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I've had multiple families ask me in the last few weeks what they should do while the market is down.  And of course the answer depends on your situation.  In this episode I help you think through what is a good response for you to have during a time a market volatility and fear for many.I also hope that this season can be a learning experience and encourage you to begin thinking differently about your investment approach.   There are passive, accessible alternatives to the stock market that can provide cash flow today and even better long-term growth opportunities.   Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Today I am talking with Stana Martin, a LTC specialist who has developed a niche helping people specifically with the claims filing process of using their LTC policies.   Stana has over 15 years of experience in the LTC space and found her company Mrs. LTC, Inc. in 2012 so she could focus on the helping families file claims.  She’s written two books around this topic, is an accomplished speaker, and has a great sense of humor as you’ll hear.  I know I talk a lot about LTC on this podcast, but it is definitely in the top 3 financial risks during retirement.  I’m convinced that inflation is number one and I’m really not sure whether stock market risks or LTC risks pose the second biggest threat, but either way, this is a really important topic.Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
In this episode I answer a question from someone who retired ten years ago at 45, but is now struggling to handle increasing expenses and a market downturn affecting her investment income.  This question provides a valuable lesson about the impact of market volatility during a time we're "living off investments".  Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
In today's episode Jared Williams is being interviewed by Mike Hatch and Chris Bolinger on the Empowered Manhood Podcast.  Jared shares about his spiritual development, many failures along the way, and how God has always been faithful. Jared answers why the majority of financial advisors follow the typical approach and only offer managed mutual funds and/or annuities as retirement solutions.  Jared discuss how he vets private investments his clients may invest in.Finally, discusses how he developed the Compounding Cash Flow strategy to solve the two greatest retirement risks of inflation and the stock market.  Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
In today's episode I talk with LTC specialist, Linda Caruthers, to talk about a recent state-mandated long term care tax program that was recently enacted in WA state and how this will likely affect all of in the upcoming years.  Linda talks about the problems that have been created by the program and what you can do to opt out of a similar tax mandate in your state.  Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Today's Questions:1) We have a family run business and my teenage daughters are earning paychecks from the business. Right now they are contributing to a simpleIRA plan set up through Northwest Mutual with a 3% match from the business. My question is, is there a better place for 15 and 17 year olds to save their money. These contributions are made pre-tax so I'm a little worried about their tax liability down the road. Any help would be appreciated! 2) I have a question about Term Life Insurance. I am getting ready to retire (I’m 55), but my husband will continue to work for at least 10 years (he is 42). We will be living off his salary until he retires.  We have around $500k invested in 401ks, Roth IRAs and brokerage accounts. Good emergency fund. No debt. Paid off house. He will continue to put at least $3000 a month into investments until he retires. We live very frugally, but do take one nice vacation every year. I am concerned that something could happen to him while we are still living on his salary. My grandfather and father died very young, and their wives were left with almost nothing, so I feel like it’s a valid concern for me.  Do you think Term Life insurance is something we should look at, for maybe a 10 year policy? 3) What are your thoughts on living off dividends with about $1.5M at age 56? Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Today I interview Danny Cole of Spartan Invest to ask how appreciation and rising interest rates are affecting turnkey residential real estate investors.  We discuss how certain markets will likely fare better long-term than others, how mortgage rates - while higher - are still cheap, efficient money especially for long term investors, and how residential real estate is still a great hedge against protection.  I even drop in a few nuggets to help investors find higher CoC properties when comparing.  To contact Spartan Invest and learn more about investing with them visit biblicalwealthsolutions.com/spartan-investAccess all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Today's Questions1) For young people that don’t have a large portfolio, how do they find multifamily or other syndications that they would be allowed to invest in? The ones I keep finding, require that the investor be accredited.2) Am I missing something? Where I live a nice 2 bed, 1 bath house rents for 850 to 950. OK so 20% down on a 85,000 house with 2b,1b would be 17,000. After buying 8 of these houses or 135,000 worth of 20% down payments , I'd receive 3,600 per year, per house or 28,800 per year in profit. This goal seems highly attainable to me, am I missing something.  I could live very comfortably off 22k to 28k. 3) I’m 58 years old, no debt, SS and pension in four years. I want to quit my job this year and I need a bridge to 62. Don’t want to touch investments until 62. That’s why I have now 160k totally (budget of 40k each year for four years) in savings accounts. Losing value due to inflation, but no risk of a stock market crash.  Is there something better that I can do with 160k, when I can’t take a risk during the four years when I use this money, between 2022-2026?Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Jared talks with Lisa Isbell, owner of Senior Care Authority of Central Virginia, about how adult children can best help their aging parents find care.  Lisa gives great about what really matters most when it comes to finding living and care options for seniors and cautions adult children to not be drawn in by certain bells and whistles. Lisa explains how her company is able to help families nationwide find the best care facilities without a cost to families.  To connect with Lisa go to www.seniorcare-richmond.comAccess all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Today's Questions1) What should I do with my money in my employer’s 401k now that I’m retired? 2) Should I pull out home equity to invest or invest the monthly mortgage payments?3) When is 8% CoC way better than 12% CoC?Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Today I'm talking with Jean Burk about how her program helps student significantly increase their SAT, ACT, and other exam scores and how this can help them get full ride scholarships to not only undergraduate, but graduate, law, medical and other post graduate schools.  Author Jean Burk is a homeschooling mother and creator of the revolutionary and award-winning College Prep Genius curriculum which has helped thousands of high school students prepare for the SAT, ACT, and other exams.   Jean currently travels across the US speaking about how to go to college for FREE!Learn more and get College Prep Genius program here.  Finally Jean is hosting a free virtual conference - Parent Prep University - May 2-6 2022.  You can register for that event here.Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
In this week's episode I'm joined by Ryley Smith at Ryley Smith Wealth Strategies with whom I often partner for 1-1 coaching of people in their working years and for life insurance.  Together we are answering the question "What's the real ROI of my 401k match?"  Ryley shares one concrete principle when it comes to having the maximum efficiency of a 401k match.   You can watch the video recording of our conversation here.Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
This Week's Questions: 1) I'm trying to cut expenses as much as possible.  I was looking through my auto insurance policy and it seems like I heard that a person doesn’t have to have Uninsured or Underinsured motorists on the policy.  Do you know if that is true or not? Also we have a 2012 dodge van.   It looks like our policy has auto collision insurance for 67.17 with a $1000 deductible.  In addition to the regular premium.  Under limits It has Actual Cash Value.    Is this necessary to have?  The vans not worth much over the $1000 deductible probably.  It’s in bad shape but we are driving it until it quits. - Sandy 2) I work a contract job and they offer a 401k and Roth 401k, there is NO matching. Which 401k should I put money in from my paycheck?3) What's the difference between a self-directed IRA (SD-IRA) and a Solo 401k?Resources Mentioned:Ep 55: What Insurance Do I Need and What's a Waste?Ep 20:  You've Never Met a Home & Auto Insurance Agent Like This - with Darron MillerAccess all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
In today's episode I'm answer: 1) What is the FIRE movement? 2) Should I refi from a 30 year to 20 year mortgage?3) What is a mutual life insurance company and does it matter what kind of life insurance company I use?Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Today's Questions:1) I live in a high COL area and as a result, I don’t think local real estate will be part of my investment strategy (400k-500k base prices are standard). Buying real estate outside of my state (or on the opposite side of our same state) seems complex and I’d have to hire a management company plus there may be out of state taxes…any suggestions for different ways to invest other than stocks, bonds, ETFs, and index funds? Or tips for real estate investment for people in a high COL area?    Learn more about turnkey investing here: https://biblicalwealthsolutions.com/turnkey-investing/2) Curious... If you had $500,000 in equity in your primary residence...what would YOU do with it?3) I’m just not able to invest big amounts of money into the stock markets because of ups and downs but I feel more comfortable with real estate for some reason. I’m 41 and completely debt free. I’m almost a millionaire and will be before the age of 45. I’m really considering buying an apartment complex let’s say for a million with 20 percent down payment. Where should i start?Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Questions: 1) I am hoping to gain clarity on how much money I need to retire. My FIRE number is 1,875,000 ($75,000*25) but when I look at yearly withdrawals using Excel this number isn't even close to enough money. For example, I currently have a bit over 200k in retirement. If I continue to work for the next 20 years while saving 36k a year and assuming a conservative 6% return, I will have just over 2 million dollars. I would like to have $75,000 a year to spend in retirement. In 2042, assuming 3% inflation yearly 75k will actually need to be about 135k. I then assume the amount I want to live off of continues to inflate 3% yearly and my remaining funds earn 6%. Needless to say, I will need to die by 2061 at 69 years old. Hardly ideal. Am I doing something wrong? Why is my fire number seemingly so low? Thank you for your insight! 2) How much life insurance do I need?3) What is the best first investment?Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Questions:1) I'm currently focusing on getting out of debt. I took the plunge and got a second job at Wegmans. My dad suggested I make sure to have the right amount of tax taken and cautioned me that this second job might push me into a higher tax bracket. I checked the brackets and he is right. I am right at the edge. Is this going to be taking one step forward to take two steps back?  Need some encouragement.  2) What is the “equity multiple” in a real estate investment? Watch my video on Understanding Return Calculations3) Looking for advice.  I own my home outright (paid cash).  Have 0 debt and 0 loans.  Have 25k in the bank.  I need a bigger house (family grew)  The original plan was to sell my house ($220k) and use that as down payment on a 300k house and have a mini mortgage.  Now I'm thinking of renting out my house (1500 a month using some of that for paying my mortgage on #2 and saving 10-15k for taxes and repairs that renters would need) and getting a loan for the 2nd house.  Learn more about Turnkey Residential Real Estate InvestingAccess all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Questions: 1) How risky is real estate investing compared to stock market investing?  - Krey in TN 2) How can I diversify real estate investments? 3) Hi, I’m brand new to investing largely because I had less than $0 that wasn’t devoted to bills.  I made a career shift that jumped my income and now I’m trying to get my accounts and plans in order.   Last year I opened a Roth IRA and maxed it out, and that has been my plan for this year as well.  I will be eligible for a 401k in a couple of months that I plan to max as well.   There is a high likelihood that I will not qualify to contribute to a Roth this year.  So here are my questions:  1) what do I do with what I already invested in my Roth for 2022?  It’s tiny but I want to make sure I don’t get a fee for contributing to a Roth if I no longer qualify.   2) what do I do with my post-tax dollars?  Should I just put extra post tax money in a brokerage account and call it a day?   Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
In this episode I teach you how nearly all financial advisors go about solving the two biggest retirement challenges: 1) how to turn savings into income & 2) how to not run out of money and why their approach - while seeming to be  conservative and low-risk - is actually a very high-risk approach to retirement.   Then I show you how taking a different approach to retirement investing can have a major impact on the success, freedom, and peace of mind you can expect in your retirement years.   .  Watch the video presentation.Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
Questions Answered: I have my $1000 emergency fund that’s sitting in my savings account gaining no interest. Should I move it to something where it will gain some kind of interest just sitting there? - Pierce  Julie says... "Let's talk long-term-care.  I'm 54, in great health, and single.  It's the only thing I'm concerned with in my financial picture.  Dave Ramsey says wait until 60 to get it, but this just makes me a little nervous.  Can I hear from you regarding your experience? Opinions on Home Life Protection Policies? In case of an unexpected spouse death, the mortgage will be paid off by this kind of insurance. - Mirnalyis  I started a new 1099 job in December and love it! Which is better financially? Contributing to Roth IRA I already have set up. or starting a new SEP IRA? Thanks for any help!  - Pam  Access all the links and resources from the Biblical Wealth Podcast.Schedule a 15-minute Q&A CallSign up for a free Biblical Wealth Coaching call. Get my free video course, First Step to Financial Freedom.  In it I'm going to show you a simple, profound strategy that can make a massive difference in your financial future.Submit your questions to www.biblicalwealthsolutions.com/askjared 
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