Buy one or two?
As most of you who know me realize, I primarily cater to entrepreneurs and business owners. I thought I would take a step back today and speak about a quick topic that might just turn on a light bulb for a few people.
Let's look at the "normal" way that life goes.........
- go to school get good grades so
- you can get a good paying job so
- you can buy a nice so so
- you can pay it off in 30 years so
- you can use that money to invest so
- you can have the cash flow to live out the remainder of you life.
One word describes what most people do ....
Uniformed.
Let's face a fact. Most people will follow the above guideline because that is what is taught. Not only by the generation before, but also the media. Now please understand I am not advocating that any of this is bad, but take this into account.......
What would be the lifestyle if the average person purchased just ONE more home at retirement?
Light bulb go off yet?
Think about it for a second..........
If the average person has a retirement based on only their primary residence (lets not factor IRA''s, Keoghs, Pensions, etc. as each person is unique and different) then all these calculations are based on only ONE house...their own!
Wouldn't it then be logical that the lifestyle would DOUBLE with only ONE more home?
WOW!
Light bulb go off yet?
Bottomline....most peoples retirement funds comes from the downsizing of their homes. If someone sold TWO homes instead of one....then the lifestyle should also benefit also.
Just a thought.
Have a great day!