Wealth Over 50: Building a Secure Future. STOP Thinking and Start Doing Sh*T.

Building cash flow and securing retirement after 50 is entirely achievable, even if you're starting from scratch. With the right strategies and support, you can create a robust financial future.

I understand the frustration that so many people I talk to that are over 50. They are tired, scared, working hard to pay bills, struggling with time, family, bills and so much more.

I have seen everything from friends, clients, family and stories of how things just change and one minute you have clarity and the next your lost. I know the feeling better than most. My story is long, but interesting turns of events that went from feeling blessed to uncomfortable within short periods of time. I have been through physical, financial, relationships, mental disruption just like most of us.

In today's world my message is very clear. DO NOT GET COMFORTABLE.

If you have not been blessed with an ongoing career, have at least $2 Million Minimum sitting in the bank or portfolio and have a few cashflow income producing assets then "STOP KIDDING YOURSELF".

I say this with all of my experience that when you plan to RETIRE you need to build a few income producing strategies. Listen I know many so called financial planners and they mainly prey on those who already have money and make commissions on moving money around and that's ok. I have licenses to help those clients as well and enjoy the commissions also as one of my revenue streams. But for most people, you need a team that understands all of your overall plan and strategies. many just don't have enough assets to work with and that's where I help clients create more cash flowing assets.

Why can I say this? I have been in various industries, businesses and careers. I started my early years hustling, learning and doing anything to help my family and friends. This is a variety of just doing things that turned into money making opportunities:

Early years form 8 yrs old to 27. I hustled and learned by doing and earning. I created my value by just showing up with a great ATTITUDE and WILLINGNESS To Get Shit DONE. My top pay was maybe 80k a year through these years.

• Grass Cutting Skills
• Hauling Junk
• Labor Worker in Oil Refinery
• Offshore Surveying
• Health Club Services and Trainer
• Bartender, Cook and waiter
• Tuxedo Business and Wedding Consulting
• Manager of a Staffing Company

Age 27 is when I really started to understand business, systems, strategies, leadership, teamwork and everything. This is where I started making $100 -$300k year.

Insurance Career Agent and Agency Owner ( Blue Cross Blue Shield, Allstate, State Farm, Primerica, Wellcare, Trans America, Colonial and much more) Licensed 1997.

Real Estate Investing, licensed agent, broker associate, team leader and coaching. I was blessed to join a friend of mine at the time and learn how to buy properties at discounted prices and make $$$$$. then we opened a Keller Williams Realty Office that I became the Teamleader because of all the years in preparing myself in teaching others how to work and control their time management.

By the time I was 35 I had a real estate portfolio worth millions and created a cashflow of $300+ a year.

Trust me I do not say any of this to brag because the reality of it is, I lost it all in a bankruptcy in 2009 along with a divorce and total life spiral because of lack of focus, mentorship and resources.

So, the saying below from John Wayne is FACTS. If your not exposed to successful or wealthy people who already went through things then "How In The Hell Do You Plan To Get Educated to Create What You Want".

2 Options:

1. STAY IN THE DARK AND KEEP WAITING FOR YOUR BULLET PROOF PLAN TO SHOW UP
2. START LEARNING, EARNING, BUILDING NOW SO IT WON'T BE A GUESSING GAME AT AGE 70

People want financial Freedom but are so scared of starting or worried about so many other factors than to take some small chances on yourself to see what your made of and get educated. Do something that can set you up for retirement on your terms.

Here's how to get started:

1. Evaluate Your Current Financial Situation

Before implementing strategies, take a clear look at where you are today.

• To-Do: List all sources of income, savings, and debts.
• Tip: Use budgeting apps or financial tools to organize your numbers quickly.
• Create a word doc, excel spreadsheet, a notebook, pen and pencil.

2. Set Clear, Achievable Goals

Define what financial independence looks like for you.

• To-Do: Write down your retirement goals (e.g., yearly income, desired lifestyle).
• Tip: Break long-term goals into smaller, achievable milestones.
• Think Hard. What do I need to make to live comfortable at age 60,70,80,90. Is it $5,000 month, $10,000 month, $20,000 month or more.....

3. Leverage High-Impact Income Opportunities

Explore side hustles, freelance gigs, or passive income streams to build cash flow.

• To-Do: Start with skills or hobbies you already have and monetize them.
• Example: Offer consulting services in your area of expertise or create an online course.
• Tip: Use platforms like Upwork, Fiverr, or LinkedIn to find opportunities.
• Get this clear. I started a lawncare business helping residential and commercial clients cut and maintain their locations that has turned into one of my retirement cashflows creating over $500k year. I and many of my friends got insurance licensed and I have created income streams from helping people solve their problems with life insurance, car, health, property and more. I got real estate licensed helping buyers, investors and sellers find their dream solutions to what they wanted. You can wash cars, pressure washing, fix fences, electric work, plumbing, designer, painter and list goes on ...

4. Prioritize Investing Over Saving

While saving is important, investing can create wealth faster.

• To-Do: Open an investment account and start small (even $50/month makes a difference).
• Tip: Focus on index funds, dividend stocks, or real estate crowdfunding for steady growth.
• Investing is not just putting money into things. I learned through my years that investing into learning has been my biggest payoff to create passive and ongoing income. I learned how to buy businesses vs building. How to consult others in projects that they were not capable of and getting paid very well $10k-$50k plus.

5. Use Tax-Advantaged Accounts

Maximize contributions to accounts like IRAs, 401(k)s, or HSAs to save on taxes.

• To-Do: Consult a financial advisor to understand contribution limits and tax benefits.
• Tip: Catch-up contributions are available if you’re over 50, allowing you to save more.
• Why Start A LLC? I tell every person to have a LLC, S-Corp or some type of business setup even if you are working as a W2 employee. It's the biggest TAX Savings you will have.

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6. Build a Network of Support

Connect with others who are also focused on financial independence.

• To-Do: Join online communities, attend local meetups, or hire a financial mentor.
• Tip: Leverage LinkedIn groups and forums for advice and networking.
• Join Our FREE Wealth Building Community: JOIN NOW
• Connect with Me Here and Learn HOW I CAN HELP: CLICK TO LEARN
• Join Our Digital Growth Community and We Build Your Marketing Business For You.

7. Educate Yourself Daily

Knowledge is power when it comes to creating wealth.

• To-Do: Read books, listen to podcasts, and take courses on personal finance and investing.
• Tip: Commit to learning one new financial concept each week to stay informed.
• SUBSCRIBE To My Youtube Channels: Rene' Manfre News

Partner with Manfre & Associates Consulting Services

At Manfre & Associates Consulting Services, we specialize in empowering individuals over 50 to achieve financial independence through personalized consulting and coaching.

• Services Offered: Real Estate, Investment Products, Marketing Solutions and more....
• Why Choose Us? Our team is very diversified and we have years of experience.
• Get Started: If you don't start NOW then WHEN.

For more information, visit our website: www.manfreandassociates.com

Conclusion: Start Small, Stay Consistent

The most important step is to start now. Even small, consistent actions can compound into big results over time. Don’t let age or current financial status hold you back. With focus and determination, you can build the cash flow and retirement you deserve.

Let’s make this journey happen together! What’s one small step you’ll take today to move closer to your goals? Comment below—I’d love to hear from you.