It’s not easy, but it can — and should — be done. If you’re among the 80% of Americans currently carrying some form of debt, it may seem like an impossible challenge to pay that down while also saving for retirement. Some people say it’s important to pay down your debt before you start stashing away money […]
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If you’re not planning for these expenses ahead of time, you could be in for a rude awakening. In general, people tend to spend less during retirement than they did before they left their jobs. In fact, according to a 2015 study from the Employee Benefit Research Institute, median household spending dropped by about […]
Millions of people are getting ready to retire but unfortunately most people do not have enough money to retire comfortably. To help solve this problem, here are three questions people should ask before they retire: 1. How much money do I need at retirement to generate the income I need? Most people need to […]
Uncle Sam isn’t the rich old uncle you thought he was Getting older can be tough, and it’s going to get even harder. Social Security, the government benefit program designed to keep elderly, the disabled and other vulnerable populations out of poverty, doesn’t even cover half of living expenses in […]
What Is a 401(k) Retirement Plan and How Does It Work? A 401(k) plan is a good way for U.S. workers to save for retirement on a tax-advantaged basis. A 401(k) plan, named after the IRS tax code section that details 401(k)s, is an employer-sponsored retirement plan that enables career professionals to save money for […]
Trump signs executive order to boost retirement savings by giving Americans more time to keep their money in tax-deferred accounts and allowing small businesses to band together to offer 401(k)s. Trump described the order as a “very bold action to lower the costs of retirement plans so that they can become an affordable option for businesses of […]
Most people think about investing in real estate in their personal name or holding it inside an investment company (such as an LLC). But many people are discovering that there are other options, including Self Directed Individual Retirement Accounts (SDIRAs) or Solo 401k and the like for real estate investing. That’s right, you can hold […]
Multi-Family investments are a wonderful way to create an additional income stream. As with any investment, there are pros and cons you should be aware of. In this Blog post, we will review the pros and cons of multi-family investments. The more you know about what to watch out for, the better decision you will make […]
“YOUR PENSION IS UNDER ATTACK AGAIN” Many retirees from public agencies believe their pension is completely safe and will always be the same. Your pension is “not completely sale” – your cost of living allowance (COLA) could be eliminated and other benefits could be reduced if the current California State Supreme Court upholds three anti-pension […]
401 (k) Millionaires Reach Record High Barron’s Senior Editor Jack Hough on the state of Americans’ retirement savings. As 401 (k) millionaires reach record high, investors warned to keep saving. While many hopeful retirees are celebrating their new status as millionaires, experts warn that $1 million is a drop in the […]
Hear What Others Have To Say…
Ryan’s testimonial: I love Luke’s course ! It has taught me so much already and it’s only been a couple months. It has opened my eyes to so many more real estate opportunities, and will continue to teach me different strategies and techniques on how to make money In real estate. Luke is an awesome coach and a great person to talk to ! I can’t wait to work with him more. Ryan C., Tampa Bay, FL
We purchased a Turnkey Cash Flowing house from Sol Mar and also loaned them money for a renovation opportunity and we are very pleased with both transactions. They are very knowledgeable about real estate transactions, good at customer service and very professional. We highly recommend them for any investor looking for secure predictable returns on their idle cash or IRA. Good company!John C. - Memphis, TN.
As a real estate investment company, we treasure relationships like the one we have with Sol Mar REI. We purchased properties from them and all the transactions went smooth. I am confident we will do many more with them as they understand our business model and deliver. I highly recommend their company to any investor. Sol Mar REI is professional, knowledgeable and service oriented. Richard B.- Texas.