Warren the Engineering Entrepreneur
Dr. William grew tax-free wealth, accessed funds freely, and secured his family's financial future with confidence.
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Overview
Background
Warren, a 42-year-old engineering entrepreneur, had built a successful business with $3 million in retained earnings. His biggest concern was how to minimize taxes on his corporate savings while keeping his funds liquid for investments. He faced the challenge of avoiding high passive income tax rates, ensuring his business’s financial agility, and securing his family’s wealth for the future. Without a proper plan, much of his hard-earned money could be lost to taxation.
Goals
- Grow corporate savings without triggering high tax rates.
- Access liquidity for investments without tax penalties.
- Protect wealth and create a tax-efficient legacy.
Challenge
Taxation
As Warren’s business grew, so did his tax liabilities. Holding cash in his corporation meant facing high passive income tax rates, while traditional investment strategies limited his liquidity. If he withdrew funds personally, he’d face heavy taxation, and leaving money in his business risked losing half to estate taxes. He needed a flexible strategy that allowed him to grow, access, and transfer wealth efficiently without sacrificing financial security.
Solution
Wealth Multiplier
Dr. William implemented the Wealth Multiplier Warren implemented the Wealth Multiplier Account™, a customized whole life insurance strategy that enabled him to:
- Grow his corporate savings tax-free while avoiding passive income tax rules.
- Access liquidity by borrowing against his policy without selling assets.
- Reduce tax liabilities while ensuring his wealth is passed down efficiently.
- Maintain business flexibility, using funds for investments when needed.
This approach transformed his financial future.
Results
Post-Implementation
With the Wealth Multiplier Account™, Warren:
- Grew his wealth tax-free, avoiding high corporate taxes.
- Kept funds liquid, ready for business investments or opportunities.
- Reduced tax exposure, preserving more of his earnings.
- Secured a tax-free inheritance for his family.
Now, Warren’s money works smarter, not harder, giving him control, flexibility, and peace of mind for the future.
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Client Testimonials
Clients who have worked with us using similar strategies.
“Useful book for solving the common challenges of modern estate planning.”
“Useful book for solving the common challenges of modern estate planning and how to get your money out of your company in a tax efficient way. Short and to the point, took me 45 minutes to finish. The key message is that life insurance is your best solution.”
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We worked with Safe Pacific Financial to help us find the right life Insurance policy for us, and we are very happy with the service they provided. We worked specifically with Jordan who was knowledgeable, thorough, and patient with our many questions. We would certainly work with Safe Pacific Financial again and would recommend them to friends and family.
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Jordan was amazing to work with! He was patient and understanding when it came to answering all my questions and concerns. I highly recommend Jordan for any financial needs!
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My wife Brooke and I had a great experience working with Safe Pacific and their team. Although some of the insurance industry and the investment products can be complex, Jordan was able to explain them in a simple and digestible manner which really helped us to understand the long term value. I would highly recommend the Safe Pacific team and we look forward to working with them more in the future.
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Had a great experience with Safe Pacific. As someone who doesn't understand the business of insurance, I was not stressed at all with the process and Jordan and his team made it smooth and explained the entire process. They were responsive in a timely manner and helped me get a great deal on my disability insurance. Would highly recommend!
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Jordan and Megan were very helpful in helping my partner and I secure term insurance and CI insurance. We talked with both of them about our current situation and context, and Jordan was able to walk us through the options and clearly laid out his recommendation. He answered all of our questions and followed up promptly as we moved along with the selection and registration process. Would highly recommend their services and support.
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