Often people refer to the Infinite Banking Concept (IBC) as synonymous with dividend paying whole life insurance. While it is true that a whole life policy is key component and to be sure a powerful asset, it is not infinite banking in and of itself. Infinite Banking entails a broader strategy which, as a starting […] Read more
What are Fixed Index Annuities and How Do They Work? Fixed indexed annuities, aka equity indexed annuities are a type of fixed annuity, but they have a bit more to offer. For instance, these flexible financial vehicles provide the opportunity for upside market-linked growth, while at the same time keeping principal protected from market downturns […] Read more
Life Insurance Statistics Coverage trends that could provide you with even more protection! Around half of American families would have a difficult time financially if the primary wage earner were to die. Replacing the primary income in a household is just one of the many ways that life insurance can provide a financial safety net […] Read more
A key component of financial and retirement planning is safety – and part of keeping your assets protected is ensuring that your loved ones won’t have to struggle financially when you are gone. One of the best strategies for doing so includes purchasing life insurance. The proceeds from these policies can be used for a […] Read more
If you follow sports, play sports professionally, or just for fun, you are likely familiar with the exorbitant salaries and bonuses that many top athletes receive…in some cases generating 7- or 8-figures per year. But, while such significant paychecks can provide mansions and fleets of high-dollar sports cars for these icons, it’s a different story […] Read more
If you’re looking for ways to maximize your available cash, while at the same time reducing – or even eliminating – the amount of tax that you’ll have to pay in order to access it, a life insurance policy could provide you with a solution. While many people think of life insurance coverage only for […] Read more
Most people do not enjoy paying taxes. This is true both before and during retirement. But what many investors do not realize is that funds in traditional IRAs that grow on a tax deferred basis right now will eventually be taxed – and if future income tax rates are higher than they are today (as […] Read more
One of the best-selling financial books of all time, Robert Kiyosaki’s Rich Dad Poor Dad is a tour de force of simple but powerful advice for improving your financial position. From suggestions for how you can approach investing from the standpoint of generating cash flow rather than incurring debt to ideas for reframing your thought […] Read more
The following article is a direct transcript of our webinar Paid Up Additions for Whole Life Insurance. We have linked out to other articles when necessary to give our readers more information about a particular subject. Additionally, there are a few times where we have added additional content where we felt it would benefit the […] Read more
The following transcript is from our video “Using a Fixed Annuity to Fund an Infinite Banking Policy [4 Benefits].” You can watch the video and follow along with the transcript below. Steve Gibbs: Hey guys. Thanks for checking out this video. So today is going to be a great, well short, webinar demonstration from one […] Read more
