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Toronto, ON

I don't use any 401K, Roth IRAs, IRAs, 403(b), SEP, SARSEP, ESOPs or any other retirement plans permissible under the IRS Code since such plans are not available in Canada. 

However, we do have a number of retirement and savings plans available including RRSPs, RSPs, IPPs, RRIFs, CPP / QPP, TFSAs etc.  There is also the OAS and GIS for qualified individuals.  Some people pull equity out of their real estate and/or sell some of their real estate properties or other assets as well.

Oh, and I can't forget the new and exciting Ontario Retirement Savings Plan that will come into effect for Ontario residents in 2017 courtesy of our Ontario government.  I haven't yet read the rules on that one (not sure if all of the rules have been released yet), but it will certainly affect self-employed individuals.

Jul 14, 2015 07:21 PM
Roy Kelley
Retired - Gaithersburg, MD

My best results came after hiring an asset manager to advise me and manage our retirement funds. We use Wetherby Asset Management in San Francisco.

Every real estate agent should try to take advantage of the maximum contributions to retirement accounts. 

Jul 14, 2015 11:02 PM
Ritu Desai 703-625-4949
Samson Properties - Chantilly, VA
Northern Virginia,Washington DC & Maryland Realtor

Same here use SEP IRA. Every year!

Jul 14, 2015 10:44 PM
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

I started with a SEP and then decided on a Solo 401k.  It's a good idea to get into the habit of living below your means.

Jul 14, 2015 06:31 PM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Wednesday morning Hank. I do my best to set aside about 10% to go to my emergency funding.

Jul 14, 2015 06:23 PM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Hank - I am hoping my wife's retirement will help a great deal, and I don't really plan on retiring from real estate. I also have started investing, and am hoping that will help as well. I have other retirement funds from other jobs I have had prior to getting into real estate, so hopefully it will all add up to something.

Jul 14, 2015 04:23 PM
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

SEP IRA, financial advisor, invest as much as we can while we can.  Diversify investments.

Jul 14, 2015 02:23 PM