As Stephen Covey once wrote, “Begin with the end in mind” and yet, how many for get just that? How many forget to create an exit strategy?
After all, life is more than making money. And no, I don’t mean “there’s spending it too”. There are experiences the world has to offer. Family. Friends. Charities that are dear to your heart.
Have you pondered what your exit strategy is? Are you looking for investments to create a passive income of $100,000 per year? $%00,000? $1,000,000?
Are you looking to create a perpetual trust to benefit one aspect of the world? Do you want to retire and move to be within a couple miles of the grandkids? What is your end game?
And what is your exit strategy?
By the way, if you hadn’t thought much about investment vehicles, I happen to believe that real estate is a great one to look at.