Joshua Sherrard, President and CEO of Strategic Navigators, Interviewed on the Influential Entrepreneurs Podcast Discussing Tax Mitigation Using Life Insurance as the “Rich Man Roth”

Published on June 1, 2022

Because the most significant portion of wealth for a business owner is tied up inside the business, Joshua Sherrard discusses his approach to helping his business clients create a savings plan that makes sense for a successful future.

In the interview, Joshua discusses his proprietary strategy he calls the Rich Man Roth. Because deferring taxes is not better than paying taxes now, he feels that placing money into a specialized account in the shell of a permanent life insurance policy provides spectacular benefits. This provides liquidity so that one can reaccess their funds while also providing no taxes on the gain. This guarantees no loss of principal and dramatic upside in cash value growth inside the policy.

Questions covered in the interview include: 

  • Can retirement savings be passed to kids without having to pay taxes?
  • How does retirement savings impact the ability to receive financial aid for college tuition?
  • Is there any way to be more tax-efficient with savings?

Strategic Navigators helps clients discover the best structures and strategies for their business type, business season, and goals. While maintaining proper legal and liability protections, they keep maximum tax efficiency as a common goal. The tax code is over 80,000 pages when including statutes, case law, and regulations. Within this code lie time-tested strategies and directions on how to grow your business. Their typical client has saved 40-60% more than they did with their previous tax planning.

Listen to the interview on the Business Innovators Radio Network

Sherrard says, “In a complex and volatile world, we offer premium Strategic Family Office Services designed to help you achieve your personal, family, and business goals. Our experienced team is dedicated to providing you with independent and specialized advice built on best-in-class, time-tested, and nationally recognized principles. As a Business Family Coaching boutique, we distinguish ourselves through a genuine entrepreneurial spirit and strong flexibility. We focus on our specific strengths to offer you excellent solutions. Contact us today for a complimentary analysis of your taxes and financial position – our average client saves 40-60% on income taxes – what could you do with that money?”

About  Joshua Sherrard

Josh started his first business at twelve years old with a natural inclination for being an entrepreneur. Since then he has been involved in start-ups, corporate America, and in international business development. He has over a decade of experience in the Non-Profit Sector managing multi-million dollar companies in addition to many years as a financial advisor and business efficiency expert. His background in the fields of Business, Finance, Executive Management, Real Estate, Operations and Sales brings a unique depth to his Business Family Coaching.

Born and raised in Hawaii with experience around the globe, Josh enjoys working with clients from varied backgrounds. He attended The University of Hawaii, Simpson Bible College in Redding California and The Moody Bible Institute in Chicago. Josh and his wife Amy have three children, Joshua II, Julianne, and Gabriel. Josh is an ordained minister and enjoys working in missions, playing the guitar, traveling and spending time with his family.

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Previous News Stories:

Joshua Sherrard Discussing Guidance on Business Transition

Joshua Sherrard Discussing the Rich Man Roth

The figures provided herein are estimates and projections based on information provided by the potential Client and/or Client. Strategic Navigators Consulting, LLC (“SNC”) is not responsible for the Client’s financial position, business outcomes or legal structures. Because federal and state laws, statutes, rules, and regulations are subject to change at any time, specific results are not guaranteed. Client understands and agrees that any proposed benefits of SNC services require that the Client completely and consistently implement any and all recommendations of SNC services. Client further agrees that failure to completely and consistently implement any and all such recommendations is no fault of SNC. Client acknowledges, understands, and agrees that implementation of any recommendations by any third party that is not SNC shall not be the responsibility of SNC and Client agrees to undertake and accept any and all risks and consequences, financial or otherwise, of the implementation of the Consulting Services by anyone other than SNC.
**Savings is not net of cost and fees associated with planning.

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