Financial strategist Gabriel Shahin, author of How The Rich Get Richer, joins Joe Pardavila to decode why “High Earners Not Rich Yet” (HENRYs) struggle to build wealth despite six-figure salaries.
They explore why traditional financial advice fails tech executives, attorneys, and professionals in high-cost cities—revealing how commission-based models overlook this group and why Roth IRAs often trump traditional retirement accounts (avoiding the “”tax time bomb””). Gabriel also unpacks the real math behind renting vs. homeownership in markets like LA or NYC and addresses Gen Z’s skepticism about ever owning property.
The conversation tackles wealth-building paradoxes: why the rich “waste” money on insurance, how billionaires justify private jets (hint: it’s a “time machine”), and Warren Buffett’s rule about making money “work while you sleep.”
Gabriel shares actionable strategies from his fee-only firm Falcon Wealth Planning, including why personal finance is more personal than finance, and offers a measured take on cryptocurrency’s role in modern portfolios. Perfect for HENRYs seeking to convert income into lasting wealth!
Joe Pardavila
Joe Pardavila is a leading voice in audio content production, with decades of experience in podcasting and terrestrial radio. He has created over 10,000 hours of audio content, captivating audiences nationwide. Joe is a recognized expert in communication and the author of the bestselling book, “Good Listen: Creating Memorable Conversations in Business and Life,” which provides valuable tips and strategies for mastering the art of communication. Throughout his career, Joe has been a radio personality…
Learn MoreWhat is Your Authority Score?