Not Your Average Financial Podcast™

Episode 346: When Bank on Yourself® Policy Loans Matter Most

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In this episode, we ask:

  • Why haven’t you subscribed yet?
  • What big purchases are coming up?
  • Can you earn your way out of expenses?
  • What happens in retirement?
  • Can you earn your way out of expenses throughout all of the ages of life?
  • What’s the difference between earning income at age 35 and age 86?
  • What allows for uninterrupted compounding?
  • How is this possible?
  • Who offers non-direct recognition policy loans?
  • How about an example?
  • What is the amount of the cash value?
  • What is the simple interest rate on the policy loan?
  • What happens over four years?
  • What happens to the policy?
  • What is the gain?
  • Did you earn more than you spent?
  • What happens over a longer time horizon?
  • What about dividends?
  • Would you like to hear Episode 345?
  • Would you like us to review your policy?
  • What is unbelievably cool?
  • What products stop growing your money when you spend it?
  • Can you imagine this chart?
  • What happens on the spend down?
  • What continues to earn interest?
  • What if you could continue to maintain the compounding growth on your money?
  • What are the implications?
  • What results shocked Mark?
  • What if they never paid off the loan?
  • How about another apples-to-apples example?
  • What does a policy loan look like in a direct recognition policy?
  • What about the interest?
  • What about receiving a weird letter from the insurer at age 81?
  • Where was the compounding?
  • Where did the growth go?
  • What does a policy loan look like in a non-direct recognition policy?
  • What about the interest?
  • What is the difference?
  • What is the policy growth based upon?
  • What about compounding and accumulation?
  • What about loan interest?
  • How much more?
  • Is the policy designed the right way?
  • Who is getting penalized?
  • How about a timely warning?
  • Does your agent understand the working parts well?
  • Is your policy built correctly?
  • Is your policy breaking compound growth?
  • What about the Gold Standard of the Bank on Yourself® Professional training?
  • What would it look like?
  • What about absolute certainty?
  • Do you have to know everything about how your phone was engineered to enjoy it?
  • How is a Bank on Yourself® type whole life insurance policy like a smart phone?
  • When was the last time you reviewed your current policy?
  • Would you like a second set of eyes?
  • Would you like to learn more by listening through our Episodes in a List?
  • What about time?
  • Are you serious?
  • Would you like a meeting with me or an associate?

    • ...more
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