Book a free call with Somia Coaxum - https://api.leadconnectorhq.com/widget/bookings/sessionphone🔒 Discover essential retirement planning strategies in this eye-opening podcast episode with Somia Coaxum, a young insurance and retirement strategist. Learn how to protect your savings, reduce risks, and build predictable income using indexed annuities and life insurance. Billy Carson dives deep into her journey from college student to successful entrepreneur during COVID, sharing viral insights on financial independence.📘 Key topics covered:The power of realizing "nobody's coming to save you" for retirement planning successDifferences between term, whole, and indexed universal life insuranceHow to overfund policies for tax-free growth and borrowingAnnuities for guaranteed income in retirementAdvice for young adults: Ditch social media distractions to focus on financial goals🚀 Whether you're a high earner or pre-retiree, this episode empowers you with retirement planning tools to create lasting wealth. Subscribe for more financial advice, like if this helped, and comment your biggest takeaway below! #RetirementPlanning #LifeInsurance #FinancialFreedomTime Stamps00:00 - Intro to Somia Coaxum and Her Expertise in Retirement Planning00:46 - Early Entrepreneurship and Grinding for Success01:34 - How COVID Led to a Passion in Insurance and Financial Advice05:07 - Epiphany: Nobody's Coming to Save You – Key to Retirement Planning06:44 - Transitioning to Business Ownership Mindset10:22 - Duplicating Success Through Research and Application11:11 - Niche in Retirement Planning with Annuities14:16 - Life Insurance Types: Term vs Whole vs Indexed Explained19:46 - Borrowing from Life Insurance Policies21:19 - Overfunding Policies for Tax Advantages23:14 - Wealthy Secrets: Using Policies Like Coach Harbaugh27:55 - Income Annuities for Retirement Gaps35:39 - Breaking Taboos on Life Insurance in Families41:25 - Advice to Young Generation: Get Off Social Media43:09 - Where to Find Somia for More Retirement Planning Tips30 Day Free Trial Of 4biddenknowledge.TV 30 Day Free Trial On 4biddenknowledge.TVSupport the show