In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes explain how to use OPM (Other People’s Money) through their PSLIP (Properly Structured Life Insurance Plan) strategy to create tax-free income, legacy planning, and protection. The core concept involves clients contributing a set amount (typically $25,000–$50,000 per year for five years) while a bank or financing partner provides significant non-recourse leverage—often 3:1 to 10:1 depending on the beneficiary’s age—without requiring collateral.

Examples include a 55-year-old contributing $250k who receives $750k in matching funds and can later access roughly $60k/year tax-free income plus long-term care and legacy benefits, or grandparents funding young grandchildren (up to 10:1 leverage) to generate substantial future tax-free income or generational wealth. The hosts contrast this favorably with traditional 401(k) matching and Roth conversions, highlight its use by the wealthy, and note it can rescue poorly structured policies. They emphasize market risks amid high national debt and volatility, stress the importance of safe, tax-efficient strategies, and repeatedly invite listeners to call 800-297-5755 or visit mymoneyisafe.com for personalized consultations. The show mixes financial education with personal anecdotes and music.

In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes explain how to use OPM (Other People&rsquo;s Money) through their PSLIP (Properly Structured Life Insurance Plan) strategy to create tax-free income, legacy planning, and protection. The core concept involves clients contributing a set amount (typically $25,000&ndash;$50,000 per year for five years) while a bank or financing partner provides significant non-recourse leverage&mdash;often 3:1 to 10:1 depending on the beneficiary&rsquo;s age&mdash;without requiring collateral.
Examples include a 55-year-old contributing $250k who receives $750k in matching funds and can later access roughly $60k/year tax-free income plus long-term care and legacy benefits, or grandparents funding young grandchildren (up to 10:1 leverage) to generate substantial future tax-free income or generational wealth. The hosts contrast this favorably with traditional 401(k) matching and Roth conversions, highlight its use by the wealthy, and note it can rescue poorly structured policies. They emphasize market risks amid high national debt and volatility, stress the importance of safe, tax-efficient strategies, and repeatedly invite listeners to call 800-297-5755 or visit mymoneyisafe.com for personalized consultations. The show mixes financial education with personal anecdotes and music.

Greg Elie has been serving clients and retiree’s since 1990. He is licensed in life and health insurance in the states of South Carolina, North Carolina, Florida and Tennessee. Greg is well respected in the financial industry as a Complete Advisor. Being able to help Americans save taxes and reduce their risk in their retirement portfolios is what Greg specializes in. He has helped hundreds of clients’ have a more prosperous and less stressful retirement by showing them how to safely protect their assets from nursing home, medicaid, inflation and the ups and downs of the stock market. Greg offers support to clients by providing educational workshops for civic and church groups as well as other nonprofit organizations. He has given well over several hundred workshops throughout his career. Greg resides in Greenville and have been together for over 33 years. He has four children and one grand-daughter.

Greg Elie&nbsp;has been serving clients and retiree&rsquo;s since 1990. He is licensed in life and health insurance in the states of South Carolina, North Carolina, Florida and Tennessee. Greg is well respected in the financial industry as a Complete Advisor. Being able to help Americans save taxes and reduce their risk in their retirement portfolios is what Greg specializes in.&nbsp;He has helped hundreds of clients&rsquo;&nbsp;have a more prosperous and less stressful retirement by showing them how to safely protect their assets from nursing home, medicaid, inflation and the ups and downs of the stock market.&nbsp;Greg offers support to clients by providing educational workshops for civic and church groups as well as other nonprofit organizations. He has given well over several hundred workshops throughout his career.&nbsp;Greg resides in Greenville and have been together for over 33 years. He has four children and one grand-daughter.

My Money Is Safe with Greg Elie

Greg Elie has been serving clients and retiree’s since 1990. He is licensed in life and health insurance in the states of South Carolina, North Carolina, Florida and Tennessee. Greg is well respected in the financial industry as a Complete Advisor. Being able to help Americans save taxes and reduce their risk in their retirement portfolios is what Greg specializes in. He has helped hundreds of clients’ have a more prosperous and less stressful retirement by showing them how to safely protect their assets from nursing home, medicaid, inflation and the ups and downs of the stock market. Greg offers support to clients by providing educational workshops for civic and church groups as well as other nonprofit organizations. He has given well over several hundred workshops throughout his career. Greg resides in Greenville and have been together for over 33 years. He has four children and one grand-daughter.