Epic Real Estate Investing - Epic Pro Quick Tip : A Realistic Plan for Financial Independence

Episode Date: November 8, 2012

Matt Theriault of Epic Real Estate Investing and the Epic Pro Academy imparts a realistic plan and investment strategy for financial independence, and promises it's not another tall tail like the ones that have established themselves in society as unequivocal truths. "Recently, I came out of retirement and went back into active real estate investing. I doubt I'll ever retire, but it's nice to know that I can. I've positioned my life where I have that type of liberty, and it's my goal and passion to help others do the same. This video is about a realistic early retirement plan. It's not another tall fable that so many of us have become accustomed to hearing. This plan will not only show you how to retire, but how to retire while you're still young enough to enjoy it." -Matt Theriault Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey Matt here from the Epic Pro Academy with another quick tip for you. You know, it's been a while since we've had a chat, so hello, I've missed you. Now recently I've come out of retirement with regards to my actual investing in real estate, my active investing in real estate, and for a few reasons. And I'm going to let you in on that as to why in the next episode of the podcast, but there's something I want to share with you right now as it's relevant to all of you. You know, I just mentioned that I came out of retirement. I'm in a position where I can duck right back into a comfortable retirement anytime that I want.

I mean, that's just the type of life that I've set up for myself. I mean, I doubt if I'll, I don't know, I'll ever completely retire, but it's a great feeling to know that I can. And I want the same for you. So my question is, what's your retirement going to look like? What's your plan? What is it going to look like once you get there? I mean, does it include bright sunshine and a beach?

Is yours to spend quality time with your grandchildren? children? Does it involve endless rounds of golf and early mornings filled with fishing? Maybe your retirement plan involves traveling the globe, traveling the world. I mean, all of these plans for retirement, they sound great. However, rather than placing a lot of focus on the destination, what about the journey? I mean, how long is it going to take you to get there? And how will you actually do it? You see, understanding how you can reach those relaxing retirement years is much more important than knowing what you want to do when you finally get the chance to enjoy them. You see, with all the work, work and more work that you put into your daily existence,

it would be tragic for you not to achieve the perfect retirement dream. I mean, that would be an absolute shame. And sadly, it is, or it will be, the reality for 95% of the population. But you know what? It doesn't have to be. You see, we spend most of our lives working and working, saving and saving, accumulating and accumulating with the hopes that one day our journey will end at a big shiny pot of gold labeled security.

Now, you know, you know as good well as I do, there isn't a pot of gold there waiting for you. I mean, that would be an unrealistic expectation. As well, the traditional roadmap we follow to our retirement years is also very unrealistic. In fact, I'd like to label it as a fable. It's a myth. I mean, it's just as much of a myth as the pot of gold we were told and is sitting there, at the end of the rainbow waiting for us. You know, in this wonderfully weaved tall tail, we've all been told to work, pay off our debts, and accumulate savings in devices

like a 401k IRAs, stocks, mutual funds, annuities. And then after many, many years of working, we will have saved enough, which will provide us the security of income to savor our fleeting last years of life. I mean, maybe you're okay with this. But if that doesn't sound great to you, I've got a better way to do it. Now, instead of basing your future, on accumulation, your retirement plan should be based on residual income. Creating multiple streams of passive, automatic residual income is a sure-fire way to ensure that you can enjoy your retirement years. And not only enjoy them, but enjoy them while you're still young enough to do so. I mean, this plan for retirement is a roadmap to freedom,

independence. And properly done, it puts you on a path to not only a comfortable retirement, but an early one as well. Now, an ideal source of residual income is rental real estate right I mean it's why I'm so passionate about it it's why I created a vehicle a platform to inform people about it you know investing in real estate is ideal to creating an early retirement or or overall financial independence if you will you don't have to call it retirement just independence and it's ideal because in addition to creating a residual income you can benefit from equity buildup epic tax

advantages the wealth building power of leverage but most Most of all, you can actually control your residual income with really no extraordinary effort on your part like no other investment vehicle provides. You have control and that is invaluable to your future. Control. You know, these benefits, they're paramount for a realistic plan for your financial independence. So here's how you can really speed up the process even. I mean, instead of taking the money that you make from your rental properties and saving

it, put it back into an asset that produces more residual income. Now watch your residual income compound like before your eyes as opposed to watching your interest compound. I mean, that's equivalent to watching paint dry or watching grass grow and it takes 30 to 40 some odd years for it to really kick in. But not an asset that produces residual income. You can watch that and enjoy that right now. Now that asset could be more rental property.

It could be an automated business or even an online business and that is exactly what I have And it's why I can confidently recommend this path to you as realistic because it's my reality and I want it to be your reality too and and to get started all it takes really is just a shifted mindset So modify your current goals of making and saving a lot of money to creating multiple streams of residual income Shift from an accumulator to residual incommer So to sum this up I presented to you an alternative retirement plan a financial independence plan and And in this plan, you no longer trade time for dollars. You no longer save year after year and hope for the security to enjoy a few final years of your existence.

Your goal in this plan is not to find some magical destination where life finally begins. No, instead you begin to invest your time and money producing assets which provide automatic monthly residual income. You repeat the process again and again and watch as a path of early retirement and freedom, A path of independence materializes before your very eyes. Now, it's not going to happen overnight. But you know what? It's not going to take the 40 to 50 years that the traditional plan is going to take either.

I mean, in this plan for retirement, your journey and destination, they come together as one. You enjoy your life right now when it's happening and you get to enjoy the abundance and happiness and blessings that financial independence brings with it. I mean, doesn't this sound like a much happier ending than praying and hoping for a pot of gold? You know, hope is not an investment strategy. It's gambling. So don't gamble with yours and your family's future. I'm Matt Terrio of the Epic Pro Academy.

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