You’ve done your homework and you’re enthusiastic about the Infinite Banking Concept. But you’re concerned your advisor might not feel the same way.

Truth is, you might be right! And in this episode I’ll share different reasons more advisors aren’t on board with IBC.

I’ll also explain what you can do to make sure you can still take action on Infinite Banking, even if your advisor isn’t sold on the idea.

Listen now!

Show highlights include:

• DIY Danger: How even a finance professional can get in trouble trying to use IBC without help. (2:29)
• How to handle an advisor who doesn’t understand IBC like you do. (6:00)
• What the big banks actually do right, and how IBC lets you duplicate the strategy without risk and volatility. (7:27)
• Real reasons financial advisors might resist IBC. (7:39)
• “Why doesn’t everybody know about Infinite Banking?” The startling but simple explanation. (9:15)
• How IBC’s learning curve sends financial advisors off course. (9:58)
• Overlooked financial strategy Walt Disney and JC Penney leveraged to become household names. You can use it too! (12:41)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)

You’ve heard of Dave Ramsey. So you probably know one thing he loves almost as much as cutting up credit cards is putting down whole life insurance.

Since he’s helped so many people learn how to budget, and how to get out of consumer debt, it can be easy to think he really knows everything he talks about.

But when it comes to whole life insurance, that’s simply not the case.

In today’s episode I’ll prove it by tackling several complaints Dave gives against whole life so you can separate genuine concern from uninformed claims.

You’ll see that with the help of an IBC practitioner, whole life insurance is a wonderful asset. And you’ll notice how one’s attitude about whole life changes dramatically when you look at it as an asset instead of treating it like an investment.

Listen now!

Show highlights include:

• The “lump” mistake Dave Ramsey makes that muddies the water, making it hard for you to understand the benefits of whole life insurance. (1:05)
• Why whole life and universal life are not the same, and why universal life can jeopardize your coverage when you need it most. (3:20)
• An “outright false” argument about the early years of a whole life policy. Don’t let it scare you away from getting started. (4:23)
• The amazing shrinking death benefit. Why IBC shrinks the death penalty on purpose, and how it helps you save money in the long run. (6:14)
• Access Denied? Why you absolutely do not have to wait until you’re dead to access your policy’s full cash account. (7:04)
• How the process of “BYOB—Be Your Own Banker” can outperform conventional investments, if you are diligent about the process. (10:08)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery

There are popular trends in the industry that concern me. Because they result in policies that look good on paper, but don’t deliver like the client expects, and can even produce a policy that becomes a dreaded Modified Endowment Contract (MEC).

So when I got the opportunity to talk to a senior insurance actuary about these trends, I took advantage of it! I asked my questions so I could know from a true insider whether my concerns were reasonable or unfounded.

In this episode I’m sharing what I learned. And I’m telling you in plain language why you should ignore hype and stick with established strategies that are proven to work, without having to fear your policy ever becomes a MEC.

Listen now!

Show highlights include:

• How overcompetitive agents could be setting up innocent clients for expensive tax bills. (1:51)
• “Illustration Illusion.” What to look for in an agent’s illustration so you don’t assume unnecessary risk of MEC. (3:30)
• Counterintuitive reason a higher base premium is good. And why a lower base premium could cost you in the long run. (3:45)
• What your Whole Life Insurance company could be overlooking that lets you MEC without warning. (5:16)
• Nelson Nash vs. Modern Developments. Is there a better way to do IBC, or does his original advice still hold up? (6:09)
• How a popular feature of IULs actually makes them more risky. (7:18)
• Why you should start a Whole Life policy with a premium at the top of your budget, instead of starting low. (9:53)
• Costly surprise IUL illustrations leave out that could jeopardize your income in retirement years. (11:46)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509

Infinite Banking Mastery (infinitebankingnorthwest.com)