Hear about Tim Austin creating $2 Million in generational wealth, using the Dual Asset Strategy. Tim also dives into creating a buy/sell agreement in your business and leveraging dividend-paying whole life insurance to protect your financial future.

Joining our hosts is Tim Austin, who co-founded the Bank On Yourself concept. He is also the founder of SET for Advisors, a leading training organization for financial advisors who want to help their clients grow wealth predictably and without unnecessary risk. Tim shares why current investment and savings practices are so different from previous generations. He dives into how we can learn and profit from the tried-and-true methods of our great-grandparents.

Tim has worked with 100 Year REI Co-Founder Teresa Kuhn for over two decades, making clients’ financial dreams a reality. As a real estate investor, he knows the importance of limiting the risk in your financial plan. With this mindset, Tim turned $290K into over $2Million utilizing the Dual Asset Strategy to invest in real estate.

What is Generational Wealth?

Yahoo Finance defines Generational Wealth as wealth that gets transferred from one generation of a family to the next. It may consist of valuable assets such as cash, real estate, securities, or ownership of a family business.

Key Insights:

00:00 Introduction.

03:10 The mindset you have around money is important.

04:35 One of his favorite quotes is: “Money is a terrible master, but an excellent servant.”

06:34 Is your money working hard enough for your future?

08:10 How to have a 100 Year Investor Mindset.

09:03 The Four things to remember about long-term financial security.

12:15 The decisions you make today will impact your future.

16:00 The importance of taking responsibility for your financial future.

17:29 How to access your cash in a safe tax-favored environment.

21:09 Multiple ways you can leverage a whole life insurance policy to create generational wealth.

24:40 Identifying growth opportunities for your savings.

26:51 Finding a secure way to leave a legacy and protect your financial future.

28:50 Personal responsibility is the key to happiness and self-freedom.

Check out the video version of this podcast to learn how you can create generational wealth and protect your family’s future by using the Dual Asset Strategy.

Are you ready to learn more about creating generational wealth?  Get in touch with our Team now. They’ll put together a customized plan to achieve your financial goals, whatever they may be!

Our Team has over 100 years of combined experience and specializes in working specifically with Real Estate Investors. The special design of our policies helps you grow your portfolio and protect your legacy by creating generational wealth. Book your call and get started today!