thanks for the video. Would you please explain if fixed index universal life is better than IUL? If it is still not better than WHOLE? Thanks

You do know you can use them to eliminate taxes you pay later. You can use the traditional 401k to lower your taxes to fund a Roth IRA. And using both these accounts you can make it so you pay little to no taxes in retirement. You also have the 55 rule if you want your funds before 59.5. Other than that it is not good to pull money out of your retirement funds you want to get to your first 100K as fast as you can. The Fees are very very low lower than most products and is not an issue. They are far lower than using life insurance gimmicks for retirement funding. And they are far lower than fees for rental properties. The 401k and IRA is a very powerful wealth building tool for the last 10 years my returns from my monthly investments is 210%

From writing the Rockefeller’s to Rocking my World with this Meditation❤! Thanks G, This was Needed🎉🎉🎉🎉🎉2025

Thanks Garrett - I need to hear these things often as I’m a recovering miser also. Im glad you mentioned unclaimed property as I’ve helped friends and family recover $13k+ of unclaimed property. In addition, I searched on behalf of my employer and discovered an additional $300k+, which I proactively recovered helping our bottom line. @garrettGundersontv I actually found 7 properties in your name with the State of Utah (not 100% sure it’s yours or someone else with the same name), 6 of which are from Mountain America federal credit Union.

Man if you will take some constructive criticism. It is very hard to listen to your interviews because you interrupt people so much. Nonetheless I appreciate what you are doing and your knowledge you share. But please let people talk 🙏🏽

Cmon Gary , let Walker talk man :)

Dude, you are hilarious: 2nd investment mistake. Wall Street daycare. 😂😂😂

Garrett, I’m looking through your channel with videos about using credit cards to buy liquid assets and skimming the asset to pay the credit card minimum. Do you have any videos that explain pros and cons???

We were sold four IULs telling us that you get protection plus growth of our investment. Our agent never told us that the DB is only the face value NOT face value plus the investment. They hide this key information from clients. For that sole reason I’m going to surrender all four policies.

❤💚💛💛💛💙

Having trouble finding this podcast on audio only sources.

Looks like the medical field today.

Would love to hear a deeper dive on this topic. Maybe a future episode. On another note, do these guys have the best hair in podcasting?

Garrett, Audio is missing from right ear on all of these videos

Wow 2 of my favorite authors and thinkers

let’s go to Bermuda. now

Id rather use a CD for my kids and whole life for myself. I don't want to incentivize my death. I see too many adult kids wondering when their parents are going to die and how much will they get. It's human nature.

I'll be in your team, but I'll have to use your money. I have proven money making ideas.

Shame is a major cause of limited self-expression and lack of progress. Though some do use shame to catapult themselves into an unreasonable amount of busyness and work. Good stuff👍🏻

This only works if you're putting in at least around 100k annually for 7 years. Why? Your dividends will pay for your premiums when there's enough cash valve. Otherwise, IBC isn't worth pursuing.

Some people (like Dave R.) are not nice. I'm very upset 😡 people like him even try, to lie like this thinking people are plain stupid. He really thinks you, are dumb. Or maybe he's just a plain idiot!

Just get a fixed rate on simple interest. Done.

Well the only thing Canadian is taxes and more taxes paying taxes is the Canadian dream 😂

The biggest advantage of a traditional 401(k) IMHO is the amount of money per year you can contribute to the account as well as the "Rule of 55". For someone 50+ that would be a max of $31,000/year (including the "catch-up" provision). With traditional IRA (or Roth) accounts you are limited to $8,000/year (50+) across ALL IRA accounts; obviously Roth should be prioritized and fully allocated to. With the 401(k) invest it in the lowest cost index funds available in the plan (e.g. S&P 500 fund and/or government bond fund) and for sure grab 100% of the employer match. Keep the funds invested in the 401(k) until 59.5 and then roll the entire 401(k) into a traditional IRA account which has far superior investment options (and lower costs). Between ages 55 and 59.5 the "Rule of 55" allows you to access the 401(k) funds penalty free. At 59.5 you have penalty-free access to the traditional IRA account.

Why not make most of your retirement accounts tax-free with a Roth? The low fees of the 401k and IRA make it a great retirement vehicle. The bucket strategy also makes it more likely to have more money and a higher drawdown. It is very unlikely that taxes will go up. Also a Roth IRA you can take out what you put into it as any time with no fees or taxes.

You don't know the 4% rule? The 7% growth average is after fees and inflation. And the growth of the 90’s? I have had 200% growth since 2015 with my monthly deposits very good growth. And your example of someone putting all their money into high-risk stocks in retirement is not recommended by every financial advisor that works with the 401k. Having a $40,000 draw down over your life on a 401k is far better than $6,000 a year from a pension. Also living off 70-80% of your previous income is a baseline and minimum goal. (in reality, people can easily live off less). Roth 401k you don't have to pay taxes on your growth!

I produce for whole life, I've seen F&G has a Uncapped iul, if the cap is the trap is that a possibility that the F&G pathsetter product could work?

Love it 🔥🔥🔥❤️❤️

Wisdom talk

The Emergency Economic Stabilization Act of 2008, also known as the "bank bailout of 2008" or the "Wall Street bailout", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks. The bill was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and was signed into law by President George W. Bush. It became law as part of Public Law 110-343 on October 3, 2008. It created the $700 billion Troubled Asset Relief Program (TARP), which utilized congressionally appropriated taxpayer funds to purchase toxic assets from failing banks. The funds were mostly redirected to inject capital into banks and other financial institutions while the Treasury continued to examine the usefulness of targeted asset purchases.

A friend terribly regrets following Dave's advice to merge all money in marriage...yrs later it's almost impossible to leave a bad marriage. Pretty sure that dude worships himself and/or money itself...

Dave doesn't recommend investing in bonds...

Won competition for worst life advice lol

Do you want and that’s all that we did King song sounds like a nice change from one side in that my life for😊

So you are saying whole life, withput the index and the variable index correct? Do you still recommend 401k's (or in my case TSP) to catch the employer match and stop there? Then the rest that you want to save for future is ALL in whole life? Or do you also use another vehicle (maybe along with stocks) and if so, what other vehicle do you recommend? And thank you so much btw for your videos, i love watching them.

So true, so wrapped up in trying to earn more money because to us as an individual that equates to the actual / perceived value that we place on ourselves to feel valued by others. And wasting our precious time not doing what really matters in this life.

What? Sacrifice refers to preferentially selecting something that you desire over something else that you desire in favor of a particular outcome. This is demonstrated in all aspects of life. If you refuse to make sacrifices for what you want, your goals become the sacrifice. This isn’t about doing what other people want this is about understanding strategy, logistics, acting decisively and being able to successfully predict the outcome of your actions. The person you are describing is a weak, slow moving, indecisive fool who lacks self control and the ability to strategize.

Outlawing usery on a global level is the only real way to counteract excessive greed

Money also creates happiness

The problem is with the greedy republicans.

Money in itself cannot buy happiness. But money can pay for the things you need and that make you happy.

Meth Dealers be thinkibg theyre Jeff bezov

What business?

No. The love of money is the root of all evil. If you’re going to quote the Bible please read it before quoting it.

This is the definition of word salad. In this sound bite alone, you said nothing of value. You seem to think very highly of yourself. Ill pass on anything you offer as advice. You are really just humble bragging in the lamest of ways.

Long haul is a decade, not 30y. Doing what you preach will fold many folks, it takes massive amount of time to get educated lol, without that only running high on coke it’s not the answer for most but for some

Thank you, now I can buy cookie for Santa.

Money pays the bills, food and rent/mortgage. That is the happiness it buys. The stress of having to choose whether to pay the light bill or buy groceries is something no full time worker should have to go thru.

Only those who have money say that it cant buy happiness. I see a lot more rich people happy than I see homeless people happy 🤷

But you're not wealthy though.