Foreword
Are you one of the millions of people who are waking up to the realization that your retirement years may not be as safe and secure as you had once hoped?
More and more people are finding themselves working harder and harder, only to receive less in return for their efforts. With rising prices, higher taxes, and often stagnant pay, the middle-class retirement dream is slowly turning into a nightmare. Even more frightening is the realization that many may have to trade their dreams of retiring at a reasonable age for an undefined number of additional years working.
The good news is that the American dream is still possible for you. That beautiful future is possible regardless of where you are today. As a CPA with more than two decades helping clients achieve financial stability and financial freedom, I find Dr. K. Kai Anderson’s book, Retire on Real Estate, a must-read for anyone who is looking for a better solution to their financial future, particularly in retirement. Every year, I meet with countless new clients who are either not well prepared for retirement or simply not making smart decisions with their finances.
This book reveals startling statistics that show how the history of saving for retirement has changed over time. It will help you understand why the old methods of saving and investing will no longer help us achieve our dreams and what opportunities exist for today’s investors.
Whether you are twenty years old and just starting out, or sixty years old trying to accelerate or even rebuild your wealth, Dr. Anderson’s book provides instructions on simple things you can do today to start you on your path toward financial safety, comfort, or even complete self-sufficiency in retirement.
Dr. Anderson skillfully brings together the heart, mind, and financial aspects of our lives, and challenges some of the outdated belief systems that we may have grown up with. This book reveals new ways to look at:
How you can increase your cash flow without increasing the number of hours you work, using real estate;
How to take control of your retirement money by taking advantage of lesser-known strategies that Wall Street and your financial planner do not want you to know;
How to understand the truth behind “debt” and how you can use it to supercharge your wealth; and
How to rethink your own capabilities and make small changes in your life that have large and lasting results.
As a seasoned real estate investor, Dr. Anderson shares insightful tips on the “Dos and Don’ts” of owning investment property. From analyzing properties and making offers to strategizing on how to trade up into larger properties tax-efficiently, this book provides a solid foundation for new and seasoned investors alike.
Dr. Anderson offers step-by-step guidance on how to use real estate investments to supplement retirement planning, making this book a valuable tool for anyone looking to build additional streams of income without having to continue working indefinitely.
As the title indicates, Retire on Real Estate teaches us how to abandon the idea of relying on only one path toward retirement and instead to create multiple streams of income to achieve financial stability. The book masterfully combines the “Why” and the “How” in achieving financial success. If you are looking to take charge of your financial future, especially for your retirement years, this book was written for you.
AMANDA Y. HAN
Certified Public Accountant at Keystone CPA, Inc.,
Real Estate Investor, and Co-Author (with Matthew MacFarland) of
The Book on Tax Strategies for the Savvy Real Estate Investor:
Powerful Techniques Anyone Can Use to Deduct More, Invest Smarter,
and Pay Far Less to the IRS! (Publisher: Bigger Pockets)