With great money comes great taxes. But is it possible not to pay that much tax, even after a hefty payday?
Gary, together with his mastermind group and Kyle Wilson’s Inner Circle, discuss the resilient personal finances and Infinite Banking in a Masterclass. He touches several financial terms such as agency in a social setting, the hierarchy of wealth, insurances, and infinite banking. Gary also responds to different questions surrounding insurances and taxes.
Highlights
- What is an agency in a social setting? - 5:20
- The reason why they lost their farm. - 6:39
- His goal in life. - 8:09
- The book Heads I Win, Tails You Lose. - 10:31
- What is the hierarchy of wealth? - 11:02
- How to start saving taxes. - 14:19
- What is infinite banking? - 18:56
- The two types of insurance in America. - 21:53
- How quickly can you access your funds in a whole life policy? - 24:36
- Three ways to access your money. - 28:26
- Is it easier to remake a Roth IRA tax status than life insurance? - 33:03
- Usual insurance companies that Gary uses. - 36:15
- For people who want to do it on a monthly basis or lower payments, how does it work? 36:56
- Is there an option for couples or is it always for individuals? - 39:01
Links and Resources from this Episode - Connect with Gary Pinkerton
- https://www.paradigmlife.net/
- gpinkerton@paradigmlife.net
- https://garypinkerton.com/
- Connect with Kyle Wilson
- https://kylewilson.com/
