To 401K or Not to 401K

[Keith Schuster]

I'm new to real estate investing and have been thinking about it for what seems like an eternity. I've been spending a lot of time thinking about retirement. Frankly, I'm not optimistic about whether my 401k/IRA's are going to be enough when I decide to retire - I guess thats part of the issue - I may never get to retire... I'm looking at real estate as a possible enhancement to my retirement plan. The way I'm looking at it, cash flow from RE is the way to go. Seems to me regardless of what the stock market does(look at last week) real estate is always going to provide cash flow for me. The more I look at it the more I think retirement accounts are a waste of time - I ought to be putting my money in real estate and building a reliable cash flow that can carry me through retirement.

I'm wondering if I should stop contributing to my 401K and use those funds for REI... I've got about 300K in an IRA - maybe I use those funds as well... I guess I'm looking for your thoughts on this. Any thoughts - anyone thinking/ doing something similar?

Thanks

Keith