A Retirement Plan for Regular People
How to Retire with Drug Money
The snow didn’t stop falling until Sunday afternoon.
Folks who had traveled all across the country to take part in Denver’s 4/20 weekend would be treated to event cancellations and lots of trekking through the slush to check out Denver’s finest dispensaries.
If you’re unfamiliar, 4/20, or April 20th, is a day of celebration for the cannabis community. On this date, legal cannabis consumers attend various social events and rallies in support of legalization and decriminalization.
I attended this year’s Denver festivities, as most of my Colorado contacts would be in town presenting and pitching new deals behind the backdrop of tens of thousands of legal cannabis consumers all looking to spend boatloads of cash.
Despite the inclement weather and the cancellation of the big 4/20 rally, business was still getting done, and I managed to get the inside scoop on some new developments that could mean new opportunities for us later in the year.
But I have to admit, the highlight of the weekend was meeting a young freelance consultant who, in just three years, has made enough money in the legal cannabis space to retire. And here’s the best part...
He’s only 39 years old.
A $2 Million Nest Egg
At 39 years old, Justin Chen works from his home office in the Cherry Creek neighborhood of Denver.
Starting out in the events planning business — planning high-end galas and meetings for high net-worth individuals — Justin now spends much of his time on the road, visiting new grow operations, dispensaries, and related startups throughout the country.
By the time he reaches 40, he will have amassed nearly $2 million, mostly by using his influence and connections to get in on early-stage deals.
Now, I don’t know if Justin is actually going to retire soon, but the fact is, he could. And at 39, that must be a pretty incredible feeling — especially when you consider that so many folks much, much older than Justin will never have even close to $2 million tucked away for their golden years.
And that’s a tragedy.
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Steal Your Retirement
Now, I’m not suggesting you run out and try to start a legal cannabis consulting business.
In fact, I’m not even suggesting you run out and try to start any business.
What I am suggesting, however, is that, unless you're already worth millions, you need to have a solid retirement plan in place — a plan that will not only help you build wealth, but protect it, too.
Now, there are a number of retirement strategies from which to choose. Some are certainly better than others. But for regular folks — not just millionaires — one that's proved to be quite successful is a strategy called "Steal Your Early Retirement."
This is actually more of a retirement blueprint that was developed by my colleague Alex Koyfman, who just happens to be one of the most successful investors I know.
What I really like about this technique is that it's designed for investors who may only have a few bucks to invest at any given time. It's designed for working folks who weren't born with silver spoons in their mouths. It's designed for people who simply don't want to rely solely on their 401(k) or a pension that may end up getting gutted before they actually retire.
Bottom line: If you’re not already a millionaire but want to take more control of your retirement goals, you owe it to yourself to at least read about this technique and how it works.
Click here to see if the "Steal Your Early Retirement" program is right for you.
To a new way of life and a new generation of wealth...
@JeffSiegel on Twitter
Jeff is the founder and managing editor of Green Chip Stocks, a private investment community that capitalizes on opportunities in alternative energy, organic food markets, legal cannabis, and socially-responsible investing. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page.
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