In this episode, I continue my deep dive into annuities, focusing on the transformative benefits of 3rd generation annuities. These modern financial tools offer a balanced and secure approach to planning your financial future. I explore 7 key benefits—flexibility, safety, liquidity, growth, tax deferral, low to no fees, and longevity protection—and discuss how these features can empower you to achieve your financial goals. Tune in to discover how 3rd generation annuities can be a cornerstone in ...
Aug 09, 2024•24 min•Season 1Ep. 13
In Episode 12 of the Financial Independence Now podcast, host Randy Luebke, discusses the topic of annuities, clearing up many common misunderstandings surrounding them. He compares annuities to familiar financial instruments like Social Security and company pensions, emphasizing their importance of considering the use of annuities in retirement planning. The episode details 3 Generations of Annuities: The First Generation Annuities (Gen1) , or Fixed Indexed Annuities, are likened to certificate...
Jul 25, 2024•13 min•Season 1Ep. 12
In this episode of Financial Independence Now, host Randy Luebke dives into one of the most crucial yet challenging aspects of financial planning – budgeting. Randy introduces a practical strategy to simplify the process, the "false scarcity" method and categorizing expenses into essentials and lifestyle. Listen in as Randy breaks down essential expenses into six categories: food, shelter, clothing, healthcare, transportation, and taxes, and explains how to track and manage these effectively. He...
Jul 02, 2024•19 min•Season 1Ep. 11
In this episode of The Financial Independence Now podcast we debunk several common myths and misinformation surrounding Roth conversions. We call this “Roth Math” and most people don’t understand it. Discover the essential considerations that you need to understand because they will significantly impact your decision to convert your traditional IRA’s, 401(k)s and other traditional retirement savings plans into a Roth. Trust us, you will be surprised with what you will learn from this podcast. Ep...
Aug 24, 2023•22 min•Season 1Ep. 10
In this episode, Randy Luebke, president and founder of Lifetime Paradigm, takes you through the four sequential steps to achieve financial independence. Randy breaks down each step and highlights why people often fail to reach financial independence when they skip these essential stages. The key to success lies in following the step-by-step process diligently. In this episode: Recap of The 4 Essential Elements The 4x4 Financial Independence Plan ℠ The 4 Sequential Steps and why they are crucial...
Aug 10, 2023•18 min•Season 1Ep. 9
In this episode of the Financial Independence Now podcast, Randy Luebke introduces the concept of The 4 Essential Elements as part of The 4x4 Financial Independence Plan sm . The 4x4 Financial Independence Plan sm is comprised of 4 Essential Elements and 4 Sequential Steps . The 4 Essential Elements include: Retirement Planning, Asset Protection, Estate and Tax Planning. Retirement planning is very different today than it was for your parents and grandparents, who typically worked one job their ...
Jun 29, 2023•27 min•Season 1Ep. 8
In this episode, we unravel a powerful truth: Discipline alone isn't enough to sustain you on the path to achieving your most cherished goals. Discipline can get you started, but in the long run, you are going to need more than discipline to see you through to the end when you are trying to achieve almost any worthy goal. In this episode of The Financial Independence Now podcast, we dive deep into the mindset required for achieving financial independence with our expert host, Randy Luebke. Randy...
Jun 15, 2023•10 min•Season 1Ep. 7
In this episode, we dive into the often-misunderstood world of financial advisors, and the distinction between fiduciary and non-fiduciary advisors. In this eye-opening presentation, we will help you to understand the very important differences between these two groups, and why recognizing those differences is so very important to you. We will provide you with the details that differentiate fiduciary advisors from their broker-dealer counterparts and their standards of care. For example, broker-...
Jun 06, 2023•10 min•Season 1Ep. 6
Do you remember back in high school when you were taught that all matter in the universe exists in only three different states: solid, liquid, or as a gas. Also, while all matter must exist in one of the states, matter can only exist in one state at a time. Meaning, it’s either a solid, liquid, or a gas, but it can never be in more than one. Did you know that money has similar qualities? Money also exists in just three states, and money can only exist in one of these states at a time as well. Di...
May 19, 2023•10 min•Season 1Ep. 5
In this episode of the Financial Independence Now podcast, Randy explores the concept of attaining financial independence by teaching you how to turn one penny into millions of dollars in just one month. He'll take you on a journey through “The Penny Story”, which explains how a penny that doubles every day for just one month can be worth over $5 million. While this strategy is hard to believe, it is also very real due to the power of compounded interest. The Penny Story demonstrates how investm...
Apr 13, 2023•6 min•Season 1Ep. 4
Are you searching for the perfect investment that will pave your way to financial independence? In this latest episode of Financial Independence Now, host Randy Luebke introduces you to the elusive "perfect investment." Topics Discussed: 1. The 5 qualities of the perfect investment 2. Compromises in all investment options Bank checking account investment example Real estate investment example 3. The reality of the perfect investment Entities Mentioned: Randy Luebke (Host) Financial Independence ...
Apr 04, 2023•10 min•Season 1Ep. 3
Discover the secrets to becoming Financially Independent; “When the assets you have provide the income you need to live the life you want, and work is no longer a requirement, it’s an option. Join host, Randy Luebke, in this exciting episode of the Financial Independence Now Podcast as he shares his top 3 favorite investments Topics Discussed: Investing in yourself Investing in real estate Investing in cash-value life insurance Entities Mentioned: - Lifetime Paradigm Don’t forget to tell your po...
Mar 31, 2023•9 min•Season 1Ep. 2
This is the inaugural episode of "Financial Independence Now", and it is a “must-listen”. In this episode, Randy Luebke discusses the keys to achieving financial independence, something he calls Retirement 2.0. You see, retirement today is very different than it was for your parents or grandparents. Their retirement plan, or Retirement 1.0, generally meant they would work for one company their entire life. Then, once they stopped working, they were done working altogether. The problem with the R...
Mar 23, 2023•7 min•Season 1Ep. 1
