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The Retirement Trap: Why Government Sponsored Programs Could Be Dangerous for Your Wealth

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Manage episode 436467525 series 3385872
Content provided by Anthony J. Faso CPA and Infinite Wealth Consultants. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony J. Faso CPA and Infinite Wealth Consultants or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the Infinite Wealth Podcast, hosts Cameron and Anthony talk about the "Retirement Trap." The discussion is anchored on Nelson Nash's insights from his book "Becoming Your Own Banker." They dissect the inherent risks of government-sponsored retirement plans such as the 401K, the lack of control over deferred tax accounts, and the importance of fostering financial independence through passive income. They argue that a retirement dependent on such plans often falls short of expectations and propose alternative strategies rooted in the Infinite Banking Concept to help listeners achieve true financial freedom.

Resources:

Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/

Schedule your 15-minute call with Anthony or Cameron - http://bit.ly/iwc15YT

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

  continue reading

274 episodes

Artwork
iconShare
 
Manage episode 436467525 series 3385872
Content provided by Anthony J. Faso CPA and Infinite Wealth Consultants. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony J. Faso CPA and Infinite Wealth Consultants or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the Infinite Wealth Podcast, hosts Cameron and Anthony talk about the "Retirement Trap." The discussion is anchored on Nelson Nash's insights from his book "Becoming Your Own Banker." They dissect the inherent risks of government-sponsored retirement plans such as the 401K, the lack of control over deferred tax accounts, and the importance of fostering financial independence through passive income. They argue that a retirement dependent on such plans often falls short of expectations and propose alternative strategies rooted in the Infinite Banking Concept to help listeners achieve true financial freedom.

Resources:

Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/

Schedule your 15-minute call with Anthony or Cameron - http://bit.ly/iwc15YT

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC

  continue reading

274 episodes

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