What if your old life insurance policy could fund your retirement dreams instead of just getting surrendered? 

In this engaging episode of The Dream Architect Life Podcast, Bryan Sweet from Sweet Financial Partners chats with Jon B. Mendelsohn, CEO of Ashar Group. They delve into life settlements, a lesser-known but potentially lucrative option for those holding a life insurance policy with seemingly no need for it.

Jon shares his journey from teaching to entrepreneurship and explains how life insurance can be appraised and sold, much like real estate, to potentially provide financial flexibility for retirement, charitable planning, or even supporting loved ones. They discuss the importance of being informed about options before canceling a policy, as well as the emotional and financial impact this decision can have on families.

Jon B and Bryan cover:

• The basics of life settlements and their untapped potential [03:47]
• Real-life examples of life settlements transforming financial outcomes [13:34]
• Tax implications and process timelines for life settlements [06:27]
• How longevity and current health can influence policy valuation [27:25]

Resources: 

• Rich Dad Poor Dad Book by Robert T. Kiyosaki

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