Ace Capital Group - Land Banking – a Proven Formula for a Better Retirement. Will You Be Able To Retire Comfortably? What is land banking and how Ace Capital Group helps you to increase wealth.
4. Will You Be Able To Retire Comfortably? … .or, will you be living with your kids?
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6. Retirement Statistics Here are the retirement statistics for those over 65 The average American retires on only $13,500 per year. How much do you need at retirement? Source: Social Security Administration Social Security provides 89% of all retirement income (U.S. Department of Health, Education & Welfare)
20. House vs. Land Investment 1976 1991 2005 House & Improved Land $ 1.00 $ 10.00 $ 30.00 House & Lot Improvements $ 0.88 $ 2.19 * $ 4.30 * Land $ 0.12 $ 7.81 $ 25.70 * Replacement or new cost for labor, material and profit compounded @ 6.26% CPI for first 15 years and @ 4.6% for second 15 years. 1976 Investment Value in 1991 Value in 2005 House & Improved Land X 10 X 30 $ 24,000 = $ 240,000 = $ 720,000 Land X 65 X 214 $ 24,000 = $ 1,560,000 = $ 5,136,000
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23. Ace’s 10 Key Indicators Determining Master plan for community (streets, roads, sewer, electric, and gas) Authoritative population projections and studies Existing commercial and residential development Existing and planned industry and commerce Proximity to large population: Metropolis Educational system: primary through college Adequate utilities for massive growth Accessibility by freeway, train, air Abundant, available water supply Level, usable land Growth Path ALL 10 indicators must be present before ACE buys
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29. At ACE, We Say Quit Beating Your Head Against the Wall. There is a Less Painful Way to Still Make a Great Living in Real Estate!