Episode 67:
Wealth-building strategies? Sean Adams is an expert who can help you turn income from your Functional Medicine practice into real, generational wealth. Get insights about:
- How Sean built up his business owner skills, and how he realized the importance of creating sustainable, long-term wealth-building strategies
- How the financial advisors Sean worked with were all teaching the same basic wealth building strategies, and how he looked instead to what the ultra-rich are doing
- Why Sean developed financial strategies utilizing life insurance policies that allowed him to remove banks from the equation and take control of his own wealth
- Why using life insurance as a savings asset offers many tax benefits and allows you to grow your wealth regardless of what the broader economy is doing
- How Sean’s methods reduce your exposure to the market’s whims and provides many layers of protection from risk
- What methods exist to utilize the money in your life insurance policies, and why your interest continues to grow even when you’re using it elsewhere
- How the costs of whole life insurance policies are “front loaded” to the first few years of owning the policy, and why this makes them ideal for long-term growth
- Sean discusses the important differences between term life insurance and whole life insurance that you need to be aware of
- How the whole life insurance wealth-building strategy works similarly to a Health Savings Account, and what tax benefits you’ll receive
Wealth-Building Strategies for FM Practitioners
Sean Adams is an expert at helping high-earning professionals grow their wealth. Through his work as the President of Leveraged Life Management, Sean has helped countless doctors and other professionals develop wealth-building strategies that utilize whole life insurance policies as a powerful financial vehicle.
In his own career journey, Sean realized that most financial advisors were repeating the same stale advice about wealth management over and over, so Sean decided to take matters into his own hands. He looked to the ultra-rich to see what they were doing to preserve, protect and grow their wealth, and he recognized the incredible potential of using whole life insurance policies as a savings vehicle.
Today, Sean teaches others those same powerful wealth-building strategies he mastered for himself. In this episode of the FM Shift, Sean gives an overview of what makes whole life insurance such an attractive and versatile vehicle for helping Functional Medicine practitioners grow their wealth and he highlights the many benefits this strategy offers, from tax advantages to guaranteed yields at little risk from the “market rollercoaster.”
Wealth-Building Strategies Using Whole Life Insurance
Did you know that you can borrow against whole life insurance, and that the funds continue to grow interest even while you’re putting them to work elsewhere? Did you know that your wealth will continue to build in your policy no matter what the economy is doing? Did you know that using a whole life insurance policy in this way offers significant tax advantages, guaranteed growth with far less risk than investing in the stock market, and can help protect you from claims against your assets?
As Sean explained during the episode, the big financial institutions use these types of policies to generate virtually effortless money for themselves, and they share little of their returns with their customers. The funds you have in your checking and savings accounts are probably being used by your bank in just this way. For Sean, realizing that he could “cut out the middleman” and “become the bank” was a revelation that completely transformed his relationship with his money… and he decided to dedicate himself to teaching others these same powerful financial strategies.
Working with the Right Professional
Sean says that most life insurance professionals won’t set up a whole life insurance policy correctly to truly take advantage of his wealth-building strategies, because most professionals are more concerned with their commission. That’s why it is critically important to work with a professional that understands your goals and can help you create a policy that will get you there.
Finding the right advisor who understands how to structure a whole life insurance policy as a wealth-building vehicle may take some extra work, but the benefits make it more than worthwhile. You can minimize your tax burden, shield your wealth from predatory lawsuits and legal judgments, borrow against it to create easy-to-access cash flow or to fund the further growth of your FM practice, and become virtually immune to the rollercoaster of the stock market.
To learn more about how whole life insurance can become the ideal wealth-building resource, visit www.leveraged-life.com or check out Sean’s Wealth Secrets podcast at https://anchor.fm/wealthsecretspodcast.
About Sean Adams, in his own words:
“I spent the first 12 years of my career owning multiple small businesses. During that time I felt the overwhelming stress of banks and the government having control over my income.
Like most business owners, cash flow was always a challenge.
The hard-earned money I did actually receive always seemed to be held captive in savings & retirement accounts that were illiquid and offered next to no growth. Fast forward a few years to me selling my businesses and becoming a full time sales professional. I found myself making great commissions each month but again fell back into the same trap of having no idea where to safely stick my earnings.
I consumed hundreds of books, interviews and courses to learn as much as I could about wealth building & finance. What I found was that the ultra-rich had insider knowledge about how to protect and grow wealth and it was not being shared publicly. I made it my mission to distill down these wealth secrets and make sure everyone had access to them.
The most influential concept I discovered was the strategy of leveraging cash value life insurance as a savings asset. This approach gives you liquidity, hedges against market volatility and provides a safe, guaranteed return. My life insurance policies became a saving grace for me that changed my financial future. Because of this success, I became obsessed with spreading the message of this strategy.
We grew Leveraged Life Management from a strong desire to help professionals escape uncertainty and adopt a strategy that gives them the safety and protection they need.”
How to Connect with Sean Adams:
- Book a meeting with Sean’s team: https://keap.app/booking/leveragedlifemanagement/intro-discovery-call
- Website: www.leveraged-life.com
- Sean’s “Wealth Secrets” Podcast: https://anchor.fm/wealthsecretspodcast
- LinkedIn: www.linkedin.com/in/leveraged-life/
- LinkedIn: www.linkedin.com/company/leveraged-life-management/
About The FM Shift
What if functional medicine became as profitable, rewarding, and stress-free as you expected it to be? The business side of functional medicine doesn’t have to be a GRIND. We can help you discover functional medicine sales mastery and make maximum money without patient resistance.
The FM Shift shows you how to easily attract patients who want what you offer and are willing to pay you what you’re worth without waiting for your practice to magically mature.
