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Jake and Gino Multifamily Investing Entrepreneurs

Why Ryan Prefers Whole Life Over a 401k

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5831 Ratings

🗓️ 11 January 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

Are you looking for a reliable way to secure your financial future? In this video, Gino sits down with Ryan Messina, a Jake and Gino student, investor, educator, husband, and father, who’s here today to spread the word on the unspoken savings system that is whole life insurance. Ryan talks with Gino and shares the reasons for why he prefers having whole life and real estate investments over 401k. He talks about how his whole life policy designed by 100 Year team has enabled him to reach his financial goals. Hear about his journey and find out if this solution is right for you. Don't miss this opportunity to gain firsthand insight into leveraging whole life insurance for real estate investing, directly from a member of the Jake and Gino Community. Watch now! Key Insights 00:00 Introduction 00:55 Problems with risky 401k plans and locking away your savings inside them 03:43 Benefits of a 100 Year structured whole life policy over typical policies 07:50 Ryan’s plans to leverage his policy for real estate investing and other endeavors 09:13 Ryan’s experience with 100 Year Team, and why you should work with them 12:39 The liquidity of cash inside a policy compared to a 401(k) 14:14 Wrap-up To know more about long-term personal financial engineering and your options for building legacy wealth, connect with our Team at www.100year.com Bonus resources: For more on this topic, check out this video with our very own Dylan Stewart: https://100yearrei.com/whole-life-vs-401k/ SCHEDULE A Call: https://100yearrei.com/callnow/ ^To talk to our Team about adding a Permanent Life Insurance Policy to your financial plan (and even the plan for your children), get in touch with our Team here^ About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-... #legacywealth #lifeinsurance #financialplanning #personalfinancialengineering #generationalwealth The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Jake and Gino are not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.

Transcript

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0:00.0

Welcome to the 100-year real estate investor podcast, where we focus on personal financial engineering.

0:13.4

My name is Gino Barbaro, and I am one of the founders of the 100-year real estate investor.

0:18.1

With me today, I've got a great guest.

0:20.0

He's a Jake and Gino student. His name ryan messina of stali park investments ryan is an investor educator

0:26.9

husband and father to two girls he's got a few more to catch up to me ryan got a little

0:30.9

more work to be here he's here to spread the word on the unspoken savings system that is

0:36.5

whole life insurance welcome to the show ryan

0:39.2

how you doing brother hey gino thanks for having me let's jump right into this conversation because

0:44.6

something that you said to me 30 seconds ago i've been preaching for a while the 401k when was it

0:52.1

invented and what problems do you have with the 401K?

0:56.0

So I actually looked it up and it was really invented in 1978.

1:02.0

So in my opinion, only 44 years old, is how is it proven as a retirement vehicle or a retirement account when it's not even old enough to retire itself.

1:14.6

That's a great point. And, you know, I was just reading today that Congress is afraid of people

1:21.2

in the U.S. not saving enough. So the real problem, Ryan, that I have the 401-1K, amongst other things, is that is run by the

1:29.6

government. And the government should not be running anything that has to do with retirement or

1:34.0

savings or investing, because you see how that's gone over the last 30 or 40 years.

1:39.9

But my problem with it is ultimately is they can change the rules. So Ryan and Gino get into a contract.

1:45.6

We're like, this is what the rules are.

1:47.1

This is what's going to happen.

1:48.7

All of a sudden, the government comes in and starts changing the ages, changing the percentages,

1:54.1

changing whatever, and you have no control over it.

1:57.0

And you see how it's gone over the last 44 years.

...

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