Your hosts Kim Butler and No B.S. Money Guy Todd Strobel talk about a case study of a 51 year old female who owns real estate, has some cash on hand and is making decisions on what to do with her money for the remainder or her life.
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00:29 Today’s topic is the Great American case study
01:42 Case Study of 51 year old female
03:15 To get a clear picture you need to determine your longevity and health
04:33 Determine your risk tolerance to get an idea of your rate of return
05:53 The #1 rule is we must protect principle
06:03 The #2 rule is we must grow investments higher than inflation
06:54 Tips so you don’t erode principle
07:52 Specific recommendations for this American case study
09:09 Setting aside an emergency and opportunity fund
11:05 Taking $5,000 per year of the $50k fund and put it into a whole life policy
12:26 What to expect with the death benefits