Wealth Matters By Alpesh Parmar
Business:Investing
149: Quit Deferring your Life with John Rickgarn
Late 2014, He had an "aha" moment. Questioning why he had been savings so much into retirement accounts when there was no guarantee that he would be around at age 65. After all, both his parents died of cancer in their 50's and had also "saved, saved, saved" but never got to enjoy it. Why was he deferring his life? With that, he set out to find another way. After a year and a half of education through countless books, podcasts, and seminars he bought his first investment, a fourplex property by pulling money OUT of his Roth IRA. In 2019, he quit his high-paying sales job to focus more on real estate and investing. In 2020, he launched the Wealth and Freedom Nexus site to share his story with others and promote financial literacy and financial freedom.
(00:02 - 1:55) Opening Segment
- Introduction of the host into the show
- Alpesh introduces the guest of the show, John
- John shares something interesting about himself
(1:55 - 25:00 ) Quit Deferring your Life
- What was your first real estate investment and how did it work out?
- Talks about Roth IRA for retirement
- Talks about John's retirement, when did you put that plan in place
- What kind of stepping stones
- At what point were you able then to retire
- What do you mean by quit deferring your life
- Talk's about non-accredited investors
-What mistakes did you make?
-If you can re-do, what will you re-do?
(25:00 - 25:43) Break
- Welcoming listeners and guest back to the show
(25:43 - 32:00) Fire Round
- Will John change the business strategy after Coronavirus?
– John's favorite real estate, finance, or other related books
– Tools or website John recommends
– John's advice to beginner investors
– How does John give back?
– How can Wealth Matters Podcast listeners reach out to John?
(32:00 - 32:20) Closing Segment
If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link
Facebook: @wealthmatrs
IG: @wealthmatrs.ig
Tiktok: @wealthmatrs
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