Find financial freedom

"A woman came to me that had an adult disabled son. She was recently divorced and struggling financially and to find affordable housing. I put her on a path to repair her credit and save money. She did, and I sold her a duplex, which she owner occupied one side. The total payment came to $1,800 a month and the tenant side paid $1200 (an amount she used to pay in rent). This allowed her the ability to afford a life insurance policy for $400 a month that covered the mortgage should she pass away before her son. This would allow the son to live in one side with an aide and have the other side pay for him to live. The rental income was able to pay for the policy and provided $20,000 in tax write off against her W2 income. The whole combination allowed her to live with less stress, control her costs and feel safe enough to quit a job she disliked for one that paid 25% more and that she loves. If she out lives her son, she will be able to have an annuity from the life insurance as retirement and still have a tax-free death benefit to pass on to her beneficiary. The policy is front loaded for cash value so in 3-5 years she will have enough money to pull out and use as a down payment for another property. Once she has 8 units she can afford to retire. She thought she was going to have to work until she died. In the meantime; should she have a financial emergency, she has the cash value to pull from to pay for it. She doesn’t have to pay it back until she can afford to. If she never does, it just comes out of the death benefit in the end. This policy gives her choice and freedom with the flexibility to use her money the way that she wants or needs. Mutual Participating whole Life Insurance coupled with Multi-family real estate gives people freedom and an affordable way to live. With one entity feeding the other and vice-versa."

-Anne