Real Estate Term
What Is Real Estate Term (Rt)?
Real Estate Term (Rt) indicates the number of years a client could live on their current real estate equity (assuming no asset growth/decline).
How Is Real Estate Term (Rt) Calculated?
Why Is Real Estate Term (Rt) Important?
For generations real estate has been touted as one of the best solutions to achieve financial independence. The reality is that few people truly understand the real implications that owning and maintaining physical real estate will have on their spending and overall financial health.
As a significant part of many clients’ net worth, real estate stands as a major consideration when determining if a client is prepared for financial independence. Further, understanding the allocation of real estate assets (i.e. personal-use property vs. investment property) will have major implications on the success of a client’s retirement plan.