The Money Mindset Mentoring Podcast
Steve Hamoen covers sales and marketing mastery to overcoming challenges, scaling through team development, and harnessing the power of mentorship for rapid growth.
#24 - Financial planning insights with Cory Nunes: from tax strategies to teaching kids responsibility
In this episode, Steve Hamoen chats with Cory Nunes about his journey into financial planning and the role of a financial architect. They discuss predicting tax scenarios, adapting plans to individual goals, leveraging mortgages, and the importance of financial flexibility. They also talk about teaching kids about financial responsibility and the joy of giving.
Key Points
- Corey Nunes emphasizes the importance of integrating various financial components such as insurance, mortgages, estate planning, and taxes to create a cohesive strategy that can uncover extra funds for retirement.
- He advocates for tax-free income planning, advising against solely relying on deferred tax strategies that might result in higher taxes upon retirement due to potential increases in tax rates.
- Nunes discusses leveraging financial tools like index universal life insurance and arbitrage strategies to become one's own bank, allowing for growth in investments and providing the flexibility to borrow against one's assets.
Chapters
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| 1:37 | |
| 4:57 | |
| 8:25 | |
| 13:11 | |
| 15:28 | |
| 17:04 | |
| 20:41 | |
| 24:52 | |
| 26:58 | |
| 28:04 |
Transcript
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