In today’s episode, Rich dives into the 401k and IRA systems – the good, the bad, and how you can utilize them to invest in real estate. He discusses a recent article that reports the average 401k balances for Americans and examines whether this amount is sufficient for retirement in today’s economy, considering inflation and other factors. He talks about some of the drawbacks, such as the risk of 401k devaluation, while also highlighting a few benefits like its effectiveness as a savings tool and the allure of company matching incentives. Additionally, he provides the audience with several alternative avenues to invest their retirement account to accelerate wealth growth. 

--
Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest.

Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.