Infinite Banking Mastery

Are There Penalties for Accessing Your Policy Cash Value?


Listen Later

If you're new to the Infinite Banking concept you might think accessing your Whole Life insurance policy's cash value works just like conventional retirement accounts: Penalties for early withdrawal, required distributions, surrender charges and more.

But it doesn't work that way. The truth is: it's a breeze!

In fact, IBC looks even better when you understand how conventional retirement accounts really work, and the built-in features that work great for the government and advisors, but don't always work great for you.

I'll explain it in this episode, and "show my work" with clear examples. I'll also share how to easily safeguard your Whole Life policy against the one mistake that could undermine its advantages.

Listen now!

Show highlights include:

  • Disastrous Whole Life mistake that's like kryptonite to your policy's superpowers. (1:30)
  • Common misunderstanding about retirement plans and taxes that decimates your spending power when it's time to withdraw funds. (2:35)
  • Eye-opening thought exercise that forever changes how you look at your retirement account balance. (3:32)
  • How runaway government spending threatens your retirement income, and why your retirement account renders you defenseless to stop it. (4:49)
  • What you don't know about retirement income that could force you to work in your golden years. (6:44)
  • "Termite effect": How retirement account fees nibble away at your account value. (8:48)
  • What actually happens if you leave your IRA to your children when you die. (10:33)

Reach out to me:

[email protected]

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)

...more
View all episodesView all episodes
Download on the App Store

Infinite Banking MasteryBy Valerie LaRoque

  • 5
  • 5
  • 5
  • 5
  • 5

5

22 ratings


More shows like Infinite Banking Mastery

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,733 Listeners

Founders by David Senra

Founders

2,192 Listeners

Life Success & Legacy by Life Success & Legacy

Life Success & Legacy

34 Listeners

The Money Advantage Podcast by Bruce Wehner & Rachel Marshall

The Money Advantage Podcast

63 Listeners

Banking With Life Podcast by James Neathery

Banking With Life Podcast

76 Listeners

Money School Podcast by Chris Naugle

Money School Podcast

63 Listeners

Wealth On Main Street by Richard Canfield & Jayson Lowe

Wealth On Main Street

11 Listeners

The Infinite Wealth Podcast by Infinite Wealth Consultants

The Infinite Wealth Podcast

55 Listeners

On The Market by BiggerPockets

On The Market

906 Listeners

The Money Multiplier Podcast by The Money Multiplier

The Money Multiplier Podcast

28 Listeners

Wealth Warehouse by The IBC Guys via Podcast Principles

Wealth Warehouse

121 Listeners

Remnant Finance - Infinite Banking (IBC) and Capital Control by Brian Moody & Hans Toohey

Remnant Finance - Infinite Banking (IBC) and Capital Control

104 Listeners

Infinite Banking Initiative (IBI) by Leigh Barganier

Infinite Banking Initiative (IBI)

12 Listeners

The Banking Bros Podcast by The Banking Bros

The Banking Bros Podcast

3 Listeners

StackedLife - Authorized Infinite Banking by John D. Perrings

StackedLife - Authorized Infinite Banking

10 Listeners