Infinite Banking Mastery

Facing unexpected life events, like job loss, illness, or financial disruptions, can make funding your Whole Life policy feel overwhelming, especially in the early years.

Closing your policy doesn't have to be your only option. I'll share multiple strategies for navigating difficult times without sacrificing your progress.

From flexible premium payment solutions and leveraging policy loans to reducing payments and keeping your policy intact, I'll explain how you can continue to build a legacy.

Remember: there's always a solution to keep your Infinite Banking plan on track.

Listen now!

Show highlights include:

• Why you don't need to let a funding crisis scare you into terminating your Whole Life policy early. (1:27)

• How Whole Life provides a grace period to catch up on your premium. (2:38)

• Flexible options available for changing premium modes, and adjusting PUAs and base premium funding. (3:01)

• Optional lifeline of borrowing against your policy, or another Whole Life policy, to fund premiums and repay on your own terms. (4:42)

• Leeway to lower the overall premium if it won't trigger MEC status. (6:11)

• Going the "reduced paid-up" route as a last resort to prevent policy lapse and salvage some benefits. (6:35)

• The long-term value of completing the first seven years of Whole Life funding before surrendering or converting to a RPU. (9:56)

• How the "Waiver of Premium" rider will waive premiums and continue coverage if you become disabled. (11:37)

Reach out to me:

[email protected]

https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

As people become more knowledgeable about the Infinite Banking Concept I find myself often answering a question I used to rarely hear: "Which is best: Direct Recognition or Non-Direct Recognition?"

If you've ever wondered the same thing, then this episode is for you. Because I'll share what these terms mean, what difference they actually make, and how much they should really factor into your decision.

I'll also share how at least one company has approached this differently by giving clients the ability to switch between the two.

Listen now!

Show highlights include:

• What direct recognition and non-direct recognition mean, and the impact each one has on dividends. (2:01)

• How loan rates differ depending on the recognition type you choose. (3:24)

• What to know about variable loan rates and how heavily the changes can impact your repayment. (3:45)

• Why one company developed innovative contracts that let clients switch between recognition types. (4:59)

• Sample strategy for when to switch between direct and non-direct recognition for optimal policy growth. (7:45)

• Nelson Nash's real answer when I asked him which recognition type is better. (11:09)

Reach out to me:

[email protected]

https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of Don't Steal From Yourself, originally aired on May 11, 2023.

Banks potentially steal tens of thousands of dollars by the time you retire.

How?

With compounding interest.

I know, not a revolutionary concept, but considering how a loan for a $30,000 car actually costs more like $40,000 when you factor in an 11% interest rate...

Banks steal from you every day you're paying back a loan — (well actually, you are willingly throwing extra money at them!)

That's the bad news.

The good news?

You can avoid paying the banks ANY interest (and pay yourself that interest.)

And when you do this, you're going to potentially retire with a larger nest egg, because you're saving up that excess interest (and not forking it over to Wells Fargo or some other greedy banker.)

So, if this excites you, then read on.

In today's episode, you'll discover how to stop stealing money from yourself.

Listen now!

Show Highlights Include:

• Why paying yourself back with interest allows you to grow a large nest egg by the time you retire (a much bigger savings pool than if you housed your money at a bank) (2:48)
• Interested in setting your own interest rate? Try an "Amortization Schedule" (3:35)
• How to borrow money to invest in short-term rental properties (and continue to grow the overall cash value of your personal banking system at the same time) (4:02)
• A simple "trick" to potentially save tens of thousands of dollars towards your retirement (and stop forking over this money to your bank) (4:42)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of IBC vs. Non-IBC Style Policy, originally aired on May 4, 2023.

Whole life insurance is a terrible place to invest your money.

And that's because life insurance is an asset, not an investment.

With infinite banking, you're housing your money there as opposed to housing it with a bank. And from there, you can invest it however you want — pay off your house, debt, invest in short-term rental properties, etc.

The trap Dave Ramsey and other financial gurus fall for is thinking that all whole life insurance is the same.

But it's not.

In fact, there's a huge difference between IBC and a non-IBC style policy.

And in today's episode, I reveal the difference between the two.

Listen now!

Show Highlights Include:

• What financial gurus like Dave Ramsey get dead wrong about whole life insurance policies (1:18)
• How you could end up with $0 in your life insurance policy if you make this simple hiring mistake (3:34)
• The "snowball effect" you can use to build up your retirement savings (7:05)
• How to pay lower premiums (and make your cash more efficient) (8:36)
• Not sure how much you should put into your policy each year? Here's how much you should pay per year to get the most out of your personal banking system (9:26)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of Universal Life vs. Whole Life for IBC, originally aired on April 27, 2023.

One of my new clients woke up with $0 in her life insurance policy after 33 years of funding.

Worst part?

Her premium was about to increase 1,300%.

Yep, 1,300%!

I tell you this because if you don't know any better, you can choose a life insurance policy that's not optimal for your personal banking system.

Many people make this mistake when getting started in IBC.

But in today's episode, you'll discover how to avoid waking up with $0 in your life insurance policy.

Listen now!

Show Highlights Include:

• How to access 50% of the death benefit on your whole life insurance policy BEFORE you die with a "CR" (2:03)
• How to potentially de-risk investing in the S&P 500 (10:18)
• Why an IUL could leave you with $0 in your savings account by the time you retire (14:24)
• How these 2 types of life insurance policies legally puts all the risk of managing your money on you (17:22)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

This is an encore episode of Term Insurance, Good or Bad?, originally aired on April 20, 2023.

If you develop a serious medical condition, you can be banned from whole life insurance (or any life insurance contract!).

This is fairly well-known, but there is a way around it: Term insurance.

With term insurance, your ability to be insured is "locked in" — even if you develop cancer or another fatal disease decades later.

Best part?

You can convert your term insurance into a whole life policy. The benefit is that you can ensure your ability to create and grow your own personal banking system.

In today's episode, you'll discover how term insurance can be an integral part of growing your banking system and how it can allow you to build upon your nest egg in the years to come.

Listen now!

Show Highlights Include:

• Interested in creating a tax-free personal banking system? Here's why you should only use whole life insurance (rather than other types of "permanent" insurance) (3:22)
• How to boost up your life insurance coverage if the whole life death benefit is too expensive (this is a great way to get started if you can't afford whole life just yet) (4:25)
• The simple way term insurance allows you lock in your insurability and open new whole life contracts (even after you might be considered uninsurable) (5:52)
• How to receive coverage after a disease that would normally leave you uninsurable with term insurance (8:19)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

When you've been trained to analyze investments based on a high rate of return, it's hard not to scrutinize Whole Life through the same lens.

But zooming in on the rate of return misses the answer to the bigger question: "How can I become my own banker?"

This episode is for you if you've dismissed Infinite Banking because the rate of return didn't look good enough. Because I'll show you a better way to think of Whole Life and IBC, and explain why conventional investment returns often look more straightforward than they really are.

If rate of return is your biggest sticking point, this might change how you see it for the better.

Listen now!

Show highlights include:

• Why "rate of return" is the wrong place to start when considering Whole Life, and what to look at instead. (1:04)
• Simple golf analogy that explains why behavior matters more than a policy illustration. (2:06)
• The "Holding Tank" mindset that shifts you from chasing returns to controlling your capital. (2:36)
• A veteran market expert's humbling confession about the limits of forecasting. (3:43)
• Overlooked reason for retirement account growth that tricks investors into thinking the market's great, even when it might not be. (5:32)
• How Whole Life provides creditor protection in many states. And why that matters more than you think. (5:56)
• What I'm really thinking when someone compares Whole Life to market returns. (6:38)
• Why calculating your rate of return with IBC isn't as simple as it sounds. (7:50)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

People have been taught to look at Whole Life as an investment, so they do! And when the returns aren't flashy like stocks, funds, and precious metals they ignore Whole Life and pour their money into something else.

But it's a mistake to think of Whole Life and investments as an "either/or" proposition. Because the truth is: you don't have to choose just one.

In this episode I'll explain the right way to look at Whole Life, and how it can work hand in hand with whatever investment vehicle you're passionate about.

I'll also explain what a licensed advisor like me legally can and cannot do to help you decide on what investments you make.

Listen now!

Show highlights include:

• Why you shouldn't compare Whole Life savings to investments, and how to view them instead. (0:54)
• Can you still use Whole Life to meet financial goals if you're already in your retirement years? The answer might surprise you. (2:04)
• Critical Catch: How your death benefit can help you even before you pass away. (2:35)
• Have questions about investment accounts? What I can and can't do to help as a licensed advisor. (4:43)
• Force multiplier that lets you leverage Whole Life for maximum benefit and still fund the investments you want. (6:03)
• Scared you'll outlive your income? Here's how I can help. (8:06)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

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)

Through the years I've talked to clients, heard stories, and learned from other agents. Through it all, the biggest financial problem is the same for everybody: You need to be in control of more capital.

For most people this is "easier said than done." But in this episode I'll show you how properly using the Infinite Banking concept helps you solve this challenge.

You'll also learn how to set yourself up to meet your short-term goals without compromising your financial future.

Listen now!

Show highlights include:

• Why thinking like a forester helps you equip your family for generational wealth. (1:15)
• The toxic belief that prevents most people from maximizing the benefits of life insurance. (3:37)
• How to balance short-term money goals without compromising big-picture IBC benefits. (4:48)
• Surprising reason to prefer a more-expensive Whole Life policy. (5:32)
• Liberating effect IBC has on the world's biggest economic problem. (11:39)
• Nelson Nash's "Two Business" advice for financial freedom. (13:11)
• Hidden truth about financing that will help you stop wasting money. (13:32)

Reach out to me:

[email protected]

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

Infinite Banking Mastery (infinitebankingnorthwest.com)