I'm in love with the conversation of early retirement. And today, I'm going to
share some statistics with you that for me when I got a hold of them, I was like,
"Man, that is mind-blowing. Someone has done the math on how we need to think
and act differently if we actually want to retire when we want to." So today,
instead of you getting the 50-year plan for retirement, I'm going to teach you
how to shave it down to a mere number of years.
I am so in love with the conversation of early retirement. Like, it's always gotten
me jazzed. It's... It's felt like a challenge. Like I want to retire earlier.
What I'm about to share with you is going to be shocking but then I'm going to
share with you the ultimate hack so you can figure out how to retire in a
fraction of the time. It's going to take everybody else if they ever get there at
all. The amount of money that you save, if you are earning 7% on it, it's going to
correlate to when you can actually retire. So, check this out. If you're
saving 10% of your income, it's going to take you at a 7% return. It's going to take
you 51.4 years to be able to retire. But if you were saving 25% which
if you think about, that's a ton. That's a quarter of everything you make. If you
saved a quarter, that you could bring that down to 31.9 years.
Don't get too depressed yet. If you save half of everything you make, you can
bring that down to 16.6 years. Don't cry. And if you save 75% like
almost everything that you made, then you could actually retire in 7 years. Now.
cry. Isn't that painful? And those numbers are optimistic based on a 7%
return that no one is giving you in the financial world. It's like, "Man, there has
got to be a hack on how to retire way sooner, right?" I want to share it with you
right now. We know that time is fixed and we know
that the 7% was fixed which is why we got 51 years all the way down to 7.
The only thing that you can really change is compounding a better ROI and I
wanted to share with you right now like the ultimate hack in real estate for
which I am madly in love. Like check this out with me. Let's just say for a moment
that you had worked your butt off and saved $100,000. If you
put that money into the stock market, how many stocks could you buy? You could buy
$100,000. bBt if you put it into real estate, for 100
thousand dollars, how much real estate can you buy? You can actually buy 5
times that. You can buy $500,000. Now, the reason why you
need to understand this this concept of leverage in the way that I'm going to
help you accelerate your retirement so much faster is that I want you to think.
Let's just say that my stocks were earning me 10%. 10% on 100 grand is how much
in profit? That would be 10 grand. Because I have a hundred thousand exposed that
earned 10% on it. If I've taken $100,000 and bought 500
thousand dollars of real estate then it also goes at 10%, then what does
that mean for real estate? Well 10% of 500,000 is what?
It's $50,000. So, look at that. 10,000 versus 50,000
on the same investment. Why is this one 5 times bigger? Because real estate
gives me 5 times the leverage. I'm averaging 28% a year on
my last several thousand deals. Why? It's all right here. It's because real estate
gives leverage. So, if you want to say, "Well, Kris. I can only save 10 or 25
percent of my income. But I don't want to wait 30 to 50 years. Now,
it's going to get wilder. Like are you ready for this?
It gets crazy. Because real estate gives you so much leverage, it means that with
a 25% average return, it means that you're doubling your money
every four years. That's crazy compounding money versus
7 or 3 or 4 percent. Which means that every 5 years, generally,
1 property becomes 2. If I buy 2 properties, 5 years later, they're
going to be four. Or if I start with 8, they're going to become 16. Whatever the
number is, in 5 years, I'm doubling it. Something that my stock portfolio can't
do. What that means is that every time you double it, you also double the ROI on
the original dollars. So, if I was making 25% a year on my money,
then 5 years from now when I double the portfolio, I'm not going to be making
50% here on the money. 5-0% And 5 years later, when I
double it again, I'm going to be earning 100% a year on my money. Not
3, not 4, not 7. Like do you get that? If you're not mathematically
inclined, I want to challenge you to re-watch this video and watch it again.
Because this singular principle is responsible for basically eliminating a
digit on all of these goals right here and really shortening the time frame.
That's my friend what I love about real estate. That's why I retired in 4 and
a half years. And I've students that have now done it sooner and quicker and
faster than I have. And I want that for you as well. By the way, if you really
want to know how to hack this system and be like, "Okay, Kris. That sounds amazing but I
would have to know how to get 25% a year on my money/" I got a team of
experts and what we do for people is we create custom million-dollar game plans.
And that million-dollar game plan is essentially where we step into your
shoes and say, "Whether you got money or no money with your older young,
real-estate doesn't care about those things." We'll share with you step by step
what you need to do to become financially free and win your own
independence. And you don't have to wait 30 years. You don't have to wait 50 years.
You can do it a lot shorter than that. But if you want to know exactly how
short, we got a calculator that we use. And you just got to click the link below,
talk to the team and they'll really walk you through exactly what it looks like.
Thanks for watching this video. Make sure you click the link below. If you haven't,
you need to get a free copy of this book. You just got to cover the shipping and
then I'm going to send this copy out directly to you. And that book my friends
really contains the answer to how do you earn 25% a year in real estate that can
turn into 50% a year, that can turn into hundred percent a year. I'm excited for you to
learn. Take care. We'll see you on the next video.