Passive Income? Let's Retire.

By
Real Estate Agent with The Pamela Madore Group 573760

Pamela Madore

CALL IT MY GREAT EPIPHANY

Keller Williams Realty 806-290-1920

 

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 30 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?

SELLING HOUSES AT AGE 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 the 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 receive one more paycheck and had to live on what you have available, how long before you would be homeless?  That is a hard question. Back in the olden days, the husband (that is how old I am) usually got a job doing something that had a retirement plan with it, a pension.  When he retired he had a lifetime income.  Depending on the type of position he had determined whether or not it was enough to live on.  

HOMELESS AND HOPELESS

Don't forget Social Security kicking in. LOL What a joke.  Who can life on that?  Or let me rephrase that.  Who wants to live on that.  Not me. I knew something had to change.  And fortunately, for me I was at the right place at the right time. Have you ever thought about this?  Maybe you are in perfect shape and have handled your money well or have other income.  But maybe not. Maybe you are more like me.  I have made lots of money and then spend it all and more.  I have been broke.  I have ridden in limousines.  In my silly unfocused way, I never looked far enough ahead to see that the roller coaster was going to stop and I was going to have to get off at some point.  

THIS PLAN WILL WORK FOR YOU-- SEE YOUR FACE IN THERE?

I am going to tell you how I took charge of my financial retirement plan.  The plan takes some work (not like brain surgery work or anything) and I am partly through my 1096 day retirement building plan.   This is not a get-rich-quick scheme.  I am not really into those.  In my younger years I believed that to be true,  but many dollars and time later I learned what I should have known up front.  I call this my One Thousand Ninety-Six Day Retirement Plan.  This plan is especially designed for Realtors because that is what I do and I am where it is a shoe-in to do. If  you are willing to get your real estate license OR if you already have one and have a great business it can work for you, too.   LET ME REPEAT IN BIG LETTERS THAT THIS IS NOT A GET RICH QUICK SCHEME!! It is a teachable and organized model and system that will allow you in a very short time to have a predictable PASSIVE income that lasts your entire life and for one more generation. Interested in learning more?  Confidential interview or conversation.  I promise what I say is true. 

To build careers worth having, businesses worth owning, and lives worth living and legacies worth leaving..

Pamela Madore

Keller Williams Realty
3955 S. Soncy
Amarillo, TX 79119
806-290-1920 pammadore@kw.com
 
ONE THOUSAND NINETY-SIX DAY RETIREMENT PLAN
Business As Usual CONTACT ME for CONFIDENTIAL MEETING PS . 1096 days is 3 years and 1 day.  That is how long it takes to be vested at Keller Williams and keep your Profit Share going forever.   copyright 2019 Pamela Madore
 
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Pamela Madore
 
Pamela Madore
The Pamela Madore Group 
Keller Williams RealtyAmarillo
3955 S. Soncy
Amarillo, TX 79119

806-290-1920 Cell
pammadore@kw.com 
http://pamelamadore.com
 
 
 
 
 
 
 
 

 

 

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Rainmaker
1,750,635
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Hi Pamela - I enjoyed reading your post, and happy to hear that you have a plan in place for that eventual retirement. You're ahead of many!

Jul 09, 2019 06:43 PM #1
Rainmaker
893,775
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

I started 30 years ago planning for my retirement.  Being financially stable, investing in long term investments is key to retirement.

Jul 09, 2019 06:50 PM #2
Rainmaker
2,730,802
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Pamela Madore very good report about passive income retirement.

Jul 09, 2019 08:12 PM #3
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Pamela Madore

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