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Retiring early may sound like a fantasy, especially in today’s economic climate, but financial guru Dave Ramsey assures us that it is entirely possible with the right strategies – one of the most effective being investing in real estate.
In his recent article, “How to Retire Early: Everything You Need to Know,” Ramsey outlines several critical steps for those who want to retire from the workforce sooner rather than later. Beyond the basic financial adjustments such as cost reductions and income increases, Ramsey highlights the transformative power of real estate investing.
Why real estate?
According to Ramsey, investing in real estate offers a solid way to generate passive income and steadily build wealth over time. Although traditional retirement accounts like 401(k)s and IRAs are essential, they come with age restrictions and penalties that may not be compatible with early retirement plans. Real estate, on the other hand, can provide ongoing cash flow, whether through rental income or appreciation, making it an excellent “bridging investment” to fund your early retirement years.
Start investing in real estate with any budget
Understanding the power of real estate is one thing, but not everyone has the capital to purchase real estate outright. This is where Arrivald, a platform backed by industry giants like Jeff Bezos, is revolutionizing the investment landscape. Arrival lets you buy shares in rental properties for as little as $100, making investment properties accessible no matter your budget.
Arrival has already made significant progress in democratizing the real estate market. The company has fully funded over 370 properties and has more than 580,000 registered investors. In the first quarter of 2024 alone, the platform paid out over $1 million in rental dividends, contributing to a total of $4.5 million to date.
How does Arrival work?
Arrived simplifies the investment process. Investors choose properties they trust, buy stocks and earn dividends from the rental income. Each property is professionally managed, meaning you get all the benefits of being a landlord without the hassle normally associated with property management.
Whether you are an experienced investor or new to the scene, Arrivald offers a transparent and straightforward path to expanding your real estate portfolio. Ramsey recommends always paying full amount for investment properties, and most of Arrivald’s property listings have no leverage, significantly reducing risks.
Take action today
Ramsey’s advice is clear: If you’re serious about retiring early, incorporating real estate into your investment portfolio isn’t just an option; it is a necessity. With platforms like Arrival, getting started is easier and cheaper than ever before. Why wait? Start your journey to early retirement and financial independence today by exploring the options available at Arrivald Homes.
Click here to explore Arrivald’s offerings and work toward your early retirement goal.
Image by Gage Skidmore via Flickr
This article Do you want to retire early? Dave Ramsey’s surprising tip for accelerating your retirement originally appeared on Benzinga.com