BUILDING INCOME IN EVERGREEN COLORADO REAL ESTATE
It is extremely important that each one of us have a strategy when it comes to investing. So often the national financial media equates wealth building with income building. Their theory is that if your stocks go up in value you will have a well funded retirement. This is just not true. Many, if not most stocks do not pay a dividend, while others pay very little. The average stock pays far less than 2 % of the buying price in dividends. That translates into a $20,000 dollar a year income if you had a million dollars worth of stock. The average household in America close to retirement age has only $104,000 in assets. Most couples can not save up a million dollars in a life time, and most can’t live on 20K a year, even if they did accumulate a million dollars worth of stocks.
This is further diminished by all the fees portfolio managers charge, and the unearned income tax that we, both rich and poor, are required to pay. If your million dollars is in an IRA, then when you retire you will start to pay the taxes on your IRA savings that were deferred during your working years. I honestly do not think most people have analyzed all the factors involved in opening and depending for retirement on an IRA.
The only real alternative for us average people is to invest in Real Estate. A rental property will pay for itself over time, produce income, and shelter that income from the unrelenting grasp of the IRS. Invest today in your financial freedom; give us a call at MARK ENGLISH REAL ESTATE and DISCOUNT MORTGAGE SERVICES and let’s put a plan in motion for your financial future. We are the one stop shop for all your EVERGREEN COLORADO REAL ESTATE needs. Whether a home of Your own, a RETIREMENT INVESTMENT, an EVERGREEN COLORADO HOME LOAN or an EVERGREEN COLORADO MORTGAGE REFINANCE call us at 303-674-0148, Email us at markenglishrealestate@msn.com , or visit us on the web at www.evergreencoloradoliving.com.