Infinite Banking Mastery

It can be hard enough to pay all your bills when you're healthy.

What if hardship strikes and you can't make your bills? How will you ever pay your whole life insurance premium? Is your policy doomed to lapse, or is there something you can do?

This is a question I get a lot. And today I'll explain different options (all legal and ethical) to keep your Infinite Banking plan together when life seems to be falling apart.

Listen now!

Show highlights include:

• Prime place to look for relief if your hardship comes from being unable to work. (1:15)
• How to borrow against your policy to pay your policy, without destroying your available cash value. (1:57)
• Afraid to borrow from your policy to pay the whole premium? Try this instead. (2:47)
• Looking for a premium discount? Hidden way to pay less. (4:36)
• Why missing your grace period isn't the end of your policy…if you can clear these hurdles. (5:28)
• "Raise the roof" reason to fully fund your policy in year one–even if money is tight. (8:32)
• Why forcing yourself to play catch up in funding your policy could open the door to a tax nightmare. (9:57)
• Why you shouldn't use dividends to pay your premium, even when they're big enough to do it. (12:06)
• Hard truth behind Universal Life policies' flexible premiums. They sound appealing until you know this. (14:24)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

You like the Infinite Banking Concept, but you honestly wonder: "What company is the best for the whole life insurance I need to get started?"

It's a question I get a lot! And even though I can't give a cookie cutter answer, in this episode I'll explain why that's actually a good thing. Plus, I'll tell you what to look for to get a great policy no matter what company you choose.

I'll also explain the Infinite Banking decision that's even more important than the insurance provider you pick.

Listen now!

Show highlights include:

• Surprising parallels between insurance companies and world-class heart surgeons. (1:29)
• Avoid the confusion! There are different types of life insurance, here's exactly why mutual life insurance is best for Infinite Banking. (5:03)
• What Valerie looks for in whole life policies. Good to know regardless of what agent you work with. (5:46)
• Ironic reason an agent who works with lots of companies won't actually get you the best service. (6:45)
• Why the wrong advisor can hurt you far more than the insurance company chosen. (9:19)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

Hypotheticals are one thing, but you want to know: "How do people actually use Infinite Banking to make their lives better?"

Today I'm answering that question the best way I know how: by filling this episode to the brim with examples of what real people have done, and are doing.

There's no theory or filler in here, just real world evidence of how IBC can help you handle the needs, wants, and challenges of life.

Listen now!

Show highlights include:

• How to buy that house you want, even if you can't qualify for a big enough mortgage. (1:14)
• Why one client was able to buy a new car without adding a dime to his monthly expenses. (2:20)
• Routine oil change reveals thousands of dollars in needed repairs. How IBC empowers you in this catastrophic situation. (3:39)
• IBC vs. College Expenses. How to win, even if you started late. (4:49)
• How to use Infinite Banking to upgrade your professional practice without freaking out your CPA. (5:41)
• Two factors that make paying off your mortgage with IBC worth it. Do they apply to you? (6:35)
• Overlooked benefits of using IBC to pay off personal debt. (7:33)
• Need these home improvements? Real home repairs and upgrades accomplished through Infinite Banking. (9:41)
• Why I funnel so much money through my IBC. (10:20)
• Little-known way your policy can save itself during financial hardship. (10:52)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

In a world where "too good to be true" usually is, it's easy to wonder if Infinite Banking works the way advisers like me claim.

Maybe that's why so many people head to Google and ask "Is Infinite Banking a scam?"

In this episode I'm going to separate fact from fiction so you can see through the confusion and misrepresentations certain "experts" create around IBC.

I'll also explain why so many qualified financial experts refuse to tell their clients about IBC, even when it could fit them perfectly.

Listen now!

Show highlights include:

• What Dave Ramsey gets wrong about Infinite Banking, and why trusting him on this topic can cripple your financial plan. (1:10)
• Confusing IRS definition that spooks consumers away from IBC and all its advantages. (3:35)
• Dividend danger? Whole life insurance companies can miss a dividend, but how big is the risk really? An honest look. (7:00)
• Why borrowing against your whole life policy isn't "being charged to borrow your own money," regardless of what radio experts say. (9:14)
• One reason most advisors don't promote IBC. Hint: It's not about your best interest. (15:20)

Reach out to me:

[email protected]

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

Now that you understand long term care coverage and why it's so important, it's time to talk about different ways to secure these benefits. Benefits that could be the difference between dignity and despair in the latter years of your life.

In this episode I'll explain the basic terminology you need to know, and tell you about different options available to you.

Listen now!

Show highlights include:

• Long term care coverage option that's as easy to understand as car insurance. (1:09)
• Heartbreaking motive behind people dropping long term care coverage just before they need it most. (1:50)
• Benefit Payments 411: What they are. How they work. And the highest benefit amounts I've seen. (2:21)
• Why it's hard to find a policy with a lifetime benefit period anymore, and what periods you can expect to find instead. (3:36)
• Reason John Hancock, with government approval, signed off on raising rates on existing customers. (4:29)
• Why common sense supports getting an inflation rider on your long term care coverage policy. (7:15)
• Long term care coverage that works like a bank CD? How it works explained. (12:30)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

You know long term care coverage is something you should look into, but you figure you have plenty of time. It isn't urgent.

But the truth is: waiting could be a huge mistake.

In this episode I'll share why you should secure this coverage sooner rather than later.

Listen now!

Show highlights include:

• Sneaky way forgetfulness can slam the door on your ability to get long term care coverage. (1:15)
• What a "pure" long term care policy is, and when it makes sense to get one. (2:25)
• Little-known way to get lifetime long term care coverage without paying monthly premiums the rest of your life. And it saves big money in the long run. (3:16)
• Nightmare tax Washington unleashed on long term care coverage. How to prepare before the same chaos comes to your state. (4:30)
• How whole life insurance can protect your savings from the government's never-ending spending spree. (12:22)
• Misconceptions about Medicaid and Medicare that wreck long term care planning. (13:13)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

It's easy to get confused about long term care vs. long term disability. And without being prepared, you could be setting yourself up for financial disaster at the worst possible time: your senior years.

But don't worry! Today I'm here to clarify. And I'll explain why long term care coverage is something you should think about, unless you want a huge risk hanging over your head, during your retirement years.

Listen now.

Show highlights include:

• The difference between long term care and long term disability. (1:05)
• Who should get long term care, and the best time to do it. (1:12)
• Two massive reasons to secure long term care coverage before you turn 65. (1:25)
• "Best case scenario" combination of coverage to prepare you for retirement and beyond. (1:32)
• The six daily activities that matter most for long term care coverage, and why lacking the ability to do just two of them is enough for benefits to kick in. (2:52)
• Unexpected reason saving a million dollars for retirement could still put you at risk of bankruptcy. (4:47)
• Terrifying truth of how expensive medical care is. These real world horror stories show why long term care coverage makes sense. (6:13)
• Medicaid Myth: Why you don't really want Medicaid to pay for your assisted living. (8:31)
• Beware of the in-law suite. Why your plan to live with your kids when you're old might not work out the way you think it will. (10:12)
• What to do when even Infinite Banking can't give you a big enough safety net. (11:25)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

Ask the average person if they think they'll become disabled, and naturally they'll say no.

And while I hope they're right, the statistics tell a different story. And it's not just statistics: it's real people in the same position as you. Healthy people who never imagined it could happen to them.

The reality is if you don't have a plan to deal with a disability, you're risking financial ruin.

In this episode I'll explain why. And I'll tell you about ways to defend yourself so you can live with dignity even if you become disabled.

Listen now.

Show highlights include:

• Why your mental picture of disability tricks you into not preparing for it. (1:20)
• Young people don't get disabled, right? Wrong! The shocking percentage of 20-year olds who will become disabled before retirement. (1:44)
• Vital coverage more than half the private sector lacks, but at least half of people 35 and older will need. (1:56)
• Overlooked expenses during disability that add up quicker than you think. Could you pay for all of these? (4:19)
• The real number one cause of bankruptcy in America. (5:40)
• Why you should consider disability insurance, even if you have a well-funded IBC in place. (5:46)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

Getting started with Infinite Banking is exciting, but it can also make you nervous: Especially if you're concerned about how to fund it. And many people are, because I'm often asked questions like "How much does it take to get started?" and "Do I need to have a lot of money up front?"

So today I'm here to help calm those nerves! In this episode I'll walk you through those questions so you can start Infinite Banking with confidence.

Plus, I'll give you a "big picture" view of Infinite Banking so you'll be able to set up your plan with the right perspective.

Listen now!

Show highlights include:

• Why "How much do I need to get started?" is the wrong question to ask, and what to ask instead. (1:30)
• How to use Infinite Banking to avert as much income tax as possible, in retirement. (2:45)
• Common mistake that makes time your worst enemy and shortchanges your lifestyle in retirement. (4:15)
• "Boring is better" benefits that make whole life insurance very attractive. (5:20)
• The honest banker's secret to better savings accounts, better retirement funding, and better control of your purchasing power. (6:14)
• What to do if you want to get started with IBC but don't have a lump sum of cash available. (9:13)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard about IBC and it sounds great. But you're wondering: "How do I even get started?"

That's what today's episode is all about.

I'll walk you through the best process. The process that lets you understand Infinite Banking and have confidence your plan is designed to work for you from the very beginning.

I'll also share what you should know before meeting an IBC practitioner. And I'll give you a behind-the-curtain look at meeting with a practitioner so you can know exactly what to expect.

Listen now!

Show highlights include:

• The one book you must read before you start Infinite Banking. And why you should read it before talking to an advisor. (0:54)
• Why you shouldn't just depend on podcasts–even mine–to get your all knowledge about Infinite Banking. (2:53)
• Surprising reason your IBC practitioner doesn't want you to have "total confidence" in them. (3:33)
• What does an IBC consultation look like? An inside look at what you can expect. (4:31)
• The "start with the end in mind" way to ensure your IBC plan works in your best interest from the start. (10:04)
• What to expect in underwriting, and a little known way to accelerate the underwriting. (11:54)
• Need perfect health to qualify for life insurance? What underwriters are really looking for. (12:31)
• How a good IBC practitioner keeps watching out for you after the contract is signed. (14:13)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)