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Building a Legacy of Wealth and Abundance

Building a Legacy of Wealth and Abundance

FromJake and Gino Multifamily Investing Entrepreneurs


Building a Legacy of Wealth and Abundance

FromJake and Gino Multifamily Investing Entrepreneurs

ratings:
Length:
28 minutes
Released:
Apr 26, 2023
Format:
Podcast episode

Description

In this insightful episode, we're joined by Mina and Ryan Rickey, who share their compelling story about how a 100 Year Whole Life Insurance policy guided them toward smart financial decisions and achieving their long-term objectives. We delve into the world of Whole Life Insurance and discuss why it can be a wise financial choice for certain individuals – particularly those who appreciate guarantees, tax benefits, and steady cash value accumulation. Mina and Ryan recount how they discovered this financial strategy through Jake and Gino, and the reasons it resonated with them. We touch on common personal finance pitfalls, like the "shiny object syndrome" or the temptation to pursue the latest investment craze or get-rich-quick schemes. One of the most intriguing parts of the podcast is the discussion around the 100 Year Strategy, which combines Whole Life Insurance with a tailored plan for borrowing from and repaying money to the policy. Mina and Ryan share how they have leveraged this approach to fund various expenses and opportunities, such as a down payment on a house, a business investment, and higher education for their children. Additionally, we explore the mindset of being a 100 Year Investor, which involves long-term thinking and considering the impact of financial decisions across multiple generations. Mina and Ryan articulate their vision of building a legacy of wealth and abundance for their family and community, and how the 100 Year Whole Life Insurance policy plays a key role in that aspiration. Key Moments: 00:00 Introduction 02:00 Whole Life Insurance as a prudent financial decision 03:38 Avoiding the shiny object syndrome 06:20 Managing personal finances and business finances 10:40 The Bank on Yourself concept and the 100 Year strategy 15:42 Keeping a 100 Year Mindset 20:33 The power of working with the Jake & Gino Community Finally, we wrap up the conversation by highlighting the power of working with a supportive community of like-minded people, such as the Jake & Gino network. Mina and Ryan explain how they benefited from the education, resources, and encouragement provided by this group of real estate investors and entrepreneurs, and how it helped them achieve their financial goals faster and more effectively. That's a brief summary of our podcast episode with Mina and Ryan Rickey on how the 100 Year Whole Life Insurance policy helped them make sound financial decisions. If you're interested in learning more about this topic and how you can apply these strategies to your own financial situation, please listen to the full episode and share your thoughts with us in the comments. And don't forget to subscribe to our podcast for more inspiring stories and practical advice on personal finance and wealth-building. Thanks for tuning in! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Learn how to ride the wave of current market conditions and uncover the hotspots for investment! To know more about long-term personal financial engineering and options for building legacy wealth, connect with our Team at www.100yearRei.com Bonus resources: For more on investing and building long-term wealth, check out this podcast on a strategy with more consistent dividends: https://100yearrei.com/are-you-looking-for-an-investment-with-consistent-dividends/ SCHEDULE A Call: https://100yearrei.com/callnow/ ^To talk to our Team about adding a Permanent Life Insurance Policy to your financial plan (and even the plan for your children), get in touch with our Team here^ About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-... #wholelifetips #wholelifeinsurance #insuranceti
Released:
Apr 26, 2023
Format:
Podcast episode

Titles in the series (100)

What started out as a conversation between friends exploded into a thriving real estate investment business that continues its growth and profit. Jake and Gino are both experts in multifamily real estate investing and have achieved, by hands-on doing, the sort of financial freedom they've always wanted but were unsure was attainable. If you’re interested in multifamily strategies, syndication, increasing cash flow or just some good old fashion “make it happen” attitude, then this show is for you!