{"id":10555,"date":"2009-12-15T14:07:47","date_gmt":"2009-12-15T21:07:47","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=10555"},"modified":"2009-12-15T14:07:47","modified_gmt":"2009-12-15T21:07:47","slug":"retirement-aint-for-everyone","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10555\/retirement-aint-for-everyone\/","title":{"rendered":"Retirement Ain’t For Everyone"},"content":{"rendered":"

Just because you’ve found yourself in a position to quit your day job, and sail into the sunset, should you? <\/p>\n

If we assume you’re financially set and your Purposeful Plan<\/strong> has found the cool end of the rainbow, what will you do? So many of us use artificial rest stops in our lives as an excuse to do one thing or another. <\/p>\n

My dad sat down one weekend and set a business goal for himself with a 10 year time period for its accomplishment. Big problem. He was one of those guys born with only one gear — overdrive. For nearly five straight years he worked with less than a total (not counting a few sick days here and there) of 30 days off. <\/p>\n

He was definitely a thinker, but once he believed he’d figured something out, either lead the way, follow, or get mowed down, ‘cuz he was gonna get to Point B. His motto was given to him by his sixth grade teacher when he pointed his finger at 11 year old Dad and said, “Don’t make excuses Brown, make good!”<\/strong> And he did. I’ve given this a lot of thought, and at least for Dad the problem was simple. <\/p>\n

He never seemed to ask himself about life after<\/strong> achieving a goal. Like so many investors who read books and buy videos to learn how to buy investment property, he never asked a crucial question, much less come up with the answer.<\/p>\n

Then what?<\/em> <\/p>\n

Just like buying real estate investments — anyone can buy something. Is it the right something? If so, and it rises in value — then what? Uh oh. Planning for retirement begs the ‘then what?’<\/em> question like a puppy happily wagging his tail who won’t go away. Figure out what your ‘then what?’<\/em> is and you’ll be way ahead of the game.<\/p>\n

There was the story he told me about having some drinks after work one evening with some friends. They got to talking about business, as they all owned their own real estate firms. Before he knew what was happening, the conversation had veered sharply into Read more<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Just because you’ve found yourself in a position to quit your day job, and sail into the sunset, should you? If we assume you’re financially set and your Purposeful Plan has found the cool end of the rainbow, what will you do? So many of us use artificial rest stops in our lives as an […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,28],"tags":[],"class_list":{"0":"post-10555","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","7":"category-retirement","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":916,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/916\/your-retirement-a-few-questions\/","url_meta":{"origin":10555,"position":0},"title":"Your Retirement — A Few Questions","author":"Jeff Brown","date":"January 22, 2007","format":false,"excerpt":"For those of you over 40, take a few minutes and contemplate your retirement. Here are a few tips on how to figure out more closely what it could be. Bring into focus your current financial state. In other words, where are you now? Recall the last time you thought\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2463,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2463\/want-a-retirement-the-equivalent-of-house-arrest-grandpa-economics-is-your-best-bet\/","url_meta":{"origin":10555,"position":1},"title":"Want A Retirement The Equivalent Of House Arrest? Grandpa Economics Is Your Best Bet","author":"Jeff Brown","date":"January 3, 2008","format":false,"excerpt":"For years I've put forth the principle of Grandpa Economics. I coined the phrase years and years ago. Stated simply -- Relying on savings + a free and clear home + Social Security will land you in the poor house not too many years after your retirement party is long\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10681,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10681\/real-estate-investing-for-retirement-2-schools-of-thought\/","url_meta":{"origin":10555,"position":2},"title":"Real Estate Investing For Retirement – 2 Schools of Thought","author":"Jeff Brown","date":"December 22, 2009","format":false,"excerpt":"There surely are more than just a couple schools of thought when it comes to using real estate as a vehicle to get them to an abundant retirement. The two that almost always garner most of the attention are Buy & Hold for cash flow from Day 1, and Capital\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3203,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3203\/who-should-use-eiuls-401ks-arent-cutting-it-for-most\/","url_meta":{"origin":10555,"position":3},"title":"Who Should Use EIUL’s — 401(k)’s Aren’t Cutting It For Most","author":"Jeff Brown","date":"June 3, 2008","format":false,"excerpt":"Equity Indexed Universal Life is, when simplified, investment grade insurance. It's a tool, a vehicle used by folks to create retirement income. I've written of this before, much to the chagrin of Mr. Swann. I've since put many clients into them using industry experts. Why? 'Cuz it's the right thing\u2026","rel":"","context":"In "Enduring Interest"","block_context":{"text":"Enduring Interest","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/enduring-interest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1104,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1104\/retire-retire-early-retire-wealthy-unthinkable\/","url_meta":{"origin":10555,"position":4},"title":"Retire? Retire early? Retire wealthy? Unthinkable!","author":"Greg Swann","date":"March 2, 2007","format":false,"excerpt":"Who wants to think about retirement? I really love to work, and it seems probable that I will continue to churn away until the hardware fails. But I know that at some point I want to stop having to worry about money. I want to write books and explore ruins\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":969,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/969\/tick-tock-the-retirement-clock-is-counting-down\/","url_meta":{"origin":10555,"position":5},"title":"Tick Tock — The Retirement Clock Is Counting Down","author":"Jeff Brown","date":"January 30, 2007","format":false,"excerpt":"One way or the other, the day you retire will be an emotional one. Why don't you kick back tonight after dinner, and quietly imagine your last day at work. How does it feel? Are you giddy with anticipation? Or are you tense and uneasy, filled with anxiety about your\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=10555"}],"version-history":[{"count":5,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10555\/revisions"}],"predecessor-version":[{"id":10572,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10555\/revisions\/10572"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=10555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=10555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=10555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}