Controlling Your Money Self Directing Retirement Accounts - With Carson Herlean

In this episode of the Wealth Planning Podcast, Anthony Brister sits down with Carson Herlean from the Generational Gains Podcast to uncover the strategies behind taking control of your money, building generational wealth, and unlocking financial freedom.

 

Learn how to use self-directed IRAs, real estate investments, infinite banking, and private lending to grow your wealth outside of traditional Wall Street methods. Whether you're in your 20s or planning for retirement, this episode offers practical advice and inspiring stories to help you become the CEO of your financial life.

 

Book a discovery call today: https://calendly.com/admin-jhf8/15min?month=2024-11

 

📌 Timestamps for Key Topics:

[0:05] Meet Carson : From learning about money in high school to teaching others how to take control of their finances.

[2:30] What are self-directed IRAs? Carson explains the power of unlocking and managing your retirement accounts.

[6:30] Jack Bogle’s shocking critique of Wall Street: Why he called the system "robbery and tyranny."

[9:15] Why most Americans aren’t ready for retirement: Common financial mistakes and how to avoid them.

[12:00] Creative investments with self-directed IRAs: From real estate to flipping forklifts and even worm farming!

[16:10] The power of Roth IRAs in business ownership: How Peter Thiel used his IRA to build a tax-free fortune.

[20:00] Private lending explained: How to lend safely with due diligence, collateral, and first-lien positions.

[24:30] Building generational wealth: Carson’s advice for creating a financial legacy through relationships and education.

[26:30] Simple but powerful financial advice for your 20s: The boring but effective strategies to save and invest.

[28:00] What does legacy mean? Carson reflects on teaching skills, building connections, and leaving more than just money.

 

💡 Key Takeaways:

Self-directed IRAs let you take control of your retirement funds and invest in assets like real estate, private businesses, and alternative projects.

Infinite banking through whole life insurance policies offers a powerful, efficient way to grow and protect your wealth.

Financial freedom starts with saving and choosing efficient, high-return strategies for your money.

Building generational wealth isn’t just about money—it’s about leaving behind skills, relationships, and opportunities for future generations.

If you’re tired of the Wall Street status quo and want to learn how to take control of your finances, this episode is for you.

 

Connect with Carson:

🌐 Horizon Trust (Self-Directed IRA Custodian): www.horizontrust.com

📱 Follow Carson: Search "Carson Herlean" on all major social media platforms.

 

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