Manage episode 291737568 series 2834060
In this installment of Advance Your Wealth, Homer and Ryan dive into the topic of life insurance, which is a topic that doesn't often get people excited in the same way other financial solutions like stocks do.
However, life insurance is actually one of the most flexible and versatile tools that you can use in your overall wealth planning toolkit.
So sit back, relax, and enjoy another enlightening conversation surrounding how these policies can be harnessed and utilized to better position your financial portfolio.
00:50 - Why life insurance should be a key component within wealth planning
02:00 - Everyone should be developing a wealth plan overall
03:00 - The focus with life insurance is more geared towards the person, not the product
03:50 - Are there signs people should be looking out for when it comes to this?
05:50 - The specific role live insurance can play within financial planning processes
06:05 - What makes life insurance policies so versatile
07:23 - There are multiple goals that life insurance can help people strive towards
11:08 - How these policies can help address a future need
12:30 - How life insurance can help entrepreneurs of today
14:10 - How this life insurance conversation plays a role within the stress testing process
15:00 - Closing remarks
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