by Russ Whitney (NAPSA)—If you think you may have to workafter youretire, you have lots of company. Twothirds of baby boomerspolled in a recent survey said the cost of living is too high to truly retire and never work again. And it seems they are right: According to the U. S. Department of Labor, nearly 1 million people age 75 and older are workingatleast part-time. But there are better opportunities available for boomers looking to grow ™) their nest eggs—and A keep the cash com@ ing in after they retire—by investing Russ Whitney in real estate. The benefits are clear: By securing your retirement with income-producing real estate, you will receive revenue from your investments without the restraints of government plans such as the 401(k). What’s more, the property is likely to increase in value while continuing to generate cash flow, allowing you to continue providing for your family— without having to sacrifice your retired lifestyle. Not only can this methodoffer relatively safe, comfortable means to retirement, it also provides a numberof tax-saying strategies. To take full advantage of the potential offered by real estate takes knowledge. You need to know which strategies work in what markets as well as how to recognize and respond to economic cycles, because educated investors can profit in real estate regardless of the economy. Here are sometips to consider: r INCOME-PRODUCING REAL ESTATE can offer a relatively safe, comfortable meansto retirement. Get to know your market. In particular, know what rent amounts are in the area so that you can calculate how much you can pay for a property to gain pos- itive cash flow. Consider multiunit properties such as duplexes, triplexes and four-plexes. With a multiunit property, when one unit is vacant, the othersare still generating revenue. If you don’t wantto actually purchase real estate, consider related alternatives such as mortgage notes and taxliens. So is real estate the new 401(k)? Actually, it’s the old 401(k). For hundreds of years, real estate has increased in value and afforded security for retirees. Smart investing and financial management are proven methods that have stood the test of time. To learn more about the proven methods of real estate investing, visit www.wincorporate.com. Russ Whitney is CEO of Whitney Information Network, Inc. (OTCBB: RUSS) and the author of the “Wall Street Journal” bestseller “The Millionaire Real Estate Mindset” (Doubleday, 2005).
