Greg Luken
speaker
184 appearances
1 recordings
1 series
first heard May 2025
last heard May 2025
Greg Luken’s voice in public audio — every appearance, attributed to the second.
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Appearances
You got aging parents, you got kids, you're trying to help them adult, you've got a career to manage, and you're trying to have a life somewhere in there.
So there are all these things going on.
And then
And I didn't grow up knowing about, we didn't talk about private equity or 1035 exchanges or 1031 tax-free exchanges or Section 2502.
Nobody knew anything about the tax code because it didn't really affect us.
And so it's really fun to me because it's a really tangible way to help people who have moved literally from one world into another.
One of the distinctions we make is there's a difference between wealth and riches.
Riches, there's when the paycheck comes in and you've got money to spend on whatever it is and everybody can see that you have money to spend.
Wealth is when you store it.
And so wealth is not really a factor of someone's income.
I've known people, we had a client who at the height of his career,
made $36,000 of income.
And he retired before age 50 and was continuing to save money because he was so frugal and he lived on a fraction of what he made.
So one of those factors is that they are continually...
living significantly below their means.
Another factor is that they're able to do that because they've identified what we call the three superpowers.
And so they are able to use those three superpowers to overcome the things that get in their way, overcome the hurdles, and stay on track because they have a clear sense of where they're going.
Yes.
Is it all right if I talk about the three superpowers?
Because I think that really ties into answering this question.
Showing 41–60 of 184 · page 3 of 10
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