The Retirement Blueprint by Bill Roberts

By
Services for Real Estate Pros with Brooks and Dunphy Real Estate 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.

Posted by

Please comment. All comments are greatly appreciated.

Bill Roberts

 

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Comments (90)

Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill 

You hit a hot topic with your post . . . . Great job.

Good luck and success.

Lou Ludwig

Oct 30, 2015 12:04 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I love the post and the great advice. Thank you for sharing.

Oct 30, 2015 08:50 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Roy Kelley , Will Nesbitt , Lou Ludwig , and Gita Bantwal Thank you all very much.

Bill Roberts

Oct 30, 2015 10:33 PM
Robert Vegas Bob Swetz
Las Vegas, NV

Hello from Vegas Bob/Alaska Bob and I hope you have a Fun, Safe Happy Halloween ;o)

Oct 31, 2015 03:01 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

Great topic . . . . the comments keep rolling in.

Good luck and success.

Lou Ludwig

Nov 01, 2015 10:56 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Hey Robert (Alaska Bob) Swetz What's with the spider? Is that supposed to scare me?

Bill Roberts

Nov 01, 2015 10:18 PM
Robert Vegas Bob Swetz
Las Vegas, NV

Hey Bill ... I thought I might get a Halloween scare out of you ;o)

Nov 01, 2015 10:23 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Bob, I closed down the candy at 9:00 PM because that's when the bigger kids start coming and they do scare me.

Bill Roberts

Nov 01, 2015 10:28 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Bill - this problem is a Baby Boomer reality and many simply do not have a plan. 

Nov 02, 2015 10:06 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

Have a productive week.

Good luck and success.

Lou Ludwig

Nov 02, 2015 11:26 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Grant Schneider It is worse than just no plan. They don't have any money and not enough time left to acquire it. But they must take action immediately if they even think that they may want to retire eventually.

Bill Roberts

Nov 02, 2015 10:46 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Grant Schneider It is worse than that. They don't have any money and very little time left to correct it.
Bill Roberts

Nov 02, 2015 10:49 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

I see a lot of bloomers working into their 70's.

Good luck and success.

Lou Ludwig

Nov 03, 2015 10:34 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Like you and me Lou Ludwig ?

Bill Roberts

Nov 03, 2015 10:53 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

You might be right on that.

Good luck and success.

Lou Ludwig

Nov 04, 2015 12:27 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

HI Bill what an excellent article, so glad I did not miss this. This is a dilemma that so many younger people or people who last a job are facing. It is scary to think of me as a Wallmart greeter in my 80's. 

Nov 06, 2015 12:15 AM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Well Noah Seidenberg you have plenty of time to do something about it.

But you MUST do something. Just wanting it won't work.

Thank you.

Bill Roberts

Nov 06, 2015 02:40 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

Have a great weekend . . . .

Good luck and success.

Lou Ludwig

Nov 07, 2015 12:59 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

Your post continues to have a lot of interest.

Good luck and success.

Lou Ludwig

Nov 09, 2015 11:29 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Bill

So who won the debate tonight?

Good luck and success.

Lou Ludwig

Nov 10, 2015 12:39 PM