Home Equity Conversion Mortgage with Don Graves – Episode 91

Home Equity Conversion Mortgage with Don Graves – Episode 91

Ken talks with Don Graves, who is a RICP®, CLTC®, CSA® Certified Senior Advisor, President and founder of the Housing Wealth Institute, author, and Instructor of Retirement Income at The American College of Financial Services. He is considered one of the nation’s leading educators on incorporating housing wealth into retirement income planning. Today, they share insights about home equity conversion and reverse mortgage. Enjoy!


Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and earn better yields with less risk by investing Off Wall Street.


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  • If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here


Show Notes

  • What are reverse mortgages? – 2:30
  • Reverse mortgage and retirement – 4:54
  • The history of reverse mortgages – 5:28
  • Preparing for retirement – 6:31
  • Taking money from a reverse mortgage – 7:58
  • Requirements for a reverse mortgage – 9:00
  • Losing a home for a reverse mortgage – 9:30
  • Consequences of not paying your home taxes – 10:01
  • Reverse mortgages are not a product – 12:11
  • Making your retirement better – 13:57
  • Money flow – 15:14
  • Reverse mortgage as a powerful tool  – 15:55
  • The ideal candidate for a reverse mortgage – 20:52
  • Most Americans’ biggest asset – 27:11
  • Understanding more about home equity – 29:00
  • Get in touch with Don Graves – 29:36


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It’s Tax Season! – Episode 90

It’s Tax Season! – Episode 90

It’s tax season, so in today’s episode, Ken will dive into the tax world. He talks about the tax structure and what to do when you have high rates of tax revenue. Stay tuned and listen to Ken’s insights!


Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.


Links and Resources from this Episode

Book a meeting with Ken

  • If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here


Show Notes

  • It is officially tax season – 1:40
  • Paying income taxes -1:53
  • What if we create a tax structure? – 1:58
  • Creating an incentive for the economy in the US – 2:10
  • How can you lower your taxes for 2019? – 2:19
  • How can we create more income for ourselves and pay fewer taxes? – 3:22
  • Qualified plans – 3:52
  • What are tax-deferred vehicles? – 4:05
  • Reducing your taxes today – 5:50
  • To save in taxes, put your money in qualified plans – 7:06
  • Some vehicles to reduce your taxes – 8:14
  • A very clever strategy to think about – 10:33
  • Some other strategies outside of qualified plans – 11:24
  • Real estate as a powerful tool – 12:03
  • Thinking on your company structure – 13:14
  • Your company and paying taxes – 15:34
  • Another awesome strategy to reduce your taxes – 16:24
  • A strategy that is going to grow income-tax-free – 16:55
  • More on vehicles to reduce your taxes – 20:36
  • Take advantage of having an awesome income year – 21:21

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Ken’s Go-To Qualified Plans – Episode 89

Ken’s Go-To Qualified Plans – Episode 89

In today’s episode, Ken Greene revisits some previous concepts to help you understand 529 plans and other strategies for saving for college, retirement, and qualified plans in general that can be useful no matter what stage you are in your life! Stay tuned, and listen to Ken’s insights!


Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and earn better yields with less risk by investing Off Wall Street.


Links and Resources from this Episode

Book a meeting with Ken

  • If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here


Show Notes

  • Ken’s ideal client  – 2:10
  • Being in the accumulation phase – 2:55
  • Being more dependent – 3:20
  • Required Minimum Distribution (RMD) – 7:00 
  • What is a 529 plan? – 9:14
  • Advantages of 529 plans – 11:44
  • Prepaid tuitions – 13:22
  • The way you really create wealth – 16:47
  • Tax liabilities and real estate – 18:40
  • The value of a 529 plan – 19:12
  • Focus on doing one thing! – 21:41
  • What is the “baby Bankosaurus®” – 24:00
  • If you want to know more about the baby Bankosaurus®, contact Ken – 26:40


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What Makes More Sense For An Investment?

What Makes More Sense For An Investment?

What makes more sense for an investment? Options A, B, or C?

Option A

Tie up your money for two years and make 1.526% in interest.

or 

Option B

Tie up your money for ten years and make 1.476% in interest.

More investors are buying 10-yr US Treasury Notes than 2-yr US Treasury notes. At first glance, it doesn’t make sense. However, when you reflect on basic economics and think about supply and demand, you realize that investors must be buying more 10-yr US Treasury Notes than 2-yr notes which increases the purchase price and the inverse relationship causes the interest rates to go down. Basically, more investors are thinking that the 1.476% is going to be a better yield than what will be available two years from now. This is known as a treasury yield curve inversion. It’s a concern because it typically has been a reliable indicator of an upcoming recession.

I have no idea what the stock market’s going to do. However, if you’re near retirement (< 10 years) and the stock market has been on a great run for the last 10 years – maybe it’s time to move and protect YOUR money. 

Personally, I prefer …

Option C

Moving a substantial portion of my earned and passive income through the Bankosaurus® and away from the stock market to protect my money and then grow it by leveraging some of the money into a 1-yr to 3-yr commitment (energy & real estate notes, syndicated real estate, …) that cash flows every month and pays 7% or greater in annual yield.

If you like to learn more about Option C, please don’t hesitate to call me. I love what I do! Elevating others and helping people make the next step.

Article reference: https://www.cnbc.com/2019/08/27/us-treasurys-investors-monitor-trade-developments.html

 

Tammi Brannan’s Blueprint Process – Episode 88

Tammi Brannan’s Blueprint Process – Episode 88

Ken switches gears on this special episode to put his awesome co-host, Tammi Brannan, in the spotlight. They talk about how they first started working together, the principles of Tammi’s Blueprint Process, and how Ken has benefited from it in his business and his podcast itself!


Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and earn better yields with less risk by investing Off Wall Street.


Links and Resources from this Episode

Book a meeting with Ken

  • If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here


Show Notes

  • Overcoming his fears and getting better with the podcast – 1:38
  • How the podcast has helped Ken in his practice – 2:54
  • Hiring Tammi and the Blueprint Process – 8:27
  • Tammi takes the lead to explain the importance of purpose— the base of the Blueprint Process – 9:19
  • The ideal client for Tammi – 12:37
  • How Tammi first works with her clients – 15:20
  • Ken’s “laugh test” to find out if a client is a right fit – 17:50
  • Building long-term relationships – 18:29
  • Find your blueprint and build your business around it – 19:11
  • How to find your blueprints: the “battery” method – 27:04
  • How Ken made use of this tactic in his business – 30:35
  • The 3 phases of the Blueprint Process: research, application, and the BHAG (Big Hairy Audacious Goals) – 35:20
  • Tammi’s podcast – 38:00
  • How Tammi’s process allows you to turn your goals into action items – 43:05


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