E135: Advanced Life Insurance Strategies of the Wealthy You Can Use Today

01/03/22 • 27 min

In this episode, we discussed the advanced life insurance strategies that the wealthy have been using for years. Whole life insurance is one of the most commonly used assets for high net worth individuals, from executive-level compensation packages to transferring large estates. We wrap up by discussing how the infinite banking concept is the one strategy that can be utilized by anyone, regardless of their economic position.

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e135

Topics Discussed:

Uncovering how high network individuals use IBC
The strategy Jim Harbaugh, coach of the University of Michigan
Why the death benefit is the least interest aspect of a whole life insurance policy
What is premium financing and how does it work
How to use irrevocable life insurance trusts to beat the death tax
Why Walmart was taking out COLI policies on all their employees

Episode Resources:

Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e135

Topics Discussed:

Uncovering how high network individuals use IBC
The strategy Jim Harbaugh, coach of the University of Michigan
Why the death benefit is the least interest aspect of a whole life insurance policy
What is premium financing and how does it work
How to use irrevocable life insurance trusts to beat the death tax
Why Walmart was taking out COLI policies on all their employees

Episode Resources:

Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Previous Episode

E134: Is an Investment Rate of Return Bias Leading You Astray Here?

In this episode, we discuss how focusing on the rate of return can be very misleading. We'll also share how using the infinite banking process can help you make more money on every investment opportunity that comes your way.

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e134

Topics Discussed:

What rate of return is often abused by people offering investments
How rate of return can be helpful and sometimes deceptive
Games played with the average rate of return that can trick you
Factoring risk into the equation
How IBC is a banking strategy and why it is not an investment
Understanding the real goal of the infinite banking concept
The ways IBC differs from investment opportunities
How infinite banking can enhance rate of return

Episode Resources:

Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/

What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/

Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

Next Episode

E136: Why People Easily Confuse IBC for a Get Out of Debt Hack

In this episode, we discuss how infinite banking is not a get out of debt system and why that thinking easily confuses both the novice and the experienced infinite banker.

~ Access our Masterclass FREE to podcast listeners here:

https://livingwealth.com/secretbanking/

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e136

Topics Discussed: