In this episode, Paul reflects on what generational wealth really means and questions how life insurance fits into that picture. He talks about the way many everyday people struggle to pay premiums on indexed universal life policies while still feeling financially tight, and wonders if that money might work harder in other places.

Using simple examples, Paul compares a hypothetical $500,000 life insurance policy with buying a rental property or building a portfolio of dividend-paying stocks over 25 years. He walks through how equity can grow in a house, how dividends and compounding can build a stock portfolio, and why real assets might create more usable wealth than a policy that only pays out at death.

The conversation expands into the deeper purpose of generational wealth. For Paul, it is not just numbers on a statement, but the freedom to control your time: going to grandkids’ games on a weekday, taking last-minute cheap flights for quick adventures, and letting your investments, rentals, or businesses work in the background so you do not have to clock in for someone else. He touches on business ideas like pizza or barbecue shops, the risks of rentals, and the importance of having systems and people manage your assets rather than becoming trapped by them.

Throughout, he reminds listeners that these are his personal opinions and part of his own journey of thinking differently about money, freedom, and the legacy he wants to pass on.

Keywords: generational wealth, life insurance vs investing, rental property, dividend stocks, passive income, time freedom, wealth mindset, Paul Hesch.

This content is for educational and entertainment purposes only. It is not financial, legal, tax, or investment advice. Paul is sharing his personal opinions and experiences as part of his own generational wealth journey.