For many of you, investing in your 401k or IRA seems like a solid option to help you grow money all the way up until retirement. You put money aside each paycheck, don't touch it until you retire, and hope you have enough to last through your retirement years.
Did you know that you can use the money you've already set aside in a 401k or IRA account to invest in real estate?
But Mike, why would I want to do that?
There are a few reasons why some are interested in doing so:
What if you outlive the money you have saved? I would hope you plan to live a long, fulfilling, retirement! By investing in real estate, you can put money into an asset that will spin off cashflow each month during your retirement years and GROW through your retirement years. For most IRA's, the plan is to pull 4% of your account each year after you retire and hope you have enough.
When you factor in the multiple benefits of owning real estate as it relates to cashflow, appreciation,...