Summary
In this episode, Ed Bao discusses the importance of the protection component in a financial plan. He emphasizes that protection is the first and most crucial step in building wealth. Ed explains that the protection component includes various types of insurance and he also mentions government protection programs like social security and Medicare. Ed highlights the need for a comprehensive evaluation of the protection component and the importance of understanding the relationship between different protection strategies. He encourages listeners to seek expert advice and utilize tools and resources to assess and improve their protection strategies.
Join us every week as Ed Bao helps you navigate the sometimes rocky waters of retirement. Healthcare, investments, taxes, estate planning and more!
Summary
In this episode, Ed Bao discusses the importance of the protection component in a financial plan. He emphasizes that protection is the first and most crucial step in building wealth. Ed explains that the protection component includes various types of insurance and he also mentions government protection programs like social security and Medicare. Ed highlights the need for a comprehensive evaluation of the protection component and the importance of understanding the relationship between different protection strategies. He encourages listeners to seek expert advice and utilize tools and resources to assess and improve their protection strategies.
Join us every week as Ed Bao helps you navigate the sometimes rocky waters of retirement. Healthcare, investments, taxes, estate planning and more!