Help… I Can’t Retire
Are you one of the many people who are stuck with no retirement solution?
Some people have done everything they thought
they had to, but somehow society let them down.
Some people got tricked into thinking that
someone was looking out for them and their
financial future.
Financial planners, mutual fund dealers, banks, etc are just
glorified sales people who are just selling you to invest your
money with them so they can get paid by making a commission.
I have never liked the stock market!
“To me the stock market is a big gambling casino where
there are many ways to gamble your money and many
ways to lose your money.”
Yet somehow, the stock market is legal because the people you
are giving your money to are licensed.
Don’t get me wrong, the investments advisors are
not intentionally trying to screw you. Most of them
have good intentions.
Investment advisors are selling you something that
is very volatile and that you have no control over.
Just the thought of something happening to
the company could have a negative effect on the stock price and your
investment along with it.
And here’s the big problem… there’s nothing you can do about it except hope that
the stock rebounds or good news helps drives the stock
price up again.
With a good Real Estate Investment, there are always a lot of things you can do to offset any bad situation.
Real estate has outperformed every
other investment year after year.
“The average house price in Canada has increased
approximately 11.7% per year for the last 15 years”
Some people have a government or
company pension plan… but most people don’t.
Companies have stopped providing corporate pension plans and are only
contribution to people’s RRSP program and letting
people manage their own retirement planning themselves.
People don’t really know how to manage a stock
portfolio or a mutual fund investment.
Most people have been relying on their
banks to manage their RRSP accounts.
Most banks have been investing people’s RRSP accounts into the bank’s mutual fund accounts.
The people handling your investment portfolio are very biased. They are motivated to place your hard earned money into their own mutual funds.
The stock market is performing at an all time low and, therefore,
the mutual funds are also performing poorly, since a lot of mutual funds have been invested
in the stock market.
“There is a big problem for a lot of people who have put
their life savings and trust into the hands of banks hoping to
have a retirement fund.”
Some investment advisors are not very experienced and are only following the
direction they were given in their limited training.
There is a big problem for most people trying
to retire.
You can’t retire because if you just live off your nest egg. It will run out
pretty fast.
Good investments are hard to come by.
“How are you going to retire when there is no place left to
safely invest your money? And pretty soon you will be forced
to retire.”
I know you have all heard that you don’t need as much money
when you retire because you don’t have as many expenses,
but this is ridiculous.
“I don’t know about you, but I didn’t work
all my life to try and get by on $20,000 a year.”
Many people are continuing to work way past their retirement
age earning their high salary because they haven’t figured
out any alternatives.
“The retirement situation is bleak for a lot of people.
The system they have trusted and were relying
on is broke.”
The retirement problem is a major problem for a
lot of Canadians.
Check out my book for a Step by Step approach on how you can get started in Real
Estate Investing.
Real Estate Investing: The 7 Step Solution to Making Millions in Real Estate
Jim Pellerin has been investing in real estate for over 25 years. He is the
author of Real Estate Investing: The 7 Step Solution to Making Millions in Real Estate
Check out his blog at jimpellerin.com
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