Retire on Real Estate: Building Rental Income for a Safe and Secure Retirement by K. Kai Anderson. 2018. AMACOM, New York. 272 pp.
For many people, retirement planning can feel like driving through a maze of impersonal goals leading to poorly marked traffic circles of confusing choices. However, for persons who prefer personalization with their investment decisions — including active participation in sourcing the retirement income — consider reading Retire on Real Estate. By adding to the subject genres of personal finance and real estate, author K. Kai Anderson aims to help readers develop an understanding of why rental property can serve as a key component to diversified retirement plans.
Retire on Real Estate is a fresh take on a source of income in the retirement years, for which some investors may find appealing beyond the standard Wall Street-only dependency. The author shares her ideas on how to go about acquiring income-producing real estate, as well as enumerating the risks and benefits she sees with managing investment properties. The nest egg as metaphorical device lends a sense of universal familiarity across the three parts of the book, published by AMACOM.
Retirees, plus younger workers who plan on eventually retiring, may wish to read Retire on Real Estate along with their financial advisors and tax accountants. Keep in mind, subsequent to the release of the book, the recent passage into law in the United States of the Tax Cuts and Jobs Act of 2017 has jolted previously long-held assumptions about deductions and depreciation, among other matters. Another group of prospective readers should include: trust real estate property administrators, real estate asset managers, and private wealth managers – because if their clients like to stay engaged in the real estate investments, Retire on Real Estate may augment their clients’ knowledge and inform their conversations together about real estate as a long-term asset class in a retirement portfolio.
- January 2018