The Ultra-Wealthy Play by Different Financial Rules

➡ The article discusses the risks of traditional financial systems, such as taxes on assets and the potential for government seizure. It introduces Joe Lombardi, an investment broker who advises on tax reduction and risk management. Lombardi explains how the wealthy protect their assets, using strategies like leveraging credit and avoiding keeping money in banks due to fractional lending. The article encourages readers to learn more about these strategies to safeguard their assets and increase their wealth.
➡ The text discusses the importance of financial literacy and criticizes the government and financial institutions for their practices. It suggests that people are being exploited through systems like credit card debt, college debt, and retirement funds. The author encourages individuals to take control of their financial health, arguing that many are unaware of how their money is being used. The text also criticizes the rising cost of living and the difficulty of home ownership due to large corporations’ influence.
➡ This text discusses the importance of smart money management and asset protection. It emphasizes the need for diversification, not just in investments but also in tax strategies. It highlights the dangers of not planning for long-term care and the potential loss of assets without proper planning. The text also stresses the importance of self-worth and self-love in financial health, and introduces the concept of “cleaning” dirty dollars through tax reduction strategies, like using a “rich person’s Roth” under code 7702, which allows for unlimited contributions and tax-free earnings.
➡ The text discusses the pitfalls of traditional financial systems and the benefits of investing in physical precious metals. It criticizes the government’s financial advice, which often leads to high fees and taxes. The author suggests that deferring taxes doesn’t save money in the long run, and that the government benefits more from these systems than the individual. They recommend investing in precious metals with a trusted company to protect and diversify wealth, and offer assistance to those interested in learning more about these strategies.
➡ The text discusses the importance of smart financial planning, particularly in areas like real estate, stocks, and cryptocurrencies. It emphasizes the need for diversification and tax-efficient strategies, such as using certain types of life insurance as a financial container. The text also highlights the potential benefits of non-direct recognition, a strategy where you can borrow against your life insurance policy while still earning interest. Lastly, it encourages listeners to think differently about their financial strategies and not just follow conventional advice.
➡ Joe suggests that Sam, who is struggling with retirement funds, should follow the financial strategies of the wealthy to secure his retirement.

And even when you’re dead, as you were saying, what about the assets that transfer? They’re all taxable. So now the government’s making even more money. When you’re dead in taxes off of your labor while you were alive, what are you doing? Because now, now when your children take distributions from your old IRA or 401k, guess what happens? It comes to ordinary income to them. So you pay taxes your entire life. Then when you’re dead on your money, they’re still being taxes paid. Why do you think the government is, is teaching these accountants? Oh yeah, IRAs, 401k step simple pensions defer.

Why is there so many of them? They’re all the same thing. Thank you for listening, thank you for sharing and please subscribe below and subscribe and think about joining my substack at Sarah Westall substack.com or my newsletter. You can sign up for that as well@Sarah Westall.com and remember to give a thumbs up and to subscribe on the platform that you’re watching. Welcome to Business Game changers. I’m Sarah Westall. I have Joe Lombardi coming to the program. He is an investment broker, but he does everything differently. He’s come out of Wall street and he has advise people for years on how to do things without having to pay taxes, how to reduce your risk.

And we’re going to be talking a little bit about the Dodd Frank bill that was put in place after the 2008 crisis and how that was manufactured to take everything you have in a wartime situation or a crisis situation, they can legally now take everything and that your assets are at risk being in a bank account. And, and he’s always going to explain what all that is, why people are so ignorant, why he left Wall street and decided that there was a better way to help people. And what are some of those ways that you can do it? I realized that a whole life insurance that I set up for my little guys when they were little so that they would be able to build this thing up and have an asset and insurance is hardly anything when they’re little that I’d have four times or more in that account for them if I would have done things differently.

And that actually what kind of perked my ear on this. And he’s been working with Sherry Tenpenny who is a friend of mine, and Dave Hodges who is a friend of mine. And they’re like, this guy is freaking great. You got to talk to him. So I’m like, okay, I, I, I need to understand this more. And when I had this conversation and I realized how much more I would have had in their account, risk free, if I would have done some of these strategies that kind of, I’m kind of kicking myself, geez, I would have been able to do so much better for them.

Now when my, if I have grandchildren, I want to make sure I set them up properly. And you can take any of your assets, any of your investment funds and roll it over into safer, tax free, higher, much higher earning funds. And he claims that this is how all the billionaires do it. Nobody who’s in that class does it differently. And there’s even a rich person’s Roth IRA that is treated differently that most people don’t know anything about. Like, what is this? Why is there so many. There’s so much put in place that benefits those with wealth and that the average person doesn’t take a take advantage of.

And how do we get to that? How do we expose that? How do we inform people so that you will have a hell of a lot more assets when you go to retire or your grandkids, by the time they’re your age, they’re going to be set because you set them up properly. And so I’m on this mission to, okay, we got to start freaking figuring this out. So I hope you enjoyed this conversation. He set up a page for me, SW Hawk.com where you can learn more about these strategies. I just hope you listen to what he has to say.

And like I said, I was kind of, when I first heard about it, I kind of was rolling my eyes a little bit. I don’t want to learn. I mean, come on, I know all the. No, I wish I would have done something different. And I think you might look at it that way too, once you start understanding some of these strategies. So, okay, it’s sw hawk.com and let’s get into this enlightening conversation that I have with Joe Lombardi. Hi Joe. Welcome to the program. Thank you so much for having me, Sarah. I know we’ve been wanting to get you on for a while.

You have, you have some solutions for people and you’re going to educate people on what they can do if the government, if we go to war and what they can do to help safeguard their assets. But, and some of the things that they’re going to hear today is almost jaw dropping of what legislation has been put through and how it’s put their assets at risk. And this has all been recently, right? I mean, let’s talk about the, the dot The Frank Dodd, the Dodd Frank act and what was put in place, that really puts all of us at risk.

Yeah. I mean, the average American doesn’t understand if you look up Dodd Frank Act 2010, the government has full carte blanche to wipe your account. Take your bonds, take your stocks, take your 401k, clear out your checking account, clear out your savings account, clear out your CDs. So, you know, the wealthy don’t work with banks, right? Like banks don’t even keep their money in banks. If you would actually look up Boli bank owned life insurance. So when you, when you understand like the bigger picture and the education that you were deprived on, on purpose because the government owns educational system and educational system says invest with the government.

When you step back from that and you see, oh my God, like I could do all these things and I can eliminate all these risks. People go, I want to do that. Yeah. Okay, so let’s talk a little bit about why your money is at risk in a bank. Because now it’s convenient to have your money in a bank because you can write checks and you can do all these things. I mean, how do you get around doing that if it’s not. You know what I’m saying? Yeah, yeah, I hear you. So what the millionaires and billionaires do, and I have over 4,000 clients and what they do is they leverage credit, Right.

I don’t ever heard the saying, don’t ever use a debit card, Always use a credit card. So a lot of my clients leverage their real estate like their home. They leverage 7702 plans, which is similar to a 401k plan. It’s just an IRS code. They, they utilize what the wealthy do. They don’t let their money sit there in a bank because at the end of the day, I’m a charitable person, but I don’t want to give the bank all the profit they’re making for nothing. I don’t even get a write off. So If I have 100 grand in the bank, the bank makes 40% on my money.

I don’t get a write off for 40 grand that I made them. So it’s just taking the power back away from the government and giving it to the people. How do they make $40,000 off your hundred thousand dollars that’s in the bank? Easy. So there’s something called fractional lending. So if I put in, let’s say $100 into bank of America, and then I pay that $100, you know, to John. Well, where does John put The money, he puts it in Chase, right? So what the bank does is they lend. So if I put a hundred dollars in, the bank says, okay, we could 90% loan out fake vicious money.

So that $90 goes to Sarah. Sarah says, oh, I have this 90. I’m gonna go buy some movies. The movie ticket money, that $90, where does the, where does the movie company put their money? In a bank. The bank says, oh, we just got $90. Let’s loan that out to Frank. And then now they loan $81 out, then they loan $72 out, then they loan $63 out. So if you, if you look up fractional lending, the bank doesn’t have to keep your money there. So that’s why. Have you ever seen. Can they do like 10 times more? Whatever they get in, they can do it 10 times more.

Oh yeah, they put in 100 to loan a thousand derivatives. So, yeah, so that’s kind of how it works with fractional reserve, current, you know, everything with the fractional, everything, it’s all fake. Okay, but. Okay, so if you put stuff on a credit card, you still need to pay your bills every month with cash. So then you move, you move your money from either your home equity line, if you have a revolving, not a fixed to your bank, and then you, you move all your bills to the last day of the month, your credit card open up.

An S Corp is the best, but LLC is good. And then you, you have this card and the money pays the credit card. So it sounds super complicated. I understand that. It’s not. Oh, I just get my paycheck deposit into my bank and then I spend it when I need it. Well, you pay for easiness and a lot of money. So it’s setting up these very simple safeguards in place so that your money’s always working for you. It’s not working for JPMorgan Chase or Bank of America and you, and we’re going to get into some of this, but you’ve set up some ways that people can get their money, can work for them through different types of insurance plan.

I mean, there’s so much more that people can earn that people don’t realize. And even some of these insurance plans, whole life insurance plans that all the retail people look at and I, I did too. I was a victim of that. You’re not a victim, if you will, but everyone gets these plans and they’re pretty much getting hosed over because you should be able to put way more. And you’re going to talk about that a Little bit. But I want to talk a little bit about the Dodd Frank act. And how in the world do we get in a situation that at that point, because I know we were at.

Right. That was after the collapse is what caused it. The 2008, you know, collapse, if you will, or crisis. And then they put this in place so that they could preserve the, you know, in case the country needs wealth quickly. But is that really why they needed to do that? Because I look at. I’ve talked to financial engineers and other people, and they’re like this. They really didn’t need to do this in order to preserve and risk, you know, for the government to not be at risk. Yeah, it was. It was set in place just as sort of like, they call it the Patriot act, which is the most unpatriotic thing that was ever created.

Like, so, like, whatever the government says, oh, we’re doing this to help you, they’re not helping you. So. So that was put in place. We look at World War II, right? We had companies like Harley Davidson, Indian Bikes, you know, toy companies that were altered to go to military. Instead of making toys, you’re making bullets. Instead of making bikes, you’re making tanks. So when the country comes in and says, hey, we, we need your help, you don’t really have a choice because your Social Security number is your slave number. So we don’t have much power. We don’t have much control.

And that was all done boil the fraud. They slowly been doing this since World War II, and it was actually done with the Federal Reserve act in the 1920s. So we’re talking about 100 years that our rights, everything we know, our culture, you know, big government, they lie to us. They say government funded. There is no government funded. The government doesn’t make money. They don’t sell goods, they don’t sell services. They make all their money stealing it from us. And then they have the audacity, using our future tax revenue as a leverage to build through their dollars and everything else.

Yeah, Take look at Pelosi. She’s worth like a half a billion dollars on $180,000 salary. Her husband is the best trader ever. Oh, yeah. Oh, God. I mean, he should open up a financial planning company. Do would make, you know, crazy money. Yeah, it’s. It’s. Everything is set up. They can insider trade, but if I do it, I go to jail. If I don’t pay the irs, I go to jail. If I don’t pay Bob’s plumbing. It’s cool. Like, he’s just Going to try and sue me and I’ll fight him in court. So all the rules and power has shifted from the citizens over to the government.

And if you don’t. And again, do I love my country? I love the United States of America. Do I love my government? I’m sorry, I don’t, I don’t like being robbed. I don’t like being lied to. I don’t like being given medical procedures and being forced to if I want to go see my grandfather. Like, like, no, like, like there’s a, there’s a level of safety and freedom and they, they have taken so much of it. And then the financial sector, when Wall street colluded in the 70s with, with the federal government, do you know that 401ks used to be tax free? 401ks were legally tax free.

401ks. They couldn’t lose. There was no risk in them. I mean our grandparents had pensions. They’d work somewhere 9 to 5 for 35 years. They can live an amazing life after they were. Now you have to work to your 70. Now you have to deal with inflation. Now they’re stealing money from Social Security, they’re stealing money from Medicaid. We owe $40 trillion in debt. If you go to US debt clock.org when you understand what’s going on, they are hurting our future and that’s our culture. Our culture is, don’t worry about the future. You might even make it to see tomorrow YOLO and just blow today.

Spend, spend, spend. Debt consumer, debt consumer. Oh if you don’t have it, just enslave your future self with labor because you have to trade your time for dollar. Just, just enslave your future self. That’s our whole culture and if you’re not awake to it, please get awake to it because what is going on is not robbery of you, it’s robbery of our children, our grandchildren, our great grandchildren are going to pay for the sins that we are allowing to happen today. Well, and this is why the cost of living has gone so through the roof, right, is because they’re taking all of our assets in other ways.

And so we can’t save, we can’t live like we should be. Well, you look at BlackRock when, how can BlackRock own single family homes? They doubled housing within three months because now if I, if I have to compete with a trillion dollar hedge fund, I’m just a plumber, I’m just a roofer, I’m just a, you know, a guy making 50 to 500k a year. I can’t compete with somebody with trillions of dollars. So then they came in, they jacked everything up. They made it so that the average American can’t afford a home. They killed the American dream.

They enslaved children with college debt. They enslave working Americans with credit card debt. They, they, they enslave our, our retirement money. Why do you think they handcuff it to your 59 and a half? Do you ever think of that? Why would they put a handcuff on your money that you earned and you signed up for it for decades? You can’t touch that money because they’re touching it. That’s like they’re touching. They’re making money off of it. They’re using it as financial instruments. They’re using your future tax revenue as to create bo. To create the currency in the first place.

So we’re all. They’re leveraging us for everything. And so what you have to do, knowing that this is true, right, we’re not sitting here making wives tales. These are, these are true. You have to fight. You have to fight for your spiritual health, your mental health, your emotional health, your physical health, and your financial health. And people are so overwhelmed. I got kids, I got a mortgage, got a house, got a business. You know, I have a daughter, she’s in dance. She’s on the USA Tap team. I got, got boys that do lacrosse and football and basketball.

I got married, I got my wife and I got this big house and I got my dog, and I just took him to the vet, and I got my cats and I got my employees and my agents. And I’m not, I’m just too busy to do all of this. It’s like you have to prioritize your financial health. Why? The number one thing talked about in the Bible is money. Not even Jesus, not even how to be a good person. Money is the number one thing talked about in the Bible. And so many people don’t know what their money’s doing.

They have no budget. They like, oh, money just comes out of my account, goes into a 401k. What is a 401k? I don’t know. It’s three numbers in a letter. It’s an IRS code. You’re doing it the wrong way. You’re doing the right thing, but you’re doing it the wrong way. You’re tying your money up. It’s a liquid. It’s high feed. Wall street colluded. Wall street steals half your money when you’re growing it. The federal and state government still half your money when you take distributions like, there’s better ways that wealthy people use that you can save yourself millions of dollars.

Let me. Let me say that one more time. Millions of dollars. Not saving you 40 bucks or a free pair of socks. It saves you millions of dollars over your life by investing in the private sector, investing in you. You own it. You don’t give it to another investment company, Fidelity, to hold. And then. And then, you know, Wall Street’s there hitting 12b1 fee, class A share fund fee, money management account fee. And then, oh, can I have my money? Government. Well, sorry. We spent a lot of money. So taxes went from 35% to 50%, because these are the things people don’t understand.

So you help the wealthiest among us do this. You know, you sitting in with the hat, you’re. That’s what people don’t realize. I mean, you’re sitting here, you look. You just look like an average Joe. But you seriously are working with the wealthiest people out there, and they are working with you to shield their assets and to leverage their. Their money in ways that keep them liquid. That’s the one thing I get worried about, is making sure they’re liquid. Everybody needs to be liquid. But while minimizing your taxes, almost eliminating them, in many cases. Eliminating. Yep.

And then also accelerating the money that you can earn off of your own money. Right. Because that’s really important is because you want all these passive ways to make money. Right? Yeah. The whole point is preservation of capital. The average American. You ever heard the word diversify? They don’t diversify. And this is where the programming comes into the average. Even middle class to high middle class to low wealthy. They get to a point where like, oh, I am diversified, Joe. I have real estate. I have stocks and bonds. I have gold and silver. I have crypto, I have rental properties and business equity.

Well, when I look at that, I say, okay, all of those are correlated. If the stock market goes down, your house goes down, you stop, you make less money, your bond goes down. And gold and silver is not doing what it used to do. Look at this. Shut down. So when. When you look at what’s going on, you’re not diversified, then you want to talk about the biggest diversification. People just miss taxation. I’m diversified. Really. House is taxable, business is taxable, 401k is taxable. Wife’s IRA is taxable. Gold and silver is taxable. Crypto is taxable. Rental properties are taxable.

So you have no diversification of taxes go up. You have no diversification if the market goes down, you don’t have a financial plan. What if I die? What if you get disabled? If I need care, who’s going to take the business? Who’s going to take care of my wife and children if I’m not here financially while they’re emotionally, mentally and spiritually just destroyed? These are the things that I lived through. I watched my father fall 30ft off a ladder. There’s a $25 million construction company, JV Lombardi Builders. I watched my mother die at 52 years old.

Strokes, liver, no life insurance. I watched my grandmother have a stroke, inherited my grandfather’s estate. The stroke turned to dementia. Well, dementia doesn’t kill you. So she was in a nursing home for seven years. The state of Connecticut stole $4 million. My grandfather’s estate, that took him 40 years with his bare hands in masonry to build when he passed, went to her, went to the state. So these are things that are so vitally important. Yeah, because if you don’t protect your assets when you die, they take. Or how much do they take it off? They take all of it.

Leave you $1,200 and $60 a month. Title 19. You mean they’ll take all. Because your pension, people think when you die, then you get their. Well, my, my mother died and my dad got all of her assets. They didn’t take all of it. So how does it work where they take all of it? So long term care, that’s the huge plan. Because we come into this world in diapers and we go out of this world in diapers. If you’re lucky, that means you die. If you don’t go in this world in diapers, I want to say one thing.

I don’t want to go out of this world in diapers. So in order to do that, the number one indicator of being independent into your 80s and 90s and maybe hundreds, if you make it that far, is the amount of muscle you have in your 50s and 60s. Keep freaking working on your muscle, because I don’t want to be dependent on anybody. Well, that’s, that’s your physical health. Right. So these are things that’s not taught. Like, people think like, oh, in order to be wealthy, I just need to make more money. It’s like, no, I, I have clients who make $800,000 a year and their net worth is negative.

I have clients who make 80,000 a year. And over the last 15 years, they’ve saved up to be millionaires. So. And when you look at it, it’s very simple. When People win the lottery when people hit it big in sports, become a big sports athlete. We hear it all the time, oh, this, this sports athlete is broke. This rapper made $200 million is broke. This person won the lottery for $100 million. And it’s not that they’re broke, they’re bankrupt. So what does bankrupt mean? That means you spent more money. You’re negative. So somebody gave you like $100 million and you turned it into negative $4 million.

So it’s not the amount of money that, that’s where a lot of people have misconception, like, oh, I don’t, I don’t. I only make 80,000 a year. I only make a hundred thousand. I only make 60,000 a year. I can’t, I can’t save. It’s like, yes, you can. It doesn’t matter what you make. What matters is what are you doing with the money God gives you? And most people just blow it. They drunk scroll on Instagram at three in the morning, buy crap they don’t need. They buy cars to impress people who don’t like them, their neighbors or their friends, parents that they can’t afford.

And they, and they spend money to fill what, a hole in their heart. And so at the end of the day, the number one, what I have found doing this for a quarter century, almost 24 years, is that the people that have Jesus or don’t have a hole in their heart, they’ve, they’ve solved their childhood trauma. They love themselves. That’s, that’s a big one. That’s really bad. In our culture right now, you go to social media, there’s always someone prettier. There’s always someone, you know, richer. There’s always somebody with a six pack if you don’t have one.

Like, so people are always using other people to judge. And then they have this hole and they’re like, oh, well, let me fill it with fast food. Let me fill it with, you know, things, toys, cars, a house I don’t need. You know, let me fill it with dripping out my kids and things that our family just can’t afford because I’m trying to fill this hole. And so what people understand about money, it’s, it’s more spiritual than anything. It’s, if you love yourself, you have a good relationship with you, you believe your worth to save, you believe you’re valuable, then you will be.

But if, on the flip side, if you don’t believe you’re valuable, you don’t believe you’re worth anything, you think you’re too ugly, you’re too fat. It’s just all of that is going to project into your financial health. So that, that is something unspoken in our culture. They think, oh, the amount of money you make. Sometimes they say that the health of the inside the home is the health of the grass. What is that phrase? Like the, I don’t know, there’s something about the health. If your grass is healthy. Yeah. It stems from. Yeah, correct. Yeah. It gets a mental health of it, if you care about that.

So, but you, you do things with people to really help them funnel this money in at minimum cost to them. Right. Because you’re, you’re setting it up in a smart way. So they’re always using their money to build equity. Yeah. You. So what, what I call dirty dollars. Right. 99% of clients I meet have IRAs, 401k, SEP simples, pensions, deferred comp, 457s, 529 college savings plans. And what I do is I take those dirty dollars and I clean them. And we do, we have a tax reduction strategy. Sort of like putting your money from a 401k into a Roth IRA, but you can only put $8,000 into a Roth.

How do I have clients giving me 800,000 a year, 2 million a year? Because there’s something called a rich person’s Roth and there’s two Forbes articles on it. And this is what the, this is what the wealthy people do. They use that code 7702, because there’s no limit on the money you can put in there. And they take their dirty dollars. Think of like if I had a pitcher of lemonade and they pour it into a cup, and that cup has a filter on top where all the dollars are legally tax free for the rest of your life.

Even if you spend them, you’re still earning interest on it. So we take those dirty dollars, we pour them into a clean cup, and then now the client just alleviated how many risks. What if taxes go up? This clean cup can’t lose. It’s guaranteed not to lose in writing. They use option contracts. Again, I don’t want to overwhelm people, go over people’s heads, but they use derivatives and call options and you can’t lose. And, and they use the safest place to put your money, which is insurance companies. I know the word insurance is horrible. I have auto, I hate it.

I have homeowners, I hate it. Those are all liabilities. This is an asset. So when you, when you look at it, we take what You’ve done which, which unfortunately most people have done the wrong, wrong way. They’ve done the right thing, save for the future, for their children, for their spouse. But they did it in the government way. And the government way has what I call two demonic leeches. Wall street stealing all your money. 12B1 fee, classic share fund fee, money management fee and your account fee, mutual fund expense fee. And then we have the federal, state governments and that all comes down to the biggest lie told in the financial world.

The biggest lie told in the financial world is when you go to your licensed CPA and accountant and you ask them, hey, Bob, Sarah, Carl, I made a lot of money this year, I want to save money on my taxes. Well, what does the accountant do? He says, oh, okay, well then let’s open up a sep, let’s put $50,000 in it. And I just saved you $15,000 and he didn’t save me anything. That $50,000 is going to grow to 200, 300, 400. And now you deferred, not just the 50, all the growth in that account of that distribution is now deferred.

So now it’s going to cost you $200,000 later to save $15,000 in this calendar year because you would have made that 200,000, you would have made it if you put it in a non qualified account. So when you look at it, the word deferral and the word savings are not synonymous. Look at an NFL football game coin flip before the game even starts, I’m going to defer to the second half to kick the ball off. I still kick the ball off in the second half. Yes. Did I save anything? No. I still got to do it.

So when you look at it, that is the biggest lie told to the American people in the American culture. Because the government owns educational system which is teaching the accountants how to do accounting through their rules. And they’re telling them that, oh, if someone wants to save money, just defer it. Look at all the money I saved you. When all you’re doing is you’re spending millions of dollars in your 60s, 70s, 80s, and even when you’re dead, as you were saying, what about the assets that transfer? They’re all taxable. So now the government’s making even more money.

When you’re dead in taxes off of your labor while you were alive, what are you doing? Because now when your children take distributions from your old IRA or 401k, guess what happens? It comes to ordinary income to them. So you pay taxes your entire life. Then when you’re dead on your money. They’re still being taxes paid. Why do you think the government is teaching these accountants? Oh, yeah. IRAs, 401ksimples, pensions for. Why is there so many of them? They’re all the same thing. A 401k is an employer sponsored. An IRA is an individual. A 403b is for police officers and municipalities.

They’re all the same thing. They’re IRS codes that benefit the government, not you. People assume the financial system is safe, but then banks fail, governments freeze assets, inflation quietly steals purchasing power, and then many people realize they don’t actually own what they thought they own. Physical precious metals aren’t about getting rich. They’re about reducing dependence on systems you do not control. That’s why I work with Miles for Franklin to help investors protect and diversify their wealth with gold and silver and other precious metals. They have a reputation of trust. They are transparent, they help people. They never scam you, and they treat you like a sophisticated buyer.

If you want to learn more, or if you want a copy of their private price list which is not publicly available, go to sarahwestel.com Miles Franklin. Fill out that form today and start learning how to protect your wealth with assets you actually own that can’t be taken away from a company you can trust. See, what I like about this is you think differently. This isn’t going to. People aren’t going to understand this immediately. And everything is legal, everything is above board. There’s. This is what the, the very wealthy do and you offer. If, if people are interested in figuring out how to take all of their investments and do it and make more money taxes and build up their wealth.

It. They don’t have to be super young to do that. Right. I mean, they can start at any age. There’s a. It’s better if you’re doing your 20s, but you can do it when you’re in your 60s, right. You can do it at any age. And you work with people to help them understand what this is all about. Right. Because it’s not something people just, oh, okay, I’ll go in and do it. You actually say, okay, here’s all your investments. This is what I recommend for you to do to eliminate the taxes, eliminate the risk, and earn a hell of a lot more money on this money than you would have done in what you’re doing today.

Like a lot more money. A lot. Yeah. It comes down to, right? Men lie, women lie, numbers don’t lie. Right. It was 24 years. A plus rated Better Business Bureau, 4,000 clients, 4 billion with a B dollars of protection and rollover, zero complaints. Well, I know you work with like Dr. Sherry Tempe. She’s just a good, I know she’s amazing, straight up person and I know you work with Hodges. And so I, I said, okay, I’m gonna, I’m gonna talk to Jill and introduce this to people because you think differently and my show is always about bringing people on that think differently and help people.

And I think there’s an avenue here for a lot of people to double, triple what they can in their savings. So how can people learn more about this? And, and I’m going to have you on, on a regular basis to inform people because I think as we’re entering into more chaotic times, people need to understand this stuff. Where can people learn more about you? I know I have the website here. SW Hawk.com Yep. If they go there, what will they see? So I, I own Ironhawk Financial dot com. We have a, a program with Sarah to go to sw hawk.com.

when you go there, you’ll just have your name, your phone number, address. I want to make something very clear to your listeners. I have never charged a client a dollar in 23 years. I’m not one of those financial advisors that double dips. And I don’t, I’m a fiduciary. I don’t make commission. Like, yeah, that’s bs like your commission is made off of the fee. So you know, and the second thing is, I never lost a client a dollar ever. Thousands of them. Never lost a dollar ever. Because the strategies I use has the insurance wrapped with the investment with the IRS code using hedge funds by trillion dollar companies.

Been around 130 years. So it’s, it’s a little bit overwhelming. It takes time. It does. It takes time to learn this. Yeah, but you just, you just go to sw hawk.com, fill out your information. It’s literally free. If you’re not in a position ready to invest, I’ll send you all three of my five star rated books for free. Absolutely no cost, no obligation, no nothing. I’ll send you the article magazine, my webinar, my Money Talk with Iron Hawk podcast. I’ll send you everything and you do your own due diligence. And then if you’re in a position where you’re like, Joe, I realize that like I need to do legacy planning, I need to do estate planning.

I have no long term care. I don’t want to rot in a nursing home. I call a 10 by 10 jail cel and I want to stay with the people I love. You know, I need to do long term care planning. I need to make sure the government’s not in my pocket when I die. I need to make sure that my assets are tax free. I want to make sure if the market has a correction or a dip that I don’t lose a penny. I want to make sure that when taxes go up more, I don’t lose anything because all my money’s tax free.

So when you look at it, eliminating those risks are what makes millionaires millionaires. It’s the ability for them to do something, build a habit. Like going to the gym if you want to be fit. You’re building a habit in your financial life to not go for the instant gratification and enriching your present self to enslave your future self. You are building these habits to enrich your future self because time goes by so fast. It does go by fast. Holy crap. Do you remember when you were 21? Barely. No, I do. I wish I would have started investing back then.

I wish I would have been smart and listened to my parents. But I didn’t. My kids are, they are, they’re doing that stuff. But, and, and they, there’s some smarter ways for them to get established because I, I think it’s pretty common that if you’re in real estate, you’re in stocks, you’re in crypto, you’re in now I disagree with you on the silver and gold. I think it’s being, especially the silver is being suppressed and there’s, that is, I think that’s a smart thing to hold. But if you’re diversifying all these things, you think you’re diversified, but I don’t.

You’re not really. Especially when we’re looking at the government and shielding you from taxes. I think there’s some smarter ways to go about doing this. Yeah. And you could actually buy gold and silver in our strategies so you can actually hold and you can’t lose. You could buy Bitcoin. So there it’s all about what you’re doing is you’re building the right container because what is a 401k? It’s just a container, a wrapper around your money that has rules, regulations, fees, can dos, can’t do’s so you buy a better container for your dollars. It’s literally that simple.

And that container is tax free. Can’t lose sue proof, divorce proof in most states has HIPAA law protection has it works as a trust, it’s a Detestable in court, it legally avoids probate. It’s nondisclosable on your FAFSA form and secondary form for your kids. College planning doesn’t disqualify your kids from grants, scholarships, loan free student loans. Yeah. So when you look at it, you want to have the container around your dollar that the government can’t take. It’s a no brainer right now. It’s a no frickin brainer. Okay, so then go to Sarah West. No, Not Sarah Wessel.

SW Hawk.com and learn how to do this. I think all of us need to have at least a portion of our assets in this. I agree. I mean, I don’t know how you go. I feel comfortable of having just things liquid, a certain percentage I need that I need a bit, you know, But I, there’s some smarter things I would have done with my kids. I have them on some whole health and whole health. Life insurance. Whole life insurance. What do you call it? Right. Yep. And I think I would have set it up differently. I did it when they’re little and I would have set it up differently like you were doing it because I think I’d have about four times the money in there right now if I did.

IUL instead of the whole life, your rate of return would have averaged 14%, not five and a half. Well, I think my rate of return is like 8%, which is still smarter than the average bear, but I would have done way better with. But it’s also because of the upside front. You showed me the grass and my jaw kind of dropped. I said, okay, I’m ready to listen now because the amount of money that went in up front was a lot more. And if you can start with the upfront larger balance because the brokers and everybody else is taking so much of it.

You’re, you’re, you’re establishing it differently. I’m telling you that that was jaw dropping to me and the fact that my kids would have probably four times as much money in there if I would have done it like this. Yeah, it’s. It’s one of those things where you did the right thing and then you did it the right way. Right. You went the non qualified route, the non taxed route. You hear me say the word qualified as an IRS term for taxed later. So the non qualified is non taxed later. That’s the one you want. Even though, even though they call it’s qualified and so it sounds good.

No, it ain’t. Good. Good for them. Not. Yeah, yeah. AKA the Government. So when you look at it. Yeah, you have to structure. You did it the right way. Right. The only thing you were missing were two. You’re missing three components. A living benefits for your child gets to get disabled. Right. With my strategy, get up to 1.5 million tax free dollars. If they’re disabled with yours, your premium is just paid of like a few hundred dollars a month. Yeah, yeah. And then, and then with the long term care, they don’t have any. Right. With my Strategy to get 30,000amonth tax free.

Okay. And then with what it’s invested in. Right. So you’re just taking the dividend from the insurance company. What my clients do is they take the dividend and they buy call options. And, and because they’re buying blocks of billions of dollars with these, you know, huge companies, they’re able to get extreme discounts where they actually get over a one to one ratio on the rate of return. The S P 500 does or the NASDAQ does. Yeah. So now they have, and they can’t lose because if the contract loses that they get their dividend next year. So they’re made whole.

So it’s one of those things where you’re almost playing with house money. And then the fourth thing, in my opinion, the most important thing, there’s something called non direct recognition. Imagine if you pull out for your children. Because all three of my children have this. If you pull out money for your children, I bought my 16 year old a Porsche, you know, be very, very reliable. But I use his life insurance to do it. And so when I took it out, I’m still earning interest on the cost of his car. He’s 16 till he dies. So he, and then when I, when he turns 22, guess what I’m gonna do? Change the ownership.

As long as he’s not a druggie. You’re not a gambler, not a, you know, a bad person. I’m gonna change ownership from me over to him. Now he just has his own bank. That’s gonna grow for the rest of his life. Even if he buys a house in 2030, he’s still going to be earning interest on it in 2060. See, that’s incredible. There’s non direct recognition. That’s what we need to learn how to do. We need to be smarter. You’re bringing strategies that the billionaires are doing to my listeners and I want to thank you for that.

You’re going to be back on a regular basis and I think, I just hope more people take this seriously because you will hey, you need to send me a thank you card if they start working with you, not you. They do, because we’re going to be making. You’re going to be making them a heck of a lot more money. So thank you so much for joining the program. And again, we’re going to have you back on a regular basis. As, you know, as the chaos unfolds, everywhere we’re going to, people are going to need smart strategies and they need to establish it up front, too, and think differently.

Don’t think that everything you’re being told by your investor or your planners are the best way to do it. I mean, it’s time to get out of our fricking boxes and think differently. It’s one of those things, you just tweak things along the way. I worked in Wall street securities. License, sold variable products. I did all that IRAs for. I did all that stuff. And then I realized if the market goes down, right, what, what do they train me to say, Sarah, the market’s down, buy low. It’s like, Joe, you just lost you. I just lost 300 grand.

You’re telling me to buy. Yeah, it’s a great time. Look how great Joel Lombardi is. Buy low. And then when the market goes, what I did, Sarah, I made you 300,000. The market went up. Look how great Joel Lombardi. So either way I’m right, and either way I’m robbing you. And I realized that that was kind of like demonic. Like, okay, so we’re trained that if they lose money, it’s a good thing because they get to buy low. And then if we make the money, it’s a good thing because their account’s higher. And I’m like, either way, I’m making my fee.

And I’m like, that doesn’t seem ethical. It doesn’t seem moral. Doesn’t seem something that I want to be as a God fearing Christian. So I got out of Wall Street. I used to work in Manhattan at Hanover Square. I used to work in Wall street. And I got out of there, started my own firm just to try to protect people, to say, listen, you could do what that is. But I’m letting you know, long term, you have a lot of demonic leeches that are stealing a lot of your money. You go this way, you kick out Wall street for good.

You kick out the federal and state governments for good. All the money in there is yours. It’s you. It’s on your Social Security number. Works as a trust. It’s like the coolest thing ever and people, they’re scared like, well, my neighbor isn’t doing it. Well, yeah, your neighbor’s gonna die broke in a 10 by 10 jail cell like you. Don’t you want to copy what the ultra rich do? That’s right, the ultra rich do. You don’t need to copy. What Joe down the street that I’m using your name. Sam. Yeah, that’s fine. Sam down the street’s doing who can barely afford retirement.

You need to do what the billionaire class or the millionaire class is doing and they’re, they can afford retirement. You need to afford retirement too. Okay, SW Hawk.com thank you, Joe. I really appreciate you coming.
[tr:tra].