How To Save For Retirement Without the Stock Market: Accumulate ASSETS

How will you get ready for retirement? Most people are focused on saving money via the stock market. The game plan is the market will go up, which allows a person to have enough to live on in their golden years. Currently, the stock market is near all-time highs, with many expecting it to go even higher.

While this sounds good, here are some important points to consider:

  • What if the market crashes?
  • What if I outlive my savings?
  • What if I can’t afford to retire, but I’m physically unable to work?
  • If I have a medical emergency, will I have enough to cover it and maintain my standard of living?

The stock market may be up, but its due a correction. When will this correction happen? No one knows. For these very reasons, it’s critical a person look at ways to generate wealth and make investments OUTSIDE of the stock market. One such way is by accumulating ASSETS.

Photo by Karolina Grabowska on

What is An Asset?

There are several definitions of the word “asset,” but for this article we’ll use this definition:

“Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.”

Owning assets are the key to being financially free for several reasons:

  1. Assets have value. Unlike televisions, cars, clothes, cell phones or other consumer products, assets retain their value after they are purchased. The best assets can actually increase in value over time.
  2. Assets can generate cash flow. Many assets can provide a monthly income. This makes them useful and valuable now as opposed to years later.
  3. Assets can be passed down from generation to generation. The owner of an asset controls that asset, and can pass it down to heirs who can continue enjoying the cash flow.
  4. Benefits of assets can be enjoyed sooner than later. Unlike retirement accounts that can’t be used until age 65, the cash flow from assets can be enjoyed immediately.
  5. Decreased need for a retirement account. A retirement account is primarily for those who are no longer working after they reach age 65. If a person owns assets, they will continue to make money indefinitely, decreasing the need for a retirement account,. If the cash flow is large enough, a person can retire before the retirement age.

The average person is unaware how lucrative owning assets can be. Unfortunately, we are taught to focus on the stock market and saving for retirement. The stock market is just one way to invest. Owning assets is another.

Top Assets To Own

The following are great assets to own:

  • Rental property
  • Vending machines
  • Businesses
  • Write best-selling books (author)
  • Create inventions
  • Fine art
  • Dividend paying stocks
  • Bonds
  • Precious metals (gold & silver)

There are many other things that you can consider assets, but it’s important to remember what is defined as a true asset. For example, many would consider their home an asset, but I disagree, especially when using the definition above.

If you believe your home is an asset, ask yourself the following:

  • If you lose your job tomorrow, will your home generate revenue for you?
  • Can your home help you pay bills?
  • Do you have to work and pay expenses to keep it running smoothly?
  • If you lose your job, do you risk losing your home because you can’t afford to pay the mortgage?

Depending on your answers, your home could be viewed as a liability, not an asset.


Investing in the stock market and buying mutual funds is just one way to save for retirement. By accumulating assets, a person may be one day closer to achieving their financial freedom. Who knows: accumulate enough assets and a person may be able to retire early!

Start accumulating assets today. Your bank account will thank you.

Get more tips in my books Invest For Success: Millionaire Wealth Strategies Not Taught in School, and From Passion to Profit: How To Make a Living as a Writer. Yes, your books are assets too! Both books are available on Amazon.

This information isn’t discussed in school. Order a copy of our book Planting Seeds: The Children’s Guide to Entrepreneurship for your kids today. The sooner our youth understand money and entrepreneurship, the better.

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