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7 contributions to Retirement CASH FLOW
What’s one quote that has always stuck with you?
Not necessarily about money…or business Just a quote that hit you at the right time and never left. Mine is from Rich Dad Poor Dad: “If you want to be rich, simply spend your life (looking for and) buying assets.” That one line changed the way I looked at money, investing, and even everyday decisions. 1998 for me. Some quotes wake you up. Some keep you going. Some change the way you see the world. 👇 Drop your favorite quote in the comments and tell us why it means something to you.
2 likes • 18h
Get busy living or get busy dying - Shawshank Redemption - Our license plate is our reminder: BZYLIVN
25 year version of yourself!
Do something Today that the older version of yourself will be grateful for! I'm fortunate to have started to do some things back in 1999 that have been a game changer for me these 25+ years later! You are not allowed to say that, well...things are different today, everything is more expensive, there are no more deals out there to be had... Blah Blah Blah! We just acquired a property last week! The deal of a lifetime appears once a month if you believe that and...you are constantly on the lookout and, if you know what a deal of a lifetime even looks like. When you think of a deal of a lifetime, what does that look like for you? You may be into antique cars or high end watches. I was into rental properties locally. I liked 2 family houses in my early age of thought process. One roof, one furnace, one building, 2 incomes. Has my thought process changed over the years? Absolutely! Could I cash out on these houses I acquired and transfer them into other types of real estate or a completely different asset? Yes! Doing shit gives you options, many options!
25 year version of yourself!
0 likes • 6d
@Mike Ruscica 🤣
1 like • 6d
@MARIE BEATRICE JEAN PAUL EDME Yes!
Who gets the 💲💲 call?
We love when title companies call our 800 number! You look at your phone..who the F$^% is calling me from Michigan? "Hi, this is Paul from Chicago Title in Muskegon, Michigan.I'm calling about a property at XXX East XXXX Avenue.We are looking to get a payoff of the mortgage that she has on the property. Can you please call me back, so I can get a payoff, please?Thank you." SWEET!
0 likes • 11d
We have a "Happy Payoff Dance" Party!
Social Security experience
3 years ago I was having a conversation with a good friend and we got to talking about SS. She said look into taking it at the youngest age possible (62) because the longer you wait, the longer you need to live to make it equal the same thing. Sounds logical. If I wait to take it at full retirement age (67) I would have to live until I'm 79 to break even! Sounds even more logical, Right? Now my monthly payment does increase slightly every month that I delay after 62, and this is the Government Actuaries F'ing with our heads! See Fig 1 At the time of that initial conversation I was 63 and 6 Months. I filled out the paperwork and with a snap decision I was going to begin the 3 month application process! I'm beating the actuaries at their own game What are the odds? I basically started collecting at 64 and then realized I had to stop making any money over $28k or my monthly payments would get cut off. I would not lose the money but the payments would get deferred. Last year we did make more than $28k and I ended up in the penalty box which was not a big problem, But now I'm back! I'm old enough to make as much as I want again! (66 3/4) I'm free Free Free! Let me know what your thoughts are on Social Insecurity. Will there be any left for you? Is SS a part of your retirement plan?
Social Security experience
2 likes • 11d
That's an interesting question! I've been pondering this with a couple years left until qualifying. When my Mom became eligible she made below the threshold and she had medical issues. I encouraged her to take it and enjoy it and travel a bit. That worked to her advantage as she sadly didn't make it past the break even point. For myself personally, I am loving what I do and plan to have that earned income to at least 65. (As a self-employed business owner, the cost of insurance and those medical benefits play a big factor in planning). Once 65 hits then I will reevaluate if I want to to wait longer or start taking it. I was always a skeptic on what would be left so didn't rely on it. But if it's there, I want to strategically use it - especially after paying in all those years (and yes we've paid ourselves a reasonable salary with SSI and Medicare deductions out of our S corp).
Who is using a Self Directed IRA?
Drop a comment below. This is truly important
4 likes • Jun '25
Yes! Since late '90s through what was Mid-Ohio the became Equity Trust. So many great options out there now.
1-7 of 7
Tracy Z
2
5points to level up
@tracy-z-1901
I love real estate notes, seller financing, and partials! I started in notes 35+ years ago after realizing I'd rather be a lienlord vs a landlord.

Active 17h ago
Joined Nov 20, 2024
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