Host Michelle Perkins and guest Rob Haynie discuss the life settlement industry, whereindividuals can sell their life insurance policies for cash. Haynie, with 31 years of experience inthe industry, highlighted the benefits and opportunities in this market, emphasizing theimportance of understanding the value of life insurance policies and exploring options forfinancial planning. The conversation covered various aspects of life settlements, including thepotential for selling term policies, the risks involved, and the need for proper education andplanning. He also mentioned efforts to create a senior health planning account to helpindividuals fund long-term care expenses. The discussion provided valuable insights into alesser-known financial opportunity and underscored the significance of financial literacy andproactive financial decision-making. The episode aimed to empower listeners to enhance theirfinancial knowledge and make informed choices for their financial well-being.00:05 - Transform your financial life05:56 - Expanding life settlement marketplace13:45 - Understanding life expectancy investments27:41 - Unveiling life insurance secrets36:53 - Navigating insurance policy options42:04 - Future of senior health planning49:07 - Empowering financial knowledgeLoving Request: Please share this podcast with others who can benefit from gaining financialfreedom strategies through passive investing. This might just change their life.For much more on ALL things money mindset, money management, how to earn a great livingand take control of your finances… Subscribe to my weekly podcast, Money and You:https://podcasts.apple.com/us/podcast/money-you-with-michelle-perkins/id1365907575?ign-itscg=30200&ign-itsct=podcast_boxAnd don’t forget to join the Limit Free Life email community for valuable, usable content and tolearn about upcoming events: Let’s Connect… https://limitfreelife.com/newsletter/I’m excited to offer you a proven way to develop a next level relationship with money that willempower your mindset and financial mastery by “dating your money.” Until you understand howYOU relate to money and what you believe about money, nothing will change. Once you beginto get to know yourself with money, learn the fundamentals of money management, and operatein a new way with money, everything will open up.Join my signature “Your MoneyDate™” program and I’ll help you make the shift.https://limitfreelifeworkshops.com/money-date/The next one begins soon!For more information on Limit Free Life & Michelle Perkins: https://limitfreelife.com LinkedIn:https://www.linkedin.com/in/limitfreelife/ Instagram: https://www.instagram.com/livealimitfreelife