Summary:
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.
Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.
Links in this Episode:
Free ebook – www.partners4prosperity.com/ebook
Submit your questions welcome@ProsperityThinkers.com
Show Notes:
00:00 Introduction
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?
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.