Wealth Talks

In days gone by many private companies could offer pensions that would actually support someone financially in retirement, but those days are gone and so are the pensions.

The financial side of retirement is extremely uncertain, many mainstream retirement plans are mediocre at best and while the desire to retire persists among people, the financial challenges of retirement have increased.

The Financial Side of retirement can be better than the forecast looks, if you do something different than what most Americans are doing.

Watch this episode and start planning for a better retirement now.

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Listen to the Wealth Talks Podcast on:

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163

Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8

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Inflation is like a thief that never comes.

It is good to protect yourself from inflation in every way you can. The bible says that if the man of the house knew what time the thief was coming he would be on the alert and not let his house be broken into.

We know the thief is here, our duty is to protect our financial house to the best of our ability.

This episode of Wealth Talks Podcast is a timely episode for how to combat inflation in 2024.

Resources:

How to get a Whole Life Insurance Policy: Contact McFie Insurance 702-660-7000 | [email protected] | https://mcfieinsurance.com/

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA==

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Listen to the Wealth Talks Podcast on:

Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8

This is an example of how someone used the Infinite Banking Concept and the cash value of their life insurance to expand their welding and fabrication business. One of the owners of Brothers Fab Shop joins us in the studio to answer all our questions.

We ask about: The expansion opportunity How to borrow from a policy Have they paid the loans back yet How has the expansion affected business and more

This episode of Wealth Talks Podcast is a great episode for anyone who owns a business. This is how the Infinite Banking Concept can work for a business owner.

Resources: How to get an Infinite Banking Policy: Contact McFie Insurance 702-660-7000 | [email protected] | www.mcfieinsurance.com

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch on YouTube: https://youtu.be/Z8XUZ825QP8

In this episode we review the numbers of the first Infinite Banking policy we bought. We have owned the policy for 18 years now so you could say it's an adult policy now. Over the years, We have paid lots of premiums on this policy and we have also used policy loans against the cash value for many things. We go over all of it in this episode, episode 463, of The Wealth Talks Podcast.

Resources: 2 Ways to pay the most hated tax in America: https://www.youtube.com/watch?v=dBG9Gk8lGTw

Get a good Infinite Banking policy for yourself: https://mcfieinsurance.com/ 702-660-7000 mailto: [email protected]

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch on YouTube: https://youtu.be/iOb_5_It0b4

In 2005 our family went on vacation. We drove from Oregon where we lived at that time down to San Diego California to spend some time on the beach. But on this particular vacation Dad may have been more excited about a book he was reading than the vacation we were taking.

We had not been thrilled with all of the results we were getting from the financial advice we had followed most of our life, and here were some of the missing pieces in this book.

The Infinite Banking Concept is a way of thinking that can revolutionize your financial future.

In this podcast we talk about how we found The Infinite Banking Concept.

Resources: Contact McFie Insurance to buy life insurance or for a life insurance review: 702-660-7000 mailto: [email protected]

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch on YouTube: https://youtu.be/D79Rx01vFNQ

Our son Jesse, Is getting married this month, Jesse will be the first of our 8 children to get married. We are very happy for him and his soon to be wife, Alyssa.

We thought it would be interesting and useful to have Jesse join us in the studio for this episode of Wealth Talks to talk about premarital financial considerations, house hunting and wedding plans among other things.

Resources: To buy life insurance or get a life insurance review, contact McFie Insurance. mailto: [email protected] or 702-660-7000.

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch on YouTube: https://youtu.be/8Yj3ICOJbu4

Interest rates are rising right now and being in debt is becoming more expensive all the time. In this episode, episode 460 of the wealth talks podcast, we are going to talk about how to be debt free.

Becoming debt free can be a daunting task, many people will never know what it feels like to be debt free.

People take on debt voluntarily or involuntarily. Voluntary debt in our country often involves student loans and credit cards. Involuntary debt often involves emergencies. To truly be "debt free" you can't have any debt, none, nada, zip, zero. This is how to be debt free.

Resources: https://mcfieinsurance.com/10-20-70-budget-system

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Watch Wealth Talks Podcast on YouTube: https://www.youtube.com/@wealth-talks-podcast

It is good to have life insurance, but having bad life insurance can be worse than having no life insurance at all.

Michele reads a message from someone who writes in about how they bought the wrong kind of life insurance even though they were trying to get good life insurance.

We talk about how to get good life insurance and how to check the life insurance you already have to find out if it is good life insurance.

Life insurance is something you want to get right the first time because it gets more expensive with time.

Resources: Go here to get the free policy checklist we talk about in this episode: https://mcfieinsurance.com/podcasts/how-to-get-life-insurance/

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Watch Wealth Talks Podcast on YouTube: https://youtu.be/rSNhjrw0P0s

The death benefit is probably the most prominent feature of life insurance and the feature most people think of when they think of life insurance. But that's not the only benefit of life insurance, you can use the cash value of your life insurance while you're still alive because your life insurance policy is collateral.

You can also assign your life insurance as collateral to use other people's money.

If you own a business you can use life insurance as a benefits program and to keep critical employees.

Resources: To get term insurance contact https://mcfieinsurance.com/ Mailto:[email protected] call: 702-660-7000

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch on YouTube: https://youtu.be/axpMwXi2s78

Most people think life insurance is for when you die, it is, but, you can also use the life benefits of whole life insurance while you're still alive. What about term insurance though? Is it any good or is it a waste of money?

Many people who have term life insurance now are going to be severely disappointed when their term is up because you can't turn back the clock and get new coverage at the same low rates you had before.

Resources: To get your life insurance reviewed call McFie Insurance at 702-660-7000 or email: [email protected]

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Listen to the Wealth Talks Podcast on: Apple Podcasts: https://podcasts.apple.com/gb/podcast/wealth-talks/id978187163 Spotify: https://open.spotify.com/show/7MOugefeGkTl5jdkhYdjvQ?si=80ce9359d8e54cc8

Watch on YouTube: https://youtu.be/VjQg5RPgEok