Скачать или смотреть High Cash Value and Long Term Growth: Infinite Banking Concept

High Cash Value and Long Term Growth: Infinite Banking Concept
https://themoneyadvantage.com/high-ca...

👉👉 Want the Exact 🏦Privatized Banking🏦 Strategies Our Clients Are Using to Build Financial Freedom? CLICK HERE For the #1 Secret: https://privatizedbankingsecrets.com/...

👉 👉 Listen to The Money Advantage podcast: https://themoneyadvantage.com/subscri...

Today, I want to talk with you about how to design the right financial tool that helps you accomplish the purpose of Infinite Banking (Infinite Banking - IBC).

Before we proceed, I want to make sure we're on the same page with privatized banking. We're talking about how do I take over the banking component in my life in a way that allows me to:

1) Store capital that I can use for emergencies and opportunities, where I can have safety, liquidity, and growth, meaning it's not going to drop in value
2) Access and use this money, meaning I can get to it when I want it, and it's growing
3) Earn uninterrupted compound growth, meaning when I use the money, it doesn't stop growing, so I can borrow against it, using it as collateral instead of taking out my capital, so that it can continue to grow
4) Have a rate of return that is competitive and keeping up at least with inflation
5) Continue earning a rate of return when I put those dollars to work in an opportunity or an investment vehicle, earning returns in two places at the same time

So what tool allows us to accomplish this?

The ideal tool we have discovered to help you accomplish those purposes is specially designed whole life insurance.

When designing a life insurance product, there are many different levers and adjustments that can be made to maximize its usefulness to you.

Many people are not aware of how to make this as efficient as possible for you.

When we are looking at a whole life insurance contract, there are three parts.

1) Premium: what you are putting into the policy, you can think of it as the deposit if we are thinking of a bank account.
2) Death Benefit: the benefit that pays out when you die.
3) Cash Value: It's like the equity inside the policy. It's what you can access and use.

With the infinite banking concept, we want to maximize the cash value, but we don't want to give up the long-term growth of this asset.

Think of it as a teeter-totter, in a playground. On one side, we have early high cash value. On the other side, we have long-term growth.

Often there is a trade-off, and one or the other is really in play, and we sacrifice and give up the other. So when people design a typical whole life insurance policy, they will have a high death benefit and high long-term growth, but they give up the early cash value.

We want to make sure that you're maximizing both and finding that tipping point that's ideal for you so that you can maximize the utilization of the policy in your life.

How do we do this? Well, one of the main levers is the premium ratio, the type of premium that you put into the policy. There are two main types that I want to share with you today, and these are just some of the features and the design structure and elements that you can change within a policy.

The first type of premium is called base premium. Now, what this does is it builds up a lot of death benefit and long-term growth.

Many typical whole life policies have all base premium, and that means that they're going to have a high death benefit, but they're going to have little cash value up front.

There's another type of premium called a paid-up additions rider. This premium builds high early cash value.

Base premium is kind of like a mortgage payment. If your death benefit is the value of the house, your mortgage payment is a small contribution towards that overall home value. What's happening is over time, you are putting in those small incremental mortgage payments, which is your base premium payments and over time, you're building that cash value, which is going to equal your death benefit.

The paid-up additions rider is different. It's like buying a small rental property outright. What happens here is that this death benefit is a small amount, but you are fully paying for it. No more premium is due for that portion of the death benefit.

So with the base premium, you're making a small payment for a large death benefit over time, and you are buying that death benefit. Over here with the paid-up additions rider, you already purchased that death benefit, and you are having the full amount of equity available.

We want to have high cash value but also the most long-term growth. We don't want just one or the other.

#InfiniteBankingConcept #BecomingYourOwnBanker #BankOnYourself #InfiniteBanking