Keller Williams Realty
1096 Day Retirement Plan
Business as Usual
One day, I had an epiphany. You know, when that light bulb turns on in your brain and you slap yourself in the head. Duh. That kind of epiphany.
I have been in the real estate and mortgage business for more than 35 years. It is so much fun. I love going from deal to deal and seeing houses and solving problems. I love meeting the people and just putting it all together. But do I want to do this when I am 90?
My light bulb experience forced me to ask some hard questions. I have worked all my life as an independent contractor and somewhere (baby boomer attitude) along the line I missed that part about I may not want to do this deal by deal in my old age. Do I have a retirement plan?
The hard truth is that I didn't. Some savings. No 401K. A couple of stocks. A half a dozen rental properties but that was it. A paraphrased quote from Robert Kyosaki -- How rich are you? If you didn't rec…