In this episode of the Prosperity Podcast, Kim, the host, interacts with an AI to discuss the principles of prosperity as they apply to a 60-year-old couple with a net worth of $2 million. The AI suggests the sequence of five steps: Estate planning, purchasing life insurance, investing in the education of their children and grandchildren, actively teaching financial literacy to their children and grandchildren, and establishing a charitable foundation or donor advised fund. The next episode is set to cover the same scenario, but for a couple that is 25 years old.

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Best-selling author Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Thinkers thinking and strategies today!

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Links and Resources from this Episode

• For resources and additional information of this episode go to https://prosperitythinkers.com/podcasts/
• https://gravystack.com/prosperity
• https://prosperitythinkers.com/action/

Show Notes

• First scenario introduction: A 60-year-old couple with a net worth of $2 million
• The idea of estate planning and the right to change order
• Investing in the education of your children and grandchildren
• Kim disagrees with the choice of products for investment in education
• Teaching financial literacy to your children and grandchildren
• Positive response by Kim to the fourth solution, teaching financial literacy
• Validation of life insurance as the first step
• Why having a guaranteed lifetime income is important
• Kim's client expressed her stress about having a high net worth but low income

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