New research, out today from the nonpartisan Employee Benefits Research Institute (www.ebri.org), reports that nearly one-half of Baby Boomers are at risk of not having enough retirement funds to pay for basic day-to-day needs. The 2010 EBRI Retirement Readiness Rating™ shows a great number of Americans, even those with high incomes, are likely to run out of money 10 to 20 years into their retirement. Almost two-thirds of Americans, at lower income levels, could run dry after only 10 years in retirement. The report also shows that Generation Xers may find themselves in the same position.
Below is a table illustrating the EBRI’s “baseline projection of being ‘at risk’ of having insufficient income to cover basic retirement expenses, as well as uninsured health care costs,” for three different age groups:
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2010
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Early Boomers
(now ages 56-62)
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47.2% chance of being at risk
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Late Boomers
(now ages 46-55)
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43.7% chance of being at risk
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Generation Xers
(now ages 36-45)
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44.5% chance of being at risk
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How can you avoid becoming one of these statistics? Take control and maximize your retirement plan’s earning potential by diversifying your portfolio into alternative investments, with a self-directed IRA.
Learn more about building your retirement portfolio at Entrust’s educational events.
FOR IMMEDIATE RELEASE
Contact: Amy Dierdorff
(510) 587-0950 x233
ADierdorff@TheEntrustGroup.com
HAVING TROUBLE FINANCING YOUR DEALS? LEARN HOW TO BE THE BANK WITH ENTRUST’S “CREATIVE LENDING AND FINANCING WITH YOUR IRA” WORKSHOP
Oakland, Calif., March 16, 2010 — Rescue your IRA by investing in assets you know, understand and can control. Learn how your IRA can be the bank with, “
Creative Lending and Financing with Your IRA,” a unique workshop from Entrust Administration, Inc., the premier provider of account administration services for self-directed retirement plans. This exclusive event, on May 21, from 8 a.m. to 5 p.m. at the Crown Plaza Hotel in Burlingame, Calif., is designed for investors who want to accumulate wealth through creative financing and lending, using their retirement plan. Just a few of the valuable tips attendees will walk away with are:
• How to obtain capital from a self-directed IRA
• How to creatively increase yield or rate of return
• The ultimate alternative financing solution today—seller financing
• How to combine your IRA with other people’s IRA (OPI), and how to combine OPI with other people’s money (OPM)
The event features presentations by four leading industry experts, including Hubert Bromma, CEO of Entrust and expert in self-directed retirement plans. “Borrowers are seeking private lending in today’s market,” says Bromma. “Using capital from a self-directed IRA can be much simpler and faster than the loan process with institutional lenders.” Bromma has had a distinguished career in banking, M&As and real estate. He is a frequent guest on CNBC, Bloomberg, and MarketWatch; and has been a contributor to The Wall Street Journal, Forbes and other professional publications.
Also presenting is W. Eddie Speed, president of the Colonial Fund Group, LLC; founder of NoteSchool™ and author of “Streetwise Seller Financing.” Speed is a nationally recognized expert on seller-financed notes. Joining them is Michael T. Morrongiello, a private lending specialist and active investor with extensive experience in real estate and real estate paper investments. Additionally, Reggie Lal, creator of the “Be The Smart Investor” real estate and education firm, will present. Lal is an active investor, wealth building coach, speaker, and author with a myriad of experience in his real estate portfolio.
For more than 28 years, Entrust Administration, Inc. has been an acknowledged authority in the field of self-directed retirement accounts. Entrust is committed to the goal of financial independence, especially during retirement. They are the leader in self-directed plans, custodial services, and educational curriculum to build wealth with investments that clients know, understand and control.
To register for this event or for more information about investor workshops, please visit
http://www.entrustcalifornia.com/investor-workshop/###
The real estate investing climate is constantly changing. To help investors, Entrust California recently sponsored the sold-out IRA investing seminar, Real Estate from the Trenches. Joining Entrust’s CEO, Hubert Bromma, was Bruce Norris from The Norris Group. Bruce, a well-known futurist, spoke about what to look out for in real estate and lending in 2010. Bruce’s presentation generated many questions regarding how to invest in California in this market.
Hugh, an IRA expert with 30 years in the industry, spoke about the new Roth conversion rules for 2010 and how conversion might not be applicable to all. The audience learned about tax-deferred and tax-free strategies to compound wealth by using their individual retirement plans to invest in real estate and other real estate–related assets.
Learn more about Entrust California’s advanced IRA seminars, and stay tuned for our next event in May in Northern California.
By Lisa Bromma, Marketing Advisor for The Entrust Group
If you drive through neighborhoods in Southern California, you notice a repetitive theme: vacant houses! In Riverside County, where I live, you can barely find a street without at least one house that is vacant or boarded up.
The backlog of bank-owned properties is enormous. Many properties sit vacant and deteriorate while the banks decide how to best deal with all the volume and increased government demands.
Real estate investors are willing and capable of taking on this “as is” inventory. As redevelopment specialists, they obtain deep discounts on these homes that need extensive repairs and fix and sell them immediately, or fix and hold them in their real estate portfolio.
Conventional lending institutions like FHA and Bank of America limit financing to investors if they do not intend to live in the property. These investors are capable of buying, repairing, and owning many more properties than the current lending rules allow. This important lending niche is being filled by loan brokers, like The Norris Group, that fund these loan requests with private money every day.
At the upcoming meeting with Entrust, I look forward to speaking to you about the current state of California real estate, the need for more “redevelopment specialists,” and the important role that private money plays in helping real estate investors solve the current real estate mess.
You’ll learn about usury laws and how working with a broker can save you time and money by prescreening investors and potential deals. Most importantly, you’ll learn how you become an important part of the solution that helps create jobs, turns around blighted neighborhoods, and gets our market back on track.
By Bruce Norris, The Norris Group
Entrust California’s first Advanced IRA Investor workshop held in October was a huge success. Dyches Boddiford and Hugh Bromma presented valuable lessons about getting the real facts on LLCs and IRAs. Everyone stayed for a great networking event, and the participants gained the knowledge and decision-making skills to help them make the right choices for their particular situation.
There is an acute need for education that is relevant for today’s investor and in pace with today’s economy. Based on the positive response from participants, Entrust is offering another Advanced IRA Investor workshop in Los Angeles on Friday, January 22, 2010.
This workshop provides a great opportunity to kick off the new year by getting the information you need to meet your 2010 IRA investing goals and strategies. The workshop explores real estate lessons from the trenches and addresses a variety of topics, including:
- Advanced strategies for the real estate investor in the current market
- Real estate in California this year and beyond.
- Buying real estate, creating paper, and making private loans without getting burned
- 2010 Roth IRA conversions—learn what you can and cannot do with your IRA
Hubert Bromma, CEO of Entrust, will lead the workshop with Bruce Norris of The Norris Group. Bruce is an active investor, hard-money lender, and real estate educator with close to 30 years of experience. He has been involved in over 2,000 real estate transactions as a buyer, seller, builder, and money partner. Renowned for his ability to forecast long-term real estate market trends and timing, his 1997 report The California Comeback demonstrated his ability to understand market trends. In 2006, he issued The California Crash, an in-depth look into the California market correction and the statistics behind Bruce’s predictions. His latest report, Category 5, explains why he is not ready to call California Comeback 2 and what the real estate community should expect in the coming two years as the market continues its correction.
We are thrilled to have Bruce and Hugh together for this workshop. If you are a real estate investor who is looking for sophisticated strategies and IRA insights, put January 22 on your calendar. We hope to see you there.
Lisa Bromma
Marketing Consultant
P.S. To learn more about this workshop, visit www.entrustcalifornica.com/investor-workshop
Entrust Administration, Inc. offers second educational seminar on January 22, 2010 with focus on current real estate market
10.29.2009 – Oakland, CA.–Entrust Administration Inc., the leader in custodial services for self-directed retirement accounts, has opened registration for its upcoming educational seminar “Real Estate Lessons from the Trenches” to be held on January 22, 2010 at the Embassy Suites LAX in Los Angeles, CA.
“The feedback from our October 9 workshop has been remarkable,” says marketing consultant Lisa Bromma. “We expect this workshop to be equally successful! We have top-notch real estate and alternative investment professionals scheduled to provide attendees the education and information they demand.”
This workshop will address a variety of topics, including:
- Advanced strategies for the real estate investor in the current market
- Real estate in California this year and beyond.
- Buying real estate, creating paper, and making private loans without getting burned
- 2010 Roth IRA conversions—learn what you can and cannot do with your IRA
To register for the seminar, visit www.entrustcalifornia.com/investor-workshop or contact Entrust at (510) 587-0950 x254 or bizdev@theentrustgroup.com.
About Entrust Administration, Inc.
Entrust Administration, Inc. is the premier provider of account administration services for self-directed retirement plans. For more than 28 years, Entrust has been an acknowledged authority in the field of self-directed retirement accounts. As securing retirement becomes increasingly challenging, investors want to learn about and take advantage of a wider range of investment opportunities to attain their goals.
###
For more information, contact:
Yvonne Garcia, Business Development Coordinator
800-392-9653 x246
YGarcia@TheEntrustGroup.com.
http://info.entrustcalifornia.com/home
This workshop is targeted toward investors and financial professionals who want to learn how to take self-direction of IRAs and 401(k) accounts to the next level.
09.30.2009 – Orange County, CA.,–Entrust Administration Inc., the leader in custodial services for self-directed retirement accounts, has extended the registration deadline for the
Advanced IRA Investor Workshop due to overwhelming response from investors and industry professionals. The workshop is being held at the Doubletree Club Hotel in Santa Ana, CA on October 9, 2009.
“The interest in our workshop has been remarkable,” explains marketing consultant Lisa Bromma. “To accommodate the enthusiastic response, we have added seating and extended the registration deadline. What is clear is that investors want q
, tools, and resources to take control of their finances and build wealth. We at Entrust are there to help them achieve that goal.”
This workshop is targeted toward investors and financial professionals who want to learn how to take self-direction of IRAs and 401(k) accounts to the next level. It will provide in-depth analysis of
self-directed IRAs,
IRS rules and regulations, and allowed and
prohibited transactions—all through case studies and examples.
The workshop is an opportunity for entrepreneurs, financial professionals, CPAs, CFPs, attorneys, and real estate broker and agents who want to grow their business through self-directed retirement plans to gain an understanding of the potential of self-direction for their clients. In addition, professionals can receive 8 hours of continuing education credits.
Hubert Bromma, founder and CEO of The Entrust Group, will be conducting the workshop, sharing his decades of knowledge of this growing industry. Also presenting will be Dyches Boddiford, an expert in the IRA LLC and a professional real estate investor for over 20 years.
About Entrust Administration, Inc.
Entrust Administration, Inc. is the premier provider of account administration services for self-directed retirement plans. For more than 28 years, Entrust has been an acknowledged authority in the field of self-directed retirement accounts. As securing retirement becomes increasingly challenging, investors want to learn about and take advantage of a wider range of investment opportunities to attain their goals.
###
For more information, contact:
Yvonne Garcia, Business Development Coordinator
800-392-9653
YGarcia@TheEntrustGroup.com
http://www.entrustcalifornia.com