Insurance isn’t boring—it’s the foundation of your wealth plan. Most people treat it like an afterthought, only glancing at benefits during open enrollment and hoping nothing bad happens. That’s exactly why so many families end up scrambling when life hits them with the unexpected. In this episode, I sit down with Maxwell Schmitz , a disability insurance and income protection expert, to rip apart the myths and excuses around insurance. We cover the psychology behind why people ignore it, the real risks you’re facing, and why disability insurance is more likely to impact your life than death during your working years. We break down the most common myths: “I’m too young for that.” “I’ve got coverage through work, I’m good.” “Insurance is a waste of money.” Max exposes the flaws in that thinking with numbers, stories, and blunt truth. We also dive into why group plans don’t cover nearly as much as you think, why cost isn’t the real barrier, and how insurance fits on the defensive side of your wealth strategy. You’ll walk away knowing the exact policies to check before the year ends, the one question you should be asking your advisor, and why your emergency fund is the first move if you do nothing else. This is a raw, no-BS conversation about protecting your income, your family, and your peace of mind. Watch the full episode on YouTube: https://youtu.be/aCx9zCcjhII As always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform! Twitter , FaceBook , Instagram , Tiktok , Linkedin DISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com .
