Yeah i agree 100% about Dave. I am grateful for him for getting started on this financial freedom path, but watching him and seeing how passionately stuck on his method he is, was a major turn off for me. Glad your videos found me and I'm enjoying life just a little bit more than before so thank you!
Garrett, thank you so much for this video. I will likely be making a similar video in the next couple weeks. I love the Life Insurance Retirement Plan (LIRP), Bank on Yourself and what you call Cash Flow Banking Policies. I have designed and sold them for many years. One of the reasons I started my channel was because I watched a Dave R. podcast on RUclips and he was so mean and angry and disrespectful, I said "I need to start a channel where people get the truth and where they are treated properly" I agree with getting out of debt, taking control of your finances and living within your means. After you do that, GROW YOUR MEANS! Invest, build wealth, have a huge net worth... build multiple streams of passive cash flow. Teach people correct principles and let them govern themselves. Most people will surprise you with what they do after they have learned and been taught properly.
Good video - what I want to know is this: When the nice co-host who isn't into this stuff as much as the other two asks both of them to refer to an agent to set up a policy, where do they send her? I want to talk to people who are familiar with this stuff and aren't going to write me and my family an awful policy. Educating myself here and in books before even calling because I don't want to get sold a bad policy and spend decades putting cash into something that isn't optimal.
Information very interesting... But it just makes me think...Just curious... If you have all that money why do you still wash your car and iron your own shirt, etc.? Isn't money to ease your life and live and do other fun things?.... instead doing those tedious tasks?
I used to hire someone to wash my car.....I have used laundry services, it just depends on effort versus reward. I have house cleaners. Pool maintenance and cleaners. And I may only iron once a month (usually when I'm traveling) but it depends on the time energy matrix.
I felt like I could have written Jason's letter: I'm also 37 with 2 kids and trying to figure out the best way to set up my whole life policy. From what I gathered, it sounds like a policy with a cash accumulation focus (with PUA and term riders) is the best way to go at this stage in my life? Break even around the 5-6 year point?
Yes, maximize cash accumulation. Each person has their own unique situation, so finding an agent that specializes in this type of policy is key. I started 2 years ago basically as an alternative to a savings account. This gives me a higher overall return, is safe, and also provides a death benefit. Good luck to you!
So I have policies from previous mortality tables that will break even in year 7. The new ones I’m designing are breaking even best case year 8-9. That shouldn’t matter to anyone. This is a long term generational wealth strategy and not a short term gimmick.
Yeah i agree 100% about Dave. I am grateful for him for getting started on this financial freedom path, but watching him and seeing how passionately stuck on his method he is, was a major turn off for me. Glad your videos found me and I'm enjoying life just a little bit more than before so thank you!
One of your Best shows EVER!. I just opened a Whole Life Ins. Policy and you hit every point of importance in this video. This is inspiring.
Hey and what is it ? I’m looking for. One
Garrett, thank you so much for this video. I will likely be making a similar video in the next couple weeks. I love the Life Insurance Retirement Plan (LIRP), Bank on Yourself and what you call Cash Flow Banking Policies. I have designed and sold them for many years.
One of the reasons I started my channel was because I watched a Dave R. podcast on RUclips and he was so mean and angry and disrespectful, I said "I need to start a channel where people get the truth and where they are treated properly"
I agree with getting out of debt, taking control of your finances and living within your means. After you do that, GROW YOUR MEANS! Invest, build wealth, have a huge net worth... build multiple streams of passive cash flow.
Teach people correct principles and let them govern themselves. Most people will surprise you with what they do after they have learned and been taught properly.
Good video - what I want to know is this: When the nice co-host who isn't into this stuff as much as the other two asks both of them to refer to an agent to set up a policy, where do they send her? I want to talk to people who are familiar with this stuff and aren't going to write me and my family an awful policy. Educating myself here and in books before even calling because I don't want to get sold a bad policy and spend decades putting cash into something that isn't optimal.
This is who we work with: cashflowbanking.com/success/
@@GarrettGundersonTV thanks Garrett.
Taking financial advice from John Wick lol. But on a serious note thank you for this content. Love every second of it.
A very informative and lively conversation. Thanks!
Why did the guy say to stay away from index universal life insurance? I thought that was the best permanent life insurance at this point.
Read my article on Forbes www.forbes.com/sites/garrettgunderson/2020/04/15/the-risks-of-cash-value-life-insurance/?sh=76a5d16f1514
Exposes concerns on IUL
Thanks, keep strong and carry on 😇
Sure will. Thank you for the encouragement.
*THIS VIDEO IS A PLUG TO BUY HIS BOOK*
*I'M CONFUSED MORE THAN BEFORE*
Then buy my book- kidding. Sorry it was confusing. Ask away and I'll work to create clarity.
And go to WealthFactory.com/Garrett and you don't have to buy it at all. I'll give it to you.
Why are the early cash value designs (think he said 90% on day 1) a bad design? And what design would be more efficient?
Compare them to paid up additions maxed out and look 10 years and beyond to compare results.
Go girl...manage his colander. Evaluate monthly!
Make sense!
I like your content. Subscribed!
Which insurance companies do you guys recommend?
Swf.gg and they can recommend them to you.
When your ad runs on your own video.. ha!
I just realized, that Garrett looks like Keanu Reeves in this video.
Information very interesting... But it just makes me think...Just curious... If you have all that money why do you still wash your car and iron your own shirt, etc.? Isn't money to ease your life and live and do other fun things?.... instead doing those tedious tasks?
I used to hire someone to wash my car.....I have used laundry services, it just depends on effort versus reward. I have house cleaners. Pool maintenance and cleaners. And I may only iron once a month (usually when I'm traveling) but it depends on the time energy matrix.
@@GarrettGundersonTV Thank you for answering! You are always so logical... I love it!!!
Colander. Computer likes to write independently at times
While I enjoy you videos and your thoughts on cfp you really didn’t answer the question who should have this type policy first.
Breadwinner. Spouse. Kids. That order.
Why didn't you overfund your first policy sir?
I felt like I could have written Jason's letter: I'm also 37 with 2 kids and trying to figure out the best way to set up my whole life policy. From what I gathered, it sounds like a policy with a cash accumulation focus (with PUA and term riders) is the best way to go at this stage in my life? Break even around the 5-6 year point?
Yes, maximize cash accumulation. Each person has their own unique situation, so finding an agent that specializes in this type of policy is key. I started 2 years ago basically as an alternative to a savings account. This gives me a higher overall return, is safe, and also provides a death benefit. Good luck to you!
So I have policies from previous mortality tables that will break even in year 7. The new ones I’m designing are breaking even best case year 8-9. That shouldn’t matter to anyone. This is a long term generational wealth strategy and not a short term gimmick.
What if you have a heart condition?
This dude just massacred Dave Ramsey and mutual funds. I love it
Mutual funds. So many people have them. Most don't know the risk or the cost.
@@GarrettGundersonTV "my account has no fees though"