Dollars and Nonsense

E132: How Dividend-Paying Whole Life Grow and Allow for Being Your Own Banker


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In this episode, we discuss how dividend-paying whole life insurance policies grow and why they are the only tool in the financial world that allows you to become your own banker.

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e132

Topics Discussed:

  • Changes the IRS is making to dividend-paying mutual whole life insurance that may will impact you
  • Why no other financial product affords you the ability to be your own banker
  • Modified Endowment Contracts
  • Context from the history of whole life insurance policy regulation
  • The folklore of a guaranteed 4% and what it really means
  • How to think about the death benefit vs. the living benefit of policies
  • Understanding guaranteed cash values
  • Comparisons of IBC against other financial products

Episode Resources:

* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

 

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