Did you know that a whole life policy can play a big part in not only protecting your wealth, but also adding to it? Most of us are familiar with the protection aspect of a life insurance policy, which is the death benefit. But there is the second aspect which a lot of people would find very beneficial which is here you can also invest your money, get a 4% guaranteed compounding interest and get tax-free benefits when it comes to using that money whether as a supplement for your retirement or taking a loan out of it. Given the current economic situation with the market meltdown, a lot of people would be benefited by this fact that if they check out the financial aspect of a cash-value whole life policy.
You go to your bank for the cash flow and financial security and try to increase your wealth, but what if you can own your own lifestyle by being your own banker with the infinite banking concept. But the million-dollar question is, if you have more liabilities than assets, how can you turn the tide around? Have you ever thought about erasing debt with infinite banking and making it a part of your retirement planning, but you always had more month left at the end of the money? Did you ever want to save money and erase your credit card debt, by turning your liabilities into assets, but did not know where to start? Then this video is for you.
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