Retirement might seem like a distant dream \u2014 or a source of stress if you\u2019re not sure you\u2019ll have enough saved.<\/p>\n
According to Pew Research<\/a>, for many Americans, retirement savings plans are a critical pathway to building wealth<\/a>. But what if a single, smart investment today could set you up to retire like a millionaire?<\/p>\n Trending Now: What a Wealthy Retiree\u2019s Monthly Budget Looks Like at Age 78<\/a><\/p>\n Check Out: 5 Clever Ways Retirees Are Earning Up To $1K per Month From Home<\/a><\/p>\n GOBankingRates spoke with Joseph Keshi, CEO of Keshman Property Management<\/a>, and Dr. David Ghozland, an OB\/GYN and owner of David Ghozland MD<\/a>, on the best $10,000 they spent preparing for retirement<\/a>.<\/p>\n \u201cI reached financial independence early through disciplined real estate investing and long-term planning,\u201d Keshi said. \u201cMy $10,000 was primarily invested in consulting services by a good accountant.\u201d<\/p>\n He added these were precipitously accomplished by attorney services and ways to save estate taxes<\/a>.<\/p>\n \u201cReviewed were my investments for costly mistakes; a trust was prepared to shield assets from creditors and death taxes, followed by an LLC for liability protection,\u201d Keshi noted.<\/p>\n He acquired education towards sustainable income in rental real estate and exit planning, eliminating unknown factors.<\/p>\n Read More: I Retired a Millionaire \u2014 The Best $30,000 I Ever Spent Preparing for Retirement<\/a><\/p>\n \u201cI have more than 20 years in medicine and running my own practice, and financial education is what helped me retire a millionaire,\u201d Ghozland said.<\/p>\n