Die With Zero: How to Get the Highest Return on Life

Kuvaus

Most high achievers spend their lives accumulating—growing their bank accounts, growing their investment portfolio, growing their legacy. But what if you’re saving for a life you’ll never live? All those millions of dollars represent decades of discipline, every penny put in its place so your family can live a fuller life than you experienced. And while it’s a noble pursuit to strive to put your children, grandchildren, and great-grandchildren in a better place, what about the time you’re trading with them to accumulate more? When I first read the book Die With Zero [https://www.amazon.com/Die-Zero-Getting-Your-Money/dp/0358567092], I realized that I, too, might be sacrificing too much for the sake of my legacy. I want my wealth to compound and grow, to provide my family with the life they deserve, but not at the cost of never seeing me. On my deathbed, will I be thinking about how much money I made or how much time I spent with the ones I cherish? Today, we’re unpacking the Die With Zero philosophy, the framework to get you the highest return on life, the largest “experience dividends,” and the most quality time with your loved ones. Your years aren’t created equal—how long do you have until the experiences you tirelessly planned to fulfill are out of reach? What would it be like to die with zero regrets? Sage Wisdom from Today’s Episode: * Die With Zero: a simple framework that allows you to optimize for experience, not just money * Why many high-achievers invest too much in the future and not enough in the present * The single biggest regret most people have on their deathbeds (will you be the same?) * The risk of not spending enough money on your experiences * How I successfully plan my year to have dozens of “adventures” and meaningful time with my family * The “trap” that competitive entrepreneurs commonly fall into (the one that costs you the most—and it's not financial) — Die With Zero: Getting All You Can from Your Money and Your Life [https://www.amazon.com/Die-Zero-Getting-Your-Money/dp/0358567092] Recommended Resources: * Learn more from Brian [https://brianspear.com/] and listen to past episodes of The Sage Investor * Connect with Brian [https://www.linkedin.com/in/brian--spear] on LinkedIn Are you a high net worth investor with capital to deploy in the next 12 months?Build passive income and wealth [https://sunrisecapitalinvestors.com/register-for-the-deal-room/] by investing in real estate projects alongside Brian and his team! 0:00 Intro 1:44 Die With Zero (Regret) 4:08 Die With Money or Memories? 9:58 Time Means More Than Money 14:04 Optimizing for Life vs. Money 15:28 What's Your Return on Life? 17:43 Plan Your Year's Experiences NOW 24:15 Stop "Overfunding" Your Future

How the Ultra-Wealthy Use SDIRAs to Build $10M+ (Tax-Free) Retirements | Ep. 29

There’s $50 trillion sitting in retirement accounts—almost all of it tied up in stocks, index funds, mutual funds, and bonds. Their returns? Around 4% - 10%. The ultra-wealthy’s returns on retirement accounts? Often double that. How? Self-directed IRAs (SDIRA). Instead of trapping themselves in traditional retirement accounts, family offices and high-net-worth individuals tap into this account, unlocking access to alternative assets with higher return potential. With an SDIRA, you can invest in real estate funds, rental properties, mineral rights, private money loans, and even professional sports teams, all while propelling your compounding and letting your wealth grow with purpose. Mat Sorensen, CEO and Founder of Directed IRA [https://directedira.com/], knows the ins and outs of SDIRAs like no other—how to invest 10x more in your IRA, how to avoid UDFI and UBIT taxes when investing in real estate and alternative assets, and the “discounted” Roth conversion strategy that saves investors thousands, if not tens of thousands. These expert-level tactics are what the ultra-wealthy use to supercharge their compounding and growth in their retirement accounts. Now we’re sharing the knowledge with you so that you can do the same. Sage Wisdom from Today’s Episode: * The SDIRA advantages that allow you better returns with no (or less) taxes on profits * Why you may be cutting your returns in half without even knowing it * Everything you can use an SDIRA to invest in—from real estate to soccer teams * How to (legally) outmaneuver the UDFI and UBIT taxes so many investors are scared to touch * The “mega backdoor” strategy Mat uses to 10X his IRA contributions * Cut your Roth conversion burden significantly using this strategy most investors have never heard about — Connect with Mat on LinkedIn [https://www.linkedin.com/in/matsorensen] Mat’s YouTube Channel [https://www.youtube.com/@MatSorensen/] The Self Directed IRA Handbook [https://www.amazon.com/Self-Directed-IRA-Handbook-Authoritative/dp/061587343X] Recommended Resources: * Are you a high net worth investor with capital to deploy in the next 12 months? Build passive income and wealth [https://sunrisecapitalinvestors.com/register-for-the-deal-room/?utm_source=podcast&utm_medium=shownotes&utm_campaign=sage&utm_content=ep29] by investing in real estate projects alongside Brian and his team! * Learn more from Brian [https://brianspear.com/] and listen to past episodes of The Sage Investor * Connect with Brian [https://www.linkedin.com/in/brian--spear] on LinkedIn 00:00 Intro 01:10 You're Missing THE Best Investments 03:57 Stop Cutting Your Returns in Half 07:00 When to Invest with an SDIRA 10:48 2 Sneaky Taxes (UDFI and UBIT) 16:20 How to (Legally) Avoid UDFI 19:58 10X Your Contributions 24:36 30% Less on Roth Conversions? 29:37 Become Your Own Family Office 33:33 Mat's Sage Principle 35:09 Work with Mat! Disclaimer: This podcast is for educational purposes only and does not constitute financial, tax, or legal advice. Consult with a qualified professional before making any investment decisions.

7. heinä 202638 min

Die With Zero: How to Get the Highest Return on Life | Ep. 18

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