RICH VS POOR: 401(k) vs Life Insurance - Which One?
Channel: 7 Figure Squad
Date: 2023-03-20

In this video, Matt Sapaula and Jesse Moon talk about how the pros and cons of a 401(k) vs life insurance.

Check out the full video here: https://www.youtube.com/watch?v=omfomt-kcu8&t=8s

Matt Sapaula, is a former United States Marine turned veteran entrepreneur.

Matt helps those in transition of a new career and occupation to become an entrepreneur while acquiring the confidence, mindset and skills to win the money game. 

Share in his journey to gain financial control over daily money matters and live your desired lifestyle.  

Find Matt Sapaula here too:  
http://www.moneysmartguy.com 
https://www.linkedin.com/in/mattsapaula/
http://www.instagram.com/moneysmartguy
http://www.twitter.com/moneysmartguy
http://www.facebook.com/MoneySmartGuyMattSapaula

Timestamps:
00:00:00 Intro
00:00:18 Where the Rich Are Putting Money
00:01:31 Is Life Insurance Too Expensive?
00:02:55 Tax Strategy the Rich Use
00:03:40 Security of Insurance Companies
00:05:50 Security of Banks vs. Insurance Companies
00:06:24 Bank-Owned Life Insurance
00:08:35 Runs on the Life Insurance Companies

MATT SAPAULA YOUTUBE CHANNEL DISCLAIMER: Matt Sapaula is not a registered investment advisor for the offering or sale of securities nor to provide investment advice. Matt only deals in securities subject to an exemption from registration and will only provide investment services to accredited investors as defined by the Illinois Securities Act of 1953.