Traditionally life insurance is for younger couples who have children or a surviving spouse to care for. Well...I'm not traditional, life insurance is just another tool and as with any expert at their craft life insurance can be used to do some pretty incredible things. Listen in on why I think you, or your older parents, or your older friends, should buy life insurance....I cover multiple ways to use this tool.
Episode 57 is my plea to you to see clearly the fact that insurance companies played no roll in the 14 trillion dollar loss of net worth experienced by Americans in 2008. None of my clients lost any money in indexed annuities or indexed universal life insurance and it will help you tremendously to realize that risk is optional in financial and retirement planning. Listen in to see why....
This was supposed to be ten minutes long and ended up almost 30. It's so frustrating to me that what the crooks and liars did to you in 2008 and 2009 creates a fear of using the safe strategies that lost no money at all during that time. Listen in and hear why what I teach sounds too good to be true and how to prove to yourself that there is a financial promised land and everything I teach is available to you and your family in retirement.
No one is allowed to drive a car until the crash test dummies "stress test" the car and make sure you will have the greatest chance of survival. I'm going to show you how to do the same thing for your portfolio: how to stress test the entire plan as a whole, how to stress test each piece individually and how to stress just your portfolio of stocks bonds and mutual funds to know exactly what you would gain or lose in over 84 possible economic situations.
This episode will show you EXACTLY how to know when you can retire and the common mistake that causes you to never know when you have enough money to retire. This is an important episode for sure so dive in, listen to the end and enjoy.
Tiger Woods is great at golf because of how he USES the clubs not because he has great clubs. Give me his clubs and I will not have the same results as he does. In this episode I'm going to show you how to use a Reverse Mortgage to get your investment accounts making 18% per year as just one example. This is a sweet strategy for those who fit the profile. Enjoy
One of the coolest expressions I've ever heard and it fits perfectly with the financial services and retirement planning industry. In this episode I will reveal the "chocolate" that advisors use to lure you into settling for an inferior retirement plan. I was on a 70 foot boat in Honolulu Hawaii so you may hear some pirate sounds!
Indexed Annuities with Guaranteed Lifetime Income Riders are notoriously hard for consumers to understand. It doesn't need to be this way! This episode will help you understand the mystery of the "Income Account Value" and the "Benefit Base" or "Protected Income Value", or whatever your insurance company decides to call it.
Very simply, in this episode, I talk about five things every father could and should do to be the best leader and provider he can be. Happy Father's Day!
How would you like to own a vacation home rather than putting money into boring 401ks and IRAs? What if the financial and emotional benefits can be better doing things a little outside of the box? In this episode I compare investing in qualified plans to owning and enjoying vacation homes!
In this episode, I interviewed Bill Manassero of the Old Dawg's REI Network and Podcast. Bill is in the process of building a 1,000/door real estate empire to create a super-charged, automatic IN-Come account. I love Bill's show, I love what he teaches and after this interview I think he may become one of my closest friends! What a fun guy, we had some laughs. So come laugh at our expense, while you learn to create cash flow in retirement using real estate.
I received my first piece of hate mail and thought I would use it to help you understand exactly why I created this show. There is a trance that most American retirees have been put in and I talk about how to avoid making the costly mistake that this writer just made. Will anyone else besides me like this episode? Time will tell but it sure was fun to make!
Would you like to know how to make 20%-70% on your money? Well you need to completely throw away everything the banks and insurance companies TEACH you to do and DO what they actually do themselves. Arbitrage is the holy grail of investing...listen in to see why.
There is a popular quote "The Devil's in the Details". In this episode, I show you how to find salvation and a bunch of financial angels in the nitty gritty details of how you take policy loans from your life insurance policies. It's literally the difference between never earning interest again and earning interest for life and having money working for you in two places at once!
Do you want to know how to improve, upgrade, or eliminate your term life insurance? What about getting someone else to pay for it? This is just one more notch in your belt as you become a financial black belt. Ao listen in as I explain the six ways to improve a term life insurance policy.
Owning cash value life insurance can be the worst thing or best thing you've ever decided to do. It all depends on whether you know the six ways to improve your cash value life insurance product. A perfect, well-built, retirement plan will probably have some cash value life insurance to cover a Long Life, Short Life, Rough Life, Sick Life, and into The Next Life. Life insurance, built the right way, covers all of them. Listen and learn how to build it properly.
I've never shared this recording with anyone, it was too obnoxious and exaggerated - until now. June 11, 2016 is apparently the right time the world can handle "Up and Down"; a lady with a terrible English accent and airplane cockpits teach you how to have an amazing retirement and financial plan.
This is the last episode in the Financial Tic Tac Toe series. I'm going to cover IN-Crease or Growth Accounts and tell you which ones are my favorite. Once you have guaranteed income for life, you can see what's leftover and that's when the fun begins. This is the money you can use to go play, take risks, and invest in things you are passionate about.
In the 40th episode I cover the IN-Come portion of the Tic Tac Toe Grid which is a grid I created to help myself see what characteristics are most important for each type of money. I'll explain the different sources of retirement income and how to create guaranteed, increasing retirement income.
This Financial Tic Tac Toe Grid is a tool I use to see what's most important for each part of your financial plan. Listen in as I talk about IN-Case Accounts, the most important things to know and then at the end I will tell you exactly where I put my clients' IN-Case Account money. Enjoy
This show starts a four-part series on the Financial Tic Tac Toe Grid. It is important for you to know, before you go shopping for each tool you are going to use in your retirement plan, in what order of importance you should rank Liquidity, Safety, Rate of Return and Tax Treatment. This Grid will show you.
Listen in as I finish what I started in Allowable Malpractive part 1. Here are 5 more ways advisors can legally steal from you and what to do to avoid being robbed!
There are at least 9 completely unethical things that are perfectly legal for your advisor to do to you. In any other industry, well except used car sales, these would be considered malpractice. Empower yourself to catch your advisor using these schemes against you. I'll cover 1-4 in this episode and 5-9 tomorrow.
We've been in a bull market for over 87 months, how does that compare with the average length of a bull market? The average loss in a bear market is 27% are you ready for that loss? Listen in to hear the rest of the story on average gains and length of time for bull markets and average losses and length of time for bear markets. You may just change where you have your money after this one
Help yourself to some sarcastic and exaggerated mockery of what you will find when you try to hire a financial advisor. As odd as this episode is, it will give you incredible insight into the mind of the modern financial advisor.