Did you know that you can use money held in your retirement account to buy your retirement home in paradise and also earn income for the account as well? If you have not heard, you are not alone. Large financial institutions, like Wells Fargo, Chase, Goldman Sachs, etc., purposely keep you in the dark about self-directed retirement plans where you can buy domestic or foreign real estate, income producing businesses, make loans and collect interest or engage in many other activities that can earn a better return for your account than the stocks, mutual funds and commodities that they sell, and as we have already seen they sell products that they know will eventually fail. They make a bundle whether you win or lose.
A self directed IRA or 401k is one excellent way to keep your retirement account protected from wall streets brokers and they are easy to set up and manage. For instance, one could purchase a home in a sustainable community with money held in a retirement account or even go into a partnership with their IRA or 401k using some personal funds. After closing escrow, it can be put into a rental program and your retirement account will begin to grow again as it collects the rental income from the tenants. With only 50% occupancy and a competitive rental price, it’s feasible your IRA or 401k account could grow faster than it ever did before from the rental income being collected and within a decade you could have all the money you paid for your dream home back in your account. Many people believe sustainable communities will be the most sought after places on earth to live healthy, stress free lives in the near future given the things we are seeing taking place around the world.
Just imagine what it would be like living in a tropical paradise overlooking the pacific ocean with to-die-for views and sunsets. Think for a moment about what it would be like to live in a community with people that have a passion for living and worries are a thing of the past. Imagine living at a resort surrounded by tropical rainforest and yet banking, hospitals and grocery store are minutes away. Imagine drinking pure water from your own mountain spring along with all the organic food your family can consume from the community farm.
If it sounds like a fairytale, we understand, but don’t let it hold you back from finding out more as it is already the reality for a lot people in our community. One development we are aware of is attracting people from around the globe using this exact community model. Take some time to understand the reasons this lifestyle is so attractive to people living this way and you’ll grasp why a community like this is so right for the times. Everyone needs someplace to live…. correct?
For more information on using retirement funds to purchase real estate and buy your retirement home in paradise now visit this page about using retirement funds to buy real estate.
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You can try calling me if you like at 818-561-5602. My name is Duane and I am available to talk with you regarding the use of IRA or 401k funds to buy your dream house in Costa Rica and make more money for your retirement account in the process.
