How Can I Secure a Comfortable Retirement through Real Estate and ETF Investments in 20 Years?
Are you exploring the best strategies to retire comfortably in 20 years? Curious about the most effective brick-and-mortar investment approaches to secure your financial future?
## Building Wealth for Retirement: Real Estate and ETFs
### Using Your Salary Wisely
– Have you considered using your salary to invest in properties and ETFs?
– But what other practical brick-and-mortar options can help you achieve financial stability as you age?
## Exploring Solid Investment Opportunities
– Searching for reliable methods to build wealth for your retirement years?
– Interested in learning about time-tested strategies to secure a financially stable future?
By efficiently incorporating real estate and ETF investments into your retirement plan, you can set yourself up for a secure and prosperous future. Investment in tangible assets like properties, alongside diversified ETF portfolios, can provide you with a robust financial foundation for your retirement journey. So why wait? Start investing wisely today and pave the way for a financially secure tomorrow!
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I can tell you what I am doing (German 🇩🇪27 M):
I have now 140.000€ in ETFs (70% MSCI World & 30% MSCI Emerging Markets)
I earn 3200€ (after taxes and everything) but I only need 1200€ for everything (apartment, food, don’t need car, I drive with my bike 🚲 to work just 4min)
The rest 2000€ a month I invest in ETFs.
My plan is that with around 40 I have 1.000.000€ in ETFs and than I (could) retire.
I think I will still work even if I don’t have to anymore. But it feels good to have so much money and freedom to do whatever you want. Maybe I reduce work to 20h per week or 10h.
I can spend more time with my children/family (still single at the moment).
owning properties require you to work still and isn’t retirement.
Realistically you must 1) have equity in a business of some sort. 2) diversify some of your investment portfolio, but also take some leveraged intelligent focused shots when warranted. Example: I kept cash on hand and invested heavily in 2008 and 2020 crashes. 3) no debt beyond a good mortgage. No CC debt. No car loans. Etc.
Salary? Start your own business. Most humans are too loss averse. It’s easier than people think and the upside is the moon
US military service. Absolutely guaranteed money from the day of retirement on for the rest of your life after exactly 20 years of serving. 40% base pay at the time of retirement and the 20 years of matched Roth IRA contributions up to 5% your base pay throughout the 20 years.
Plus free healthcare, commissary, spaceA travel, on post hotels, 10% discounts at a lot of places, USAA car insurance and banking, never having to pick what you wear to work, 30 days paid vacation per year.
By year 15 you’ll just be like, “fuck it, I can coast 5 more years. Your last two years are prepping to retire.
Business or passive income. Plus stocks like S&P500
I did this. Got my first proper job at age 29. I was in debt at the time. Reached financial freedom at age 50. Did it via a combination of a job, property, stocks, side hustles. Nowadays, I’m invested in index funds and crypto. I still do side hustles.
See https://solopreneur-ventures.ghost.io/my-solopreneur-projects-over-the-last-20-years/.
I will decide in the next week whether to keep this blog or not. If I do, I’ll get a domain for it.
You can always do the real estate upgrade game for a few years. Buy a house with your savings and the lowest possible down payment, think 3% of you can find it. Buy the cheapest duplex/triplex in an area near a university but not too close. Rent 2 and live in one, pay the mortgage aggressively or save aggressively depending on your rate. Now that you live rent free, save for another house and buy another 2-3 unit and rent those, upgrade yourself to a small single family house and rent your old unit. Your 6 rental units should bring in enough to cover most of all 3 mortgages, and you keep a full time job as well. Stack cash and buy an apartment building with 6-10
Units. Lather rinse repeat.
It’s not easy, it’s not fast, but it’s been super reliable for loads of people. It’s harder to do now than it was a few decades ago, but it’s still super viable as an option and most people only don’t do it because of the work and the risk involved. But it’s super simple
It’s about income streams, not capital. You can have $100,000 in the bank and still essentially retire. If you have multiple income streams that are mostly passive then you can essentially retire.
So many people focus on “when I have X amount of capital I can stop working.”
It’s far easier to develop multiple streams of income that cover expenses than it is to build a war chest.
To retire realistically in 20 years, start saving early and consistently, leveraging retirement accounts and investing wisely. Set clear financial goals, reduce expenses, and regularly monitor your progress to stay on track. Flexibility is key, so be prepared to adjust your plan as life circumstances change. For me , I learn a skill in trade and hopefully start a small business in future
You need somewhere to live, food, water, healthcare.
If you own your house outright, that covers somewhere to live, but you need income for the rest.
Different places need different amounts for these things. USA has high healthcare costs even with insurance, so you might want to look elsewhere.
If you have a house that you can rent out for $2k/mth, then you can probably retire in a low cost of living country on $1k/mth and allow $12k/yr to travel back to see people or go somewhere else you might like. It’s not going to be a luxury retirement, but you can rent a nice enough apartment and eat out every meal as well as have housekeeping and laundry done, so it’s a pretty comfy lifestyle. If you’ve got a decent retirement account on top then that’s some nice extras and a handy buffer for emergency and unexpected costs.
House paid for and $200k retirement account is achievable within 20 years for a lot of people, so it’s probably a good aim.
Only fans seem to work.
Diversify, hustle, and maybe build a side business online!
Depends on your country, I guess? The big question is, how do you beat the inflation rate after 20 years. Passive income. Living simply? Knowing urban farming even if I live in the city, growing my own herbs and vegetables. Basically being more skilled in life haha.
Typically, making a lot of money within 20 years.
Sell one kidney, one eye, do onlyfans, invest in meme and ride to moon
Work a lot don’t spend much
*Passively-managed businesses that support real estate ownership*
Example:
I bought this sports injury clinic in 2017 for $1 plus the $13K in legal fees to close. It was $400K in sales and lost $20K / yr. On day 1 I owned it we made $50K / yr and climbing.
Owner was a therapist – these can be treasures bc many therapists can’t do both, and most aren’t good entrepreneurs so you can find gems. This woman was going under. I hired her to be in the clinic making a high % split and she made 2X the money she was making while pulling salary and running it under (plus she had $100K+ in personally-guaranteed leases and tenured staff severance to worry about).
So long as the business can pay rent it could be a tenant, to you as the building owner. This little sports clinic with Physio, chiro, massage, is in a 1200 sq foot space and now does $700K, and can handle expanding space to 2,000. That 2,000 is only one tenant, the building will have 8,000 sq feet of already rented space. Next thing you know $1 and $13K in legal fees has a passive cash flower that pays for a building I bought. Rinse & repeat.
I do the same now with a tech company I’m building that needs a “sales office”.
Enjoy the Now! Who knows where you’re going to be when you get older. Or if your still in this realm.
Real estate rentals
Focus on one of two things.
Your income – whether this is an opportunity to be a small cog in a big wheel, or a big cog in your own wheel your income is the only thing that matters.
If you don’t earn a load of money, it doesn’t matter how optimised your investing is or how little you make your expenses.
You can either go for it with a good job, earning can be high when you’re a middle manager in a big company (thinking oil and gas, accounting, tech, IT, pharmaceuticals etc). The flip side is, your own business, though it may turn over £200k, you may get to keep it all.
My experience is that people start their own business for other reasons than purely the income (freedom, family etc).
If you don’t earn, it’s never going to happen.
Don’t have kids!! You’ll spend all your money on them!! 🙂
Good luck. Never gonna happen. In 20 years retiring; ok i’ll play.
2024 now.
2004 then.
Who do you reckon had it right in 2004 to accurately depict the situation in 2024.
***VERY LITTLE!***
And the ones who did, were right for the wrong reasons. So start today, and retire asap. Simple.
Corporate job, beat everyone, materially, only think in terms of (what can i do to make more money for the firm or reduce costs) – (two tails of a bell curve). Know what you boss does, and his boss. ASAP.
Start divesting your savings, go for firms with high cash and equivalents, low div, high profit margin (aka profit per $1 revenue, the net profit margin). Check their debt. Good example; Chevvron.
[https://www.nasdaq.com/market-activity/stocks/cvx/dividend-history](https://www.nasdaq.com/market-activity/stocks/cvx/dividend-history)
And expand from there.. you’ll be retired FAR quicker. Perhaps in a few years already.
It’s easy – spend less and save more.
Become a hobo.
Become a cop
All you gotta do is cut your current expenses so you have more money today to invest for tomorrow. You could put $1500 a month into the S&P 500 and be a millionaire in 20yrs. However, if you wait for 30yrs to retire you only need $500 a month to invest to end up with about the same amount. Time in the market matters a lot when it comes to compound interest. If you want to be even richer one day you either invest a little more each month or wait a few more years to retire. If you do both you’ll be even richer. It’s not super complicated
Honorable military service.
I’m following a 3 step process
1) Save money
2) Find a immigrant girl that I love
3) Move to her home country
I honestly do not understand the obsession with retiring.
I’m obsessed with living well, being healthy, making money. I am 73 with 10 grandchildren and a SaaS company I just sold
The notion of retiring is not in my lexicon.
It should not be in your lexicon either.
Buy riskier investments that’ll multiply more longer term. Start a business or something and create passive income. Don’t rely on salary and pensions and dividends and all that slow traditional stuff.