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In this episode, I talk about one of the most common arguments against dividend whole life insurance and infinite banking: the internal rate of return.
While internal rate of return is important, it shouldn't be the only thing we look at when deciding if infinite banking with dividend whole life insurance is right for us or not.
There are many other benefits that we get that are outside of the internal rate of return of the policy that are difficult to put a rate of return on.
Hope it helps!
Main website: https://www.millennialwealthcreator.com
Watch this episode on YouTube:
👉 https://youtu.be/l9XY5idbyRE
FREE Infinite Banking Masterclass:
Disclaimer: Everything in this video is for educational purposes only and not meant to be financial, legal, or investment advice of any kind. Please speak with a licensed professional before making any decisions.
Here's the deal. I don't care if people bash Infinite Banking.
There are lots of financial products and strategies that I do the same thing to.
But if you're going to hate on Infinite Banking, you better bring the facts.
Unfortunately, the video that I react to, which is supposed to teach you everything you need to know about Infinite Banking before it's too late, doesn't do that.
In fact, she doesn't really say anything about Infinite Banking, or even dividend paying whole life insurance.
The entire video she's actually calling out universal life insurance of all kinds and the wildly misleading marketing practices around it, which I agree with her on 100%.
But that has nothing to do with Infinite Banking and whole life insurance.
That's why this type of content is extremely misleading in my opinion because it makes people associate Infinite Banking with something that has nothing to do with when implemented correctly.
It's a shame because I actually agree with many of the things the host says about universal life insurance.
Hope it helps!
Main website: https://www.millennialwealthcreator.com
FREE Infinite Banking Masterclass:
Watch this episode on YouTube:
👉 https://youtu.be/cPdWKbn2kSA
Disclaimer: Everything in this podcast is for educational purposes only and not meant to be financial, legal, or investment advice of any kind. Please speak with a licensed professional before making any decisions.
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