{"id":2463,"date":"2008-01-03T09:38:03","date_gmt":"2008-01-03T16:38:03","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2463"},"modified":"2008-01-03T09:38:03","modified_gmt":"2008-01-03T16:38:03","slug":"want-a-retirement-the-equivalent-of-house-arrest-grandpa-economics-is-your-best-bet","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2463\/want-a-retirement-the-equivalent-of-house-arrest-grandpa-economics-is-your-best-bet\/","title":{"rendered":"Want A Retirement The Equivalent Of House Arrest? Grandpa Economics Is Your Best Bet"},"content":{"rendered":"

For years I’ve put forth the principle of Grandpa Economics<\/a>. 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 forgotten. <\/p>\n

The solution? Understand Grandpa lived in a world playing by starkly different rules. Those rules haven’t applied since 1980. The template now calls for investing with a prudent, thoughtful Plan — using a long term, or big picture view. I prefer real estate. Duh. Frankly, whatever floats your boat and gets you to retirement with a big enough pot of gold, will do the trick. <\/p>\n

As I say over and over it seems lately — nobody gives a damn how the cat was skinned, until they find out if the cat was skinned. If you hit retirement with a basket of capital\/equity requiring two commas, and preferably beginning with a ‘2’ — you’ve skinned the cat. \ud83d\ude42<\/p>\n

The Boss is always on the lookout for helpful posts and articles. She hit platinum pay dirt with a story put out by AP concerning a victim of Grandpa Economics. Today I published an in depth post<\/a> based on AP’s article. The post points out the empirical<\/em>, what I’d say are the predictable consequences of following Grandpa’s path to retirement. <\/p>\n

For the skeptics who often wonder why I’m so passionate about this topic, read the post and ask yourself how your own parents and\/or grandparents are currently faring. I hope they’re in the ‘high grass’. If not, are they fine due to their own efforts, or because you’re steppin’ up to the plate?<\/p>\n

I’d love to hear your thoughts, as this story is gonna become common before you know it. Grandpa Economics is creating a new class of people while we watch in real time.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 forgotten. The solution? Understand Grandpa […]<\/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":[8,28],"tags":[],"class_list":{"0":"post-2463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","7":"category-retirement","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1099,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1099\/whats-the-biggest-myth-when-it-comes-to-investing-for-your-retirement\/","url_meta":{"origin":2463,"position":0},"title":"What’s The Biggest Myth When It Comes To Investing For Your Retirement?","author":"Jeff Brown","date":"March 2, 2007","format":false,"excerpt":"Though I've written posts on this subject before, sometimes my zeal to spread the word is renewed by contrary opinions. Of course, when it comes to how folks feel about this subject, you find that very little real analysis was used. I think the problem at times is exactly what\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":2201,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2201\/want-garlic-on-that-ice-cream-you-dont-want-cash-flow-on-your-capital-growth-either\/","url_meta":{"origin":2463,"position":1},"title":"Want Garlic On That Ice Cream? You Don’t Want Cash Flow On Your Capital Growth Either","author":"Jeff Brown","date":"November 10, 2007","format":false,"excerpt":"Dad, when he was poor, survived on peanut butter and onion sandwiches -- no lie, as I couldn't make that up. :) Though not nearly as weird, I like spinach salads with olive oil and malt vinegar. I've not run into anyone else who likes it. They usually put balsamic\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":1479,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1479\/401ks-iras-urban-myths\/","url_meta":{"origin":2463,"position":2},"title":"401(k)’s IRA’s & Urban Myths","author":"Jeff Brown","date":"May 29, 2007","format":false,"excerpt":"In a recent post, Retirement -- A New Class Being Created, I predicted a new class of retiree living a life tied to their free and clear home, with little monthly income. It inspired some interesting comments, and a question that is the inspiration for this post. One reader, Eric,\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":6509,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6509\/a-company-full-of-chriss-20-makes-money-while-10-makes-money\/","url_meta":{"origin":2463,"position":3},"title":"A Company Full Of Chris’s? 2.0 Makes Money While 1.0 Makes MONEY","author":"Jeff Brown","date":"January 12, 2009","format":false,"excerpt":"Where to begin? Chris, you remind me of myself 35 years ago. You know, before I learned what couth meant. :) If you haven't read Chris's latest effort, it's not long. It's all about him payin' the bills kickin' booty via 1.0. Payin' the bills? Here's some perspective. Chris made\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":13272,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13272\/find-your-passion-make-money-from-it-gimme-a-break\/","url_meta":{"origin":2463,"position":4},"title":"Find Your Passion? Make Money From It? Gimme A Break","author":"Jeff Brown","date":"September 18, 2010","format":false,"excerpt":"Every time I hear or read someone espousing the 'find your passion' mantra (Or should I say script?), my knee jerk reaction is to roll my eyes, sigh melodramatically, and wonder what percentage of these people are chanting that catchphrase to convince themselves and not you and me. Try this\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1469,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1469\/retirement-a-new-class-being-created\/","url_meta":{"origin":2463,"position":5},"title":"Retirement — A New Class Being Created","author":"Jeff Brown","date":"May 25, 2007","format":false,"excerpt":"In the seminars we've been conducting in San Diego and out of state, we've been noticing a common denominator that is becoming more and more troublesome to us. It's the number of stories being told of parents, grandparents, or the storytellers themselves. It often begins with, \"My dad is in\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\/2463","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=2463"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2463\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}