Summary:

Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel review a case study of an accredited investor. This case study is of a 60 year old doctor with a salary of $175,000 and has CD's, savings and other investments.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at [email protected] and we may answer it in an upcoming episode.

Links in this Episode:

Free ebook - www.partners4prosperity.com/ebook

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Show Notes:

00:00 Introduction

00:30 Today's topic: Accredited Investor Case Study

01:25 Cashflow issues don't go away - they just get bigger zeros

02:29 Do your expenses really go down when you retire?

03:28 Case study: 60 year old doctor with a salary of $175k

04:38 Applying the 7 Principles of Prosperity

05:44 The mantra - Go slow and start small

07:57 Getting CD's and cash to create income

11:39 What happens when interest rates go up?

14:49 Is it crazy to buy insurance when you're 60?

17:06 What to do if you can't qualify for life insurance?

18:37 Giving life insurance policies to children

19:22 What to do if you're concerned with the stock market?

21:26 The biggest fear can be inflation

22:28 How much time does a person need to invest in this process?