S3E4: A Raw Conversation Around Tax Planning, Real Estate, and Infinite Banking with Clay Hagler

Unlimit Wealth – 'Save Yourself' Podcast with Mike Schwallie and Clay Hagler

In this episode of 'Save Yourself', Mike Schwallie and Clay Hagler of Unlimit Wealth speak about being strategic with finances for achieving financial freedom. Hagler, a certified public accountant, shares his professional journey, beginning with working for Deloitte and starting his own practice in 2005. They also discuss the importance of tax planning for small businesses and real estate investors while highlighting common mistakes. Hagler underscores the need for businesses to maintain detailed financial records. The topic of infinite banking is also introduced and explored further, emphasizing its advantages. They end with discussing the importance of whole life insurance policies and its provision for life's unforeseen setbacks. Hagler concludes with a reflection on success, associating it to the practice of servant leadership rather than monetary gain.

00:00 Introduction to the Podcast
00:25 Meet the Guests: Mike Schwallie and Clay Hagler
00:36 Clay Hagler's Journey to Accounting
01:34 The Importance of Client Service in Accounting
02:12 Common Mistakes Small Businesses Make
03:41 Opportunities for Real Estate Investors
06:28 Understanding Infinite Banking
08:31 The Role of Whole Life Insurance in Financial Planning
14:25 The Importance of Accurate Financial Statements
15:43 Current Trends in Mergers and Acquisitions
18:29 Advice for Young Business Owners
28:38 Defining Success: A Personal Perspective
29:52 Conclusion and Contact Information