How To Retire Early by Investing in Real Estate
Many people aspire to leave the workforce ahead of their peers, and at a relatively young age. But doing so requires a lot of careful planning.
Not only do you have to start saving and investing from an early age, but you also have to make sure you're putting your assets into accounts that will be accessible to you when you need them. Funding a 401(k) or IRA, for example, is a smart move due to the tax benefits involved. But you can't tap one of these plans without penalty until age 59 1/2. If your goal is to retire in your early 50s, you'll need another income source to rely on.
That's where real estate comes in. If you're willing to take some risks and put in some time, you may enjoy a lot of success with real estate investing -- so much so that you're able to end your career on your preferred timeline.
Source Fool.com
