Best selling author Kim Butler and co-host No B.S. Money Guy Todd Strobel review a case study of an accredited investor. This case study is of a 60 year old doctor with a salary of $175,000 and has CD’s, savings and other investments.
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00:30 Today’s topic: Accredited Investor Case Study
01:25 Cashflow issues don’t go away – they just get bigger zeros
02:29 Do your expenses really go down when you retire?
03:28 Case study: 60 year old doctor with a salary of $175k
04:38 Applying the 7 Principles of Prosperity
05:44 The mantra – Go slow and start small
07:57 Getting CD’s and cash to create income
11:39 What happens when interest rates go up?
14:49 Is it crazy to buy insurance when you’re 60?
17:06 What to do if you can’t qualify for life insurance?
18:37 Giving life insurance policies to children
19:22 What to do if you’re concerned with the stock market?
21:26 The biggest fear can be inflation
22:28 How much time does a person need to invest in this process?