What do you imagine when you think about retirement? For most people, the traditional retirement model is about building a nest egg. You work hard at a steady job for a long time, hoping to save up enough money to last you for the rest of your life. Still, recent statistics about retirement show […]

Select Page
Why Traditional Retirement Is Broken

What do you imagine when you think about retirement?

For most people, the traditional retirement model is about building a nest egg. You work hard at a steady job for a long time, hoping to save up enough money to last you for the rest of your life.

Still, recent statistics about retirement show that there is a legitimate reason for concern. 

A sizable portion of the country is not on track to retire!

About 40% of Americans are not actively saving up for retirement, and only one-tenth are saving up the required 15% or more.

If you add increased life expectancy and the stock market volatility to the equation, it becomes abundantly clear that the old ways are simply not going to cut it.

Steve Earl Quote On Income

The traditional retirement model is broken. 

So… What Can We Do About It?

Instead of hoping to retire on your savings, you can set up to retire on your income. And for us, there’s no better way of doing that than with real estate.

Since founding Done For You Real Estate, Steve and I have helped thousands of clients on the road to replacing their income through safe, conservative, and calculated real estate investments. Our Moneyball-inspired formula has always produced results.

So a question comes to mind – why aren’t we all doing this?

And the answer is painfully simple. We just haven’t been taught how.

In most cases, people learn about retirement through experience. But today, we can see that the old way isn’t working. We need to educate future generations and show them there’s a better way.

That is going to be the primary goal of our today’s episode.

We’re going to share stories from our own lives, our family’s lives, as well as the lives of our clients that will testify to the benefits of income replacement. 

Also, we’re going to have a couple of guests on the show! 

First, I chatted with our Customer Appreciation Team Manager, Mike Chamberlain, and later on, I interviewed Steve’s son, Dallin Earl, who is successfully using real estate income put himself through Harvard Law.

It’s a jam-packed, one-hour show, and we hope you’ll hop on for the ride!

Key Takeaways

  • What is traditional retirement? (1:01)
  • Steve’s view of a traditional retirement (3:06)
  • My biggest issue with traditional retirement (5:16)
  • What makes traditional retirement so unreliable? (7:02)
  • Some frightening statistics regarding retirement in the US (8:08)
  • Where did the idea of retirement come from? (11:09)
  • How the industrial revolution changed retirement forever (13:19)
  • Why is traditional retirement broken? (16:07)
  • …And what can we do about it (+ my parents’ retirement story)? (17:39)
  • Insights from our Customer Appreciation Team Manager – Mike Chamberlain (23:25)
  • How does increased life expectancy affect traditional retirement? (27:30)
  • A couple of stories about our clients and their experiences with income replacement (29:36)
  • Talking to Steve’s Son, Dallin Earl, about leveraging real estate to help with Harvard Law tuition and expenses (35:25)
  • Teaching the next generation new models of retirement (48:40)
  • How to determine if you on track to retire (51:35)

Top Quotes

“Most of the time retirement is not taught – retirement is learned by experience.” Kevin Clayson

“Traditional retirement is largely broken.” – Kevin Clayson

“I’m a big believer in planning for retirement.” Steve Earl

“Real estate can benefit you at any stage in your life.” – Steve Earl

Additional Resources

  • Learn more about Done For You Real Estate: VISIT HERE
  • Get a FREE Income Replacement Estimate (IRE): APPLY HERE
  • Find out if you’re on track to retire in 60 seconds: TAKE THE QUIZ

SUBSCRIBE for more Replace Your Income:


If you enjoyed this episode, please rate and review our podcast. Thank you for your support!

And remember…

Income replacement for you and your family may only be one property away!

Replace Your Income Podcast - Why Traditional Retirement Is Broken

DFY - replace your income apple podcastsDFY - replace your income google podcastsDFY - replace your income Spotify DFY - replace your income stitcherDFY - replace your income overcast

Podcast Episode Transcripts:

Let’s Connect

Receive a Free and Customized Real Estate Income Estimate

Related Articles
Million Dollar Tease (Part 1)

Million Dollar Tease (Part 1)

  Episode Notes Microwins to Millions by Kevin Clayson and Steve Earl Dive into the timeless wisdom of "Microwins to Millions," where Kevin Clayson and Steve Earl unlock the secrets to a meaningful and victorious life. This book is not just a roadmap; it's a...

Bonus – Interest Rate Buydown

Bonus – Interest Rate Buydown

Episode Notes In this insightful bonus episode, Kevin and Steve unpack the strategies around interest rate buydown, providing a comprehensive guide for investors. The discussion highlights the dual benefits of seller concessions and the buyer's investment in buying...

The Kiyosaki Kickstart

The Kiyosaki Kickstart

FULL EPISODE Episode Notes In today's episode, we walk you through the life of a small business influencer, Spencer Mecham! Spencer embarked on a transformative journey from being a duplex owner to evolving into a hands-off real estate investor in Indianapolis. This...

Discover How Kelly Successfully Bought Her First Investment Property… In Less Than 6-Weeks!

Without Books, Seminars, Courses, Guesswork or Endless Hours Evaluating Deals.

Why Traditional Retirement Is Broken

Enter your info to watch Kelly's case study!


By clicking View Case Study, you consent to our use of your email address in accordance with our Terms and Privacy Policy

“I have been working with Done For You Real Estate since 2012. I have purchased nearly 20 homes from them and every single one has performed. I also do real estate with a couple partners, and Done For You Real Estate has the highest performing homes in my entire portfolio. I highly recommend their services and do not hesitate to refer them to everyone interested.”
          —Kelly Fasterling—

done for you real estate