Growing the Money with Rich Lennon

Episode 38: How to Double Your IRA Every Year (Yes, It’s Possible)


Listen Later

Is it really possible to double your IRA every year, even if you’re starting small? According to real estate investor and wealth strategist Rich Lenon, it is. And no, it’s not through gambling or risky investing. It’s through smart strategy, the right structure, and a little-known retirement account called a self-directed IRA (SDIRA).

In this episode of Growing the Money, Rich walks you through the foundational tools you need to grow your IRA with confidence, especially when investing in real estate. From land trusts to joint venture agreements, he breaks down what you need, why it matters, and how to avoid costly mistakes. Listen until the end to get a free resource: The Smarter Wealth Blueprint.

You’ll Learn How To:

  • Use a self-directed IRA to invest in real estate deals
  • Double your IRA balance year over year (starting with just $6,000)
  • Structure your investment using land trusts
  • Partner with LLCs or other IRAs to fund deals
  • Protect yourself with clear joint venture agreements

Who This Episode Is For:

  • Beginners with small IRAs who want to grow them fast
  • Real estate investors exploring alternative retirement strategies
  • Anyone confused about paperwork, tax rules, and deal structures

Why You Should Listen:

Rich makes something that sounds complicated, like self-directed IRAs, feel doable and straightforward. You’ll understand how to grow your retirement savings without traditional stock market strategies, and you’ll hear real examples of how to avoid common traps. If you’ve ever thought, “There has to be a smarter way to grow my money,” this is it.

What You’ll Learn in This Episode:

  • 00:00 – Introduction and Goals
  • 00:13 – Understanding IRAs
  • 00:32 – Techniques to Double Your IRA
  • 01:10 – Paperwork and Structure
  • 02:10 – Land Trusts and Partnerships
  • 03:46 – Key Components of a Land Trust
  • 07:19 – Joint Venture Agreements
  • 09:32 – Conclusion and Final Thoughts

Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/

...more
View all episodesView all episodes
Download on the App Store

Growing the Money with Rich LennonBy Rich Lennon

  • 5
  • 5
  • 5
  • 5
  • 5

5

142 ratings


More shows like Growing the Money with Rich Lennon

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,194 Listeners

NPR News Now by NPR

NPR News Now

14,209 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

710 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,781 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

976 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

563 Listeners

Founders by David Senra

Founders

1,941 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,388 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,071 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

5,962 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,836 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,249 Listeners

On The Market by BiggerPockets

On The Market

897 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

848 Listeners