Comprehensive Wealth Planning: Using Life Insurance for Retirement and Legacy Planning with Tom Wall
How can whole life insurance pave the way for generational wealth?
Join Moshe Amsel and Tom Wall, a keynote speaker and expert in permanent life insurance-based strategies as they share their insights on how whole life insurance can be used as a tool for retirement, tax strategy, and wealth creation. Moshe and Tom delve into the advantages of whole life insurance beyond just coverage for loved ones, exploring its potential as a conservative asset with tax-free growth and as a liquidity tool for business owners and real estate investors.
Listen now to learn how to leverage whole life insurance as a strategic asset in achieving generational wealth!
Episode Highlights
[00:00] Introduction to Tom Wall
[05:35] When Business Owners Should Consider Whole Life Insurance
[12:00] Can You Retire on Your Policy’s Cash Value?
[14:32] Borrowing & Tax Benefits: Using Whole Life Insurance as a Business Asset
[21:28] 401(k) vs. Whole Life
[30:49] Managing Risk, Taxes & Access: Why Whole Life is the Best “Boring” Money
[41:31] Tom’s Parting Piece of Advice
Resources
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Connect with Tom Wall: Instagram | LinkedIn
Permission to Spend: Maximize Your Retirement with the Best-Kept Secret in Personal Finance by Tom Wall - https://www.amazon.com/Permission-Spend-Maximize-Retirement-Best-Kept/dp/1959840215
About Tom Wall
Tom is a keynote speaker, author, and expert in permanent life insurance-based strategies. His book Permission to Spend is an instrumental tool in understanding how to position life insurance as a retirement and wealth creation vehicle. He has been in the financial services business in various capacities for 22 years and now coaches thousands of financial advisors throughout the country.
Connect with Tom Wall on his Instagram. You can also follow him on LinkedIn.
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Author
Moshe Amsel
Author
Moshe Amsel the host of the Profit with Law podcast is not an attorney. As the owner of a successful accounting firm DreamBuilder Financial and Law Firm Growth coaching organization Profit with Law, Moshe has proven that there are better and different ways for a law firm to do business and be successful.
