Jake Claver, CEO of Digital Ascension Group, recently spoke on the Paul Barron Show about long-term retirement planning for XRP holders.
Change in Retirement Mindsets
Speaking on retirement mindsets, Paul Barron pointed out that more people in their 40s now plan to retire early. Notably, this trend shows a move away from the idea of working for decades without pause, as the new generation plans to do things differently.
Responding to this trend, Claver said people see life in stages. He explained that the first 20 years usually focus on avoiding major mistakes. The next 20 years center on building wealth through careers, investing, or starting businesses. Meanwhile, around age 40, many people begin to change their focus toward reinvention and enjoying the financial freedom they created.
He added that later years should focus less on making money and more on giving back. Claver believes mentorship and philanthropy often become priorities at this stage. He also noted that today’s financial system presents more opportunities than in the past, especially with the growth of crypto assets.
How Wealthy Investors Spread Their Assets
Speaking further, Claver stressed that diversification matters at every stage of life. According to him, younger investors can usually take more risk and focus on long-term growth. However, older investors tend to reduce risk and focus on protecting capital and earning a steady income. This approach helps portfolios stay aligned with changing goals.
When asked about the appropriate manner to spread investors, Claver called attention to common family office strategies. He said these investors often keep 20-30% in cash, treasuries, and other low-risk assets. Another 20-30% typically goes into stocks.
Real estate often makes up 10-20% because it supports cash flow, diversification, and tax efficiency. He added that businesses also play an important role by generating income and offering tax benefits through depreciation.
Meanwhile, crypto usually represents a small share of these portfolios, often around 1-5%, though younger or more aggressive investors may allocate more. Notably, he compared wealth to a tree, saying diversification protects the whole structure if one area underperforms.
How to Retire Long-Term with XRP
Barron then asked how investors can hold XRP and other digital assets long-term without selling. He spotlighted assets such as XRP, XLM, HBAR, Bitcoin, and others, along with XRP-focused yield options offered by platforms like Flare and some crypto wallets.
In response, Claver said his firm, DAG, focuses on education and structure rather than pushing a single solution. He highlighted Wyoming as a strong location for crypto holders because of its favorable regulations and creditor protections based on laws from Delaware and Nevada. According to him, his firm has helped set up nearly 7,500 Wyoming-based LLCs for managing digital assets.
Notably, these LLCs can hold assets such as XRP, XLM, HBAR, Bitcoin, ETH, Solana, Matic, and Chainlink. Claver explained that his company usually creates holding companies rather than trading companies. This is because trading companies do not receive long-term capital gains treatment, while holding companies focus on owning assets and protecting them.
He explained that a properly maintained LLC can protect assets if someone files a lawsuit. Specifically, creditors can only place a charging order on the company, which prevents them from selling or taking the crypto.
Claver said DAG often pairs these LLCs with living trusts set up in the client’s home state. These trusts can be revocable or irrevocable and usually require a local attorney. He noted that DAG currently helps set up living trusts for $500, with the price increasing to $1,000 later.
He explained that living trusts mainly help avoid probate. Investors usually assign their LLC ownership to the trust so beneficiaries can inherit the assets smoothly. Notably, people often place homes, vehicles, vacation properties, valuables, gold, silver, and family heirlooms into these trusts.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
