Tag Archives: Infinite Banking
Case Study: Succession Planning using Infinite Banking & Tax-Free Retirement Income, available in an Expertly Structured IUL.
The Situation: James Johnson was a solopreneur trucker. He owned an 18-wheeler making cross-country deliveries and earning approximately $30,000/month. He was 50 years old and in good health. He had $150,000 in a savings account earning .05% a year. The … Continue reading
Infinite Banking – Whole Life Vs. IUL
Infinite Banking is a concept that involves using specially designed life insurance policies as a financial tool for personal banking and wealth-building purposes. Two common types of insurance policies used for this strategy are Whole Life Insurance and Indexed Universal … Continue reading
Tagged Infinite Banking, IUL, Whole Life, Whole vs IUL
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Two Sides of the Same Coin
Two sides of the same coin. If you create an infinite bank (infinite banking), you are also creating a tax-free retirement account. If you are creating a tax-free retirement account, you are also creating an infinite bank. Infinite Bank (Infinite … Continue reading