It's amazing the knowledge this guy provide. I never did listen to somebody talking this way about insurance. If you would say it's a way to keep the money of your family thought generations like the Rockfellers. Now people would probably buy more of them. Now I know where to put that information in my finances. So I would have my actual net worth and my insurances would be my future net worth plus my actual net worth.

G this is Dope, Pure Gold... we'll work together soon brother. The Money Nerds indeed, G is the REAL DEAL!!! I love it, thanks team. Please keep it coming.💪😎

@GarrettGundersonTV

4 жыл бұрын

Hey, thanks, I love your words and appreciate you.

I don’t understand how Garrett doesn’t have views comparable to someone like Kiyosaki. All his content is always 👍🏼👍🏼👍🏼!

@GarrettGundersonTV

4 жыл бұрын

Just a matter of time my friend, but appreciate it.

Can this method work with a foreign domiciled life ins. company while living in a third country? Or do you have to be a resident of the jurisdiction where the insurance carrier is located?

Interesting video! I always enjoy great content from knowledgeable creators. Always enlightening and an inspiration to my channel

@GarrettGundersonTV

4 жыл бұрын

Thanks so much.

Reverse mortgage packaged with life insurance. That's freaking genius

@GarrettGundersonTV

4 жыл бұрын

Why thanks. I didn’t come up with the idea, but learned it from a program called LEAP in my early 20s.

Golden information as usual. However, I couldn't get the link to work for the billionaires method.

@GarrettGundersonTV

4 жыл бұрын

I might have given the wrong link....did you try billionairsmethod.com or billionairemethod.com

@jaysbhatt

3 жыл бұрын

@@GarrettGundersonTV Thanks for the information. None of the above links are working, unfortunately.

Selling your death benefit at a discount is a good idea. But if your policy has a chronic, critical or terminal illness rider you'd get up to 80% of your death benefit while your still alive. All at no cost. Still leaving 20% to cover your final expenses

100%

What if people dont understand how money is cash flow and the function of money

@GarrettGundersonTV

4 жыл бұрын

Then there will be risk, issues, and more work to do in order to learn. It isn’t passive or automatic like some would want unfortunately.

is all cash flow taxed tho?? or reported as taxable income?

@juliohernandez3323

4 жыл бұрын

It depends. Cash flow has different streams. Ordinary income (the most heavily taxed of them all) like from your job, capital gains (taxed at a lower rate) like selling a property or stock dividends, and what is called passive income like from rental properties, royalties, etc, those are taxed at the lowest rate, often times 0 taxed.

@Q-154

4 жыл бұрын

Passive income usually has the best tax advantages.

@bloomingrosevine

4 жыл бұрын

He is saying that taking the death benefits of a whole life insurance plan are tax-free I believe

@lionheart93

4 жыл бұрын

@@bloomingrosevine me too

@GarrettGundersonTV

4 жыл бұрын

Muni bonds are tax free, cash value can be tax free, real estate cash flow can be tax advantaged, and retirement plans (if not Roth) are taxable upon withdrawal.

Hmmm...net worth? Compound interest? People talk about this as they pay near 50% in total taxes. Move your life to a low tax jurisdiction ( Not the USA ) and do some math to see how that huge saving looks compounded. Makes the other stuff look like chump change. Meanwhile, most spend their time rearranging the chairs on the Titanic.

@360.Tapestry

3 жыл бұрын

compared to stacking your gold bricks on the titanic? lol

@aphilippinesadventure9184

3 жыл бұрын

@@360.Tapestry I left the Titanic a long time ago.

@hassanud-deen43

2 жыл бұрын

@@aphilippinesadventure9184 fastlane?

@aphilippinesadventure9184

2 жыл бұрын

@@hassanud-deen43 Well, businesses that operate in good tax jurisdictions are in the fast lane for sure...

Who is this woman talking to garret?

@bloomingrosevine

4 жыл бұрын

Another member of his company

@GarrettGundersonTV

4 жыл бұрын

My chief of staff Amanda Stolba.