Americans are running out of money in retirement, and its not just by a little… there’s a big shortfall. It shouldn’t be this way, but sadly Americans have either not saved enough, or saved in the wrong places… maybe some of both.

The typical IRA and 401k are just not cutting it. So what should we do instead?

Today on Wealth Talks, Tom and John talk about why the 401k and the IRAs have failed Americans, and what we can do to save more effectively for the future.

Some people advocate borrowing from a life insurance policy for everything. Others vehemently oppose taking a policy loan at all. What should you do? The answer is simple though not conclusive… it depends.

Sometimes it makes great sense to take a policy loan. At other times, you can save more money by borrowing elsewhere.

Today on Wealth Talks, Tom and John point out the effects of borrowing against a policy, and how you can decide when to use a policy loan and when to look for other funding options.

With low interest rates right now, does it make sense to make extra payments right now? This is an area of confusion for many, and it is often glossed over by the experts in finance.

Today on WealthTalks, Tom and John discuss making extra payments on a mortgage, and even using a HELOC to pay off the mortgage early.

Knowing the facts can save you a lot of money. Listen Now on Wealth Talks

Fun with Real Estate Presentation - Video: https://www.life-benefits.com/videos/fun-with-real-estate-by-tom-mcfie/

How did it originate? What was it intended for? How can it be used? Is it a good financial strategy?

Those are good questions. Listen Now on Wealth Talks as Tom and John delve into the inner workings of the Roth IRA.

How Does a Roth IRA Work? - Article: https://www.life-benefits.com/how-does-a-roth-ira-work/