469: How the Wealthy Engineer Wealth

The Wealth Formula Podcast by Buck Joffrey Archives - Wealth Formula

This week’s podcast will feature a highly requested replay of the webinar hosted by Rod Zabrieski on a concept we call the Wealth Accelerator.

Now, you’ve probably heard Investment Advisors say there’s no value in permanent life insurance, often suggesting: “buy term and invest the difference.” But why do they say that? Is it really in your best interest?

Well, not necessarily. The money used for these types of policies typically comes out of investment portfolios—portfolios that pay advisors based on assets under management. So, there’s a built-in conflict of interest. It’s the same reason they often steer you away from alternative investments.

But here’s the truth: Permanent life insurance designed as Life Insurance Retirement Plans (LIRPs) can provide tax-free retirement income and estate planning strategies. These are tools the wealthy have used for years to engineer and grow their wealth.

Rod breaks down exactly how this works, and I think you’ll find it both insightful and empowering. If you’d rather watch the webinar or access the slides, head over to WealthFormulaBanking.com.

Now, one group that I believe can particularly benefit from the Wealth Accelerator is doctors—people who, during residency, watched their peers jump into the workforce while they were stuck, earning little or nothing.

I talk to these folks every day. They’re earning well now, but many feel like they’re behind because of those lost years. The Wealth Accelerator could be exactly what they need to level the playing field and regain a sense of financial security. Of course, this applies to anyone who got a later start financially.

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