Recently, a hot topic for a lot of our clients has been how to not only plan for retirement, but how to really develop and implement a powerful strategy for retiring early. We have presented case studies o investors working with MemphisInvest.com to place a premium on developing and following a plan to retire with a secure income from passive real estate investments. I am including a link to a recent Webinar with one such case study involving an airline pilot worried that his own savings and airline pension would not be enough to fund his retirement:
I am reminded of this strategy when I read articles like this on on Yahoo finance this AM touting the benefits of using a 15 year mortgage.
The great thing about this plan, if the properties are purchased properly (at a discount and in an area that will cash flow), then a renter is actually reducing your mortgage for you and it returns become nearly infinite when the properties are owned free and clear by the investor.
MemphisInvest has more and more clients using not only this strategy, but they are really thinking about how their investing decisions are going to effect their long term goals of retiring and the standard of living they hope to continue.
Best of luck on your investing!
Chris