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Retirement for Real Estate Agents
You have had a wonderful career as a real estate agent. You love your work, but are starting to think about what it would be like to retire. It's easy to notice those in their fifties and sixties who have worked a corporate, state or government job and are retiring with pensions and 401K's that were matched by their companies. Not so for real estate agents.  With the economy as such, working for years to come may be a reality for many. 
 
Selling your business may be an option. Creating a plan and working with a junior agent when you are a year or two  from retirement will make for a smooth transition. According to an Inman News article by Gill South reporting on the results of  a survey sent to 443 agents, 34 percent said they would keep their book of business and sell referrals, while 31 percent said they did not have a plan for their client database and 11 percent planned to sell their business.
 
Affiliating with a real estate company that has a profit sharing plan can also help bring in income in retirement. Keller Wiliams has a profit share system that is outstanding. You can build retirement savings from helping the company ... more

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