Structuring Personal Finances to Achieve Freedom
Nov 19, 2021•42 min•Ep. 48
Episode description
With great money comes great taxes. But is it possible not to pay that much tax, even after a hefty payday?
Gary, together with his mastermind group and Kyle Wilson’s Inner Circle, discuss the resilient personal finances and Infinite Banking in a Masterclass. He touches several financial terms such as agency in a social setting, the hierarchy of wealth, insurances, and infinite banking. Gary also responds to different questions surrounding insurances and taxes.
Highlights
- What is an agency in a social setting? - 5:20
- The reason why they lost their farm. - 6:39
- His goal in life. - 8:09
- The book Heads I Win, Tails You Lose. - 10:31
- What is the hierarchy of wealth? - 11:02
- How to start saving taxes. - 14:19
- What is infinite banking? - 18:56
- The two types of insurance in America. - 21:53
- How quickly can you access your funds in a whole life policy? - 24:36
- Three ways to access your money. - 28:26
- Is it easier to remake a Roth IRA tax status than life insurance? - 33:03
- Usual insurance companies that Gary uses. - 36:15
- For people who want to do it on a monthly basis or lower payments, how does it work? 36:56
- Is there an option for couples or is it always for individuals? - 39:01
Links and Resources from this Episode - Connect with Gary Pinkerton
- https://www.paradigmlife.net/
- [email protected]
- https://garypinkerton.com/
- Connect with Kyle Wilson
- https://kylewilson.com/
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