Episode 274 - The old tools of retirement like pensions and social security are broken or have serious problems. So, in this episode Coach Carson and Sean McKay of American IRA share how you can still retire early and confidently. They each share their plans to build wealth for retirement using a combination of rentals, retirement plans, stock investing, and personal businesses.
COMPANION ARTICLE/SHOW NOTES: www.coachcarson.com/retirement-broken
Links:
American IRA - for Coach Carson audience: https://www.coachcarson.com/americanIRA
Prior episodes with Sean McKay:
How to Use a Self-Directed IRA to Invest in Real Estate - https://www.coachcarson.com/self-directed-ira-real-estate/
How to Create a $3,000 per Month “Real Estate Pension” Inside Your Retirement Account:
https://www.coachcarson.com/real-estate-pension/
How Much Tax I Paid When I Sold a Rental Property: https://youtu.be/SgNXl8eqa2U
🎬 TIMESTAMPS:
0:00 - Intro
08:08 - Traditional Retirement
12:00 - What's Changed Since Then
19:04 - Living off the last 2 legs
25:22 - Prioritizing non-retirement money
34:33 - 2-lane approach
48:18 - How to build tax-efficient Wealth
52:44 - Plan the new retirement table
01:00:39 - Investments that Generate Revenue and Income
01:04:16 – Final Thoughts
01:06:41 – American IRA
__________
💲RENTAL PROPERTY ANALYSIS🏘️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (and it includes my actual property analysis spreadsheet!): https://www.coachcarson.com/RPA-YT
__________
🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
👉 American IRA - invest your retirement accounts into alternative investments like real estate, private loans, partnerships, crypto, and more - https://www.coachcarson.com/americanIRA-YT
👉 Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine-YT
__________
SUBSCRIBE for more videos about how to retire early with real estate investing!
💥 https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1 💰
----------------
MY PODCAST ON INVESTING AND FINANCIAL INDEPENDENCE
🎧 https://www.coachcarson.com/podcast/
----------------
GET MY FREE REAL ESTATE INVESTOR TOOLKIT
📋 https://www.coachcarson.com/toolkit-yt/
----------------
FOLLOW ME ON INSTAGRAM
📸 https://www.instagram.com/coachcarson1/
----------------
READ MY BOOK ON RETIRING EARLY
📚 https://www.coachcarson.com/retirementbook
----------------
👋👋 SAY HI ON SOCIAL
https://www.facebook.com/coachchadcarson/
https://twitter.com/CoachChadCarson
-----------------
▶️ MY YOUTUBE PLAYLISTS:
New to my channel? START HERE!
https://youtube.com/playlist?list=PL5F-I4oW-y2GOKLku5ZZLs4-bFqhT3dhM
Start investing now with NO EXPERIENCE
https://youtube.com/playlist?list=PL5F-I4oW-y2HzDDUGdPgpMd0qiIE19osb
Start investing now with a FULL TIME JOB
https://youtube.com/playlist?list=PL5F-I4oW-y2F0159OWyVmtURM62dnNa5B
Start investing now with NO MONEY
https://youtube.com/playlist?list=PL5F-I4oW-y2GT1sXIBio2rEycQ6v38iyH
Get out of the financial grind, so you can do what matters in your life.
https://youtube.com/playlist?list=PL5F-I4oW-y2GHS4nUGnmUOAUfRqOlVHcD
Analyze deals using GRADE SCHOOL MATH
https://youtube.com/playlist?list=PL5F-I4oW-y2FBXLqGI51b-aScuSPbc93M