Average returns don't mean actual returns. On the surface this doesn't sound like it would be a huge issue. But it is. In addition, the benefit of a 401(k) tax deferral used to be estimated about 9%, but not anymore. And fees continue taking a steady told each year which erodes your compounding base. These factors, as well as liquidity issues and insufficient accumulation of funds in most plans are prompting people to save in other vehicles even if they continue to use a 401(k).

Many of those who speak about the evils of making money are the ones who aren't making any.

Today on WealthTalks, Tom and John talk about why Earning money, as well as Keeping and Giving money, are so important to building and sustaining a strong society.

Make sure your children learn about the flow of money and value in meaningful ways as they grow up, so they can become more productive and creative as adults.

Interest is often seen as a negative thing, but is it? Many people confuse interest with usury, but the two are distinctly different.

Today on Wealth Talks, you will learn the difference between interest and usury, and how to use interest to your advantage.

Also, Tom and John share the next big thing they see coming in the financial world and what you can do to prepare.

Ready to take control of your money? Attend our upcoming LIVE event.

Sustainable Wealth and Investing Seminar Sept 17-18th

Was your question answered? A few weeks ago, Tom and John devoted an episode to answering questions from you, our listeners. But they didn't get to all of them. This week, Tom and John are back to answer those questions.

Also, check out the details for our upcoming LIVE event.

Sustainable Wealth Seminar Sept 17-18th

Many people want to know… should they pay extra interest to their policies? This is not a simple yes or no question. The answer will vary based on few different factors, including how the policy was designed.

On this episode Tom and John dig into policy design and whether or not paying extra in interest make sense.

Sustainable Wealth Seminar Sept 17-18th: https://www.life-benefits.com/sustainable-wealth-seminar/

Tom and John are joined on Wealth Talks by Dr. Steve Hryszczuk.

Dr. Hryszczuk, a Life Benefits client for many years, has carefully managed his policies to successfully invest in real estate as well as financing other things in his life. Today, he shares the different ways he has been able to use his policies, as well as sharing some sound thinking for investing in real estate.

He sends 2 pictures of the foundations for the new Hryszczuk family home and writes...

Here's a metaphor of how I view my WLI [whole life insurance]

It's stable, predictable and always available.

Maybe not the most sexy part of my house, but without it the whole edifice will collapse.

Today's episode is all about answering questions from you and others who listen to WealthTalks.

From questions about serving clients in different geographical locations, to strategy and policy design concepts – you all have some great questions. And we're not done yet…more coming in a few weeks.

Do you have a question for Tom and John? Submit your question to: [email protected]

Recently there was an agent who was claiming to help people with the Infinite Banking Concept. Instead, he was swindling them.

On today's episode Tom and John break down this guy's swindling setup, talk about scenarios which should have been red flags to his clients and what finally happened to the guy. They also share some practical financial tips which can help keep you from being conned.

Sustainable Wealth Seminar Sept 17-18th: https://www.life-benefits.com/sustainable-wealth-seminar/

People are outliving their money, leaving themselves broke in their retirement. It isn't solely because they aren't saving enough, it's also because they are saving in the wrong places.

In today's episode Tom and John assess the current retirement crisis to find out what went wrong. They also share details about our upcoming LIVE event which focuses on being Debt Free, Investing and Funding Retirement.

Sustainable Wealth Seminar Sept 17-18th: https://www.life-benefits.com/sustainable-wealth-seminar/

In 1993 Shawn Tully wrote an article in Fortune Magazine entitled The Real Key to Creating Wealth. The concept of Economic Value Added (EVA) which Tully described changed the way the corporate world looked at creating wealth.

While Tully's article was directed towards the corporate world, the concept is relevant to personal finance as well.

Today on Wealth Talks, Tom and John discuss Tully's article and how it can change your approach and success for building wealth.