Retire With Style

Episode 181: Bricks, Mortar and Retirement

Listen Later

In this episode of Retire with Style, Wade Pfau and Alex Murguia explore real assets- focusing on real estate and infrastructure- and their role in retirement portfolios. They discuss the pros and cons of residential and commercial property ownership, the value of REITs, and the potential of infrastructure investments. The conversation highlights the importance of diversification and understanding the risk-return tradeoffs of these asset classes. Listen now to learn more!

 

Takeaways

  • Real assets—like real estate and infrastructure—can play a valuable role in retirement portfolios.
  • These assets can improve portfolio efficiency by enhancing return relative to risk.
  • REITs offer accessible exposure to real estate without requiring accredited investor status.
  • Owning residential property often requires active management and can feel more like a job than a passive investment.
  • Commercial real estate tends to provide more stable income through longer-term leases.
  • Infrastructure investments can offer steady cash flows and some protection against inflation.
  • Diversification remains key to effectively managing portfolio risk.
  • 1031 exchanges allow investors to defer capital gains taxes when selling real estate.
  • Water rights represent a niche but growing area of investment opportunity.

    • Chapters

    00:00 Introduction to Real Assets

    02:00 Understanding Real Estate in Portfolios
    08:04 The Role of Residential Real Estate
    16:01 Exploring Commercial Real Estate
    28:05 Infrastructure as an Investment
    33:44 Conclusion and Future Topics

     

    Links

    Explore the New RetireWithStyle.com! We’ve launched a brand-new home for the podcast! Visit RetireWithStyle.com to catch up on all our latest episodes, explore topics by category, and send us your questions or ideas for future episodes. If there’s something you’ve been wondering about retirement, we want to hear it!

    The Retirement Planning Guidebook: 2nd Edition has just been updated for 2025! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/

    This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips

    ...more
    View all episodesView all episodes
    Download on the App Store
    Retire With StyleBy Wade Pfau & Alex Murguia
    • 3.9
    • 3.9
    • 3.9
    • 3.9
    • 3.9

    3.9

    170 ratings

    More shows like Retire With Style

    View all
    Sound Retirement Radio by Jason Parker

    Sound Retirement Radio

    450 Listeners

    Your Money, Your Wealth by Your Money, Your Wealth

    Your Money, Your Wealth

    816 Listeners

    Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

    Retirement Answer Man

    1,312 Listeners

    Retirement Starts Today by Benjamin Brandt CFP®, RICP®

    Retirement Starts Today

    543 Listeners

    The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

    The Retirement and IRA Show

    752 Listeners

    Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

    Big Picture Retirement®

    557 Listeners

    Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

    Stay Wealthy Retirement Podcast

    694 Listeners

    Bogleheads On Investing Podcast by bogleheads

    Bogleheads On Investing Podcast

    616 Listeners

    The Long View by Morningstar

    The Long View

    934 Listeners

    Sound Investing by Paul Merriman

    Sound Investing

    348 Listeners

    Ready For Retirement by James Conole, CFP®

    Ready For Retirement

    828 Listeners

    The Rob Berger Show by Rob Berger

    The Rob Berger Show

    200 Listeners

    Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

    Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

    597 Listeners

    Retirement Planning Education, with Andy Panko by Andy Panko

    Retirement Planning Education, with Andy Panko

    1,062 Listeners

    The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

    The Great Retirement Debate with Ed Slott & Jeffrey Levine

    139 Listeners