Kim Butler, the tenacious wealth expert, demolishes the illusions of universal life insurance, revealing the shocking truth and her quest to champion the reliability and stability of whole-life policies.

In this episode, Jason, Scott, and Kim discuss how to:

• Understand the importance of whole life insurance in achieving financial security and peace of mind.
• Discover the limitations of universal life insurance and why whole life insurance may be a better option for long-term financial planning.
• Learn how savings and liquidity play a crucial role in maintaining financial well-being and preparedness for unexpected events.
• Gain clarity on the key differences between whole life insurance and universal life insurance, helping you make an informed decision when choosing a policy.
• Explore the concept of building a solid financial foundation with emergency and opportunity funds, and how whole life insurance can contribute to your overall financial strategy.

Key Takeaways:

• Understanding Whole Life Insurance

Whole life insurance plays a crucial role in financial planning as it offers both stability and longevity, making it a sound strategy for financial security. 

• Acknowledging the Limitations of Universal Life Insurance

Kim's personal experience with clients facing financial distress due to the inability to sustain premiums, underscores the importance of recognizing universal life insurance as potentially volatile, much like a mobile home.

• Role of Savings and Liquidity

Savings and liquidity form the cornerstone of financial well-being, providing peace of mind during uncertain economic times. 

"Your emergency opportunity money should be stored in a safe place. This goes back to the story that you and I have shared, which is the unbelievable value of liquid savings that are not invested and not in a retirement account.” 

—  Kim Butler

About Kim Butler: 

Kim Butler is a respected guest on this episode of Master Your Millions. She brings a wealth of experience to the table as a former certified financial planner and co-founder of the prosperity economics movement. With eight published books under her belt, Kim has established herself as a knowledgeable authority in the field. Her past collaborations with esteemed figures like Sharon Lecter and Robert Kiyosaki further solidify her credibility. Kim's expertise lies in whole life insurance, making her an invaluable resource for individuals seeking to understand the benefits of this financial tool. Tune in to gain insights from Kim's years of experience and gain a deeper understanding of the role whole life insurance plays in personal finance. Don't miss out on this opportunity to learn from a true expert in the industry.

Connect with Kim: 

LinkedIn: https://www.linkedin.com/in/kimdhbutler/ 

Company Website: https://prosperityeconomicsadvisors.com/summit-4-advisors/ 

Events: https://prosperityeconomicsadvisors.com/summit-4-advisors/ 

X/Twitter: https://twitter.com/kimdhbutler 

Email: [email protected] 

Connect with Jason and Scott:

Website:     https://henderxcapital.com/masteryourmillions

X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs 

Facebook:  https://www.facebook.com/groups/realestateinvestorsofutah 

Instagram: @henderxcapital https://www.instagram.com/henderxcapital/

         @jasonihenderson https://www.instagram.com/jason.henderson/ 

Email: [email protected], [email protected]