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Traditional Retirement Planning Dwindling Away

I have spent my life as a human resources professional, with graduate degrees and certifications in my field. A major part of my career had been dedicated to educating people in the work place on employer sponsored retirement planning vehicles. This typically included 401k, 403b and pension plans. Having worked for several major corporations and associations throughout the DC Metropolitan area, I started noticing an increasing trend. As a Human Resource Executive I was being called upon by the CEO's to find a way to "trim" costs from our existing retirement plans. At first this simply meant minor adjustments, but as time went on, those cuts were no longer minor. In many cases benefits were reduced so drastically, the plans barely had any value at all. In other cases, pension plans were being totally phased out, as they became a huge financial and budgetary burden to most organizations. It was difficult having to console dedicated employees who had spent their entire careers socking money away in their retirement plans. For most people, this is exactly how we were taught to secure the future for ourselves and for our children. But suddenly, the future was looking pretty grim. This is when I knew I had to come up with a better way of ensuring I had enough money to live off of. Real estate investment became that vehicle for me. It put me in charge of my own destiny and I was calling the shots. Real estate affords you a way to earn a huge return on your money both long and short term and nothing can beat that. So I urge you all, don't leave the security of your future up to your job, take your destiny in your own hands and learn to invest in real estate.

 

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