Listen "What are the Downsides of Infinite Banking?"
Episode Synopsis
It's not uncommon for people to hear about Infinite Banking and think it's too good to be true. They think there must be some downside! And while I don't believe there are any actual downsides, there are a few things that could look bad when you're just starting to learn the ins and outs of IBC. So, in this episode, I'm going to walk you through those concerns and explain what's actually happening. I'll help you see there is no "boogeyman" waiting in the closet to surprise you once you start Infinite Banking. There's just an effective way for you to make your money work better for you and your plans. Listen now! Show highlights include: The one type of person Infinite Banking cannot satisfy. (1:11) Startup Secret: How treating Infinite Banking like a business transforms what looks like a downside into a sensational benefit. (2:44) Why good advisers insist you read Nelson Nash's Becoming Your Own Banker before meeting with them. (6:54) "Premium Myth" busted: Why you don't need astronomical premiums for an effective Whole Life policy. (7:34) Real reason Whole Life premiums are higher than Term Life, and why that shouldn't scare you. (8:04) Thinking about IBC but also want investments? Overlooked way to do both instead of just one. (10:30) How to fund a Whole Life policy without a lifetime of premium payments. And how to know if this approach is right for you. (11:09) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
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