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Are You Holding Out for a ‘Hail Mary?’

What are the odds you will be able to retire when you want to without a decrease in your lifestyle?

If you’re of my generation, you remember well the Hail Mary pass from Roger Staubach to wide receiver Drew Pearson in the waning seconds of a division playoff game against the Minnesota Vikings in 1975.

(If not, Google it – “Staubach Hail Mary”).

The Cowboys were down by 4 points with only 32 seconds remaining– Staubach dropped back at his own 40-yard line and threw deep – catching Pearson at the Viking’s 5-yard line.

Pearson (# 88) slipped in for the touchdown that won the game.

Hail Mary

Exciting way to win!

But what are the odds? Less than 3% – (I Googled it).

What are the odds you will be able to retire when you want to without a decrease in your lifestyle?

What are the odds the capital investment and equity from the sale of your practice will outlast your lifetime and that of your spouse?

For the dental profession, those odds are about the same as a Hail Mary pass.

How can that be? Aren’t dentists and professional practice owners well above average in income earned?

You are correct. Unfortunately, high active income doesn’t magically convert to high net worth or wealth.

It takes a plan – a well-laid out blueprint that provides for investment into capital assets (like real estate or real business equity).

It takes discipline and the willingness to go counter to the traditional financial pundits who tell you to trust Wall Street.

It takes a network and connection with the right people and right deal flow.

It takes commitment.

What are your odds? Are you doing what it takes?

Is a Hail Mary in your retirement plans?

There’s a better way. The Freedom Founders Community has proven that.

What’s missing for you? Comment below.

To your freedom,

David Phelps

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