The myth of retirement planning.
It’s easy to find articles in USA Today, The Wall Street Journal, Money Magazine, etc. for how to set up your retirement plan, financial plan, and so on.
But, I don’t like the word “retirement”.
Retirement is an old industrial aged term, and it came out of the factory era, where people sacrificed their life on the factory line.
That is where most of the jobs were found, on the factory line.
And, these people worked hard for a promise down the road of having a pension plan that was put away for them when they reached retirement age.
This promise meant that they would be able to live a decent and comfortable life.
But, we should not think about retirement.
If there is a date set for when we are going to retire, then we will work and work just to get to that point.
The problem is that most people don’t ever get there.
And, they don’t get there because they don’t know what that goal looks like.
Financial planners say you ought to accumulate, and get as big a nest egg as possible.
But, there are so many things wrong with that model.
No one can predict what the next 25 years will look like.
You can’t base the projection of the future on the history of the last 4 years.
We are in a different world altogether.
The key is to learn how to orchestrate your financial future.
Don’t default to turning your money over to a firm or team that will invest your money.
Even if someone has your best interest at heart, it does not mean that they will invest your money wisely or effectively.
I’m a big fan of real estate, because I have control over it.
And, it’s what works.
Real estate has allowed me to leave my practice and give me financial freedom. It gave me the options to do what I wanted to do.
I know it works because I lived it.
Real estate works for me, and it also works for the members of Freedom Founders.
We like to call it ‘Free for life’.
In Freedom Founders, our members don’t have to work, but they can if they want to.
We cut their timeline by at least 50%.
And, this is all due to a blueprint created to go forward.
Don’t think in terms of a retirement plan, you have got to live your life, all the time, right now.
But, think in terms of a blueprint or plan.
A blueprint leverages who you are and leverages the assets you have, all the while taking into mind the liabilities you have.
Building up your capital assets is key.
You need to have your capital assets work as hard for you as you do for them.
You need a blueprint, and you need assets you can depend on.
This is what you need to do in order to evolve in life.
To your freedom,
David
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think):
1. Schedule a Call with Me:
If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital (can include residential/practice equity or practice sale), then click the link to jump on a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/schedule
2. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
3. Ready to Step Away?
“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training
4. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.
