How do you make more money in retirement?

Do you know how much money you need for retirement?

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  • | 12:00 a.m. June 2, 2023
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It’ll differ from person to person, but one thing is for sure, you don’t want to be working until you’re 80 just to afford to live. Heck, most of us don’t want to be working past 60, much less wait until 67, the new retirement age. Every day, the cost of retirement seems to increase, but your financial situation isn’t changing enough to compensate. So, what do you do? 

There are a few ways to help yourself, but the primary recommendation is called ancillary income streams. This is a way for you to make money, without working your full 40-hour week, and allows you to still have the cash flow to use into your retirement years without having to penny-pinch or scrimp and save. 

Tell me more.

If you’ve been here for long enough, you know we’re a bit biased, and with good reason: investing in the Jacksonville Real Estate Market works. We have tons of client stories to prove how successful you can be.

Today we’re going to talk about the Meleen’s. Ken, Carolyn, and their daughter started investing with JWB in 2019. So far, they’ve purchased 6 homes with us, and continue to add to their portfolio as it makes sense for them. In the first 2.5 years of investing with us they earned $83,000 in rental income.

Who could complain about anything like that?

Certainly not the Meleen’s. Even when the pandemic hit in early 2020, they were nervous and hesitant. With a deal on the table, they weren’t sure if it was going to be the best decision for them. They listened to the Not Your Average Investor Show and through careful consideration, decided to pursue their 3rd property and haven’t looked back since.

That’s the power of the JWB team and our clients. We’ve created a true community of like-minded investors who are all focused on the same long-term goal: financial freedom. 

How do you get started?

You might be wondering how you’d get started in something like this. Ken + the Meleens only began in 2019, and he’s 83. So what did he do?

Well, they lived in California. And when they realized they were going to need more cash flow in their retirement, they pursued the natural course of action: looking at rental properties. The problem was that Californian rental properties weren’t going to provide them the same ROI as other markets, and they knew it. So they were forced to look elsewhere.

When Ken stumbled upon JWB, it was a referral from his piano instructor. What are the odds! 

The Meleen family loved the statistics that we provided, but couldn’t help but feel hesitant about the distance where his properties would be on the literal opposite side of the country. 

But that’s where JWB made it easy for Ken. Between our Not Your Average Investor community, and our vertical integration approach, the decision to invest with JWB became a no-brainer and they dove head first with 2 properties right off the bat. Our team put them at ease and continues to excel in building truthful and trusting relationships with our clients. 

So if you’re feeling hesitant one way or another, take it from Ken. They used the equity in their California home to fund down payments for their rental properties. He even sold bonds that weren’t performing as well to help. And where did that land him? Making enough in rental income that he can pay off his loans, and equity loan, and still have positive cash flow. 

That’s the power of the Jacksonville market, and especially the benefit of investing with JWB. So if you’re wondering how to make more money in retirement–look no further. Give us a call and we’ll walk you through the process, one step at a time.

Gregg Cohen | Co-Founder, JWB Companies

I love to talk about investing in rental properties! You’ll often find me hosting the weekly Not Your Average Investor Show, contributing to the JWB Real Estate Capital blog, and in our Facebook group connecting with the community & sharing insights.



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