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This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...
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Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
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Good morning everyone. I’m a 26 year old union electrician in north central Illinois. My fiancé is a 24 year old public school teacher. We both get pensions at 59 1/2. On top of that, I’ll be starting 2 Roth IRAs this...
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This question will have varied answers based on monthly/annual RORs. Ballpark, how many units does it take to replace a 6-figure salary (let’s go with $100,000 to keep it even). How long did it take you to accumulate...
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I live in Chicago and there's been a lot of discussion recently on whether Chicago could follow Detroit down the path of municipal bankruptcy. Many folks believe that because Chicago is much more diverse in its indus...
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Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
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I have a pension and 401k from a company I just separated from. My goal is to make enough passive income to “retire” in my 40’s ( 7-10 years) My wife and I are still employed, but my wife no longer can work overtime.W...
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Considering creating (or repurposing an existing llc to) a small real estate management company, specifically to manage properties that we already manage (we are a married couple w/a small portfolio and handle 85% of ...
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My husband and I are hoping to maximize our retirement savings this year and need some strategy help. I currently have a 403b through work. There is no match from the company. I currently fund it myself at a total of ...
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Greetings- question in regards to roll overs to C Corp. This is not a ROBS, it more to an established C Corp. My understanding is that there has to be a valuation of the stocks in order to roll over my 401k and Pensi...