40-40-40 Scam

Most people who I talk to and I tell them that I plan on retiring in 5 years think that I am crazy. (I’m 25 years old btw) What is more crazy is to work for someone else for 40 hours a week, for 40 years of your life to get 40% of what you couldn’t afford to live off in the first place (social security). If you don’t have dream and goals, you will never make it. You will work for someone else for the rest of your life. I see it happen a lot working in Real Estate. When I knock on doors and see the situations they are in is heartbreaking. For example, we had these two sisters who were about to lose their paid off house to $500 in taxes. They were in their mid-70s and they were about to be homeless. Luckily, my team and I helped save the day.

Open your mind to different ideas. What does our society teach now-a-days? Go to school, get $150K in student loan debt, go get a job that pays $12.50 an hour to now pay for your student loans. I know 50-60 years old that are still paying it off. They go to their job for a long time and if one thing goes wrong, you are in deep shit financially because you didn’t have the money saved. It is very hard to save your way to retirement. I have see only a couple of people do it. One of them happens to be my dad and my mom. Would if I told you there was another way? It’s not good enough to turn off your brain and listen to someone else tell you want to do. I call myself unemployable-I can't/won't work for someone else. A lot of people have fears-my biggest fear is to go back to cleaning tables or standing for 12 hours a day in a hot kitchen for $11.75 if I was lucky.

So what did I start to do when I saw my job was going no where? I started studying the wealthy people. How did Donald Trump go bankruptcy three times and still up on top? Ten months ago I didn’t know the answer. So what is the answer? There are two things that bankruptcies courts will never touch or remove: 1. Student Loans 2. IRAs. He put all of his money into retirement accounts so he can withdrawal the money when the bankruptcy was over. Another piece of information that is the same about the wealthy is that they read. Even if it is 10 pages a day. Read for 30 mins everyday and you will be a millionaire in 4 years, I guarantee it. Take the next 10 minutes to reflect on your life. Do you love it? Do you do the things you love everyday? If the answer is no, look at the ways to change it. If you are afraid, then it will never happen. Educate yourself. Change your life.