If you plan on living a long life (and who doesn't want that?), you'll need to create over thirty years' worth of cash flow. Studies show that the average person wants to retire at the "normal" age of mid-60s but also plans to live to reach the century mark. If that's you, you're in luck because today we're joined by the CFO of one of the country's greatest comedy clubs and a guy who's a professional comedian himself, Bob Wheeler. Bob joins the guys for the entire show to talk about longevity and planning and maybe share a few laughs.
We also spend some time talking about two controversial approaches to paying down debt and banking: Velocity banking and Infinite banking. We describe both concepts and share the good, bad, and unfortunately, the ugly.
That's not all. Doug is partying hard because it's the anniversary of the date the shoelace was patented! There's nothing like a basement-based party with a top comedian, your money jokes, and discussions of annuities, longevity, and getting started.
FULL SHOW NOTES: https://www.stackingbenjamins.com/make-your-money-last-30-years-bob-wheeler-1495
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
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