Rethinking Retirement: Why Conventional Saving Plans Might Not Be Enough

As we stand on the brink of retirement, many of us are awakening to a stark reality: the traditional pillars of retirement security, such as Social Security and 401(k)s, may not suffice in the modern economic landscape. The average American retiree now receives about $2,000 per month from Social Security, totaling a modest $24,000 a year. Projections suggest future retirees might only receive about 70% of that amount. With the potential insolvency of Social Security by 2041, relying solely on this source is more uncertain than ever.

The FIRE Method: Can You Really Retire With It?

Are you familiar with the FIRE Method? 

FIRE stands for financial independence, retire early. 

It’s a concept that’s been gaining increasing popularity over the recent years. The idea is simple: save and invest aggressively, live modestly, and retire in your 30s or 40s – well before 65.

That sounds great, right?

Tax Law Changes You Need to Know with Damion Lupo

On January 1st, something incredible happened that you really need to know about. For the first time in 13 years, there’s been a major overhaul in the retirement tax code. With this new change, multifamily investors now have the ability to make an investment in 2020 that can relieve them of their taxable burden from 2019. Up to $57,000! Want to learn more? Tune in to the video!

How to Invest Using Retirement Funds

Is it possible to use a retirement account to invest in a real estate syndication? The short answer is yes. But what qualifies? Today, we’ll answer that question and take a look at the pros and cons of this strategy.