103: Whole Life Insurance For Multi-Generational Wealth – Rachel Marshall
Today’s guest on The Expat Money Show is Rachel Marshall, Chief Financial Educator & Co-Founder of The Money Advantage. She is known for making money simple. fun. and doable. She is the co-host of The Money Advantage podcast, the popular business, and personal finance show. She teaches how to keep more of the money you make, protect it, and turn it into cash-flowing assets.
I know some of you are thinking: Mikkel, Life Insurance….really? how boring! But I can tell you, this conversation with Rachel Marshall is super interesting. Really! There were so many questions for her, stuff people just don’t know or understand, and once you’ve listened to this episode, you will. For true generational wealth, this is an amazing podcast to listen to.
In Rachel’s words: ‘We help entrepreneurially-minded wealth creators build financial freedom with Privatized Banking, alternative investments, and cash flow strategies without working harder or sacrificing their lifestyle.’
TOPICS DISCUSSED IN DETAIL IN THIS INTERVIEW:
- Money Advantage Podcast with Mikkel Thorup
- Robert Kiyosaki
- The difference between the many types of insurance
- Having income is not the same as wealth
- Privatized banking
- Safe. Liquid. Growing.
- Whole Life Insurance – When did this start? Is it something new? Or old?
- Nelson Nash – NN Institute
- TheMoneyAdvantage.com
- Details of Whole Life Insurance
- Leveraging your insurance
- Generational Wealth transfer
- Compound Interest
HOW TO REACH RACHEL MARSHALL
TheMoneyAdvantage.com Book a 30-minute call
Free Guide – Privatized Banking Strategies
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016: Clint Arthur – How To Position Yourself For Success
FINAL THOUGHTS
I loved this episode with Rachel Marshall and I learned a ton. Even though I’m a Canadian, I left before I got Life Insurance for myself and my family. As I found out today, Whole Life Insurance is really a special product for Americans and Canadians and that’s why I had never heard of it, living in the UAE for 8 years. I’m really glad Rachel walked me through the concept of Generational Wealth and I can’t wait to buy her book: 7 Generations when it gets published!
About The Host, Mikkel Thorup
Mikkel Thorup; the host of The Expat Money Show, has 20+ years in continual travel around the world, visiting more than 100 countries including Colombia, North Korea, Zimbabwe and Iran.
His goal now is to help Expats just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.
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