Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. for retirement.

Hi, everyone.

Welcome back to another episode of Ready for Retirement.

I'm your host, James Cannell.

Today's episode, we're going to be talking about how to incorporate real estate into your retirement plan and how does it fit with the other investments?

So last week, if you were tuned in, we talked about real estate as a whole and is it a good

investment and how to compare it to other alternatives and other options within your financial

plan. Today we're going to take a closer look at how does it logistically fit? How do you

combine the income from real estate with your other assets

in your financial plan? Now, this episode is based on a question, and this question comes from

Christine. Christine says this. She says, hello, we love your YouTube and podcast content. We have

$525,000 in a 401k, $1,000 in a pension. We haven't decided if it's a lump sum,

annuity, or a rollover yet, and $2.5 million equity in real estate investments. We know

the 401k in pension are not enough to sustain us throughout retirement, so here's our question.

How can we use the equity in our real estate investments for retirement income without having to sell?

We want to retire next year at the age of 59 and a half.

We'll need approximately $100,000 per year in retirement.

End question.

Well, Christine, thank you very much for that question.

And it's a question I get quite a bit of and something I think that will be helpful to explore.

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