Whole Life Insurance as Your Alternative Bank | With Garrett Gunderson
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- Опубликовано: 28 авг 2024
- What does the process look like to borrow against a whole life insurance policy to use for investments and assets? Is infinite banking really a better alternative to conventional banking and loans? Garrett Gunderson and I walk through personal examples of how we've utilized our whole life policy's cash value to grow our assets and businesses as well as answering some of the most fundamental questions we are asked about overfunded whole life insurance.
Learn More About Overfunded Whole Life Insurance - bttr.ly/vault
WEBSITE: betterwealth.com
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Learn More About Overfunded Whole Life Insurance - bttr.ly/vault
Great conversation! The point about Jesus and Breaking Bad at the end was hilarious to think about lol
Most of the discussions are geared toward people who have some time left for this process to mature. I haven't found someone who had answers for someone starting at 70 with a little money, but not $1M.
Well that's because the natural flow of money is that interest + time = strong accumulation. This is education is so that a client doesn't get to that point and that would be the case rather your discussing IBC or Buy term and invest the difference. The only answer at 70 to help is Fixed indexed annuity but even that there has to be a fair amount in the rollover to help.
Three little takeaways:
“I like that this is predictable. It doesn’t have to be my most exciting asset.”
“Why not have a Fixed Income Portfolio that comes with a lot of benefits like……..”
“My wife likes knowing we have it.” Wow, was this last one ever good.
Thanks for posting a little more of your conversation…….you dripper you. 😅😂
Great takeaways! The last one especially haha!
How much would be interest if you borrow the money against your death benefits or cash value?
I’ll be reading that book!!!
Breaking Bad happened coz the MC didn't have life insurance! Haha
Crazy to think about 😂
@@BetterWealth hey, how would all of this would work in India... What is the best place I can look up to, to find more info?
Caleb: your friend was not too far off. Jesus was & IS in the Life Assurance business and we are his ambassadors/messengers to pass His information on to future generations... sound familiar? 😂😊