Protecting yourself legally is a must. But how do you go about it? Most Lawyers are happy to “set you up”, but it might be exactly that! Today on Wealth Talks, Tom and John are joined by Attorney Lee Philips, a Counselor to the U.S. Supreme Court, to talk about ways you can protect yourself legally. Do not miss this episode… Listen Now! Call John to order Lee Philips’ Accumulation and Preservation of Wealth System + Advanced Tax Tactics : 702-660-7000 (or email john@wealthtalks.com )...
Nov 04, 2020•30 min
Americans are running out of money in retirement, and its not just by a little… there’s a big shortfall. It shouldn’t be this way, but sadly Americans have either not saved enough, or saved in the wrong places… maybe some of both. The typical IRA and 401k are just not cutting it. So what should we do instead? Today on Wealth Talks, Tom and John talk about why the 401k and the IRAs have failed Americans, and what we can do to save more effectively for the future.
Oct 27, 2020•22 min
Some people advocate borrowing from a life insurance policy for everything . Others vehemently oppose taking a policy loan at all. What should you do? The answer is simple though not conclusive… it depends. Sometimes it makes great sense to take a policy loan. At other times, you can save more money by borrowing elsewhere. Today on Wealth Talks, Tom and John point out the effects of borrowing against a policy, and how you can decide when to use a policy loan and when to look for other funding op...
Oct 20, 2020•27 min
With low interest rates right now, does it make sense to make extra payments right now? This is an area of confusion for many, and it is often glossed over by the experts in finance. Today on WealthTalks, Tom and John discuss making extra payments on a mortgage, and even using a HELOC to pay off the mortgage early. Knowing the facts can save you a lot of money. Listen Now on Wealth Talks Fun with Real Estate Presentation - Video: https://www.life-benefits.com/videos/fun-with-real-estate-by-tom-m...
Oct 13, 2020•23 min
How did it originate? What was it intended for? How can it be used? Is it a good financial strategy? Those are good questions. Listen Now on Wealth Talks as Tom and John delve into the inner workings of the Roth IRA. How Does a Roth IRA Work? - Article : https://www.life-benefits.com/how-does-a-roth-ira-work/
Oct 06, 2020•18 min
Its been an exciting few days! The new book How to Build Sustainable Wealth has finally premiered as a softcover. Many people are struggling financially. They are doing all they know how to do, but their money keeps slipping through their fingers like sand. Frustrated and upset, they turn towards a Financial Planner for help. Sadly, this is often the worst thing they could do. On this show we discuss the new book How to Build Sustainable Wealth, and how it can help you keep more of the money you...
Sep 29, 2020•40 min
The Economy is suffering, stability is not an accurate description of the Market, and the Federal Reserve seems to be playing a game of Jenga with our monetary system. It seems as if any moment everything could come crashing down. What should we do?… what can we do? In uncertain times, like the present, many are advocating buying silver or gold. Is this a good choice? Are there better options? Find the answers now on WealthTalks. Order the new book How to Build Sustainable Wealth by Dr. Tomas Mc...
Sep 22, 2020•24 min
Real Estate prices have been fluctuating for years. Goaded by natural disasters, crime and political intrigue, real estate prices have been anything but stable. Seemingly “safe” properties are not immune, the arrival of a less than desirable neighbor, or the whim of some politician can change your home’s value drastically. All told real estate seems a slippery surface on which to set your basket of eggs. But what else can we do? Where else can we build equity today? Commercial Real Estate? A HEL...
Sep 16, 2020•15 min
The purpose of TUMS and other antacids seems straightforward - almost like a magical formula to solve Heartburn and acid indigestion. But how do antacids work? They either neutralize the acid in your stomach or, depending on the product, they might prevent you from making as much acid in the first place. With no acid to slosh up your esophagus, you can’t get heartburn! This all seems great, but an interesting study shows that those who took antacids were more likely to become ill than those who ...
Sep 08, 2020•28 min
It’s obvious that Christian faith is under attack on many levels across America. This inherently includes an attack on the Judeo-Christian values which support the ownership of personal property and allow American families to build sustainable wealth. Dr. Ralph Reed’s latest book For God and Country provides a defense of Judeo-Christian values especially relating to political decisions in the face of vocal opposition. When it comes to elected officials, you can’t ignore or deny that there are “p...
Sep 02, 2020•32 min
YouTube has changed the world of learning. With a simple search, we can find videos to learn about almost anything under the sun. But there is so much non-relevant, outdated, and even mis-information online too, that trying to sort out the gold can be frustrating. Today on WealthTalks, you get a “behind-the-scenes look” at the Life Benefits YouTube channel, as Gracine and Jesse join the show. How do we keep our videos relevant? Where is a good place to start? What will these videos help you with...
Aug 25, 2020•19 min
Only 59% of Americans own life insurance and 50% of these people are still under-insured. Why don’t people own more life insurance? Perhaps it’s because they: Have been told it’s a bad investment? Have heard misunderstandings about life insurance Had an experience with a bad policy (or a bad agent) Or maybe they think: Group life insurance is enough Life insurance is “just for the next guy” The insurance they would like to have would be too expensive Or maybe they don’t want to think about it. T...
Aug 19, 2020•31 min
COVID is on the rampage! Stay safe, stay home, wear a mask, social distance, but you could die anyway. Fortunately, you can discover if you have the disease by taking a simple test. Unfortunately, 80% of positive test results are false positives, but so what? Oh, and pull up that mask, all the way over your nose… it’s to keep you safe… it’s to keep everyone else safe, but to really be safe, let’s quarantine. Wow! It sounds deadly! What can we do to fight this super-virus? Today on Wealth Talks, ...
Aug 11, 2020•26 min
Many people think the Federal Reserve is a wing of government… but in actuality it is a Private Cartel. The unusual thing about the Federal Reserve is their ability to create money. We have to work to make our money, but the Federal Reserve can simply print its very own Benjamin Franklins. In today’s day and age, they don’t even have to print. They can generate money with a click of a computer key! No! It can’t be as easy as that! But it is! Very Comforting… isn’t it? Today on Wealth Talks, Tom ...
Aug 04, 2020•30 min
Is The United States of America a Democracy, a Republic, or something else? Does the Constitution uphold the Lockdown? What is the Electoral College? Was the 17th Amendment in 1913 good or bad? These are important questions, how do we find the answers? Today on Wealth Talks, Tom and John are joined by constitutional scholar Rick Green. Rick knows exactly what the constitution says, listen in as he answers these and other questions. Listen Now
Jul 29, 2020•32 min
If you let procrastination get a grip on you, it can crush you! People procrastinate all the time, whether rushing busily around doing nothing, or lazily evading their work. One thing people procrastinate about a lot, is their money. They make their money, but then they lock it some place they can’t get it. Or, they hand it over to their Financial Planner, or Stock Broker, because, after all, they will know best what to do. Why do they do this? Because to learn how to grow their money would take...
Jul 21, 2020•19 min
When will things go back to normal? What are changes that might arise from this pandemic? What is racism? What can we do about the personal economic impact of everything going on? Today, Rabbi Daniel Lapin (America’s Rabbi), TV host and bestselling author of the book Thou Shall Prosper , joins us on WealthTalks. Listen as Rabbi Lapin answers these and other questions. His answers bring remarkable insight to the problems at hand. Resources: Get the Complete Library with Rabbi Lapin’s materials : ...
Jul 14, 2020•42 min
Krish Dhanam joins the show today! Are some of George Orwell’s famous predictions coming true? Ignorance is Strength Freedom is Slavery War is Peace Foundations matter - and no less in the times we are living today. When you draw a line there is always a price to pay, but history shows that people who draw the line and stand by their values are the ones who later rise to heights of prominence. Krish also shares lessons from the Bible about convictions… and the cost which these convictions can ca...
Jul 08, 2020•29 min
Universal Life Insurance and especially Indexed Universal Life Insurance (IUL) is a relatively new type of insurance, and one which has created a lot of controversy. Some almost swear by it, others just as vehemently oppose it. Some like it because they say it allows them to still dabble in the market, while retaining a death benefit. Others detest it because it shifts the risk away from the insurance company onto the policyholder. Today on Wealth Talks, Tom and John take a look at some common a...
Jul 01, 2020•24 min
Originally called “old-age insurance protection”, Social Security was supposed to be a supplemental form of income for those who had not saved enough. Today Social Security has become the primary source of income for many retirees. Social Security gets the money it pays out by taxing people who are still working and also by taxing its own payouts! But there will come a time when Social Security has to pay out more than what they bring in. Social Security will then be “bankrupt.” What exactly doe...
Jun 23, 2020•19 min
We’ve probably all heard the term Becoming Your Own Banker. Why would anyone want to be a banker? Aren’t bankers the professionals? Why not just let them manage all the money? Today on WealthTalks Tom and John share some very interesting and astounding, numbers. At the end of this podcast you will not only realize exactly why you should manage your own money, you will also know how . Listen to the episode now!
Jun 17, 2020•15 min
A brilliant Chemist once said he enjoyed going back and teaching Chemistry 101. Why would he enjoy teaching something that was obviously elementary for him? The answer was simple. Going back to the basics for a time helped him be more creative when he went back to his other chemistry work. Today on Wealth Talks, Tom and John go back to the basics, Insurance 101 if you will. Not only is this a great staring point for newbies, but, just like Chemistry 101, its a great refresh for those who are adv...
Jun 09, 2020•20 min
Recently a few articles have made their way into the news about Insurance Companies turning down would be purchasers due to the COVID19 Pandemic. Perhaps the Wall Street Journal put it best stating “Some Americans are being turned away trying to buy Life Insurance”. Today, Dan Foley, Senior Vice President of Marketing Technology with Security Mutual Life, joins the show to talk about what exactly is happening with the Insurance companies. Security Mutual started in 1886 in New York. Now they sel...
Jun 02, 2020•27 min
Recently there have been some sensational articles in the media suggesting life insurance companies are facing tough times with the financial crisis combined with COVID-19. Special guest Attorney Andrew Rinn, also the Vice President of Advanced Markets at Ameritas, joins us to share an inside perspective on what’s really happening at mutual life insurance companies right now. It is fascinating to hear how life insurance companies (especially mutual companies with strong cash positions and a low ...
May 27, 2020•25 min
He straddled the bicycle for the first time, set his feet on the pedals and rode serenely away into the glowing sunset. Oh if only it was that easy! It isn’t of-course, because, like everything, there is a learning curve. Is it possible to eliminate the learning curve on a bicycle by learning everything you can about it? What if you learned the way the shifter worked, the way the derailleur, the chain the sprocket, the cassette, the front brake and the back brake worked. What if you looked up a ...
May 19, 2020•25 min
What are you really worth? Americans used to save over 14% of what they made, but now Americans are hardly saving at all. Many people don’t feel they are worth anything, and hence they don’t save anything. This is tragic! How much should you save? Some say you should have enough saved to live on for 6 months, some say enough for 3 years. Both those options beat having just $500 like 50% of Americans, but are they right for you? Also on this show: If guaranteed policy values are based on a 4% ret...
May 12, 2020•38 min
If you’re interested in investment opportunities, take the time now to begin preparing and learning everything you can about the process. For example, if you think Real Estate investing and rental properties sound interesting, then learn about the state laws, the systems and templates that you would need to have in place for this type of investment/business venture. There are some great resources online for learning about state specific laws and getting actual templates that can help you in this...
May 05, 2020•21 min
The economy is down, businesses are closed and people are left unemployed as the quarantine lockdown continues. Will the economy ever recover? Today on Wealth Talks, economist George Gilder joins Tom and John to talk about the economy, wealth and poverty. George Gilder has written many renown books on the economy, including Wealth and Poverty , a best seller with over a million sold and Life after Google , also a bestseller. You do not want to miss this episode. Listen Now! Resource Links: Subsc...
Apr 28, 2020•27 min
Annuities can be good if you know how to use them. But what are some good strategies for using annuities? Today Tom and John explore different ways you can use annuities, and which ways make the most sense. Also on this episode, SBA loans. How long will it take to get one? What if I need the money before I can get the loan? Resources: Types of Life Insurance: https://www.life-benefits.com/podcasts/what-type-of-life-insurance-do-you-really-want/ YouTube LIVE with Campbell Jones Cohen CPAs https:/...
Apr 21, 2020•25 min
We all think we know what the economy is… but do we really? What is the origin of the word economy? What does it mean? Does it pertain to you as much as it does to me? Those are interesting questions. Here are some more: What is the Cost of a credit card? What is the Price? What about the Cost and the Price for a mortgage? How does that compare to life insurance? Listen Now to find the answers! Resources: Winning Your Financial Game...
Apr 14, 2020•20 min
