Ep #353: Jim Rachor – Family, Legacy, and Freedom – How to Get There Sooner, Not “Someday”

For those who are looking for a different path to their freedom and retirement goals, this episode will be extremely insightful and helpful. Today I’m joined by Jim Rachor, a Freedom Founders member who decided to take things into his own hands rather than abdicate that to other platforms and institutions. You will hear about his incredible journey to finding a new way to tackle his goals and gain true financial freedom.

Listen in as Jim discusses the life-altering financial theory that changed everything for him, as well as how he implemented it and the tangible results he achieved. We also discuss the difference between alternative investing vs. stock market investing and Jim’s new ability to focus more on family, legacy, serving more, and spending his time in a more impactful way.

Minute Markers:

2:51 – Jim’s family legacy in finance and what made him want to do something different.
5:31 – The importance of living a legacy vs. leaving a legacy.
8:00 – What happens when the freedom mindset (and time) opens up.
11:10 – What leads to freedom of mind and less stress.
16:18 – Why Jim switched from stock market to cash flow models.
22:49 – How alternative investments can sustain cash flow even in the face of a looming correction.
27:51 – The figure your wealth advisors don’t know or don’t want to tell you.

Featured on the Show:

Jim Rachor: Website
David Phelps: Website
From High Income to High Net Worth by David Phelps
Transforming Futures
Smile Mentorship Institute
What’s Your Next? by David Phelps

Want to join David for the 30-Day Blueprint Course?

Go to: www.FreedomFounders.com/BlueprintCourse to learn more about how you can discover the Blueprint that has helped hundreds of practitioners create more Freedom for themselves and their families.

Watch full length Interviews on video!

Watch full length interviews on David’s YouTube channel by going to www.DentistFreedomBlueprint.com/YouTube. Don’t forget to subscribe to David’s YouTube Channel for more content on maximizing your business, wealth, and creating a financial blueprint to reach your Freedom faster!

P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :

1. Schedule a Call with Me:

If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least $1M in available capital, then click the link to schedule a quick call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to schedule a call with me directly. www.freedomfounders.com/schedule

2. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.

3. Ready to Step Away?

“How Much is Enough?” This simple question keeps hard-working professionals at the hamster wheel of active income far longer than they need to be. Watch this free training, and discover a proven model for determining how much you really need before hanging up the handpiece! www.freedomfounders.com/training

4. Apply To Visit The Mastermind:

If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (3-5 years or less), visit www.freedomfounders.com/step-1 to apply for a guest seat.