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Keith breaks down why global crises, geopolitical shocks, and nonstop "doom" headlines haven't stopped stocks and real estate from reaching near all-time highs, and what that means for investors focused on inflation-resistant assets.  He also discusses Memphis as a surprising cash-flow market poised to benefit from the AI boom, sharing details on an upcoming webinar with Mid South Homebuyers.  Keith is joined by real estate investor and educator Jared Garfield to unpack the "Seven-Figure Solution," a strategy that combines cash-flowing rentals with tax-advantaged life insurance to create liquidity, reduce risk, and support long-term retirement income.  Together, they explore how disciplined portfolio growth, smart leverage, and coordinated tax planning can help real estate investors better align their assets with their long-term financial goals. Episode Page: GetRichEducation.com/619 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  FAMILY to 66866  Join Mid South Home Buyers' one-time, free live webinar featuring Keith Weinhold on September 30 at GetRichEducation.com/MidSouth to learn how Memphis' economic expansion could create new real estate investment opportunities, and have your questions answered in real time. Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold  0:02   Welcome to GRE. I'm your host Keith Weinhold. The world is about to end again. It's the economic disaster that never arrives. I'll break it down. Then you've been earning money and investing well all these years. How does it all go together? It can culminate in the seven-figure solution, it's about seeing your future today on Get Rich Education. What if I told you that one of America's strongest cash flow real estate markets is also becoming the new brains and brawn behind AI? That city is Memphis, believe it or not. And September 30th, we're going to show you why the smart money is paying attention now, along with an investing opportunity you won't want to miss. Join me, Terry Kerr and Matthew Van Horn of Mid South Homebuyers, the largest turnkey company in Memphis with more than 6,000 homes under management, for a free live webinar, the likes of which I've never done before, we're going to look at what billions in new investment could mean for jobs, housing demand, neighborhood appreciation, and your portfolio. Everyone who attends live will also get exclusive access to the best deal terms Mid South has ever offered. Reserve your free seat at getricheducation.com/midsouth again that september 30. Don't say we didn't tell you. Save your spot at getricheducation.com/midsouth.   Speaker 1  1:39   You're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Keith Weinhold  1:55   Welcome to GRE from Kankakee, Illinois, to Cherokee, Iowa, and across 188 nations worldwide. I'm Keith Weinhold. This is Get Recid Education, and the world is about to end. Even if you survive, your portfolio surely won't. Oh, jeez. At least that's the impression you get from mass media and what I'll call the Doom Scroll Industrial Complex. Fear creates urgency. Urgency attracts eyeballs. Eyeballs attract ad dollars. And I guess that using a slogan like "everything will probably be fine" well, that's never been a great ratings strategy. Now, can what has happened since 2020. Just this cheery little sequence: COVID, then Ukraine, Israel, Gaza, tariffs, and then the war in Iran. All that just since 2020. I mean, that right there sounds less like an economic timeline and more like a movie plot, or that the world is repeatedly spinning the wheel of misfortune. Yet after all of that, what is the result? Both stocks and residential real estate are near all-time highs. Apparently, the apocalypse has been postponed yet again-at least economically speaking. Now let's zoom out and break down these threats and a few more, all just since 2020, because 2020 is the year where, of course, you had the COVID-19 pandemic, economic shutdowns, the fastest major stock bear market in history, supply chain breakdown. You saw empty shelves, and there was unprecedented government intervention from the Paycheck Protection Program to stimulus checks to mortgage loan forbearance. Then, in 2021 and 2022, you had post-COVID inflation and supply shortages. Now, this was more of a result, not strictly geopolitical, but a major investment threat, and that led to aggressive interest rate hikes. From 2022 to the present, you have Russia's invasion of Ukraine, energy and food shocks came from that, sanctions, instability over in Europe, and really a heightened nuclear risk in 2023. You had the U.S. regional banking crisis. Remember SVB, yes, Silicon Valley Bank, Signature Bank, First Republic. They raised fears of a financial contagion that would spread like fat. Than a secret in a small town, it actually made me buy some gold. From 2023 to the present, you had the Israel-Hamas war and this broad Middle East instability, Hezbollah attacks, Houthi attacks, Red Sea shipping disruptions. It's almost like a geopolitical group project. And then from 2025 to the present, you have renewed U.S. tariffs and a global trade war, and this year you have the U.S.-Israeli war with Iran and the Strait of Hormuz disruption. That is the biggest current geopolitical investment threat because it combines all of these things: war, oil disruption, inflation, higher interest rates, and a recession risk. So it's a lot like this particularly unpleasant smoothie that's been blended together.   Keith Weinhold  5:55   All right. Well, all of that-that is just an absurd amount of uncertainty and disruption only since 2020, and though major markets are at all-time highs in the face of this, let's acknowledge that some were hurt here, like apartment building owners vulnerable to interest rate resets, and certain commercial sectors like office. Even worse, let's be sensitive to the fact that COVID in wars have resulted in a real loss of life. GRE's enduring strategy of primarily owning long-term residential rentals with fixed-rate debt has been comparatively really resilient. In fact, these calamities-they probably made you better off from the inflation that it has spurred. More people work from home. Well, that means that they're consuming our product while higher inflation debased our debt and jacked up our property values and our rents. And you know somehow every. single generation thinks that their collection of crises is uniquely terrifying, and it is not. And what do I mean by this? Well, in the 1980s, people feared war with the Soviet Union, the Cold War. A global population explosion so bad that millions or billions of people would surely die from hunger. You had the AIDS crisis. You had a hole in the ozone layer. Well, all those things. Virtually zero investors make decisions based on that stuff: an imminent Soviet attack or mass starvation from overpopulation. There is one thing that is 100% certain here, and that is that more shocks are coming. In case you don't want to sleep well, you can get worked up over the certainty of future calamities, artificial intelligence is making cyber attacks faster and more scalable. AI has even created entirely novel viruses. A confrontation between China and Taiwan that could create risk in the semiconductor space.   Keith Weinhold  8:18   A blockade that might disrupt the world's advanced chip supply, creating more inflation and more uncertainty. Here is what's changed, though, for what investors care about. You know what has changed with today's set of calamities versus those of the 1980s and earlier, because there is something, and it's a big deal for investors. Here's what's changed: recent history shows that the government does more to intervene during disasters, stimulus checks, liquidity programs where they're printing trillions, bailouts, pushing interest rates down to almost zero, quantitative easing. How about a foreclosure moratorium? Anything you know during COVID, it was a lot of these things, and it was the CARES Act, and it was a student loan payment pause. I mean, the Federal Reserve even set up emergency credit facilities. We now know that when the economic building catches fire, policymakers they rarely stand around admiring the flames. They just flood the place with currency. So the best investors they keep prudently building real estate portfolios in the face of risk, not the absence of risk, because the latter does not exist. This incessant government intervention, whether you agree with it or not, it gives you more safety cushions the next time that things fall apart. That's why what appears risk. Is still risky, but less so. So there is more incentive to take on prudent risk than I've ever seen. You know, no politician wants America to fall apart under their watch. So increasingly, they'll just paper over the problem by printing, printing, printing, and then, therefore, the resultant inflation, the consequence of this, that can be dealt with under the next president's watch, not theirs. In fact, future calamities they almost make you want to own scarce real assets that benefit from inflation, not a hedge, a benefit. Trying to time every war, election, banking crisis, tariff announcement, virus, and Fed decision. Trying to time all of those things-that is usually ineffective. You either own more assets, or you get left behind in everything that's happened since 2020. That just underscores this. In fact, Berkshire Hathaway, the closely watched company that Warren Buffett ran for a long time, but he still has influence in.   Keith Weinhold  11:16   You know, they recently began moving out of cash and into assets, they ended their long net selling stretch. In fact, in the latest quarter ended, they've now done the most buying that they've done since early 2022. They have jumped back in the game. It appears that Berkshire Hathaway got tired of sitting on the sidelines and seeing others make gains, and they're pretty bullish on housing too. They bought a home builder. The bottom line here is that shocks are going to keep arriving, and yet productive assets and well-financed residential real estate has repeatedly survived them and just continued appreciating. Don't wait for a risk-free world because you'll wait forever. When you evaluate all these calamities, just since 2020, again, COVID, Ukraine, Israel, Gaza, tariffs, and war in Iran, and then you realize that both real estate and stocks are near all-time highs anyway, and the government keeps backstopping asset owners like never before. This is just a fresh angle on how much better off you are when you prudently own more inflation-benefiting assets sooner. I want to tell you about something called the seven-figure solution. You've been here listening to me weekly since 2014. You've been earning money. You've been investing well, and now you're going to see how it all goes together. It's about making sure that your real estate and your other assets appropriately fund your retirement in a way that gives you protection against market downturns, a tax advantage pool of liquidity, the death benefit of a life insurance policy, and actually introduces you to a new form of leverage all at the same time. Now the liquidity here is key because this is where a 401(k) or IRA limit you, they have taxes and penalties if you want to use those funds early. This doesn't, but the seven-figure solution-it's not just for retirees. In fact, our own in-house investment coach Narayish uses something like this, and he is in his 30s. Let's discuss it, and then you'll see where I have an invitation for you, where you can get involved. I'd like to welcome in a guest we last had on the show a few years ago.   Keith Weinhold  13:54   He's a frequent guest on popular shows, including our friends over at the Real Estate Guys Radio Show, and this guest has also been a terrestrial radio show host himself. He's a long-time real estate educator and an active investor, just like you and I. So he speaks from experience and not a textbook. He's the creator of what we'll discuss today, called the Seven Figure Solution. Welcome back to the show, Jared Garfield.   Jared Garfield  14:21   Hey, it's great to be with you again. Thanks for having me.   Keith Weinhold  14:25   It's so good. Now you're with the Haven Bridge Group, and you help people, especially real estate investors, with what's called the seven-figure solution. Tell us about it.   Jared Garfield  14:37   it. Well, Haven Bridge, we get the name for that because people are really looking for a haven of safety, and the bridge is kind of what crosses the gaps that could kind of destroy your wealth, and it's the path to get there. So we want to take people on a path to safety, and the seven-figure solution is the idea that if you're going to be drawing out even 4% per year to not outlive your money, because people are living now. To 8590, 95 years old, and so that means you could have 35 years in retirement. And with inflation and different things like that, you really have to have a lot bigger nest egg than what most people realize. So a seven-figure solution is how to get to more than a million dollars liquid that you can draw on in a tax advantaged manner for the rest of your life, while also having living benefits. And we pull real estate in with it because we want people to have 10 or 15 or 20 rental properties by the time they retired. That they 1031 exchange regularly, so that they're always keeping tax advantages. So that even in retirement you have strong tax advantages, and ultimately we think that when you're 65 or 70, you might want to go from 30 single-family houses to 1031 exchange into one institutional asset that's a little bit less management intensive.   Keith Weinhold  15:57   Okay, so this is a tax advantage vehicle that real estate investors can use during their investing career, and those tax advantages then really convert into something that you can use in retirement as well.   Jared Garfield  16:11   Yes, what it does is it's a vehicle that instead of saving the money from your cash flow from your rental properties in the bank, we say, well, why wouldn't you rather invest in something where it grows tax-free, number one, and then number two, you don't have the penalties like you would with a 401k, where you get taxed and you get penalized 10% if you pull it out. It's liquid, usually about 80 to 90% liquid, so you can pull from it whenever you like, and you can use it for down payments to grow your real estate portfolio. But you can earn sometimes between five and even seven or 8% in a tax advantaged manner where you're not taxed on it, but you're earning a much higher return than if you put the cash flow into a bank.   Keith Weinhold  16:51   All right, so you're building this tax advantage pool of capital that grows over time, and this is important to have some liquidity. You know, Jared, I've often talked to our audience, about three to 5% of your portfolio value ought to be kept liquid. Maybe with a vehicle like this, you would want to put in more of that because real estate investors we have expenses, so you have this liquidity to cover things like vacancies and major repairs, or perhaps you could even use this account for future down payments on additional investment properties. Is that how it's utilized?   Jared Garfield  17:27   Yeah, absolutely. And I get it partially this way because in my early 20s, I got up to where I had about six rentals, and at the time, I also owned a real estate brokerage, and I was doing very well. I was making a six-figure income and things. And what happened is, I back when a   Keith Weinhold  17:41   six-figure income was a big deal.   Jared Garfield  17:43   Yeah, back in the early 2000s, it was a little bit better money. But the funny thing was, I had four rental properties that all went vacant at the same exact time, and so now all of a sudden, I was paying like 4500 bucks a month in mortgages, not counting the house I lived in, but I had to cover four mortgages on four of my rental properties all at the same time, and I hadn't saved the cash flow, so I didn't have a huge emergency fund. All my liquid capital went into down payments and into renovation money to rehab the properties. Okay, and so it put me in a real bind, and I was out driving a Volvo S80 around throwing two paper routes in the mornings, and then going to my real estate brokerage after my paper routes to cover those rental properties. And so this was basically meant as a way to say, okay, this is a way that I have the liquidity. I'm getting a higher return, but now my tenants are not only buying me the houses, but they're also giving me a couple million dollars in life insurance, and they're wrapping my investment component or the cash value of that, the cash value part of the policy. They're wrapping that in a way that it grows tax-free, so it just accomplishes a lot of things. But the other thing that's a beautiful thing about it is there's a lot of things that we call living benefits.   Keith Weinhold  19:02   All right, so you have the living benefits and the tax advantages, and I know how you have pointed out that this can save an investor 10s of 1000s of dollars in taxes per year and hundreds of 1000s or more over time. Can you tell us more about that?   Jared Garfield  19:20   Yeah, because what happens is the money that goes in is growing tax-free, so you don't get taxed on any of the growth. But what we really like about it is, let's say that you're cash-flowing $2,000 a month off your rental properties, and you're putting 2000 a month into this policy. Usually, after the first year, if you're max funding, 80 to 90% of that's liquid. So if you've got 24,000 sitting in there, you've got access to 89 to 90% of the money. So it's pretty liquid. But what happens is over a 20 or 30 year period, that money could turn into three or 400,000 a year that you can pull out in the form of policy loans. And by doing that, it's not taxed. And you can pull that out throughout your retirement tax-free. So if you were paying 25% in taxes and you're pulling out 200 grand a year, that's $50,000 a year in retirement that you're saving in taxes. But that could be over a 20 or 30-year period. So over 20 years, that 50,000 could end up being a lot of money. I mean, 500,000 over 10 years, a million over 20, and so that means you don't have to accumulate as much. But a lot of our investors love it because they'll save it up with discipline, and then that way it's there if the furnace blows. So it makes your real estate safer, but it also becomes your down payment funds to expand your portfolio.   Keith Weinhold  20:40   Okay, the seven-figure solution is the vehicle that we're talking about here, and what part of the IRS code, just briefly, is it that gives this tax advantage?   Jared Garfield  20:51   It's Internal Revenue Code Section 79 that allows it to grow tax-free. In the 1980 s, doctors and a lot of very wealthy people were using this to the point that IRS changed the laws. They went and sued the insurance companies because doctors would go in and dump $2 million in, and they would buy a $2 million life insurance policy. So they were self-insured, which meant that they didn't have any cost of mortality on it. So they basically got all the benefits of the tax-free growth and the tax-free pullout. And the IRS said, "Wait a minute! We think you're doing tax evasion. So what they did is they came around and they said, "We're not going to let you use this loophole anymore for the very wealthiest people to have this. So they came to a compromise, and the compromise was that if you wanted to put in 2 million, you had to maintain a corridor where there had to be a little bit higher amount of life insurance. So you might have to buy a $2.3 million policy, but then you could still dump, say, $2 million in and have all the tax advantages. It's a strategy that's been used for over 100 years by families like the Rockefellers and the Hunts and J.P. Morgan. The very wealthiest families have always used these strategies to grow and protect their wealth.   Keith Weinhold  21:59   Okay, so it's a part of the tax code that allows cash value to accumulate within and be withdrawn from a life insurance policy tax-free.   Jared Garfield  22:11   Correct, and it gives you living benefits, which I alluded to a minute ago. And the living benefits are if if you end up having to go through things like long-term care, disability, if you can't perform, you know certain functions for a certain period of time, chronic illness, critical illness, terminal illness. If any of those things happen to you, you can borrow against the policy and have access to money during those things that would normally decimate your wealth, because you can actually access the death benefit in advance.   Keith Weinhold  22:42   Now I know a little about the six risks. Tell us about that.   Jared Garfield  22:47   Well, Keith, there are six risks that all investors face regularly. The first one is inflation erosion, and that means that your purchasing power often ends up leaking out of your balance. And the balance might look fine, but inflation can eat away at it. So even if you've raised a lot of money, if inflation means that you can buy half as much five or 10 years from now, then you know your wealth isn't as big as you thought. The second is the volatility setback, and that's sequence of return risk. That means that if you retire on a bad year where things really bad, stock market drops, you could end up using your money at a time where it really weakens your wealth because it may have dropped by 50% So if you had a million, now you have a half a million, and you're spending 100,000 a year. At the end of year one, you might only have 400,000 left. So sequence of of return risks from volatility setback, tax drain. That's just the compounding cost of an uncoordinated tax picture can really be a problem, and then the next one is liquidity. If you don't have liquidity and you've locked up all your money and you can't access it until you're 59 and a half without significant taxation and 10% penalties, the liquidity lock is a problem. There's the longevity paradox. What happens if you outlive your money, you know. So living longer is a benefit, but it exposes you to where you might not have enough money to live on in your latter years. The last two are care avalanche, and that is if an unexpected health event happens at the wrong time, it could really destroy your wealth because medical costs have spiraled out of control, and then the last one is the line to land, and that's only one of the six that's really about growth.   Keith Weinhold  24:28   Right, only one of the six of those was about growth. I can't stand the longevity paradox. Yeah, we think we all want to live a long time, but then it's more difficult to fund living a long time, and if you outlive everybody, nobody shows up at your funeral either. The longevity paradox-one of the six risks that the seven-figure solution can really help you with. Now, tell us more about funding it, so you can get a good cash value balance in. There, I know that one way you do it is actually with short-term rentals instead of a paycheck.   Jared Garfield  25:06   We love short-term rentals, especially for our highest net worth clients, because the reason is is the bonus depreciation of the big beautiful bill. Oh, right! You could take up to like 150 or even $200,000 in year one, they take that depreciation that they used to spread out over a whole lot of years, and they make it to where if you get with your CPA and you analyze your short-term rental, you could potentially take all of the furnishings, all of the artwork, all of the dishes and things that are in the property. Sometimes they'll let you take components like the appliances, the air conditioning unit, the furnace, and they'll let you take it all in year one instead of having to line item it and spread it out over you know 27 and a half years. So what this means is, if you have a short term rental, then you you might get like 150 to 200,000 tax break in the first year on the right property, but it's better than that because instead of having to have like 750 hours to hit full-time real estate professional status, it cuts the hours that you have to have significantly down. I think it's more like 150 hours or something like that, or 300. It's like half the hours, and so you can hit the benefits of taking unlimited passive loss much easier if you have a couple of short-term rentals.   Keith Weinhold  26:24   You're listening to Get Rich Education. We're talking with Jared Garfield about the seven-figure solution, something that takes some time to understand, but it can give you a tax-advantaged pool of capital that grows over time, and it also creates this overall tailwind, not just during your investor life, but then it provides tax advantaged retirement income at the same time. More on this when we come back. You're listening to Get Rich Education. I'm your host Keith Weinhold. What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group and MLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge while it's on your mind. Start at ridgelendinggroup.com, that's ridgelendinggroup.com.   Keith Weinhold  27:25   Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. And full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call, or text family to 66866. That's family 266866. This is the   Speaker 2  28:28   Real Wealth Network's Kathy Betke, and you are listening to the Always Valuable Get Rich Education with Keith Weinhold.   Keith Weinhold  28:46   Welcome back to Get Rich Education. I'm your host Keith Weinhold. We're talking about the seven-figure solution with Jared Garfield. Something that can be a particular benefit to real estate investors both during your investing career and then once you're in retirement as well, and this can take the form of either an indexed universal life policy or a whole life policy. There are a lot of wrong ways to do this and wrong things to get into. We're talking about the right way. Part of that is funding it as best you can. Can you tell us more about that?   Jared Garfield  29:20   Well, there's a lot of different ways to fund it. A lot of our clients will come in. We have some people who will use rollovers if they're nearing the end of retirement. Some people will roll over a 401k into a cash value life insurance policy because they can do it over a five or seven year period, and they pay the taxes when they roll it over, so their taxes go up a little bit for five or seven years of retirement, but then what happens is that means that during their retirement they're not taxed on the income all the way through retirement, so that can save really significantly. But a lot of our clients will do a flip and dump 40 or 50,000 a year in by just saying I'm going to do one flip a year and use that to. Fund the whole thing, or they'll take the cash flow and dump the cash flow into here instead of the bank, just so that they get the living benefits and they get the much higher return with still 80 to 90% liquidity. So could be cash flow from rentals, could be money from a flip, or sometimes some of these short-term rentals can make 20 to $30,000 a year, and if you get $100,000 tax break, you have more money that's not going to Uncle Sam, and then because that's your discretionary income now, because of the tax break, you could use that money to for down payments to grow your portfolio or to do a flip.   Keith Weinhold  30:35   Now, Jared, I sort of think of the cash value that you're accumulating in this policy as safe money that grows at a slow to moderate steady rate, but if it rarely or ever loses value, can you tell us more about that and the rate of return expected in the policy?   Jared Garfield  30:52   Yeah, absolutely. With the IULs, it's going to depend a little bit upon the carriers and stuff like that, and whether you go with a mutual company and stuff like that. It can vary, but a lot of times people are going with things that are what we call indexed. So you can actually index it to the S and p5 100 if you think that we're going to have a bull market and the market's going to really go up strongly. You can index it to the market, and sometimes they'll have a participation rate where they'll say, "Okay, you can participate up to 12% So if the stock market does 17% the most you can make is 12% So you're giving up a little bit of upside, but that's still not nothing. I mean, that's not three or 4% You can still make you know 10 or 12% that year, but you're giving up the part above the participation rate. And the reason that you do that is if the market tanks and drops by 30 or 40% The worst you can do is 0% return. Zero is my hero because you didn't lose anything. So if you had a half a million sitting there, you don't go down to 250 and then wait eight years to get back to break even. Instead, you're still at half a million. And if the market goes up next year by 20% and you had a 10% cap. Then your half a million, you know, is now at 550,000. When everybody else, if it went up by 10% they're at half the amount that they had.   Keith Weinhold  32:13   You have a story or example of how you've helped somebody with this, because I know a lot of investors that are passionate about utilizing the cash value inside an insurance policy tell us.   Jared Garfield  32:28   Well, I've got one friend who's a developer, and he did like a $5 million policy. And every time he flip a subdivision or flip a house, and let's back   Keith Weinhold  32:36   up. Does a $5 million policy mean that's the death benefit?   Jared Garfield  32:40   Yeah, that's the death benefit. Thanks for catching that. That's the death benefit, but that also has a correlation to how much money you can dump into it. So if you have a $5 million policy, you can dump a lot more money in for the tax free growth. And the quicker you hit that death benefit amount, at that point you're self-insured, and so at that point you really don't have cost of insurance on administering the policy hardly at all, and so at that point, when you're what we call self-insured, the return on the investment becomes a lot better. But this particular developer was able to use this policy because he had so much cash value in, and if he sold a house, he'd take 40,000. If he sold 10 a year, he might take you know 400,000 and dump it into this policy, and so it made him bankable. And he was able to use the money to go out and do new subdivision developments because the bank would actually use the policy as the collateral to be able to give him loans at much lower interest rates.   Keith Weinhold  33:38   That's valuable. Tell us about that. I don't want to use the wrong words here, but then effectively with this example, are you borrowing against the funds in the policy? So therefore, you can get those dollars working for you somewhere else, all while simultaneously the cash value continues to compound and grow. Sort of another form of leverage.   Jared Garfield  34:01   Correct. What they basically do is they basically freeze part of the amount and say, okay, we're using this as the collateral and stuff like that to be able to do the loan. But if it grows and and makes 7% you're still making the money off of the money that's sitting in there. It's just collateralized as part of the loan. And some people will even use it to like go buy a car, like instead of buying a car and going getting a bank loan and paying 7% to the bank, they might borrow money out, go pay cash for the car from the life insurance policy loan, and pay 2% instead of 7% But they're paying it to themselves, and as long as they're paying the interest to themselves, if the money that they borrow out could potentially still earn the same money and earn 7% even though you had borrowed out. So it's doing two things for you at the same time, as long as you're paying that loan interest. But and that depends on the option that you take when you do your loan.   Keith Weinhold  34:54   We love leverage around here. Leverage trumps compound interest. In so many ways. Oh, I'm really glad that you told us some more about that using the funds in more than one way at the same time. Tell us more about what it costs for the investor, the costs of setting this up, and then what some of those trade-offs are, Jared.   Jared Garfield  35:18   Well, that really depends on the individual. I mean, everybody has to sit down and be able to decide what is acceptable for them. You know, a lot of times people will want to max fund the 401k that they're doing at least just to the amount that's matched. But then after that, this could be a great place instead of putting a whole bunch more money into a 401k. Some people will elect to say, "I'm going to put the matching portion into my 401k, but then I'm going to take my cash flow from my real estate and money that I could have contributed to other alternatives and put it into this because I want the liquidity. I want to be able to leverage this money and pull it out without any restrictions. That as long as I can pull out 80 to 90 percent, I could go buy a car wash, or I could invest in a business, or I could, you know, do whatever I wanted to. I could loan it to my kids for their college and make them pay me loans back to my policy. There gives you a lot of flexibility to do it. But the thing that we love about it is we'll do what's called an illustration, and it may end up if you start at the right time, it could be a six-figure passive income stream at retirement, and then if you have the real estate, because this helped you grow your portfolio, where without doing the strategy, you might have ended up with say 10 properties. We might be able to get you to 20 or 30 properties working together as a team with your real estate coaches and stuff like that. Then we can potentially grow your real estate portfolio, and what we want to do is 1031 exchange every seven to eight years. I don't believe in holding properties for 30 years.   Jared Garfield  36:47   I believe in exchanging them every seven to eight years because when the tax benefits have been used up, if you exchange to twice the size portfolio, you have better appreciation on a portfolio worth twice as much. But that new value, you still get the depreciation advantages, where the old value that was half, you know, the depreciation is used up. So you're you're getting new depreciation on the higher value assets, and then our goal would be that by the time you don't want to be involved in managing the property managers, that at some point you're going to have a 200 unit apartment complex with on-site management, and at that point you don't have any financial worries really because you're 1031 exchanging into those apartment complexes, but you have so much equity that you're still maintaining depreciation during your retirement years. When most people who have lesser plans don't have the tax advantages,   Keith Weinhold  37:41   I love that you said so much of that, and to you, the listener, Jared is licensed to do this, and our own in-house investment coach. You mentioned coaching. Naresh has the proper licensing as well to holistically help integrate this into your investor life. And for example, yes, we are rarely of the mindset that you would hold a property for all 30 years because after seven to 10 years, your leverage ratio gets worn down, and then additionally, if you're buying turnkey properties, oftentimes that's when capex expenditures start to enter into the picture. So yes, oftentimes we do these seven to 10 year holds.    Jared Garfield  38:23   I love that. Yeah, that's a really really good strategy, and and it always makes it to where you can grow so much bigger portfolio by not being taxed through that exchange. And you know, believe it or not, there's actually even ways when you have extra cash boot, they do allow if you notify them in advance. Sometimes you can take some of the cash boot on the exchange and roll it into some of the products that we utilize.   Keith Weinhold  38:47   For more specifics, I know you said it's based on one's individual situation, but how much does it cost to set up a policy? And then, are there any ongoing maintenance fees? Can you give us more specifics there?   Jared Garfield  38:59   So, there's small fees to administer the policy because you have people who are trading and doing different things and working within the policy for the funds. But usually, you can set policies up as low as 100 or even $200 a month. We don't usually recommend that because you want to max fund it. Usually, when you're doing these strategies, if you're just doing $100 or $200 a month, you're basically buying life insurance, but you're missing a lot of the benefits because what you want to do is to be able to max fund it. So what we like people to do is get as minimum life insurance. That's not in our advantage because we get paid based on the premium of the amount of life insurance you get. But you get the smallest amount of life insurance for the amount that you can max fund. I would much rather have somebody get a $500 a month policy that, let's say, they could put you know a thousanmd a month in or something like that, than to have somebody get $1,000 a month policy where they're paying a thousand a month but they can't max fund it because by max funding it you're maximizing the growth component of the cash. Value, and so it depends on how much you want. But you can go anywhere from $100 or $200 a month to we have clients that will dump $20,000 a month in because they really want to shield as much money as they can from tax growth.   Keith Weinhold  40:15   Tell us more about who the seven-figure solution is for and who it's not for.   Jared Garfield  40:20   Well, if you're living month to month and you don't have discretionary income, it's probably not a good solution. In that situation, you probably want to get term insurance and just make sure that you cover catastrophic things. But if you've got discretionary income and you've got an extra four to $500 a month that you could use to max fund, we figure most people need life insurance anyway, and the way that we teach it, when you mix it with real estate, rather than pulling it from your monthly budget, doesn't it make a lot more sense to let your tenants buy the houses for you, but also pay for a half a million or a million dollar life insurance policy for you, where the tenants are covering the savings for anything that happens at the property with capex or vacancy or damage, and at the same time covering life insurance and potentially a six-figure passive income that's tax advantaged at retirement. So I pull the money out from other assets and let the assets cover this asset.   Keith Weinhold  41:18   Oh well, Jared, this has been great. Before I ask you if you have any last things to tell the audience about the seven-figure solution, I invite you, the audience, to join us. It's going to be Jared and our own in-house investment coach, Nareesh, bringing you a live online event that you can join from the comfort of your own home next Thursday, the 27th at 8 PM Eastern. You can register now; it's free at grewebinars.com because there are a lot of moving parts, and it does take some time to wrap your head around this, benefiting from the cash value of an insurance policy. And this way you can have a Q and A, and you can get answers in real time at this event. It's called the Seven Figure Solution: Build wealth, reduce risk, and create tax advantage retirement income through real estate. Again, it is next Thursday, the 27th at 8p.m. Eastern, you probably have generated some questions inside your head while you're listening to this, and you can sure have them answered there as you're going to learn a whole lot more about it next Thursday. This could help a lot of people. Jared, do you have any last thoughts?    Jared Garfield  42:38   I think the only thing is that we like to work with the team. We like to work with your CPA. We like to work with your real estate investment coach. I used to be a coach and trainer for Robert Kiyosaki, who wrote Rich Dad Poor Dad, and he always talked about power teams. And so we want to be able to be a part of your power team and work with your other advisors to help you implement something. We're not here to give you tax advice. We want you to be able to work with your investment advisors and your CPAs, and just be a part of the team. But I would point out that over my career, I've owned hundreds and hundreds of single-family cash flow rentals, duplexes, fourplexes, apartment complexes. I've done some land development, and I implement these strategies myself. I had 17 Airbnbs, and so these are the strategies that I implemented as a full-time real estate professional. I felt like that this strategy of having a seven-figure solution could help you to avoid some of the pitfalls that I experienced in my 20s.   Keith Weinhold  43:32   So much all comes together for one pretty comprehensive solution. It's the intersection of growing your portfolio, getting tax advantages and having the death benefits of insurance and more all coming together next Thursday, so that you can learn more. Jared, it's been great having you back on the show.   Jared Garfield  43:52   Thanks, Keith. Always glad to join you.   Keith Weinhold  44:00   Integrate the seven-figure solution the GRE way, where we have this conscientiousness about leverage and cash flow. In this case, it's how to prudently leverage a life insurance policy. When it's time to tap your cash value, you take what is a policy loan, not a withdrawal, because you're borrowing against your cash value, hence using the funds in more than one place, and the IRS does not tax loan proceeds. This reminds me of a billionaire and how they borrow against the value of their stock. That way, they don't have to sell their assets. This is similar to what you can do with this. Another thing is that you know real estate investors are not used to a volatile ride because our asset values stay stable. You heard Jared mention the acronym IUL there. That's an indexed universal life policy. It's a real benefit. That says you tie yours to the S and P five hundred. Well, that index was down 18% in 2022, and that your cash value can have an upside ceiling and loss protection on the downside-an option that you'll care more about as you get toward retirement. In 2008, the S&P was down 37% so the math is cruel on value losses. In fact, it's even worse than it sounds because if you're down 30%, then you need a 43% gain just to get back to even. That is just math.   Keith Weinhold  45:39   There are some mistakes to avoid here, and you don't just want to set up your seven-figure solution off of a website. And it is based on products that you might have heard of from companies like Nationwide and Mass Mutual. I strongly encourage you learn more, see how it all goes together, learn how the seven-figure solution compares to other vehicles like a Roth IRA, 401k, 721 exchange, and 1031 exchange. This is very much about seeing your future. You've been listening to me here every week for almost 12 years, earning money from your day job, building your real estate portfolio, either from our investment coaching or on your own. This is how it all goes together. Next week with Jared and GRE investment coach Naresh. By attending live, you can have your questions answered in real time. One last time, you can sign up for the event for next Thursday, the 27th at 8 PM. Eastern, 5 PM. Pacific. Learn about something that's potentially really valuable to you: the seven-figure solution at grewebinars.com. Until next week, I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 2  46:59   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.   Keith Weinhold  47:26   The preceding program was brought to you by your home for wealth building, getricheducation.com  

The future continues to look bright in Champaign as Illinois basketball adds one of the state's rising stars, Kankakee standout Lincoln Williams. Williams turned heads throughout his high school career, including a record-setting 44-point performance that broke Kankakee's single-game scoring mark, and now gives the Illini another talented in-state piece for the future. On the football side, Bret Bielema and his staff continue to build recruiting momentum, adding three more commitments as Illinois looks to follow up what has become one of the strongest recruiting stretches in program history. The Illini have elevated their recruiting profile significantly in recent years, consistently landing top in-state talent and competing for higher-ranked classes nationally. Plus, we pay tribute to legendary Bulls broadcaster and former NBA champion Stacey King. All that and more in today's Illini Headlines.

Brian Teague from Chicago State of Mind Sports joins the show to break down the latest developments in the Bears stadium saga and explains why he believes the franchise ultimately won't be relocating to Indiana despite recent headlines and speculation. What hurdles remain, and what could keep the Bears rooted in Illinois? The Illini continue to build for the future with the commitment of Kankakee star Lincoln Williams. The highly regarded prospect adds another talented in-state piece to Brad Underwood's recruiting efforts and gives Illinois fans plenty to be excited about moving forward. Plus, we discuss another impressive performance from Quentin Coleman while representing Team USA at the U18 level. The rising Illini standout continues to showcase his talent on the international stage, further fueling expectations for his future in Champaign. Follow The Drive on X, Instagram, and Facebook!

Prior to being recognized at the Kankakee City Hall meeting Monday night, 2019 Kankakee graduate Keagen Trost was celebrated at his alma mater as the school's first NFL draft pick in almost 50 years.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

Episode breakdownPart 1 — Why dewpoint matters more than air temperature, and the math of why a 36°F low with a 39°F dewpoint produces dew, not frost.Part 2 — Wet-bulb temperature as the pro forecaster's tool, and why surfaces can touch the wet-bulb value rather than the air temperature on calm clear nights.Part 3 — The big surprise: why wet soil cools harder than dry soil. All three mechanisms — evaporational cooling, higher emissivity (0.95–0.98 wet vs. 0.88–0.92 dry), and the surface coupling effect that lets wet soil's bulk heat reservoir actually pull cold deeper rather than rebounding at the skin.Part 4 — The river paradox: moisture pump versus drainage trap, and the five factors that determine which wins (wind, water-vs-air temp, valley shape, season, watershed size).Part 5 — Concrete contrast: Des Plaines River at Lincolnshire (narrow, wooded, modest evaporation, drainage wins) vs. Kankakee River at Kankakee (broad floodplain, strong evaporation, no cold sink, moisture wins). Then Antioch and the Chain O'Lakes, with the explanation of why small inland lakes don't protect like Lake Michigan does.Part 6 — Tonight's frost map across the LOT CWA: high-confidence frost in Antioch and Lincolnshire, moderate confidence in rural McHenry/DeKalb/Lee/Iroquois/Newton/Jasper, and confident "no frost" in the urban Chicago neighborhoods, lakefront suburbs, and Kankakee city. With the explicit reassurance that West Rogers Park porch tomatoes are safe.Become a supporter of this podcast: https://www.spreaker.com/podcast/weather-with-enthusiasm--4911017/support.This episode includes AI-generated content.

Keagen Trost, a 2019 Kankakee graduate, was the 93rd overall pick by the Los Angeles Rams in the 2026 NFL Draft on Friday.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

WGN-TV Chief Meteorologist Demetrius Ivory joins Lisa Dent to discuss the large boom sound hear in Ohio. Ivory shares his passion for meteorites and astronomy, sharing that he collects fragments of fallen meteorites. He talks about the tornado that hit Kankakee earlier this month and discusses how people should prepare and stay safe in tornado weather. Ivory […]

Today on America in the MorningTrump To Release Oil Reserves Americans continue to feel sticker shock at the gas pump in the wake of the U.S. war with Iran.  President Trump is encouraging oil tankers to travel through the Strait of Hormuz, a highly used waterway that Iran has shut down in response to American and Israeli military strikes.  John Stolnis has more from Washington.   Midwest & South Tornadoes The National Weather Service confirmed that a powerful EF-3 tornado touched down in Kankakee, Illinois Tuesday evening, just a part of the severe weather to slam into the Midwest that included hail larger than the size of a softball.  There was damage reported in towns in Indiana where two people died.  Storms continued into Wednesday and reached through the Mid-Atlantic, Midwest and into the South, with tornado watches and warnings that included Pennsylvania, Baltimore, and down to Mississippi.  Correspondent Mike Hempen reports.   California Warnings While the war in the Middle East is far from the shores of California, the FBI is warning police departments throughout the Golden State about the possibility of a surprise drone attack.  Correspondent Clayton Neville reports.   Vehicle Hits WH Gates There was a scare at the White House when a vehicle crashed through a barricade near the Old Executive Office Building on the White House grounds, sending a swarm of police, National Guard, and Secret Service to the scene.  Correspondent Julie Walker reports a man was taken into custody, and the area immediately went into lockdown.   Hawaii Storms & Volcano The 50th State is dealing with a powerful and slow-moving storm that was inching across Hawaii on Wednesday, bringing an extended period of heavy rain as much as 2 inches per hour, thunderstorms and strong winds that could last into early next week.    Cornyn & The Filibuster Senator John Cornyn is denying changing positions on the filibuster in Congress to gain a potential Trump endorsement in his Texas runoff with State Attorney General Ken Paxton.  Correspondent Clayton Neville reports.   Debating The Millionaire's Tax In Washington State, their House passed a Millionaire's tax that now moves on to the state senate, a bill that the founder of Starbucks said could force him to move out of the state.  This bill is one of a number of bills that states including California and cities like New York City are debating to enact.  Correspondent Haya Panjwani reports on some local governments working on taxing higher income households.   War Spending Pentagon officials told lawmakers in a closed-door briefing on Capitol Hill that they estimated the cost of the war against Iran had exceeded $11.3 billion dollars in the first six days alone. Kansas Transgender Protest Kansas is one of five states to prohibit trans-people from changing the gender marker on their driver's licenses.  Correspondent Joan Jones reports they also became the first state that retroactively is canceling licenses that were already active and changed.    Learn more about your ad choices. Visit podcastchoices.com/adchoices

Members of the International Energy Agency (IEA) agreed on March 11 to release 400 million barrels of oil from reserves. This is the largest withdrawal on record as governments attempt to mitigate the spike in global energy prices.Major storms whipped up tornadoes that killed at least two people in northwest Indiana and leveled buildings in Kankakee, Illinois, authorities said Wednesday, as another round of rain, hail and strong winds made its way through the region.

As the Obama Center nears its opening this summer, signs of a changing neighborhood are emerging around it. Crain's commercial real estate reporter Rachel Herzog discusses with host Amy Guth. Plus: Banks take fight over Illinois credit card swipe-fee law to appeals court; biotherapy maker CSL plans $1.5 billion expansion near Kankakee; small cities are a big part of the O'Hare expansion that alarmed the FAA; and Ford's CEO gifts Pope Leo an Explorer — built in Chicago by one of his former students. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Support your health journey with our private practice! Explore comprehensive lab testing, functional assessments, and expert guidance for your wellness journey. Find exclusive offers for podcast listeners at nutritionwithjudy.com/podcast. _____Michael and I dive into how childhood trauma reshapes the nervous system, drives addiction, and contributes to chronic illness, mental health struggles, and even premature death. We break down the CDC's ACE (Adverse Childhood Experiences) score, including the powerful data showing that an ACE score is associated with losing years of life, and discuss why trauma may be the hidden driver behind inflammation, immune dysfunction, and chronic disease. Make sure to listen to the full interview to learn more.Michael Menard is an inventor, entrepreneur, and author who grew up as the second oldest of 14 children in Kankakee, Illinois, later discovering that he and his siblings experienced complex childhood trauma. As Vice President of Engineering at Johnson & Johnson, his 14 patents transformed global manufacturing, and his expertise has been sought by the United Nations, NASA, Coca-Cola, and Pfizer. He is the founder of United Against Childhood Trauma (UACT) and the bestselling author of multiple books, including The Kite That Couldn't Fly and Greater Than Gravity.We discuss the following: Who is Michael MenardTrauma's hidden death tollACEs defined by the CDCACE score shortens lifespanCortisol damages brain and bodyShame prevents trauma healingBuilding ACE 2.0 intensityWholeness and EMDR healingThe sacred first 60 daysThe Paradox of Childhood Trauma_____EPISODE RESOURCESUnited Against Childhood Trauma (UACT)WebsiteInstagramThe Kite That Couldn't Fly (Memoir)_____WEEKLY NEWSLETTER 

Kankakee Sheriff: "devastating and horrific event" full 51 Tue, 03 Feb 2026 18:23:34 +0000 oyeqwxbPMG4XM4ULwebd9gwRuwFPNix9 news Chicago All Local news Kankakee Sheriff: "devastating and horrific event" A dive into the top headlines in Chicago, delivering the news you need in 10 minutes or less multiple times a day from WBBM Newsradio. 2024 © 2021 Audacy, Inc. News False https://player.amperwavepodcasting.com?fee

Kankakee Sheriff: "devastating and horrific event" full 51 Tue, 03 Feb 2026 18:23:34 +0000 oyeqwxbPMG4XM4ULwebd9gwRuwFPNix9 news Chicago All Local news Kankakee Sheriff: "devastating and horrific event" A dive into the top headlines in Chicago, delivering the news you need in 10 minutes or less multiple times a day from WBBM Newsradio. 2024 © 2021 Audacy, Inc. News False https://player.amperwavepodcasting.com?fee

Kankakee Sheriff: "devastating and horrific event" full 51 Tue, 03 Feb 2026 18:23:34 +0000 oyeqwxbPMG4XM4ULwebd9gwRuwFPNix9 news Chicago All Local news Kankakee Sheriff: "devastating and horrific event" A dive into the top headlines in Chicago, delivering the news you need in 10 minutes or less multiple times a day from WBBM Newsradio. 2024 © 2021 Audacy, Inc. News False https://player.amperwavepodcasting.com?fee

In this Holiness Today podcast episode, host Nate Gilmore and regional director Stan Reeder interview Dave Anderson, lead pastor at Kankakee First Church. Anderson shares his testimony of transitioning from a high-powered law career to ministry after wrestling with a divine call for five years. He discusses his experience revitalizing churches in crisis, emphasizing prayer-first leadership and the "power of the text" in preaching. The conversation highlights his commitment to discipling young leaders and his belief in surrendering outcomes to God's "resurrection power".   Lifelong Learning Code: 28473 Click here to learn about Lifelong Learning.

From aiding Illinois State's run to the FCS National Championship game to earning spots on all-conference teams for the SEC and Big Ten, several Kankakee County area football figures made their mark on the 2025-26 college football season.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

RJ Haines, a core of the Kankakee area football coaching scene for more than two decades, is a part of the upcoming Illinois High School Football Coaches Association Hall of Fame class.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

Guest host Jake "Jacques" LaMore, formerly of Pop-Punk & Pizza, now the voice behind new narrative storytelling podcast, "This One Time in Kankakee", sits down for a conversation with Kevin Andrew, the lead vocalist of Chicago's diet punk band, Guardrail. The two discuss:   -Kevin's recent wedding -How their bands used to play shows together -The meaning behind the group's new single, "Heroes", now streaming everywhere -The upcoming ten anniversary of their yearly benefit show, Snuzfest   ###   Jake did an incredible job - and his mic/audio quality are tops (I notice this stuff). I'm incredibly grateful that he was willing to jump behind the mic to talk punk rock on behalf of CCC. And thanks of course to Kevin for again agreeing to have the world's premiere diet punk band featured on the podcast.   -JVO   ###   Car Con Carne is nominated for "Best Music Podcast" in the Chicago Reader's "Best of Chicago" survey (https://chicagoreader.com/best-of-chicago-music-nightlife-2025/). Please consider voting for the podcast - recognition like this can go a long way for a DIY, one-person operation!   ###   Car Con Carne is sponsored by Exploding House Printing.   Bands, brands, listeners who want to get the word out: Exploding House Printing can help with your screen printing, embroidery and other merch needs.     Exploding House delivers production efficiency and cost awareness to offer boutique print shop quality at much lower, large print shop prices.  Check out their work on Instagram at (at)explodinghouse, or go to their website or just email info@explodinghouseprinting.com to get a quote!

Guest host Jake “Jacques” LaMore, formerly of Pop-Punk & Pizza, now the voice behind new narrative storytelling podcast, “This One Time in Kankakee”, sits down for a conversation with Kevin Andrew, the lead vocalist of Chicago’s diet punk band, Guardrail. The two discuss: -Kevin’s recent wedding -How their bands used to play shows together -The meaning behind the group’s new single, “Heroes”, now streaming everywhere -The upcoming ten anniversary of their yearly benefit show, Snuzfest ### Jake did an incredible job - and his mic/audio quality are tops (I notice this stuff). I’m incredibly grateful that he was willing to jump behind the mic to talk punk rock on behalf of CCC. And thanks of course to Kevin for again agreeing to have the world’s premiere diet punk band featured on the podcast. -JVO ### Car Con Carne is nominated for “Best Music Podcast” in the Chicago Reader’s “Best of Chicago” survey (https://chicagoreader.com/best-of-chicago-music-nightlife-2025/). Please consider voting for the podcast - recognition like this can go a long way for a DIY, one-person operation! ### Car Con Carne is sponsored by Exploding House Printing. Bands, brands, listeners who want to get the word out: Exploding House Printing can help with your screen printing, embroidery and other merch needs. Exploding House delivers production efficiency and cost awareness to offer boutique print shop quality at much lower, large print shop prices. Check out their work on Instagram at (at)explodinghouse, or go to their website or just email info@explodinghouseprinting.com to get a quote!See omnystudio.com/listener for privacy information.

Keagen Trost, a 2019 Kankakee graduate, was named a first-team All-SEC offensive lineman earlier this week after a standout season as Missouri's right tackle. His former Kays teammate Jyaire Hill and Manteno native Josh Gesky received All-Big Ten recognition.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

In this week's episode of Kankakee Podcast News, Drew Raisor covers the key stories from around the county. First Community Insurance & Annuity Center has officially moved its headquarters to a new location on Armour Road in Bourbonnais, continuing its more than 30-year commitment to serving local residents and businesses. The city of Kankakee has extended its leaf-pickup service after November snowstorms disrupted collection, asking residents to keep leaf piles visible and accessible. School districts across the region are reviewing their latest Illinois State Report Card designations, with several schools earning commendable or exemplary ratings while others receive targeted support. Finally, starting after January 1, Kankakee will begin towing vehicles parked along designated snow-route streets during snow events, warning residents of potential $200–$300 recovery costs and urging attention to posted signage.Send us a textSupport the show

In this week's episode of Kankakee Podcast News, Drew Raisor delivers the top headlines from around the county. Kankakee officials announced stricter enforcement of snow-route parking regulations this winter, emphasizing towing for vehicles blocking priority streets once snowfall reaches two inches. Illinois residents will see lower Thanksgiving costs this year as turkey prices fall more than 16 percent, bringing the average cost of a classic dinner for 10 down to $49.20 statewide. Manteno approved a new short-term rental ordinance for Airbnb and VRBO hosts, removing several proposed requirements and omitting a 5% hotel tax while strengthening tools to address problem properties. The Relay for Life of Kankakee County fundraiser exceeded expectations, raising more than $255,000 for cancer research and patient support programs. Finally, the Illinois Commerce Commission reduced Nicor Gas's proposed rate hike by nearly half, lowering its profit rate and expanding protections for low-income customers.Send us a textSupport the show

In this episode of the Kankakee Podcast, host Andrew McBurnie welcomes members of the Kankakee Valley Theatre Association to talk about their upcoming production of My Son Pinocchio Jr., a heartwarming and family-friendly twist on the classic Disney tale. Director Pat Ward and cast member Ella Nitschke, who stars as the Blue Fairy, share what audiences can expect from this magical musical — from its playful humor and tap-dancing fairies to the deeper themes of family, forgiveness, and what it means to be “perfect.”Pat reflects on her decades-long journey in community theater, while Ella brings insight into the fun and challenges of bringing a timeless story to life on stage. Together, they talk about the show's beautiful message, its connection to the Kankakee community, and why live theater continues to be such an important part of local culture. Performances take place November 22–23 at the Lincoln Cultural Center, with tickets available at kvta.org.Send us a textSupport the show

In this week's episode of Kankakee Podcast News, Drew Raisor covers the top headlines from across Kankakee County. Hundreds gathered at the Kankakee County Museum for the annual Veterans Day ceremony, celebrating service members of every background and their lasting contributions to the community. Otis Story Sr. has resigned as CEO of St. Mary's Hospital, with Luis Leon stepping in as interim leader as Prime Healthcare continues facility upgrades. The Village of Bradley approved a $1.07 million project to expand the 315 Sports Park maintenance facility, addressing space needs for its growing operations. State Representative Jackie Haas announced she is undergoing cancer treatment, assuring supporters her outlook remains positive and her work will continue. And finally, firefighters in Kankakee Township battled a large early-morning structure fire, rescuing a cat and preventing further damage.Send us a textSupport the show

Despite a few dazzling plays from Cedric Terrell III to pull the Kays to within a field goal, Providence did enough down the stretch to earn a road win at Kankakee in the second round of the IHSA Class 5A playoffs Saturday.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

In this week's episode of Kankakee Podcast News, Drew Raisor recaps the top local headlines from around Kankakee County. The popular New York City Deli is expanding to a second location in downtown Kankakee, with plans to open in spring 2026 following a $345,000 renovation supported by a city TIF incentive. Kankakee Community College announced its upcoming “Explore KCC Day,” inviting prospective students to learn about academic programs, financial aid, and campus life. In Bourbonnais, village trustees approved the purchase of a 2.19-acre parcel from Olivet Nazarene University to further development plans near The Grove. Manteno officials are weighing a proposal to apply the village's 5% hotel tax to short-term rentals like Airbnb and Vrbo, potentially generating new tourism revenue. And finally, the March 2026 primary ballot is taking shape, with multiple contested county board races and a challenge to County Clerk Dan Hendrickson for the first time since 2018.Send us a textSupport the show

Kankakee, Bradley-Bourbonnais and Bishop McNamara all clash with CCL/ESCC powers, Wilmington and Coal City face familiar postseason faces and more in the Daily Journal's second-round playoff previews.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

The Kays got timely plays on both sides of the ball, including fourth-quarter touchdowns from Kymani Billings and Ezekiel Sherrod, to get past Lemont in a physical, defensive-minded Class 5A playoff game at Kankakee Saturday.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

It's Halloween night in Kankakee County, and the Kankakee Podcast News team is wishing everyone a safe and spooky evening filled with costumes, candy, and community fun. This week's episode covers the official trick-or-treat times across the county, along with the latest local headlines. The Illinois State Police have turned over the results of their investigation into several Watseka Police Department officers to a special prosecutor. In Oswego, a 19-year-old Kankakee man faces multiple felony charges following a fatal stabbing at a Chick-fil-A. The Bourbonnais Township Park District celebrates the retirement of longtime IT administrator Frank Cianci after 12 years of service, and the Village of Bradley prepares for its 40th annual Lighted Christmas Parade, themed “A Christmas Jubilee on Gingerbread Lane.” Finally, Manteno police arrest a man accused of driving his vehicle toward two local teens.Send us a textSupport the show

Kankakee two-way senior standout Cedric Terrell III is proud to represent not just himself, but a large, well-respected family in the Kankakee community with his name. And while he may be the third, he's made a name for himself on the gridiron.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

After he was one of the final preseason cuts by the New York Giants last month, Kankakee native and 2016 Bishop McNamara graduate Jonathan Ward joined the New England Patriots practice squad on Tuesday.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

Bishop McNamara and Herscher meet for the second time this season, Bradley-Bourbonnais and Kankakee also host first-round playoff games, and more in the Daily Journal's first-round playoff previews.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

Simon Kodosky, York brace for playoff rematch with Lyons, Nazareth not getting caught up in talk of four-peat ahead of playoff opener and Lemont set for huge challenge of Kankakee in Bob Narang's Suburban Life football notebook.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

Crete-Monee scored the game's first four touchdowns, enough of a lead to withstand a late Kankakee push to emerge in the de facto Southland Athletic Conference championship game at Kankakee on FridayBecome a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

This week's episode of Kankakee Podcast News highlights some of the biggest stories around the county as of Friday, October 24, 2025. With Halloween right around the corner, Kankakee County is offering a range of festive activities, from the thrills of Rietveld's Haunted Corn Maze in Bourbonnais to the family-friendly fun of Halloween Downtown Kankakee. Local officials are also investigating an early morning fire at an abandoned building on South Greenwood Avenue, which is believed to have been deliberately set. In other news, the Kankakee River Metropolitan Agency and the City of Kankakee have finalized a $100,000 settlement with former KRMA Executive Director Richard Simms and his daughter, closing a years-long fraud case. Meanwhile, Kankakee School District 111 celebrated the opening of its new outdoor fitness court behind Kankakee High School, promoting health, wellness, and free public access for the community.Send us a textSupport the show

Kankakee and Crete-Monee clash for the Southland Athletic Conference, Wilmington and Coal City square off for the Illinois Central Eight championship and more in the Daily Journal's Week 9 football previews.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

In this episode of the Kankakee Podcast, host Bill Yohnka welcomes a heartfelt lineup of storytellers for a special evening at the historic B. Harley Bradley House, Frank Lloyd Wright's first Prairie-style home. With “home” as the night's theme, each storyteller takes the audience on a powerful journey of what that word truly means—from rediscovering roots after years away, to finding faith and hope in unexpected places, to breaking family cycles and building safer, stronger homes for the next generation.The night also explores the deeper emotional layers of home—how it can be a physical space, a memory, or even a person. Set against the stunning backdrop of one of Kankakee's most iconic landmarks, this Yarn Factory Live captures stories of healing, belonging, and transformation that remind us that home is not always where we start, but where we finally find peace.Send us a text Support the show

With one regular season remaining, eight Daily Journal area schools have clinched playoff berths, two more have qualified with five wins and three more are hoping to win in Week 9 and miraculously find a way in at 4-5.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

Bishop McNamara dispatched with Hope Academy in a battle of unbeaten Chicagoland Christian Conference teams on Friday to get in strong position for conference title, Kankakee picked up its sixth straight win and more football results in Friday's Daily Journal roundup.Become a supporter of this podcast: https://www.spreaker.com/podcast/friday-night-drive--3534096/support.

In this week's episode of Kankakee Podcast News, Drew Raisor recaps the top local stories from around Kankakee County. A grain bin collapse in Martinton spilled tons of corn and caused power outages for more than 160 Ameren customers, though no injuries were reported. The Kankakee County Board recognized October as Domestic Violence Awareness Month alongside Harbor House leaders, highlighting over 45 years of service to local survivors. Kankakee police recovered multiple firearms and arrested three suspects during a search on South Greenwood Avenue. In Bradley, a high school student was taken into custody after allegedly threatening to bring a weapon to school, prompting a strong police response. And finally, reports of ICE operations in Kankakee sparked fear and confusion among residents, leading some families and businesses to temporarily close as officials reiterated local law enforcement's limited involvement.Send us a textSupport the show

The Kankakee mallow is one of the rarest plants on the continent, according to the Smithsonian Garden in Washington D.C. It's a pink flower that grows on tall stalks and is native to just one small island in the middle of the Kankakee River, about an hour south of Chicago. But when botanist Rachel Goad paddled over to take a look back in 2014 with a group of native plant enthusiasts, instead they found an island overgrown with invasive honeysuckle. Was this special native plant gone for good? Perhaps, if not for the efforts of a small group of volunteers, initially led by conservationist Trevor Edmonson. “Hearing the phrase that the Kankakee mallow only grows on this island — anywhere in the world, like that is the extent of its remaining natural habitat — is such a draw for anybody, especially someone early on in their career,” Edmonson said. Today, reporter Claire Keenan-Kurgan from the Points North podcast at Interlochen Public Radio guides us on this floral rescue mission. Points North is a podcast that tells great stories from the Great Lakes. For more stories like this one, go to pointsnorthpodcast.org.

In this week's episode of Kankakee Podcast News, Drew Raisor covers the top local stories from around Kankakee County. Baker & Taylor has closed its Momence distribution center, leaving hundreds unemployed as officials work to assist displaced workers. Consumer advocates are challenging Nicor Gas' proposed rate hike, calling for reductions to protect customers. The Kankakee Police Department promoted Jose Diaz to sergeant, marking an important career milestone and increasing local representation. Sunrise Center Animal Rescue is gearing up for its Trunk-or-Treat event to raise awareness and support for pet adoptions. Meanwhile, Bourbonnais continues to refine its Riverfront Park master plan following strong community input and a major land donation.Send us a textSupport the show

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In this week's episode of Kankakee Podcast News, Drew Raisor shares the top stories from around the county. Bourbonnais driver Austin McCarty captured his second straight Pro Late Model championship at Kankakee County Speedway in a season marked by family tragedy. Fortitude Community Outreach announced a new “hotel shelter model” for the winter after the city denied its request to operate an overnight shelter on East Court. The annual St. Anne Pumpkin Festival returns with dozens of local vendors and fall favorites. Animal shelters in both Kankakee and Iroquois counties are struggling with urgent volunteer and donation needs. Finally, the Citizens Utility Board is warning ComEd customers of winter electricity rate hikes averaging 10–15 percent.Send us a textSupport the show

In this heartfelt episode of Kankakee Podcast, Drew sits down with Brady and Joy, a couple who moved their family of nine to Kankakee just two years ago. What began as a season of new beginnings quickly turned into a life-altering journey when their youngest daughter, Eloise, was diagnosed with leukemia at just three years old.Brady and Joy open up about the shock of the diagnosis, the chaos of moving while balancing hospital visits, and the strength they found in their faith, community, and each other. From Eloise's battle through treatment to the powerful moment she rang the bell and became cancer-free, this is a story of resilience, hope, and the power of community love.Send us a text Support the show

Send us a textGrits is on the road.  We recorded this episode in Illinois with special co-hosts Paula and Darla.  Don't forget to subscribe to us on YouTubeSupport the show

This week on Kankakee Podcast News, host Drew Raisor covers the top headlines from around the area. In Herscher, a man faces multiple charges after crashing his pickup truck into a home while driving under the influence with a blood-alcohol level more than four times the legal limit. The Kankakee River Valley Regatta made its return over Labor Day weekend, bringing high-speed boat racing and family fun back to the community. A new $275,000 outdoor fitness court near Kankakee High School is set to open this fall, providing free exercise access for students and residents. Meanwhile, a February 23 trial date has been officially set for Xandria Harris in connection with the 2021 shooting that killed Bradley Police Sgt. Marlene Rittmanic and wounded retired Sgt. Tyler Bailey. And former Herscher mayor Ray Schneider has announced his run for the Kankakee County Board in District 11, earning the endorsement of outgoing member Carol Webber.Send us a textSupport the show

In this episode of the Kankakee Podcast, Andrew McBurnie sits down with Sharla Ronchetto, director with the Kankakee Valley Theatre Association, to talk about their upcoming production of Urinetown the Musical. With a title that often raises eyebrows, Sharla explains why she championed the show, what makes it such a witty and unexpected gem, and how it balances satire, melodrama, and heartfelt storytelling.The conversation dives into the quirky world of Urinetown—a dystopian society where private toilets are outlawed, the poor are forced to “pay to pee,” and rebellion brews under the rule of a corrupt elite. Sharla shares how the show cleverly parodies Broadway classics like Les Misérables and West Side Story while still delivering laugh-out-loud moments, memorable music, and a surprisingly relevant message. Andrew and Sharla also discuss the fun challenge of staging a big musical in KVTA's intimate Black Box Theater and the unique energy that comes from working with a 15-member cast.Beyond Urinetown, Sharla gives listeners a preview of KVTA's upcoming season, which includes the holiday favorite The Christmas Schooner and the heartfelt family drama Big Fish. She reflects on her personal journey into theater and music, what inspires her to direct, and why certain shows—like Godspell and In the Heights—continue to hold a special place in her heart.Packed with humor, behind-the-scenes stories, and plenty of passion for community theater, this episode shines a spotlight on the creativity and dedication fueling Kankakee's performing arts scene.So what makes Urinetown more than just a funny name—and why is it the perfect show to kick off KVTA's season? Tune in to find out, and maybe even grab your tickets before the house fills up!As always, thanks for listening to the Kankakee Podcast. You're part of what makes this community's arts and stories come alive.Send us a textSupport the show