Inspiring Conversations with Mike and Katie Bargetto of Axiom Wealth Solutions

Today we’d like to introduce you to Mike and Katie Bargetto.

Hi Mike and Katie, thanks for sharing your story with us. To start, maybe you can tell our readers some of your backstory.
Both Katie and I started our professional careers on very traditional paths. I was a firefighter and Katie’s first job out of college was with The Boeing Company in Southern California. Up until we met each other, we both assumed we would continue working in our specialties until the typical retirement age -the path ingrained in many of us. After meeting and falling in love, Katie and I started dreaming of our future together. What we soon realized was that continuing to climb the corporate ladder for the next 30-40 years wasn’t aligned with our big, hairy audacious goals for life. We didn’t feel as though we could truly design and live out our dream life while being subject to someone else’s schedule and expectations. We realized that while working for a major corporation and the fire department, we would never truly be in control of our time; we would always be set to a certain work schedule, have limited vacation, and be at the whims of our employers.

Our goal wasn’t ever to stop working but we wanted time and freedom so we could work on things that were important to us. We realized that obtaining financial freedom was an admirable and possible endeavor so we started wrapping our minds around how that could be accomplished. The financial path we were on, i.e. maxing out a 401k, relying on pensions, and putting the majority of our wealth in the stock market wasn’t going to get us there. That is when we started exploring financial avenues that would accelerate our path to financial freedom. We started researching the financial habits and tools of the wealthy and we quickly discovered there were some common threads with many of these folks. One was that we noticed the wealthy tend to own a very specific life insurance product in order to compound their wealth- it’s a high cash value Whole Life insurance policy. They leverage these Whole Life policies to invest further into hard assets like real estate. In 2018 we began implementing these exact strategies and tactics, which allowed us to optimally position our cash, then quickly grow our own real estate portfolio.

The ability to have full control over our capital in our Whole Life policies was a game changer. We couldn’t believe this incredible tool has been used for almost 200 years by all the wealthiest families in America yet so few people have heard of it. We knew this was a secret gem that had the power to transform lives, like it did ours, and we wanted to share this message with others. That was the catalyst for us starting our business, Axiom Wealth Solutions. Axiom focuses on establishing Whole Life policies for our clients as a way to create a solid financial foundation, and accelerate their ability to build wealth. Whether you are looking to acquire your first rental property or if you are already a deca-millionaire, Whole Life insurance is a wonderful asset to have in your portfolio.

Here is what I know: The traditional financial path that America is on is broken. The journey we created for ourselves is different, unique, and it gets results. Personally, in five years we put ourselves in a place that would take 40 years with traditional financial advice. We own our time and our lives are full of abundance. We often travel to create unique memories for our children, and add value to other people’s lives. Understanding money now, I find it incredible how quickly everything can change with the right financial education and focus. This is the type of transformation we love taking our clients through at Axiom Wealth Solutions.

Can you talk to us a bit about the challenges and lessons you’ve learned along the way. Looking back, would you say it’s been easy or smooth in retrospect?
The hardest part for us was not letting the opinions of others dictate our decisions. Most people think there is nothing more stable than a corporate job, so of course, we received a lot of pushback from people in our community when we decided to leave our stable, high-paying jobs. But we knew our financial strategy needed to be shared with the masses so we took a leap of faith to break out on our own so we could share with others what we’ve learned. As certain as we were, this was still not an easy decision.

Great, so let’s talk business. Can you tell our readers more about what you do and what you think sets you apart from others?
At Axiom Wealth Solutions, our clients learn three secrets of the wealthy that will allow them to build a better life for their family. The first foundational secret we touched on already is to optimally position your cash. Whole Life insurance was the norm before Wall St. pushed the 401k onto the public back in the 1980s. When designed properly, a Whole Life insurance policy provides instant liquidity, guaranteed growth, protection for your family, and a legacy that can last for generations. This tool gives business owners, investors, and anyone else looking to safely grow their wealth, permission to take control of their money. Additionally, we touch on how typical money decisions are likely to keep people stuck in the rat race. The system in place today continuously keeps people deferring their dollars until retirement. Because they don’t have access to their dollars during their working years, they can’t make decisions that better their lives today. Even worse, putting so much wealth in the stock market can make for a really volatile retirement experience. Sometimes going against the grain is the best decision you can make.

We are unique in multiple ways: First, we have expertise in designing these contracts, which sets us apart. 98% of life insurance agents do not understand cash value life insurance. Next, because of our personal experience, we tailor the design process towards our clients’ financial goals. We lead with the financial education necessary to become free. Axiom Wealth Solutions encapsulates what we personally did to achieve freedom and it is rolled out to our clients. Lastly, we have partnerships with tax strategists and real estate operators and we are able to provide these connections to our clients to speed along their own processes. It’s been great to see the growth now in our clients since opening the doors at Axiom!

What matters most to you?
First and foremost is our family and living our absolute best life today. Not someday in the future, but today. We want to be in full control of our time and how we spend each and every moment. Because of our financial decisions we are fortunate to experience less of a rush in our day-to-day lives. I remember being home on days off from the firehouse, but Katie still needed to be out of the house by 7am to get to the office, coffee in hand. Today, we enjoy our coffee together before the kids wake up. We work hard in our growing businesses (Axiom Wealth and our real estate portfolio) but we completely own our time.

Second is providing value to others. I honestly don’t think life would be this enjoyable if we didn’t produce and provide value to others. Finances play such an important role in life both at a conscious and subconscious level, and showing others why they should be going against the grain, so to speak, is valuable for society. You have the ability to live your dream life and it doesn’t need to be in retirement. Actually, we want to help people create a life they don’t ever want to retire from. If others knew this is actually doable in 5-10 years, more would seek it out. The financial strategy that worked for us is to build wealth in a stable and consistent manner from hard assets like real estate with a foundation of permanent life insurance. We know this isn’t the traditional path you were taught. But that is why we are here: to guide you on your journey.

Pricing:

• It is 100% free to work with us! As life insurance advisors we receive a commission directly from the life insurance company so there is a zero out of pocket expense to our clients. Anybody who goes to our website can book an introductory call with us if they are interested in obtaining financial freedom.

Contact Info:

• Website: www.axiomwealthsolutions.com
• Instagram: https://www.instagram.com/mike_and_kate_on_a_date/
• Youtube: https://www.youtube.com/channel/UCGEu5EL85Z1M_iPbhR2gBzQ