Breaking Free from Financial Slavery: How to Build Wealth Like the Ultra-Rich

In Episode 100 of I Know A Guy, host Anthony sits down with Joseph Lombardi, founder and managing director of Ironhawk Financial, to uncover the wealth-building strategies that the ultra-rich use to protect their income, grow tax-free wealth, and secure their financial futures. If you've ever wondered how top earners legally avoid taxes and create bulletproof financial security, this episode is packed with insights you won’t want to miss.

Who is Joseph Lombardi?

Joseph Lombardi is a financial strategist with over 21 years of experience, specializing in income protection, life insurance, and long-term wealth planning. His passion for financial literacy is fueled by personal experiences his mother passed away without life insurance, his father lost a multi-million dollar construction business after an accident, and his grandparents lost millions due to a lack of long-term care planning. These life-changing events inspired him to educate individuals and business owners on building tax-free, lawsuit-proof wealth.

The Financial System is Rigged Here’s How to Beat It

Joseph doesn’t hold back in this episode. He explains why most Americans are unknowingly trapped in a financial system designed to keep them struggling. With rising taxes, inflation, and government debt, traditional savings plans like 401(k)s and Social Security may not be enough for a secure retirement.

Joseph introduces listeners to IRS Code Section 7702, a strategy that has been used by the ultra-wealthy for decades. This powerful financial tool allows individuals to:

• Grow wealth tax-free

• Protect assets from lawsuits and divorces (in some states)

• Take loans against their own money without interrupting growth

• Avoid market losses while still earning competitive returns

In short, it's the "401(k) of the rich", and Joseph breaks down exactly how anyone even those starting with $250 per month can benefit from it.

Protecting Your Greatest Asset—Your Income

One of the most overlooked financial tools Joseph emphasizes is disability insurance. Many people insure their cars and homes but fail to protect their ability to earn an income. If an accident or illness prevents you from working, disability insurance ensures you continue to receive a paycheck just like wealthy business owners do.

Joseph’s mission is clear: Stop playing by the government’s rules and start leveraging the same wealth-building strategies that top earners use.

Who Should Be Using These Strategies?

Many people assume these financial tools are only for multi-millionaires, but Joseph works with individuals and business owners of all income levels. Whether you’re a self-employed entrepreneur, a W-2 employee, or a high-net-worth investor, these strategies can help you:

• Build a secure, tax-free retirement

• Protect your family’s financial future

• Access capital while maintaining financial growth

• Avoid market losses and unnecessary taxation

How to Learn More & Get Joseph’s Free Books

Joseph has written three books on wealth-building and financial security, and he’s giving them away for free to I Know A Guy listeners!

📚 Get Joseph’s free books! Email [email protected] with the subject line "Free Books" to receive your copies.

For more information, visit Ironhawk Financial or follow Joseph on social media at @IronhawkFinancial.

Final Thoughts

This 100th episode of I Know A Guy is one of the most eye-opening yet. Whether you're a seasoned investor or just starting your financial journey, Joseph Lombardi’s insights on tax-free wealth, income protection, and financial independence can transform your future.

Listen To The Full Episode here

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