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Retire early and with more money
Without adding to your current expenses.
Without making any risky investments.
Put yourself in a stronger financial position TODAY!
Don’t look back a few years from now and wonder what might have been.
Take action now because doing nothing means that nothing will change.
Here’s the problem:
Most of us are not saving enough money to retire on comfortably.
Most of the money we earn is paid in taxes and current living expenses.
The worst is our debt. College loans, credit cards, medical, 2nd mortgages, etc…
There simply isn’t much left over to save and invest for retirement.
Here’s the solution:
The ‘smart Loan’ is designed to lower your monthly mortgage payments by 30 to 50% giving you more money to invest for retirement. (Or to buy more property which will also give you more money for retirement.)
The equity in your home does not earn any money. It just sits there.
Your home appreciates in value with market conditions regardless of equity.
Therefore, it does not make any sense to accumulate equity within the home.
It does make sense to accumulate equity outside the home for retirement.
What the average person does to plan for retirement:
- Lets take Jim as an example.
- Jims Monthly income after taxes is $5,000.00.
- He has a $200,000.00 mortgage with payments of $1200.00 a month.
- $40,000 in credit cards, car payments, etc.., with payments of $1500.00 a month.
- Living and entertainment expenses, $1,500.00 a month
- $800.00 a month left over for retirement.
Compounded at 5% will give Jim;
$126,785.00 in 10 years, $333,300.00 in 20 years and $669,703.00 in 30 years
Compounded at 10% still only gives Jim;
$168,300.00 in 10 years, $604,823.00 in 20 and $1,740,000.00 in 30 years
Here is what happens when Jim refinances with a Smart Loan:
- Jim increase his mortgage from $200,000.00 to $240,000.00 (cashing out $40,000.00.)
- With the Smart Loan, Jim’s payments are actually lowered to $700.00 a month even with the higher loan amount.
- This gives him an extra $500.00 a month.
- He pays off his credit cards and car loan.
- This gives him an extra $1,500.00 a month. (Mortgage interest is tax deductible and most often at a much lower interest rate then credit cards or other loans)
- Jim maintains his current standard of living, still spending $1500.00 a month on living and entertainment, only now Jim has an extra $2,000.00 a month giving him a total of $2,800.00 a month to invest for retirement.
Compounded at 10%; (If you’re not sure how or where to invest without market risk for an average return of 10%, this service is free to my clients.)
$589,000.00 in 10 years, $2,117,000.00 in 20 years and over $6,000.000.00 in 30 years.
Compounded at 5%;
$443,748.00 in 10 years, $1,166,566.00 in 20 years and $2,343,962.00 in 30 years.
Alan Greenspan, ex chairman of the Fed, has his mortgage structured this way as do the wealthiest people in the world because it makes sense.
Donald Trump does not own any Real Estate. It is all leveraged! He makes a lot of money from Real Estate because he has complete use, benefit and control of it. He would never dream of paying down a mortgage and letting all that money sit there and not work for him.
With the Smart Loan you have complete use benefit and control of the property AND complete use benefit and control of your money!
Call for a free consultation today! Jackie Turco 702-289-8303
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