In the midst of today’s unpredictable market, many individuals approaching retirement find themselves burdened with worries about their financial future. This case study delves into the personal story of Dr. James Andrews, a doctor in his early 50s, and his wife, as they navigate the challenges of retirement security with real estate private syndication.
Discover how RESNN Investments empowered Dr. Andrews and his wife to overcome retirement planning challenges and achieve peace of mind through a diversified, tax-efficient strategy.
Meeting Randall Mauro at RESNN Investments
Dr. Andrews had been dissatisfied with his current financial advisor, who happened to be his wife’s brother. Despite having a solid retirement account, recent stock market fluctuations and the lack of protection against downturns raised concerns for Dr. Andrews.
A friend recommended Registered Investment Advisor, Randall Mauro, the owner/founder of RESNN Investments, as someone who not only possessed expertise but also provided a more personable touch.
Initial Conversations and Pain Points
During their first conversation, Dr. Andrews expressed the fears and frustrations he experienced as he approached retirement. The recent volatility in the stock market had left him concerned and unprotected against potential downturns. Randall listened attentively and assured him that RESNN Investments could provide retirement security with real estate syndication.
One key aspect that intrigued Dr. Andrews was RESNN’s unique performance fee structure, where they only get paid if the client’s account grows, aligning their incentives.
Retirement Security with Real Estate Syndication: Diversification and Risk Reduction
During subsequent meetings, Randall asked probing questions to gain a deep understanding of Dr. Andrews’ financial goals and risk tolerance. Randall introduced the concept of investing in real estate private equity syndication as a way to diversify their investment portfolio.
Although Dr. Andrews initially brushed off the idea of real estate private equity. His brother-in-law’s had already had him in Real Estate Investment Trusts (REITs). Randall patiently explained the significant differences between the two approaches. He highlighted the drawbacks of REITs, especially the higher taxes they incurred since they are taxed as ordinary income. REITs are taxed similar to wages, versus the more favorable tax treatment of private equity distributions.
The passive nature of these investments appealed to Dr. Andrews, who wanted to minimize additional responsibilities during retirement.
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Retirement Security With Real Estate Syndication: Tax Efficiency and a Steady Income Stream
To address Dr. Andrews’ concerns about tax efficiency, Randall emphasized the benefits of real estate private equity syndication using taxable accounts. He explained how these investments leverage depreciation to potentially show a loss on Dr. Andrews’ tax return, despite the investment generating consistent income.
This tax advantage aligned perfectly with Dr. Andrews’ financial objectives, further piquing his interest in exploring real estate private equity. Amazingly, real estate investing is something his current advisor had never discussed.
Additionally, he mentioned the potential benefits of real estate investments in terms of preserving capital. Since they tend to be less volatile compared to other market-based investments.
Building Trust and Growing Investments
As the conversations progressed, Dr. Andrews and his wife felt a growing sense of trust in Randall. They decided to start their retirement planning journey with smaller investments in two real estate private equity deals, gradually expanding their portfolio allocation to real estate syndication to about 20%. This strategic move provided them with a sense of security and peace of mind, as it acted as a hedge against the volatile nature of the stock market.
Over time, as Dr. Andrews and his wife witnessed the positive results of their real estate private equity investments, they gradually moved all their investments to RESNN Investments. They appreciated the fact that RESNN Investments handled their entire investment portfolio. Stocks, bonds, as well as their new investments in real estate private equity.
Personalized Service and Ongoing Support
Dr. Andrews was particularly impressed by the personalized service they received from Randall at RESNN Investments. They valued the direct access they had to Randall whenever they had questions or concerns, reinforcing their belief that their financial well-being was genuinely cared for. They were never passed off to a partner or assistant, and they could always count on Randall’s personal attention and expertise.
Retirement Security With Real Estate Syndication: Conclusion
Dr. Andrews’ journey with RESNN Investments exemplifies the significance of finding a financial advisor who truly understands and addresses the specific pain points of individuals nearing retirement. By diversifying their portfolio through real estate private equity syndication and benefiting from tax-efficient strategies, Dr. Andrews and his wife found the peace of mind and retirement security they had longed for.
The ongoing support and personalized service provided by RESNN Investments further reinforced their trust in the firm, establishing a long-term partnership based on mutual understanding and shared goals.
Disclaimer: This case study is for illustrative purposes only and should not be considered as financial advice. Real estate investments involve risks, and individuals should conduct thorough research and consult with professionals before making investment decisions.
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