It’s scary right now in the economy. That’s why you need an advisor who stays in touch and keeps track of what’s happening in the world. Suppose you’re like most people within 5-7 years of retirement. In that case, you’re probably concerned about having your life’s savings eaten away by everything from market volatility to never-ending inflation to higher taxes, fees, and administrative costs. I often get calls from concerned business owners, entrepreneurs, and investors. Often, these people have asset portfolios being eaten away by multiple erosive forces, such as inflation and taxes.

In its simplest form, the Dual Asset Strategy (DAS) is a way to describe the process of using value inside a specially-engineered whole life policy to invest in real estate or other cash-flowing businesses. First articulated by veteran real estate educators and investors Jake and Gino of “Wheelbarrow Profits” fame, The Dual Asset Strategy is an easy-to-understand method of framing the principles undergirding a 100 Year Real Estate investor approach to wealth creation. Investors of all kinds, but especially real estate investors, can profit from using DAS to become their own source of financing.

If you’re like many of my clients, you probably wonder how much your prosperity and financial security depends on outside forces, people and events you can neither predict nor control. You watch, dumbfounded, as the stock market goes up, even when common sense and economic data indicate that it should be going down. You read about the Federal Reserve manipulating interest rates and about governments pouring billions into the economy to “stimulate” it. Yet, as I write this in the waning days of the COVID pandemic, the economy remains as sclerotic and anemic as ever. You may think that finding prosperity and lasting wealth despite the chaos is an impossible task. Fortunately, there are some steps you can take right now to help keep your wealth from being completely devastated by inflation, bank shenanigans, wrongheaded policies, and market downturns.

Buy term and invest the difference is a piece of financial advice most people would be wise to ignore. Years after being discredited by most many financial advisors and educators, “buy term and invest the difference,” or BTID, is still going strong in some circles. It’s one of those pieces of dubious financial wisdom that seems, on a superficial level, to be self-evident.

“Rich Dad Poor Dad” author Robert Kiyosaki maintains that the real key to financial freedom and wealth is your ability to take the money you’ve earned and turn it into income. In today’s chaotic economy, income reigns supreme. Some say that the act of planning is a way of bringing your future into the present so you can do something about it right NOW.