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Smart Investment Choices For Baby Boomers |
By:
Neal Sherman |
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Smart Investment Choices for Baby Boomers
Neal Sherman
Let the boomer retirement avalanche begin. The first official baby boomer born seconds after midnight on New Years Day in 1946 filed for early retirement social security benefits. If you're curious, she is a retired school teacher.
Boomers are easily the wealthiest generation entering retirement this country has ever seen. And protecting that wealth is becoming tougher and tougher. Real estate taxes have risen dramatically. Inflation, while not evident on an economic level is certainly making its presence felt through rising oil prices.
The good news is Boomers can expect to live longer. The bad news from a financial perspective is Boomers need to have their money last longer than most anticipated. Medical breakthoughs virtually assure that a significant number will live well into their 90s.
A big question mark is if Social Security as we know it today will be around 10 years from, or 20 years from now. Boomers must look themselves in the mirror and ask if they are prepared for retirement. Investment choices will play a key role, with stocks/bonds and real estate being primary choices.
The economy has a 50/50 chance of heading into a recession. In a disinflationary environment, with a weakening consumer, both stocks and bonds look like they're at tops rather than bottoms. A much smarter choice is investing at the bottom of the financial cycle, with tax benefits.
Go zone real estate investments are well worth considering due to their 50% depreciation writeoff that can be taken in the first year, back 5 years or forward 15 years. The prices of real estate are beaten down. In areas such as Biloxi, the casinos are booming. Investors can purchase cheap real estate in a booming area, obtain significant tax benefits for the next 15 years and also earn positive monthly income.
So, you create a tax shelter for yourself for the next 15 years to offset IRA and 401k capital gains by investing in go zone real estate. Second, go zone real estate is cheap and will appreciate longer term. Third, most go zone investments are positive cash flow. Fourth, it is turnkey, we manage the entire process.
Get additional info on tax advantaged investing and http://www.reinalliance.com/go-zone/gulfport-invest.html go zone real estate. We provide turnkey investment opportunities and manage all aspects of your http://www.reinalliance.com/ go zone investment This and other http://www.uberarticles.com/?id=25238&b=79 unique content 'go zone real estate' articles are available with free reprint rights.
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Article Source: http://www.statssheet.com/articles/article61611.html |
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