Mastering Wealth Strategies: Infinite Banking & Retirement Accounts Explained - Generational Gains Ep. 16

Welcome back to Generational Gains! Join Greg Herlean and his son, Carson Herlean, as they dive deep into effective wealth management strategies. In this episode, they break down the infinite banking concept (IBC) and different types of retirement accounts, providing valuable insights on:

• The basics of infinite banking and its benefits
• Qualified vs. non-qualified money
• Effective use of 401k, Roth IRA, and other retirement accounts
• Practical advice on building a strong financial foundation
• Real-life examples and expert tips from Greg and Carson

Whether you're new to financial planning or looking to enhance your wealth-building strategy, this episode offers practical advice and actionable steps to help you achieve financial freedom. Don't miss out on learning how to take control of your finances and secure your future!

0:00 - Introduction
0:21 - Asset Classes & Money Management
1:01 - Infinite Banking Concept (IBC)
4:29 - Setting Up Your IBC Policy
11:13 - Understanding Retirement Accounts
17:03 - Qualified vs. Non-Qualified Money
20:45 - Choosing the Right Financial Strategy for You
26:02 - Sweet, Sour, and Service: Weekly Highlights

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Watch the full video episode on Greg's YouTube Channel here: https://www.youtube.com/@gregherlean

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Check out Greg's website here: https://www.gregherlean.com/

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Carson's TikTok: https://www.tiktok.com/@carsonherlean