Wealth Talks
Welcome to Wealth Talks where we talk about solutions, money, and other things that create wealth in your life
info_outline
How to "Budget" for Your Prosperity and Wealth
09/17/2019
How to "Budget" for Your Prosperity and Wealth
Many budget systems give you a good feeling as you start, but cannot produce the sustainable results you need to build real prosperity. As an example take Senator & Presidential candidate Elizabeth Warren’s book which recommends a 50-20-30 budget system. This budget system reminds you of a typical government budget when you realize that only 50% of your income is allocated to necessities that require 60% of an average American household income. Oops! Maybe you could fit necessities into 50% of your income, especially if your income is above average, but this is not a great plan for keeping more of the money you make OR building prosperity. Better start with something you know will be sustainable and a plan to NOT lose the money you save. Try the 10-20-70 system and make sure you “pay yourself first”. This system has been around for a long time. You know it will be sustainable and if you can save more than 10% (or 30%) of your income, all the better. Resources: See how the 10-20-70 Budget System Works + Get the Worksheets Free
/episode/index/show/wealthtalks/id/11289128
info_outline
Becoming Wealth Fit with special guest and client Dustin Matthews
09/10/2019
Becoming Wealth Fit with special guest and client Dustin Matthews
Special guest Dustin Mathews from WealthFit has seen people MAKE a lot of money in the Speaking & Marketing world, but KEEPING that money is another story - they usually don’t. Yes, there are shooting stars that burn brightly for awhile and they burnout too. It’s good to ask yourself, from time to time, whether you want to stay on the path you’re traveling or if, like Dustin was, you’re addicted to the search for a BIG payday that never comes. Don’t simply follow a primrose path to the detriment of real wealth in your life. Make sure you create sustainable results for yourself and your family. Dustin has repurposed his life to make more time for family and the things that really matter. And he hasn’t neglected Money either because money is an important part of Wealth. Hear how Dustin has used his whole life policy + a lesson he learned that could save you money on your next vehicle purchase. Resources: Get your cabin on the Wealth Cruise: Cruise Information here or call 702-660-7000 Get the McFie’s WealthFit courses here: Wealth That Lasts - Dr. Tom McFie Getting Out of Debt - Michele and John McFie Note: When you get these courses there is an optional upgrade to access ALL courses on the WealthFit platform. If you try that, but decide not to continue after the free trial be sure to check that it doesn’t renew automatically anyway. This seems to be a technical problem which the WealthFit team is still working through. Disclaimer: Life Benefits does not recommend or endorse any other WealthFit courses, content or strategies.
/episode/index/show/wealthtalks/id/11202731
info_outline
You Don’t Have to Lose Money IF You Don’t Gamble with Risk
09/03/2019
You Don’t Have to Lose Money IF You Don’t Gamble with Risk
Compounding is wonderful when it’s working continuously for you - and not so wonderful when large losses interrupt the process. But you don’t have to lose money if you don’t gamble with risk. ♠️ You can’t always trust what people tell you to do with your money, but you can watch what wise people are doing with their OWN money. Warren Buffet says to be “Fearful when others are greedy and greedy when others are fearful.” Stock-piling cash when other people are greedily chasing the market, can be a great strategy; then instead of gambling with risk you can take more calculated risk (if & when you wish) and you can secure a compounding foundation of guarantees. Start with guarantees and you can build a financial portfolio with both guarantees and results from calculated risk. Start by gambling with risk and you will never see the full potential of guarantees in your portfolio. Disclaimer: Life Benefits its agents, and representatives are not authorized to give investment, legal or tax advice.
/episode/index/show/wealthtalks/id/11114063
info_outline
Krish Dhanam - How Your World View Affects Your Thinking and Wealth
08/27/2019
Krish Dhanam - How Your World View Affects Your Thinking and Wealth
Few people in the world can define and highlight, social paradigms so clearly as Krish Dhanam, your special guest on this show. Krish is entertaining as he brings a wealth a knowledge and understanding of multiple world views, into wonderful perspective so you can apply the lessons in real life. You might be thinking: “Why are you talking anthropology on a Wealth podcast?” Because, Popularity ≠ Truth and the popular definition of truth as something relative, is a social issue of our time, with far-reaching reverberations; absolutely affecting your wealth and prosperity. Creating wealth requires you to connect with people. When you connect with people it’s important to find common ground where you can agree upon certain absolute truths in order to work together effectively. When you understand different world views and how people are thinking, you’ll be able to make more quality connections. Some people do this instinctively. When you understand the process consciously, it is empowering and exciting. Resources: Wealth Cruise October 19-26th in the Eastern Caribbean
/episode/index/show/wealthtalks/id/11022413
info_outline
How to Manage The Money in Your Marriage
08/21/2019
How to Manage The Money in Your Marriage
Strife over money is the #1 reason couples bring up as they file for divorce in America. The amount of money involved doesn’t seem to be a significant issue, nor how money is saved or what is purchased, but rather how one spouse (or both) makes the other FEEL about money. You see, blaming money is an easy way out. Communication around money is often the key problem, and this requires both spouses to take responsibility for at least part of the problem. Good News! A communication problem can likely be resolved so the differences you do have (and will have) about money will seem trivial in the end. On this show you will hear ideas for communicating with your spouse about money matters. You’ll hear why you should NOT try to “change your spouse” or share everything “equally” and why the His/Her money option is not a good way to cope with a problem. Even if you’re not married, the material in this show can help you become a better communicator and to get along better with more people. Do you have a marriage with successful communication around money? Please share your thoughts in the comments below or write in to podcast@wealthtalks.com Resources: Wealth Cruise October 19-26th in the Eastern Caribbean: https://www.eventbrite.com/e/7-day-wealth-cruise-seminar-tickets-56010515961
/episode/index/show/wealthtalks/id/10937279
info_outline
What is Truth? A Historic Question Critical to Your Prosperity
08/13/2019
What is Truth? A Historic Question Critical to Your Prosperity
Truth has been so distorted, and redefined in our world that it’s easy to wonder if there really is absolute “truth” anymore. Experts tell people to embrace a new world 🌎 where everything is “relative” to everything else - a world where Opinion trumps Fact and nothing is totally certain. This is a corrupt idea with dangerous consequence for your prosperity and wellbeing. The issue is politically charged too with far-reaching effects into education, interpretation of history, nationality, and a redefinition of family and individual rights. These elements are ALL important if you want to realize full prosperity and financial wealth in your life. The financial world is no exception: Average and Actual Rates of Return are confused and promoted along with a myriads of assumptions and sleight of hand reporting practices which lead to outright guessing and fabrication around most financial projections. Remember to pause and think through information before choosing your position. This isn’t a simple feel-good choice, like which sports team will be your favorite - this is about your wealth, prosperity and the world you want your children and grandchildren to live in. Resources: “The Dress” - Is it White and Gold or Blue and Black?: https://en.wikipedia.org/wiki/The_dress
/episode/index/show/wealthtalks/id/10875379
info_outline
Avoiding Loss Can Be More Important than Making Profits
08/06/2019
Avoiding Loss Can Be More Important than Making Profits
In the 1970’s DMSO was very popular with athletes🏃🏽♂️but you had to go to the vacuum store to get it. Where is DMSO today? What about other Fad remedies that come and go? You can see a similar pattern in the Financial World too. Fads come and go, the Guarantees stick around through thick and thin. Some fads are harmless, but many times the smartest thing you do with a Fad is - avoid it. Just because “everybody is doing it” doesn’t mean that automatically becomes a good thing to do. Processionary caterpillars provide a great example on how this habit can be fatal. When it comes to your money, don’t let an overnight fad burn out, taking your life savings along with it. Always make a point to look deeper than the superficial excitement around any proposition. Resources: Order Doctoring Data by Dr. Malcom Kendrick on Amazon.com: https://www.amazon.com/gp/product/1907797467/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=lifebenefit09-20&creative=9325&linkCode=as2&creativeASIN=1907797467&linkId=abd39d49d531ff6552edeebead064532 Black Swan Video Summary by John McFie: https://www.youtube.com/watch?v=5K74rH0OriI
/episode/index/show/wealthtalks/id/10799810
info_outline
Choices and More Choices - Where are the Guarantees?
07/30/2019
Choices and More Choices - Where are the Guarantees?
Life Insurance, Index Funds, Mutual Funds, Low Fees, Lower Fees, - hey even Negative Fees now! 💫 Risk, Risk Management, Risk tolerance... how in the world do you know what to do, let alone know how the results will turn out? Only by building on a foundation of Guarantees can you navigate the financial world with any sort of confidence. No mortal can tell you exactly how the future will turn out. Accept this truth and protect yourself from volatility, then take a cue from 🍔 Burger King and 🍟 McDonalds, and you’ll be able to bypass most financial advice (and shenanigans) no problem. Truth can be tricky to search out; it is very simple and logical when you find it. Manage your own money and this can mean lots of extra $ that stay in your pocket rather than subsidizing superfluous money managers.
/episode/index/show/wealthtalks/id/10633100
info_outline
Special history about the Apollo 11 Astronauts & Life Insurance Mortality Table Updates
07/23/2019
Special history about the Apollo 11 Astronauts & Life Insurance Mortality Table Updates
In this episode: Life Insurance Companies are updating their products for the latest 2017 CSO Mortality tables (CSO = Commissioners Standard Ordinary). The previous major CSO tables were assembled in 2001. There are some changes that will affect new policy values because people are living longer now. Listen to hear what these changes mean for you. Special history on the Apollo 11 astronauts! (timecode: 4min 37sec) 🚀 As we celebrate their achievement with the Moon landing 🌙 and their safe return to earth 🌎 50 years ago this week, it’s a great time to reflect on how the astronauts planned for their families just-in-case they did not make it home alive. These 3 heroes could not qualify for Life Insurance, but they did have the brilliant values to protect their families before they left on the dangerous and historic trip to the Moon.
/episode/index/show/wealthtalks/id/10630373
info_outline
Should You Defer Taxes or Keep Your Money and Never Pay Tax Again?
07/16/2019
Should You Defer Taxes or Keep Your Money and Never Pay Tax Again?
Deferral has been called “magic” 🎩 in the financial world. Deferral can help you accumulate more money, but will it actually provide you more money to use? This is a gamble on where tax rates could go and how the market might perform. Where are taxes going in the Future? Listen for what you should consider before jumping on the Tax Deferral bandwagon. Just because “everyone is doing it” doesn’t automatically make deferring your taxes the best thing to do. Right now, Congress is contemplating changes to deferral/distribution rules such as the “SECURE” Act which has passed the House of Representatives and sits in the Senate. If you have deferred taxes over your lifetime, it’s worth considering the possible outcomes while there’s still time to make some changes before you actually need the money. Don’t gamble with your with your financial future! Make sure you have a guaranteed foundation of at least some money you can access tax-free. This gives you better options for your Passive Income and providing a legacy. Resources: The Big Bank Bailout - Forbes.com Article Come on the Wealth Cruise October 2019 - Link
/episode/index/show/wealthtalks/id/10547813
info_outline
Recover the Cost of Caregiving by Family Members
07/10/2019
Recover the Cost of Caregiving by Family Members
Did you know that nearly 3 out of every 10 people provide care for chronically ill, disabled or aged members of their family? 😨 It’s true, and more than 1 out of 10 of these family caregivers provide 40 or more hours of care per week! Whether you’re directly providing this care or financing the care for your family - this can really affect your finances FAST. But your retirement and legacy shouldn’t have to suffer for this important priority IF the family plans ahead. Don’t wait until it’s too late. Explore the options and get perspective for your family plan. There’s a good case for Adult Children to Insure their Parents, but this isn’t always possible. Even if parents don’t want to leave a legacy, the best solution includes a way to restore the financial burden resting upon family care-givers (or care-financiers). Resources: The Case for Insuring Parents and Loved Ones - Article on InsuranceNewsNet.com Get a Life Insurance Quote Wealth Workshop in Bellingham, Washington July 27th Wealth Cruise October 2019 - See Event Details
/episode/index/show/wealthtalks/id/10465490
info_outline
Financial Freedom for you Retirement Income Strategy
07/02/2019
Financial Freedom for you Retirement Income Strategy
Happy Independence Day! 🇺🇸 It's a great time to consider how you exercise your Financial FREEDOM. Financial planning used to be simple. Today there are infinite possibilities - some good - some bad. You want sustainable Passive Income in your Golden Years? Now is the best time to optimize your money - create stability and better options for the future. This is not as hard as you might think. Traditional tools with solid guarantees are still the best way to build your foundation. Also a follow up to last week’s show… people say “you won’t need a Life Insurance Death Benefit” in the future - discover why this is probably not true. Of course a life insurance death benefit can be income tax free, but that’s not all. Listen and discover another role where a permanent death benefit can become a unique planning tool for your future and passive income. Resources: How Much Will You Need for Retirement - Podcast Retirement Remastered - Smart Strategy for Passive Income in Your Golden Years - Article Wealth Cruise October 2019 - Info Link Coming soon - a video bringing unique perspective to how you want to manage your finances. Subscribe here for updates
/episode/index/show/wealthtalks/id/10302413
info_outline
Why You Don’t Want to Buy Term and Invest the Difference
06/26/2019
Why You Don’t Want to Buy Term and Invest the Difference
A L Williams popularized the concept of “Buy Term and Invest the Difference” in the 1970’s. When market returns are looking good this concept seems to make a come-back even though it’s flawed with big assumptions. They say you won’t need a death benefit when term insurance gets expensive. They say your investments will do better than whole life insurance. Maybe, and maybe not. You want guarantees? Then you want to build a strong financial foundation with guarantees before you invest. Investing isn’t bad, but don’t throw away guarantees for speculative possibilities. Resources: Buy Term and Invest the Difference? - Video Example with ROR How to Build a Secure Financial Foundation - Video with Ben McFie and a Donut Stack
/episode/index/show/wealthtalks/id/10296002
info_outline
Life Insurance Policy Loans to pay Premiums – Should You DO This?
06/18/2019
Life Insurance Policy Loans to pay Premiums – Should You DO This?
Catch this Special Interview with Alex. Alex contacted our office for some policy reviews after his agent told him “let policy loans pay your premiums.” This started in the 90’s. 20+ years later results are plaintive. These were (and still are) good policies, but the funding strategy backfired. Policy loans can enable you to take great financial opportunities without giving up guaranteed growth + dividends on your money, and like any good strategy this can be taken too far. Good rule of thumb for Policy Loans = Make sure you’re always making or saving more money than the interest when you take a policy loan. Can you use a policy loan to pay a premium if you’re in a cash flow crunch? Of course, just don’t make this your long-term habit. DO make sure you’re always aware of the interest on any and all policy loans that you take. Plan to review your strategy regularly - about 1x year is a good idea. Contact Life Benefits for a complimentary policy review.
/episode/index/show/wealthtalks/id/10200815
info_outline
Stock or Mutual Insurance Company?
06/11/2019
Stock or Mutual Insurance Company?
Most public facing insurance companies today are organized as stock-held companies. 🏢 Many mutual carriers have reorganized as mutual holding companies. What does this mean for you? Example: You get a whole life policy from a mutual carrier. BUT then the contract says your policy was issued by a stock company! You still participate/receive dividends + have voting rights as a mutual policy holder, so what just happened? No cause for alarm. If you chose a mutual holding company, this is normal. Here’s how a typical mutual holding structure works and what you should know as a policy holder with a company organized in this manner. Topic #2: What is the 7-pay test? One of you recently asked a question about the 7-pay test. Today you get the answer + hear why some people intentionally want policies that are Modified Endowment Contracts. And yes, this does make sense sometimes. Resource: Here’s the link to order Winning Your Financial GAME - Book and Study Guide
/episode/index/show/wealthtalks/id/10127277
info_outline
Can You Really Make Money by Taking a Vacation?
06/04/2019
Can You Really Make Money by Taking a Vacation?
Some gurus say you can “make money” by taking a vacation financed by a policy loan, but is this really true? 🤨 Taking a vacation is an obvious expense - there is a cost - at some point you have to make the money to pay for your vacation. Here’s how to tell the Facts apart from Fluff. Yes, you can “Recover/Offset” money on your next vacation… and it also takes TIME. Checkout How to Recover Thousands on Your Next Vacation - Article for further info with a numeric example. When it comes to your Homeowner’s insurance 🏠… How many times have your filed a claim in the last 7-10 years? Do you usually file small claims (say under $5,000) or take care of them out-of-pocket? What is your deductible? Your answers to these 3 questions could help you save on your premiums in the future. Resources: Get Your LexisNexis Personal Report To Claim or Not To Claim - Article More About Umbrella Insurance (including Average cost) - Article
/episode/index/show/wealthtalks/id/10051751
info_outline
What Type of Life Insurance Do You Really Want?
05/28/2019
What Type of Life Insurance Do You Really Want?
Some advisors tell you to Buy Term Life Insurance and Invest the Difference, but there is a better way (no secret). 🤔 Some advisors tell you to Buy Universal Life Insurance (UL, VUL, EIUL or IUL variants), but this is really a pre-packaged form of the same strategy 🎁 - Buy Term and Invest the Difference. There’s still a better way! We tell you to buy Whole Life Insurance with a strong PUA rider (Paid Up Additions) + maybe some convertible term insurance (separate policy)…AND you will hear WHY this is the best way to go. When all the pieces come together it just makes sense! You want to keep your options on the the table as fully and as long as possible, and you remember Warren Buffet’s first 2 rules: #1 Don’t Lose Money; #2 Don’t Forget Rule #1. Also on this show a quick review of how long you should think of keeping the PUA rider on a Whole Life Insurance policy for the best results. Resources: Do You Have a Friend Selling Indexed Universal Life Insurance? - Podcast Nassim Taleb - Author, Investor & Philosopher Should You Have a Term Rider? - Video
/episode/index/show/wealthtalks/id/9956951
info_outline
Are You Managing Risk by Hiding It Instead? Don't let this Bite You!
05/21/2019
Are You Managing Risk by Hiding It Instead? Don't let this Bite You!
Did you know, that successfully avoiding risk can be more important to your wealth than finding great returns? ⚠️ But most people (including financial planners) think they can “manage risk” when they’re simply hiding the risk instead. Don’t let this bite you.🦈 Learn from a real-life story of Steve Wynn’s Mirage Hotel & Casino + the fact that “In the last fifty years, the ten most extreme days in the financial markets represent half the returns. Ten days in fifty years!” In 1911 the Supreme Court ruled Life Insurance was a Transferable Asset, and Justice Oliver Wendell Holmes wrote the court opinion saying life insurance is one of the “…best recognized forms of investment and self-compelled saving.” Discover how you can manage risk through whole life insurance in a way that’s impossible through the Stock Market alone. Resources: Supreme Court Ruling Grigsby v. Russell (1911) - On Life Insurance as Transferable Property How to Read a Life Insurance Illustration - Video The Black Swan - book by Nassim Taleb
/episode/index/show/wealthtalks/id/9872069
info_outline
Cut Through the Fluffy Marketing to Build Your Wealth Securely
05/14/2019
Cut Through the Fluffy Marketing to Build Your Wealth Securely
You will hear all sorts of fluffy marketing terms when it comes to building wealth with life insurance. 🎧 Listen for tips on how to cut through to the real meaning and understand the keys to manage your money wisely. A good litmus test that still holds true = “If it sounds too good to be true, it probably is.” Of course Truth does provide amazing results, AFTER the foundation has been laid. Good things take time to grow. It’s not so much about the money you SAVE - its about the Money you KEEP and there is a big difference! Not all advice is applicable for all levels of financial strategy - This is one lesson that will always help you stay on track at every level of your financial journey. Resources: How to Read a Life Insurance Illustration - Video Life Benefits Website - Blog, Podcast, Videos
/episode/index/show/wealthtalks/id/9784040
info_outline
How are Numbers Looking on Actual 2018 Tax Returns?
05/07/2019
How are Numbers Looking on Actual 2018 Tax Returns?
Are you having to pay more income tax for 2018 than you planned?🇺🇸 Jack Cohen CPA joins us for a quick interview to share what he’s seeing as 2018 returns are processed. You may not be getting as big a tax refund this year because of the way withholding is calculated under the new law...instead, you most likely keep more with every paycheck. The IRS will be releasing a new W-4 form later this year which could complicate withholding for employees. Most Americans are indeed paying less federal income tax overall UNLESS you live in a high-income/property tax state like California, New York, New Jersey or Illinois. Section 199A of the new law is great for business owners, but there are special situations CPAs are working through for the first time. Small changes can significantly affect your bottom line and calculations can be complex. Good idea to get a second opinion if your 2018 return doesn’t seem quite right. Contact Jack Cohen for a Free Review of your tax return - no strings attached: 702-255-2330 Resources: 2017 Law Cut Taxes for Most Americans - NY Times Campbell Jones Cohen CPAs - Website
/episode/index/show/wealthtalks/id/9694193
info_outline
Should You Do a 1035 Exchange?
04/30/2019
Should You Do a 1035 Exchange?
Similar to a 1031 exchange in Real Estate 🏘, a 1035 exchange lets you avoid tax and transfer your “cost basis” when exchanging life insurance policies. Do you have a policy that isn’t performing the way it ought to be? Is your insurance agent wanting you to exchange into a new life insurance policy? Should you do this? Here’s an overview with Pros and Cons and what you want to know to decide whether a 1035 is the best idea for you. Also some clarification around when it makes sense to take a policy loan - triggered by a recent conversation with Dr. Jim. Thank you Dr. Jim! Resources: Atlanta Workshop - May 4th 2019 How to Read a Life Insurance Illustration - Video
/episode/index/show/wealthtalks/id/9596453
info_outline
Vacation on the Wealth Cruise in October 2019
04/23/2019
Vacation on the Wealth Cruise in October 2019
🛳 Come experience the Wealth Cruise Oct 19-26th 2019! Launching from Ft. Lauderdale, FL and touching ports in St Thomas, Grand Turk, Half Moon Cay, and San Juan you can expect delightful destinations with beautiful blue waters AND… You’ll get to hear proven practices for wise Money management, strong Family Relationships and good Health from the McFie Family, Krish Dhanam and Dr. John Bergman. This will be an experience much different than the Wealth Summits! Cabin prices start at 1,698 (double occupancy). Only 350 deposit per cabin is required to reserve. May 1st is the soft deadline. This means prices can go up after May 1st and availability is not guaranteed. Reserve your cabin now and start looking forward to this one-of-a-kind experience. Contact Anila Dhanam to reserve your cabin: 469-261-6067 Contact Life Benefits for general cruise questions: 702-660-7000 Resource Links: Wealth Cruise Info Interview with Dr. John Bergman - Podcast Archive Interview with Krish Dhanam - Podcast Archive
/episode/index/show/wealthtalks/id/9506099
info_outline
What You Should Know About Disability and Long Term Care Insurance
04/17/2019
What You Should Know About Disability and Long Term Care Insurance
Wikipedia reveals 91 different types of insurance 😲 - many of them you will never need. Life Insurance gets high attention on this show with good reason. There is a place for other types of insurance too. Did you know there is insurance that will pay you an income if you become disabled (Disability / Disability Income Insurance)? There’s also insurance to help cover expenses for Long-term care such as Assisted Living. Today John and Gracine McFie share what you should know about these 2 types of insurance. Call for personalized quotes: 702-660-7000 Resources: More info on Disability Insurance - www.ProDisability.com
/episode/index/show/wealthtalks/id/9425594
info_outline
Life Insurance Lingo Made Easy
04/09/2019
Life Insurance Lingo Made Easy
What’s the difference between direct and and non-direct recognition? Does it matter? 🤷♀️ How does Re-insurance protect policy owners and beneficiaries? An inside perspective on Artificial Intelligence (AI) coming into underwriting processes. Official Ratings versus strong financials and Capital Surplus. Special Interview with 2 Vice Presidents of Ameritas Life Insurance Company: Rob Sharp and Kelly Halverson (Kelly is also an Actuary - one of the scientists who crunch the numbers behind life insurance) Ameritas provides a great selection of whole life and term life insurance policies with strong guarantees. Questions answered, big words made easy + an inside perspective on what it takes to make strong guarantees for policy owners at Ameritas. Resources: Ameritas 2018 Annual Report - Open Ameritas Financial Highlights - Web Link Direct of Non-Direct Recognition: What Difference Does it Make? - Blog
/episode/index/show/wealthtalks/id/9333266
info_outline
Insurance Company Ratings and What they mean for You
04/02/2019
Insurance Company Ratings and What they mean for You
Come behind scenes and hear the reasoning around insurance company ratings, portfolio management, dividends and what it all really means for you in this special interview with Karl Kreunan - Vice President of Ohio National Financial Services. Karl makes detailed life insurance topics easy. “Life insurance is a significantly underutilized financial asset” - use it in your life and enjoy the financial security it will provide for you and your family. Astronaut Neil Armstrong knew the value of life insurance, but he couldn’t get any before his trip to the moon because of the high risk. Find out what he did instead. Call us for a personal strategy session: 702-660-7000 Resources: Ohio National’s 2017 Annual Report - Open
/episode/index/show/wealthtalks/id/9244262
info_outline
Would You Take a 5% Average Rate of Return?
03/27/2019
Would You Take a 5% Average Rate of Return?
You will love this entertaining and useful example of a 5% average rate of return! 😯 And you’ll never think the same way about AVERAGE returns again. Explore how returns work in life insurance and what type of life insurance works best as a guaranteed foundation of protection and savings for your family. Information is everywhere today, but real Knowledge and Understanding are the keys 🔑 you’ll need to win big because at the end of the day it’s not all about how much money you can MAKE, rather how much you KEEP. Make sure you are playing the LONG GAME. Resource: How Life Insurance Works - Video
/episode/index/show/wealthtalks/id/9155861
info_outline
When trying to get ahead can put you behind
03/19/2019
When trying to get ahead can put you behind
When first hearing about The Perpetual Wealth Code™ you might wonder if you need to do something else first. Do you need to SAVE first? Or PAY OFF DEBT first? Or should you INVEST first so you have more money to do the Perpetual Wealth Code™? Discover what you should do first and what comes next on the best road to financial freedom. It all makes sense when you get the full perspective. Call us for a private strategy session to gain perspective on your finances and how the Perpetual Wealth Code™ can work for you: 702-660-7000 ALSO IN THIS EPISODE: A recent caller with maxed out credit cards 💳 wants to retire in 5 years by investing in Real Estate. 🏠 Is is it possible? Listen to this episode to hear the details
/episode/index/show/wealthtalks/id/9069443
info_outline
How to Keep More of The Money You Make
03/12/2019
How to Keep More of The Money You Make
Recent questions reveal a natural perspective around using participating whole life insurance to build your wealth. Discover how policy loan interest works, what “backdating” means and what the “break-even” point means for you and your wallet. In the second half of the show, you’ll learn the power of the Perpetual Wealth Code™ and tips for managing money in your financial toolbox. Resources: Definition of the 7-pay period Dividends Explained - Podcast
/episode/index/show/wealthtalks/id/8981066
info_outline
A Huge Inheritance to Massive Debt and now Financial Freedom - Mark Dealy’s Journey to financial success
03/05/2019
A Huge Inheritance to Massive Debt and now Financial Freedom - Mark Dealy’s Journey to financial success
/episode/index/show/wealthtalks/id/8877713
info_outline
How You can Benefit from Life Insurance Company Profits
02/27/2019
How You can Benefit from Life Insurance Company Profits
Everyone knows life insurance companies make good money, and they don’t share profits with all policy owners. Neither do all policy owners get equal benefits from guarantees provided by life insurance companies. Discover what’s going on behind the scenes with company structure, and policy design. Armed with this knowledge you can maximize your guarantees from certain life insurance companies and share in the profits of the insurance company as well. A good Life Insurance policy can be a wonderful financial tool once you sort through the fluff to reveal the real solid products that are available.
/episode/index/show/wealthtalks/id/8799227