Welcome to the Inspire Financial monthly newsletter!

Welcome friends.....to the Inspire Financial monthly newsletter! I'm Peter Thomsen, and? I help millennials navigate their financial future!? Sounds like this is something for you? Then keep reading! This newsletter will give you insights into the latest tips and trends for handling your finances - it's like having a friend in your corner!

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As a college professor & financial expert, I see these as the biggest issues facing my students?& clients:

• Student Debt:?High loan balances mean we need flexible financial plans.
• Gig Economy:?Non-traditional careers call for adaptable investment options.
• Home Ownership:?Sky-high real estate prices demand creative saving strategies.

So.....Why Look Beyond 401Ks and the Stock Market?

I get asked these questions all the time:

• Where should I put my money?
• Should I invest in a 401K?
• What about the stock market?

While these are the go-to options everyone talks about, they might not be the best fit for everyone, especially if you’re a millennial. Let’s break it down.

1. The Limits of 401Ks?

401Ks have their perks, but they come with some strings attached: You can only contribute so much....there are early withdrawal?penalties....and the taxation is out of control!?

2. The Rollercoaster of the Stock Market?

Playing the stock market can be exciting, but it’s not all smooth sailing: The volatility?is enough to stress out already stressed-out young parents and millenials. After all, there are no guarantees in the stock market!?

3. So.....let's look at Indexed Universal Life (IUL) Policies

One awesome alternative I recommend is Indexed Universal Life (IUL) policies. Here’s why my clients love them: tax free growth, flexibility, stable returns (how does a 7-8% return on your investments?sound??!!), plus the versatility?of how you can use it!?

Here is why IULs Are Perfect for Millennials

**Tax-Free Growth: Grow your money without Uncle Sam taking a cut.?

**Flexibility:? More control over contributions and withdrawals compared to a 401K.?

**Stable Returns: Expect a more predictable 7-8% return on your investments.?

?**Versatility:? Use IULs to buy a home, pay off debt, save for your kids’ college, and more.

Your Next Steps

If you haven’t checked out IULs yet, it’s time to get on it. Here’s how:

• Free Consultation: Hit me up for a free consultation to see how IULs can fit into your financial game plan.
• Educational Resources: Check out the “Feature Section” of my profile to grab a quick, free video that breaks down IULs.

Let’s Chat

I’m here to help you take the guesswork out of where to put your money and to help set you up with a growth strategy that’s all about creating generational wealth. Got questions or want to set up a chat? Reach out anytime.

Until next month -?

Peter Thomsen

The Millennial Money Mentor?

College Professor & Financial Expert