Mar 7, 2023
Today Wade is joined by Barry Dyke to discuss pensions, guaranteed income, and purchasing Whole Life to “de-risk” terminated pensions. Safest place to warehouse your capital is a whole life insurance company. They discuss retirement planning and the desire to provide safe, secure passive income. Tune in to hear a great conversation about retirement options and how insurance companies can change the retirement game.
Episode Highlights
- 02:44 How to get access to Barry Dyke’s book, The Pirates of Manhattan
- 04:45 The idea of guaranteed incomes
- 10:34 Retooling to gain some passive income
- 13:24 Different retirement planning strategies
- 16:01 Why retirement in the US is considered of low standard
- 20:17 Life insurance contracts for retirement planning
- 22:43 The benefits of whole life insurance
- 27:01 Controversial bank practices
- 29:05 Benefits of bank-owned life insurance
- 32:54 Bank investments in life insurance and non-profits
Episode Resources - Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com
- Connect with Barry Dyke
- https://www.barryjamesdyke.com/
- Pirates of Manhattan: https://www.amazon.com/Pirates-Manhattan-Barry-Dyke/dp/0979317703
- https://www.facebook.com/thepiratesofmanhattan
- https://www.youtube.com/channel/UCMgvWBPowk4xZ-hcfh9-SUw