The worst thing you can do when you feel behind on retirement is to try to catch up fast.

I've seen it happen. Someone turns 55, they look at their 401k, panic and start swinging for the fences.

They pile into crypto, they go into syndications promising 20% returns, they try to flip houses with no experience,

and instead of catching up, they blow up what they already have. There's a better way. It's slower.

It's a little more boring, but it actually works. I call it building a rental pension, and you can do it in

about 10 years, even if you're starting from behind. Let me show you how.

So I want to tell you a story about the two-minute drill. I used to play a lot of football.

You can see my Clemson University football helmet in the background there.

And just imagine that your football team is down by six points at the very end of the game.

There's less than two minutes to go.

Your quarterback has the ball and they have the entire length of the field they need to drive in order to of the game. There's less than two minutes to go. Your quarterback has the ball and they have the entire length of the field. They need to drive in order to win the game. Now, for a non-football player, the impulse might be to throw the ball as far as you can, 60, 70 yards. That's the quickest way to win, right? Wrong. The way to win the game is to do something called the two-minute drill, which means you take what the defense gives you.

If you watch a quarterback, they're often going to throw little three or four-yard passes to the sidelines very quick. And yes, they have a lot of urgency. They're getting up to the ball really fast. They might take a scramble where they run the ball for five or six yards. Maybe every once in a while take a longer pass for 15, 20 yards down the field. But the theme is they're taking low risk, they're going

quickly, and they're moving down the field in order to win the game. That's the way football

teams win a game in two minutes drills. But in real estate investing, when you feel like

you're late in the game, it's the exact same way. The people I've known who've been able to

build a retirement income, a pension in less than 10 years, they took what the market was giving them. They did lower risk deals. Yes, they had some urgency. They didn't waste any time, but they did one deal and then another deal and then another deal. And each time they did it, they learned a little bit more, they got a little bit better, but they weren't taking huge swings, big long passes down the field, and taking big risks. So in the rest of this episode, I want to show you how to do the equivalent of the two-minute drill as a real estate investor so that you can get to whatever your goal is as quickly and as safely as possible. Okay, so if we're going to run the two-minute drill as an investor, the question we have to ask ourselves is how do we know when we've reached the end zone? How do we know when we've scored and we've won the game? So from a financial standpoint, there's two ways to go wrong here. One way to go wrong is just listen to a bunch of podcasts and hear somebody else say a number and they're like, I want to make $200,000 per year or have $5 million in wealth. You have these big, huge pie in the sky numbers, which aren't attached to your real life. That's one way to go wrong. Or probably even worse, is just not having any number at all. I want to give you, I want to simplify this a little bit, something that works for me personally, is to talk about something called an income floor, an income floor.

This is something I wrote about a lot in my book, The Small and Mighty Real Estate Investor.

I actually got this concept from my blogger named Darrow Kurt Patrick over at can I retire yet.com.

And the idea of an income floor is just to think about for yourself.

And I encourage you to do this right now and pause it and think about it for yourself too.

What is the amount of money that you need per month or per year, whatever, whatever works

for you in your mind, how much money do you need when you are financially free or when you

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