells us to do - Work hard at your job
- Save Money
- Contribute to your employers 401k plan
- Diversify your portfolio
- Build up a nest egg so that you can retire at
age 65 on less money than you make now - Believe this is the only way and do not deviate
from the steps outlined above - Most people approach retirement with this method,
but few actually achieve it. And if you do
achieve it, that means you worked your whole life
only to retire to a downgraded lifestyle on less
money than you make now. Not very
inspiring....and yet, most people pursue it
anyways.
4The Traditional Approach is Not Designed For
Your Benefit
- Why is the Traditional Approach to retirement
continually promoted to us? Well, lets take a
quick look
Bankers, financial planners and the huge
companies for whom they work are incentivized to
sell you particular financial products. These
products are made to look as though they are for
your benefit but take a closer look at some of
these concepts. SAVING Bankers are
incentivized to convince you to save money
because the more money a bank has (paying you a
low interest rate), the more they can lend out to
others (at a high interest rate) and make a
profit on the margin. STOCKS, MUTUAL FUNDS and
YOUR EMPLOYERS 401K PLAN Financial planners
are sales people. Remember that. They typically
get paid per trade or with an annual fee based on
the amount of money under management. They are
financially incentivized to get as much of your
money under management as possible and to
convince you to invest it in particular financial
products. They usually make the same amount of
money whether your portfolio does well or poorly
so their incentivize is NOT to make YOU money,
but simply to get you to save up and put more
money under their management. THE NEST EGG
PHILOSOPHY The idea of building a nest egg
encourages you to give more and more money to
these financial planners. This nest egg
philosophy basically means amassing a finite sum
of money before you retire, and then hoping you
die before it runs out! Not very appealing to
me....how about you?
5The Myth of Diversifying Your Portfolio
- Nothing says diversifying better than limited
options
Rarely will you see a financial planner suggest
investing in multiple asset classes. When
recommending that you diversify your portfolio
theyll usually suggest that you chose between
the various mutual funds and packages that their
institution offers, but youll be hard pressed to
find one that suggests that you buy deeded,
freehold investment properties. Why is that, you
wonder? Simple Buying rental property doesnt
make your financial planner a commission.
6There IS Another Way!
- Now that you have an informed critique of the
Traditional Approach, lets take a look the other
opportunities that your financial advisor does
NOT want you to know about....
7Investing in Real Estate to Accelerate Your
Wealth Building Velocity
Investing in real estate allows you to take
control of your financial future because you
directly own and control your own hard assets.
Investment properties also enable you to
rapidly accelerate your wealth building velocity
when you buy the right real estate at the right
price at the right time. Maverick Investor Group
is a real estate investment company that helps
you buy turnkey property in the best real estate
markets, regardless of where you live.
8Creating Passive Residual Income
- Converting your net worth into streams of passive
residual income is the key to early retirement.
Passive steams of income are the key to financing
your lifestyle expenses with out actively having
to work for that money (what some call
retirement). Cash flow properties (where
rental income exceeds all your expenses) produce
passive residual income. Unlike the nest egg
which is a finite sum of money that gets
gradually depleted as you spend it, a stream of
passive income continues flowing....and you can
even pass it on to your heirs So, why focus on
a nest egg, when you can have a goose that lays
golden eggs?
9Converting Passive Residual Income into Time
As your passive residual income increases, you
can increasingly re-capture your time...so you
can play that extra round of golf on Tuesday
afternoons, spend more time with your family, or
whatever is important to you. The more passive
residual income you have, the less active work
you need to do to cover your expenses. And
when it is enough to cover all your lifestyle
expenses then you can retire or declare
yourself financially free.
10Converting Time into an Extraordinary Lifestyle
If you had the time to pursue your dreams--the
activities and experiences that are most exciting
and fulfilling to you--and you had the money to
finance it all...how would you design your
lifestyle? Most people have their dreams beaten
out of them, forced to conform to the dictates of
a job (and other life obligations) that are less
than inspiring. The job becomes the core
identity and sense of purpose....so when
retirement comes around, many people get
depressed with idle time on their hands and loss
of identity. Dont let his happen to you.
Re-connect with your passions now. What is
inspiring and important to you? Figure out how
much it will cost in time and money. Then design
your dream lifestyle today!
11Its Up to You...
- How do you want the remainder of your life to
play out? Do you want to leave your financial
future in someone elses hands, work until you
are 65 and then live off less money than you do
now and hope you die before your nest egg runs
out? - Or ...
- Do you want to take control of your own financial
future, own and control your assets directly,
retire on your terms, and have streams of passive
residual income that can finance your dream
lifestyle and then be passed on to your heirs?
12Contact Us
- Maverick Investor Group was founded by real
estate investors for real estate investors. It
is run by investment property specialists that
serve real estate investors exclusively. - Our vision is to radically improve peoples lives
through real estate. We look forward to helping
you meet your real estate investing goals! - Visit us today at http//www.maverickinvestorgroup
.com/
13Keywords
Investment Property Specialists - 1 Real Estate
Investing 1 Cash Flow Properties 2 Investing in
Real Estate 2 Investment Properties 2 Real
Estate Investment Company 1 Best Real Estate
Markets - 1 Turnkey Property - 1