Infinite Banking Mastery

You've got plenty of life left to live, so you don't want to think too much about all the expenses involved when you die.

But that's dangerous, because without proper planning you could leave your loved ones a nightmare, even if you have a fortune in hard assets.

Today I'll share the most common financial obligations that show up when you pass away. Knowing what these are will help you plan so your family has the cash it needs if something unexpected happens to you.

Listen now!

Show highlights include:

• The "Big Five" death expenses. Overlooking even one of these could blindside your family and your finances. (1:11)
• Secret tactic, already used by mega-estate owners, to shield yourself from more taxes. (2:46)
• Why knowing a good estate attorney is worth the effort, and where to look to find one without hassle. (3:45)
• Startling truth about medical costs, and how they can derail your loved ones' ability to receive your death benefit. (6:54)
• The "scrounge and scramble" way to make sure your family is miserable and struggling to make ends meet without you. (8:09)
• Can't start a whole life policy now? What you should do immediately so your family isn't vulnerable. (9:20)

Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

If you have disability coverage at work you probably think you're "all set" if something happens.

But the truth is, most coverage offered by employers hides terrible surprises. Surprises that mean you'll get a lot less than you think, if you ever need to collect benefits.

Waiting until disability happens is too late to protect yourself. You need to take a closer look at that coverage NOW.

So in today's helpful episode I'll tell you exactly what to look for in that work-provided policy so you don't get blindsided.

Don't have coverage from work? I'll also explain the key points of both short term and long term disability so you'll know how to find coverage that works for you.

Listen now!

Show highlights include:

• Key questions to ask about your existing insurance so you don't get burned when you need the benefits. (1:20)
• The "Uncle Sam" surprise waiting for you if your employer buys your coverage. Know this so you don't get a smaller disability check. (4:17)
• "Exclusion Inclusion." Why you should still consider that policy even if it has some exclusions. (9:15)
• High-earner blindspot that keeps you financially vulnerable to disability, even though you think you're covered. (10:45)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard people use that dreaded "D" word…

Disability.

It's dreaded for good reason, because even temporary disability can demolish your savings. And yet, so many people don't give this danger a second thought. They leave themselves completely exposed to catastrophe.

But you don't have to be one of them! In today's episode I'll explain just how serious this issue is, and how to protect yourself from a financial disaster waiting to happen.

Already have disability insurance? I'll also tell you what to look for so you can be sure you've got the right amount of coverage for you.

Listen now.

Show highlights include:

• The surprising #1 cause of bankruptcy in America. Can strike in an instant, and you aren't immune. (1:30)
• Your "two most valuable assets." They aren't what you think they are, and they're exponentially more important than all the rest. (2:57)
• Simple insurance riddle that still baffles millions. Do you make the same dangerous mistake? (3:20)
• Alarming disability statistics that dismantle the "it could never happen to me" myth. Shock yourself out of complacency with these cold hard facts. (5:00)
• How to know if that group disability insurance plan your work provides is really enough coverage. (7:31)
• Surprising reasons your work disability coverage could leave you living off half your income when you need the money the most. (8:01)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

You know the appeal of "being your own bank" and how you can use your IBC system to effectively give yourself a loan.

And since you know those loans would ultimately be taken out of your death benefit, you might be thinking "Why not borrow the money, and then never pay the loan back?"

It's easy to think this way. But in today's episode I'll explain why this is not a good idea.

You'll see why it's in your best interest to pay those loans back as you build your IBC system for the long haul.

Listen now!

Show highlights include:

• Best loans ever? Why life insurance policy loans sound too good to be true. You'll never find these features at commercial banks. (1:33)
• The pleasant surprise that happens when you make a payment on a life insurance loan. (3:16)
• How to wrangle consumer debts so you can pay them off faster without making bigger payments, or sweating how it affects your credit score. (5:13)
• IBC's "nuclear option" if you're struggling to repay your life insurance loan. Not ideal, but it beats bankruptcy. (8:09)
• How to avoid the retirement shock that could catch you off guard and and unable to cover expenses. (10:21)
• The "180 effect" retirement has on your IBC strategy so you can live worry-free after your career. (11:01)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

Nobody looks at the terms of a loan and thinks "I wish I could pay higher interest on this!"

So you might look at loans you make to yourself through your IBC the same way: "I'll just pay back at the low rate the insurance company charges, and no higher."

Believe it or not, thinking like this could cost you! And prevent you from increasing your financial freedom through IBC.

I'll explain why in today's podcast. You'll see why it makes sense to pay yourself a higher interest rate, and how to use that higher repayment to turbocharge your banking system.

Plus, you'll know exactly how to handle this, so setting it up is simple and frustration free.

Listen now!

Show highlights include:

• Why you should keep your interest rate options open, instead of blindly accepting what the insurance company charges. (0:35)
• The "don't steal the peas" strategy to make sure you repay your loans for your own best benefit. (2:30)
• How treating yourself like an honest banker helps you set the optimal interest rate for your loan. (3:22)
• The "clean accounting" way to repay your loans when you choose a higher interest rate than the insurance company charges. (4:22)
• How to use the extra interest you paid yourself so you can further grow your banking system. (9:24)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

There are different ways to structure a whole life policy. And that's great, because you can tailor your policy to your needs and goals.

But with all those options, you've got to be careful!

That's why today we're talking about the 90/10 policy structure. Some advisors really push it. Maybe you've heard it's a great idea. But in my experience, it's almost always the wrong way to go.

So in this episode I'm explaining why it's so risky…

And I'll tell you the rare occasion when it does make sense.

Plus, I'll share what you and your advisor need to do (no matter how you structure your policy) to make sure it will perform how you want it to, without any unwelcome surprises.

Listen now!

Show highlights include:

• The irreversible consequences if your policy "MECs". Including its impact on your taxes. (2:20)
• A brief history of income tax rates, so you can know how to plan in case they return to meteoric levels. (4:26)
• How treating Uncle Sam as a business partner helps you make better decisions. (5:04)
• The "rocket fuel" reason to have a sizable base premium for your policy. (8:14)
• Why your "boring mail" could ruin your chance to save your policy from becoming a MEC. (16:56)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

You've heard of Dave Ramsey. So you probably know one thing he loves almost as much as cutting up credit cards is putting down whole life insurance.

Since he's helped so many people learn how to budget, and how to get out of consumer debt, it can be easy to think he really knows everything he talks about.

But when it comes to whole life insurance, that's simply not the case.

In today's episode I'll prove it by tackling several complaints Dave gives against whole life so you can separate genuine concern from uninformed claims.

You'll see that with the help of an IBC practitioner, whole life insurance is a wonderful asset. And you'll notice how one's attitude about whole life changes dramatically when you look at it as an asset instead of treating it like an investment.

Listen now!

Show highlights include:

• The "lump" mistake Dave Ramsey makes that muddies the water, making it hard for you to understand the benefits of whole life insurance. (1:05)
• Why whole life and universal life are not the same, and why universal life can jeopardize your coverage when you need it most. (3:20)
• An "outright false" argument about the early years of a whole life policy. Don't let it scare you away from getting started. (4:23)
• The amazing shrinking death benefit. Why IBC shrinks the death penalty on purpose, and how it helps you save money in the long run. (6:14)
• Access Denied? Why you absolutely do not have to wait until you're dead to access your policy's full cash account. (7:04)
• How the process of "BYOB—Be Your Own Banker" can outperform conventional investments, if you are diligent about the process. (10:08)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

You want to get started with IBC. But where will you find the money to get started?

Your monthly budget is already stretched too thin. And you're trying to pay off credit cards or other consumer debt.

Taking on a whole life insurance policy is impossible. Or is it?

It turns out, there are plenty of places you can look to find the funds you need. So you can start securing your financial options for life, retirement, and beyond.

Listen now and I'll show you where those funds are hiding.

Show highlights include:

• Should you scale back retirement investing to fund your IBC? (1:26)
• Uncle Sam might be drooling over your retirement savings. Here's how to protect yourself in case taxes skyrocket. (3:05)
• Surprising way high insurance premiums make you more likely to hit your retirement savings goal. (4:46)
• Why waiting until you're debt free to start IBC puts you "behind the 8-ball" and keeps you in debt longer. (5:52)
• Expecting a tax return in 2024? How to use it to start your IBC policy now. (11:51)
• The "blink of an eye" reason to get insurance while you know you're in good health. (13:50)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

People fear government programs like Social Security becoming insolvent.

And for good reason: Sometimes banks run into financial troubles, and even collapse.

So maybe you've wondered: If I'm going to pay life insurance premiums for years on end, how can I be confident the company will have the money to pay the death benefit to my loved ones when I pass away?

Insurance companies are businesses. So, of course, there are no *guarantees* they won't fail.

But in today's episode, I'm going to pull back the curtain so you can see the different strategies insurance companies use to ensure they can deliver for you when you need it. Also, keep this in mind: While life insurance companies only fail once in a blue moon, if they do, another company always comes in to purchase their assets. Those assets are your life insurance contracts.

You'll also discover one key difference between banks and insurance companies that should give you peace of mind about insurance (even if banks are having problems).

Listen now!

Show highlights include:

• How to use "century thinking" so you don't get duped by a get rich quick scheme that takes your hard-earned money. (2:43)
• Why bonds are so attractive to life insurance companies, and the two bonds they love the most. Shows you how serious they are about protecting your policy. (3:15)
• Why life insurance companies might own your office building, and the strip mall you shop at (and how this protects your investment) (3:28)
• How to buy stocks like expert investors: insurance companies! (4:14)
• The practical reason you're still charged interest when you borrow against your own policy. (5:15)
• Why banks have a different attitude about cash reserves that makes them vulnerable in ways life insurance companies aren't. (6:30)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

Most people hear about whole life insurance policies and only think about the benefit it pays their family when they die.

But the death benefit barely even scratches the surface of the wealth-building secrets IBC offers.

And even if you know about using whole life insurance as part of your IBC system, you might not realize how many things you can do with it.

So in this episode I'll share seven different ways you can use IBC. You'll see how IBC offers you flexibility that other financial planning methods can't match.

Listen now.

Show highlights include:

• Lost-in-time savings advice, neglected since the 80s, that can outperform other investments without the market's ups and downs. (1:35)
• Paying 14% or higher interest on your credit cards? Here's how to use your whole life policy to slash those rates by at least 10 percentage points. (2:50)
• The "Be Your Own Banker" way to take control of your debt and instantly boost your credit score. (3:47)
• How to use whole life insurance to protect your family for generations. Do this and they'll never need to borrow from a bank. (7:29)
• How business owners use whole life insurance policies to reward their top employees and protect their enterprise from collapse. (8:29)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)