Aug 25, 2026 · 14 min · 9 segments
Should you own real estate if you have a pension and $1 million or more saved? Many retirees assume real estate is the obvious next investment, but the answer is more complicated than most people…
So the first thing I want to mention is that there's a lot of tax benefits specifically for real estate, and that is why I would say it could make sense for your crowd.
Now, for most people out there, I would say real estate may not make sense, especially if you don't have the expertise in it or if you don't have the, the desire for it specifically.
Um, but for those with a pension and a million-plus, you're typically going to be in the higher tax brackets, and so these tax savings that generate from real estate could start to make a lot of sense because you're offsetting a higher tax rate than what most Americans would offset.
They may not really benefit from any tax savings from real estate in retirement specifically, whereas you, you could gain quite a bit.
You know, if you ma- you're in the 24%, maybe you have state taxes as well, there can be a lot of benefit from this specifically there.
And so you may ask, what are those tax benefits specifically? Well, that's where depreciation comes into play with real estate, and I'm going to give you a little real estate 101 lesson here to better understand, especially understand some of these wealthy people.
President Trump's a big one who understands real estate and uses it to his advantage, and a lot of wealthy people do this.
A lot of people look down on him, but when you look in the tax code, it's a very legal way to do this, and it's just something that the tax code incentivizes because they see value in people owning real estate.
So the first thing I want to mention is that there's a lot of tax benefits specifically for real estate, and that is why I would say it could make sense for your crowd.
Now, for most people out there, I would say real estate may not make sense, especially if you don't have the expertise in it or if you don't have the, the desire for it specifically.
Um, but for those with a pension and a million-plus, you're typically going to be in the higher tax brackets, and so these tax savings that generate from real estate could start to make a lot of sense because you're offsetting a higher tax rate than what most Americans would offset.
They may not really benefit from any tax savings from real estate in retirement specifically, whereas you, you could gain quite a bit.
You know, if you ma- you're in the 24%, maybe you have state taxes as well, there can be a lot of benefit from this specifically there.
And so you may ask, what are those tax benefits specifically? Well, that's where depreciation comes into play with real estate, and I'm going to give you a little real estate 101 lesson here to better understand, especially understand some of these wealthy people.
President Trump's a big one who understands real estate and uses it to his advantage, and a lot of wealthy people do this.
A lot of people look down on him, but when you look in the tax code, it's a very legal way to do this, and it's just something that the tax code incentivizes because they see value in people owning real estate.
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