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The Retirement Blueprint by Bill Roberts

Reblogger Bob Crane
Real Estate Agent with Woodland Management Service / Woodland Real Estate, KW Diversified #1 in Forest Land Mgmt

Though I see myself in the "work until you die" group, it is best to have the option of taking a more relaxed retirement.

Follow Bill Roberts advice and maybe you will not have to work that long.

Original content by Bill Roberts DRE 00527512

The Retirement Blueprint
For many Baby Boomers, retirement is an impossibility. They simply

won't (or don't) have enough monthly income from all sources to be

able to maintain their lifestyle IF they were to retire.
They must WORK UNTIL THEY DIE.
That is the Baby Boomer Retirement Plan as most of us know.
But there is a way.
It is as simple as making a plan and working that plan.
The process begins by establishing just how much monthly income

will be necessary after retirement to pay all the bills.
In most cases that number will be larger than the monthly requirement

BEFORE retirement.
Why is that? Because after retirement EVERY DAY IS SATURDAY.
Anyway, the blueprint: establish
multiple streams of income that will add up to what you need each

month. No need to get it all from one source.

Sources:
      Social Security
      Your 401(k) or other retirement plan
      Income property
      A small business
      Insurance annuity
      Other investments
            Land held for future value
            Interests in syndications of income producing property or businesses
            Tax certificates and tax deeds
            Trees (for wood, for fruit,  and ornamental)
            Gold and silver
            A home business (network marketing)

Please notice that nowhere did I recommend stocks or bonds.
Also notice I did not recommend a part-time job. Forget about being a

greeter at Wal-Mart.

Just Do It

If your current income is $100,000.00 per year, there is a good chance

that you will need $120,000.00 per year after you quit working.
Add up all the sources listed above. If you are still short, figure which

areas that you can concentrate on to improve your monthly income.
Do it in small steps. Don't look for a one-time fix for the problem.

Expect to invest another few years to accomplish your goal. If you have

10 years, it can be very easy to bring up your monthly income. Just

remember your goal.

Stay On Target

Don't waste time, money or gamble with your future.

If you don't have a Roth retirement plan, now is the time to establish it.

If you own your own small business you can establish a Roth SEP

(self-employment retirement plan), but even if this isn't possible then

establish a self-directed Roth IRA. Put into this Roth plan the

maximum amount allowed each year. Invest this money in tax deeds

or certificates, participations in syndications, planting more trees (if

the land is already in the Roth), silver and gold, But DO NOT BUY

STOCKS OR BONDS (because the stock market is nothing more than a

giant casino).
If you would like to improve your chances of retiring in style, join my

mastermind group.

Please comment. All comments are greatly appreciated.

Bill Roberts

 

View William (Bill) Roberts's profile on LinkedIn

Comments(6)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Bob Crane, thank for re blogging this great blog.  I just came up with a plan in April of this year to start thinking of how retirement will work and I got it figure out.

Nov 04, 2015 03:39 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I am a work until I die sorta guy....although, I do hope to slow down a bit

Nov 04, 2015 07:47 AM
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

This is a great recipe for retirement.  I don't want to work until I die - I really would like to have some relaxation time and hopefully some grandchildren to enjoy.

Nov 04, 2015 10:33 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Bob. I would say, it is just in our DNA to work until we are no longer here, fortunately we love what we do, so it just doesn't seem much like work.

Bill Roberts did a great job with his post, it makes good sense.

Nov 04, 2015 06:20 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Bob.  Excellent reblog by Bill Roberts.  I enjoy what I am doing so no plans for retirement. 

Nov 04, 2015 07:53 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Hi Bob Crane Thsnk you for the re-blog. I got a message last week that you had re-blogged it but AR had a glitch. I'm glad it was fixed.

Bill Roberts

BTW Sally is NOT keen on your working until you die.

Nov 04, 2015 10:18 PM