Ranking the top 5 Lifetime income streams for retirement

[King Solomon]

1. Rental properties: find a superior location like in military locations, low cost renovation to add rooms, do a room share type of rental, rent to mainly military, find ways to generate as many streams of income as possible, turn it into a tax fee shelter, leverage this rental for more rentals and or acquire apartment complexes.
A. This is by far the best retirement plan because is you have more control in this stream than any other option.
B. Protected from inflation
C. Tax free if done correctly (land parents and changing your political status)
D. U can generate more than 10 different streams of income from one property.
E. You can retire if one moderately sized property
F. These are very high paying life long streams of income.
G. U can leverage your home to acquire another property without spending a dime if your own money.
H. Multiple lump sum options
I. you can start earning as soon as you land a decent paying job and build up above average credit which you can do as a teenager in school or a parent cosign it
J. You can start with no money down.

Cons
A. You will have to put money into the home as things so break down over time even with the highest quality items. There are certain types of homes built to last centuries without needing upgrades but the appliances will break down.

B. It's still has some hands on requirements but this comes with having control. You can open to pay a property management company to handle things for you. There are a couple methods around this.

C. Worst case scenario you could lose the home and insurance might not cover it. Be careful when reading the insurance contracts and updates.

2. Purchasing already profitable small businesses

This is 91 percent of people that bring in over one mil per year are small business owners. The process is a simple rinse and repeat process to accumulate as many businesses as your heart desires. This is how Warren Buffet became wealthy.

A. Can be purchased with little to nothing down via owner financing which is how 61 percent of businesses are sold.
B. U can start ASAP.
C. You have an incredible amount of control as sole owner
D. You are selecting winners only and don't need to put in all the time money debt blood swear and tears into the business as the previous owner did that for you
E. You are selecting only the extremely profitable businesses or the ones that should be but just need a couple minor adjustments.

Cons
A. Not guaranteed lifetime income but this is y u r picking the long time winners from baby boomers bear death and want out. Or maybe they did die already and never created a will or trust.
B. Early on, the acquiring these businesses and making them fully autopilot is hard work and hands on but at one point all the businesses should be running 100 percent without you.
C. Market fluctuations and regulations can reduce your annual profits which is why it's smart to diversity your portfolio in various asset classes.











3. Occupational pension plan: do your research on the occupation that has the highest payout for the least amount of years and highest annual increases


These only exist in the government and the military has gotten rid of the traditional pension. If you want to be a wage slaves for at least 20 years and a low income earner then you may as well at the very least get a jobs that pays you for life.
A. Semi protection from inflation but not even close to rental properties.
B. Guaranteed income and not influenced by outside sources unless there's a complete collapse of the government
C. Solid returns but varies greatly based on your occupation and specific government agency and time in service.

Cons:
A. you have zero control after you retire
B. Insane levels of taxes to death
C. Normally you have to wait at least 20 years to receive the pensions and if you want to fully retire normally it takes 30 years unless you are in Congress or moved up to the top of the food chain.


4. Life insurance
A. Guaranteed lifetime payout depending on your plan
B. Can be affordable depending on your plan
C. Can be hands free or hands on.
D. Can be affordable or expensive
Tax free.

Cons:
A. You won't be collecting until you are extremely old.
B. Red tape has been preventing those who have received the covid vax, from receiving payout.


5. Annuities
A. Fixed rates and guaranteed payouts for life.
B. Tax free
C. You can roll your IRA or 401k

Alternatives
1. High dividend yielding mutual funds.
2. Reverse mortgage which is using the equity of your home for no tly payouts or a lump sum.
3. Social security: designed obsolescence as these retirements. Probably will not exist in Dove year. You have to be nearly dead before you receive these checks. They are not even close to covering for inflation. You are triple taxes on said.

4. Bonds ,CD.s savings accounts all make next to nothing for returns


Probably 99 percent of the people on here don't even know about or care about the their retirement. You should start planning your retirement now.

 

[King Solomon]

The businesses rapid growth cannot be matched by real estate. However they are a little bit harder to land deals, more hands on and a little harder to make them life long streams of income.

In order to make the businesses a life long guaranteed to be a life long passive income stream you would need to
1. Acquire at many businesses from various niches.
2. Ensure they are very profitable and built to last.
3. Do some minor adjustments and optimization processes to ensure they are life long streams.
4. Have a process that works at a high ratio to ensure you profit the most from each business and get in for low to no money down and have 100 percent ownership.
5. Write down all your processes for your businesses and hire a CEO to run the business for you to make it for the most part passive income. This includes processes for finding the deals and background research on the business itself.
6. Your local library has basically all the information you will ever need on any American business you want to lookup and it's free and you should be able to access this information free online at your own home.


Businesses have better returns year over year when compared to real estate but slightly below stocks. The difference is you have very little control over your stock at all but with your business you have just about complete control.

The niches that have the highest returns are tech, health and wellness, renewable energy and finances. Basically these are around 30 percent year over year. The first three years is rapid growth but you are looking for looking term successful companies.

To go even deeper you can find the most successful types of businesses in each niche


The main thing you are looking for is long term success batting 1.000. this is your retirement strategy not growth only.


Growth strategies are the best in ownership of startups by being a shark for a 100z return in five years or penny stocks or small market cap cryptos during the end of the bull run or begining of the bear markets.

If you are ok with putting some risk on the. Table after already building a substantial net Worth then put in about 1 percent of your net worth during a bull run into 10 of the assets in one asset class. If u go with crypto then after 3 months cut down the investments from ten to 2 after a month then from 1 to one after 2 months. Invest when the market hits the bottom or as close to the bottom as possible or get A new coin as it comes out.

 

[JohnDoe]

Solomon i have some new ideas i have come up with, i will PM you and respond to your previous conversation aswell later tonight, i am interested in knowing what you think about it.

 

[King Solomon]

Solomon i have some new ideas i have come up with, i will PM you and respond to your previous conversation aswell later tonight, i am interested in knowing what you think about it.

Ok, let me know ASAP as I may be leaving this earth fairly soon. My time is short but I will do the best I can.

New Ideas are great but to get a solid foundation I recommend what has worked for many of years. Once you have a foundation of passive income and the free time as well as more capital and business credit and contacts then using trying these new ideas have a vastly better chance of working as you can invest more time and money into them and you have more business experience.

 

[JeanneDArcAlter]

How are you doing financially?

 

[King Solomon]

How are you doing financially?

Right now I am financially free and retired . I have passive income from my boxabl home rentals in military locations that use solar energy. Each one nets 1k per month. I have 4 sets of 10 of these homes in five different military locations, but no apartment complexes which is my next goal

I own 200 acres of land as an off grid community with several families. No property taxes no income taxes.

I sell or trade organic raw duck eggs or fertilized duck eggs at high profit margins at around $40 per dozen and raw organic grass fed sheep milk at $20 per quart. This nets in total of about 4k per month profit. Most of my customer base trade goods and services to locals and people within 100 mile radius for bulk orders. Most off grid people love these for health purposes. I don't sell online just word of mouth but I may expand my radius. Most customers travel to me.

I have a net value of 400k in boxable homes as I was one of the original investors

I have over 10,000 ounces of silver.

I am now expanding and looking for business to purchase like plumbing, electric, HVAC aka the trades that are long term reliable income streams. My goal is to invest into ten businesses in my state .

I have no debt no taxes no eminent domain BS in a free man.

My issues are health at the moment.

I made my initial 400k from rental credit cards that I dumped into Bitcoin on its second cycle then cardano at 2 cents during the 2020 crash
Bitcoin helped me get to 5 mil and cardano that went over 100x in 1 year for me to 100 mil. I then shifted all funds to silver a tax free method and leverage my silver for properties and businesses now.

I don't keep more than 10k of cash and use it only for operating costs. I transfer most into businesses or property. Cash is trash

 

[King Solomon]

I'm not on the Forbes 400 but even if or when I have enough to be on that list I'll never be on the list because my money my wealth is clean. I have more real wealth than all the people on that list. The reason is because they do not truly own any of their assets. All their wealth is owned by the papacy DC, Royal Crown of England or the international monetary Fund aka Rothchild's

They have all their assets registered and are a part of the slave system inside of a corporation masquerading info as a government.

Meanwhile I have a land patent so I have no property taxes and no eminent domain and changed my political status so I have no income taxes. After the reset their digital illusions of wealth will all disappear and I'll be wiping my butt with their paper worthless currency. My silver will grow 300x after the reset and I will buy up many of these billionaires businesses.

 

[King Solomon]

Another thing I forgot was land.

Now you can classify this as real estate or a business or both but just land can turn a major profit.

1. You can use it for farm land, use animals that are low cost and have higher returns like ducks and sheep.
As for plant based foods you will want things that are easy to grow and have high profit margins and potentially have multiple seasons with a green house. This includes cherry tomatoes, hemp bamboo and Japanese sweet potatoes. You can process the hemp for seeds and medicinal uses for insane profits.
2. Hunting and or fishing land.
There are many owner financing deals all over in solid locations.
You can add in a small Airbnb rental, weapons and ammunition rentals, kayaks, boats, ATV rentals, trailer for the animals, food, hot tub time machine, place to cut up the animals, freezer, dry ice packs foam coolers, vacuum sealer and bags, place to smoke the animals, etc.
3. Maybe add on some fun things like go carts, batting cages, mini golf , etc
4. Set up solar panels and geothermal engineering, well, etc and turn it into a long term or short term RV park.
5. Shooting range
6. Sell firearms crossbows and ammunition.

 

[King Solomon]

Solomon i have some new ideas i have come up with, i will PM you and respond to your previous conversation aswell later tonight, i am interested in knowing what you think about it.

Are you going to still PM me?

 

[JohnDoe]

Are you going to still PM me?

yes i was away from the computer and will go through your thread and respond now

 

[King Solomon]

yes i was away from the computer and will go through your thread and respond now

Ok I'm leaving now. LMAO, terrible timing. I'll be back in an hour or so.

 

[JohnDoe]

Right now I am financially free and retired . I have passive income from my boxabl home rentals in military locations that use solar energy. Each one nets 1k per month. I have 4 sets of 10 of these homes in five different military locations, but no apartment complexes which is my next goal

I own 200 acres of land as an off grid community with several families. No property taxes no income taxes.

I sell or trade organic raw duck eggs or fertilized duck eggs at high profit margins at around $40 per dozen and raw organic grass fed sheep milk at $20 per quart. This nets in total of about 4k per month profit. Most of my customer base trade goods and services to locals and people within 100 mile radius for bulk orders. Most off grid people love these for health purposes. I don't sell online just word of mouth but I may expand my radius. Most customers travel to me.

I have a net value of 400k in boxable homes as I was one of the original investors

I have over 10,000 ounces of silver.

I am now expanding and looking for business to purchase like plumbing, electric, HVAC aka the trades that are long term reliable income streams. My goal is to invest into ten businesses in my state .

I have no debt no taxes no eminent domain BS in a free man.

My issues are health at the moment.

I made my initial 400k from rental credit cards that I dumped into Bitcoin on its second cycle then cardano at 2 cents during the 2020 crash
Bitcoin helped me get to 5 mil and cardano that went over 100x in 1 year for me to 100 mil. I then shifted all funds to silver a tax free method and leverage my silver for properties and businesses now.

I don't keep more than 10k of cash and use it only for operating costs. I transfer most into businesses or property. Cash is trash

Why bother with it all if you are worth 9 figures? especially if your health is not of optimal status? i have health issues and know all too well that life is shit when you aren't in good health regardless of what you may have. Tbh your ideas are okay but you got lucky with crypto and nobody here is going to get 5m from crypto these days so they simply don't have the capital to invest in anything like that. You made the best of your circumstances but we are knida fucked. I actually am involved in crypto since 2017 but i fucked up so many times that i'm actually broke now instead of a multimillionaire which is what i should be.. like you. Once in a generation opportunity to escape the rat race and i ruined it. Now all that awaits is a lowly wagecuck existence, brutal.

 

[JohnDoe]

Ok, let me know ASAP as I may be leaving this earth fairly soon. My time is short but I will do the best I can.

New Ideas are great but to get a solid foundation I recommend what has worked for many of years. Once you have a foundation of passive income and the free time as well as more capital and business credit and contacts then using trying these new ideas have a vastly better chance of working as you can invest more time and money into them and you have more business experience.

what do you mean by leaving this earth soon? where are you going my friend?
These ideas are good in theory but not really practical for the average joe schmo who doesn't have any money to invest or any real capital. Your ideas basically hinge on the fact that you have a sizeable amount of capital aka low to mid 6 figures to invest in something and then just keep compounding from there until you reach 7 figures then 8 etc.

 

[JohnDoe]

Another thing I forgot was land.

Now you can classify this as real estate or a business or both but just land can turn a major profit.

1. You can use it for farm land, use animals that are low cost and have higher returns like ducks and sheep.
As for plant based foods you will want things that are easy to grow and have high profit margins and potentially have multiple seasons with a green house. This includes cherry tomatoes, hemp bamboo and Japanese sweet potatoes. You can process the hemp for seeds and medicinal uses for insane profits.
2. Hunting and or fishing land.
There are many owner financing deals all over in solid locations.
You can add in a small Airbnb rental, weapons and ammunition rentals, kayaks, boats, ATV rentals, trailer for the animals, food, hot tub time machine, place to cut up the animals, freezer, dry ice packs foam coolers, vacuum sealer and bags, place to smoke the animals, etc.
3. Maybe add on some fun things like go carts, batting cages, mini golf , etc
4. Set up solar panels and geothermal engineering, well, etc and turn it into a long term or short term RV park.
5. Shooting range
6. Sell firearms crossbows and ammunition.

America land of the free, most of things aren't even possible in the UK lol

 

[JohnDoe]

Probably 99 percent of the people on here don't even know about or care about the their retirement. You should start planning your retirement now.

I think you are kinda missing the point, the average wagie has completely lost hope, they know their life is just wagecucking for what amounts to peanuts and then they retire when they are old and no longer strong enough to even do anything besides sit in doors. This is the life for the average person in modern society. It's depressing and people close their eyes because if they don't they'd end up blowing their brains out. We are slaves. Only few make it out of the system/rat race.