Retirement Planning without 401(k)/IRA

[Samuel Mutschler]

Long time listener, first time caller. My wife and I own a two properties and just completed our first Live-in-flip. I'm in the military and put 6% into the Roth TSP (similar to IRA but deposit limits are higher). My TSP will continue to mature until 2050 but I don't plan to make any more contributions starting soon and use that money towards purchasing the next property. We also have a solid chunk in the stock market we are strategically liquidating to use towards hard, cash-producing assets.

My question is: How are people saving for retirement without making contributions to IRA/401(k)s? Our plan is to continue growing our real estate portfolio to have a majority of our cash flow from passive income. I don't have much faith in IRA and 401(k)s especially watching our parents stress about the value of their retirement funds right now because they are retired now or in the next few years.

[Jeff Nash]

I suggest you just maintain a healthy balance of the 3 tax buckets of money: tax deferred, tax free and taxable. Outside of the stock market, you can get creative and partner with others on real estate deals or do it on your own, get into syndications. public and private REITs, trust deed notes, structured notes, commodity future and options, etc. Me and @Denver McClure focus on these types alts.  Depending on someone’s situation, risk tolerance, or investment appetite they can diversify in the tradition sense with stocks, ETFs, and bonds or mix in real estate and these other asset classes. You just do what you can as you grow your wealth over time.