Here's How To View Real Estate As Part Of Your Retirement Strategy
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 583 Ratings
🗓️ 19 August 2024
⏱️ 23 minutes
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| 0:00.0 | Your home might be a valuable retirement asset to help create income, but it also might be tricking you. |
| 0:06.2 | And the reason I say that is because my parents have a home that they currently live in. |
| 0:10.6 | They have a really healthy net worth, but it's tricking them because they never plan to sell their home. |
| 0:15.7 | They love their home. |
| 0:16.7 | They live in Malibu, California. |
| 0:18.1 | It's a beautiful home. |
| 0:19.4 | Now, many of you know the story, but they were burned by four financial advisors, which is why I became a financial advisor. |
| 0:25.6 | Now, they're currently in their home with no intention to ever sell it because they love where they live. |
| 0:30.6 | But having a healthy net worth and a healthy home value does not mean that you can create any income with it in retirement. So I'm going to |
| 0:39.2 | walk you through how should you view your home in retirement, both the mortgage interest, the |
| 0:44.7 | equity of the home, how could you possibly use it to create a better retirement, but also helping |
| 0:50.3 | you understand do you even need to worry about net worth and how does that actually impact |
| 0:54.6 | your retirement strategy so if you don't already know my name is a r e taubleep i'm a certified |
| 1:00.1 | financial planner i'm the host of the early retirement podcast right here and i'm the vice president |
| 1:05.8 | here at root now what i'm going to be going over today there there are going to be a few visuals. So if you're just |
| 1:11.8 | listening through iTunes or Spotify or Google or Iheart radio, I know all of you are listening |
| 1:18.6 | everywhere, well, that's totally fine and you can certainly do so, but there might be a few spots |
| 1:24.0 | where you go, ooh, I don't know exactly what you're referencing there. I will do my |
| 1:27.9 | best to explain it, but there might be a few visuals you want to see. So with that being said, |
| 1:33.9 | I like to start by always going over a comment of the week, a review of the week before hopping |
| 1:39.3 | right into the content. Now, the reason I want to start with this image that I have up on my screen right now, |
| 1:45.8 | and you can see it here, once again, if you're just listening on the podcast app, I will explain |
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