Thinking about using real estate to strengthen your retirement plan? From generating income to offering financial flexibility or emergency access to cash, real estate offers a wide range of possibilities. But not every option is the right fit for every retiree. In this episode, Steve breaks down seven common real estate approaches that frequently come up in financial planning conversations.
He breaks down the pros and cons of each approach- like rental properties, REITs, HELOCs, and reverse mortgages-highlighting where they fit best and when they might create more stress than support. You’ll learn how to avoid tax traps, spot income opportunities, and think critically about whether real estate deserves a place in your portfolio.
Here’s some of what we discuss in this episode:
🏘️ Are rental properties worth the work for you?
💳 The pros and cons of HELOCs in retirement
⚖️ Reverse mortgages: when they’re beneficial and when to steer clear
🔨 House flipping in retirement: what to consider
📉 How downsizing (or rightsizing) can boost your retirement security
0:00 – Intro
1:27 – Rental Properties
5:04 – HELOCs
8:26 – REITS
10:31 – Reverse Mortgages
12:13 – House Flipping
13:46 – 1031 Exchanges
15:28 – Downsizing
Resources
Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.html
Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg
Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12
Other ways to get in touch:
Phone: (775) 266-8867
Our website: https://powerhousefinancialadvisors.com/
LinkedIn: https://www.linkedin.com/company/powerhouse-financial-advisors/
Facebook: https://www.facebook.com/PowerhouseFinancialAdvisors
