David R. Bergmann Quotes

With a twenty-year horizon until retirement, she could invest in a rental property with a 15-year mortgage, which provides deductions. She would own the rental property outright around the time of her retirement. Then she would have two properties at retirement, giving her rental income without mortgage payment obligations.

- David R. Bergmann

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Twenty | Year | Horizon | Retirement | Invest |

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She should make the highest allowable contribution. This year, the federal limit is $11,000, and it increases annually until it reaches $15,000 in 2005. - David R. Bergmann

With a twenty-year horizon until retirement, she could invest in a rental property with a 15-year mortgage, which provides deductions. She would own the rental property outright around the time of her retirement. Then she would have two properties at retirement, giving her rental income without mortgage payment obligations. - David R. Bergmann