Gardner Logo Happy Halloween OCTOBER
2019
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WHAT ARE YOU WORKING FOR?

It’s a simple, yet potentially complicated question. According to Business Insider, the average American spends 90,000 hours at work over their lifetime. (Unfortunately, that same study reveals we also spend 100 hours of our lives on the daily commute). Ninety thousand hours of work in our lifetime; that’s a lot of time!

For many of us, we work long hours to take care of our family, ensuring they have a path to a successful future. For many of us, it’s to ensure that one day we can retire comfortably.  A recent study found that only 39% of Americans have enough savings to cover a $1,000 emergency. Another study by Bloomberg shows that two-thirds of all Americans aren’t contributing at all to a 401(k) or other retirement account through their job. Along with your 401(k), we have another option for investing enough money for retirement.  Have you thought about making real estate a part of your wealth plan?

 

HOW TO MAKE REAL ESTATE A PART OF YOUR WEALTH PLAN

One of the best ways to save up for retirement and live a comfortable life is to start buying rental property now. That way, after you’ve worked all 90,000 hours (hopefully much less) and you’ve reached retirement age, the property/properties will be paid off. Want some even better news? Living locally makes this even more doable, with more than half of the city being renters.

So think about this: the average rental price in the New Orleans Metro area is around $1600 a month. That means that you could earn $1600 a month in mortgage-free rent. Multiply that by a few rental properties, and that could be what you need.  

Check out all of the possible investment properties in the Greater New Orleans, Baton Rouge and Mississippi Gulf Coast areas.

I would love to sit down with you to show you a path to making real estate part of your wealth plan. We know the thought of retirement can be scary, but if you have a plan, you will have peace of mind later. That means that fishing holes, sandy beaches, open roads and many more adventures await you in retirement!

Contact me today to get started on making real estate a part of your wealth plan and creating the life you love!

Hello Friends

It's been a few months since I've dropped you a few lines and said hello.

For me, this summer flew by; but I am grateful we did not see any major hurricanes. In reality--we haven't had much rain at all. Between watering the grass and trying to stay hydrated, I can say it was a HOT summer.

Accrding to the calendar we are in October, but I'm still wearing my summer outfits, still watering the lawn and still doing my best to stay hydrated. I'm sure you would agree--a cool front will be a welcoming relief.

Reminder----please watch out for Trick-or-Treaters later this month.

Have a Great October & don't forget to call me if you hear of someone who is in need of a Realtor.

Donna Gallo »
REALTOR
Donna Gallo Cell
504-494-1248
Office
504-340-9211 x4125
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