When you’re trying to figure out how much life insurance coverage you should get, you might hear the term “Human Life Value.” But what does that mean?

If you’re not sure, then this is an episode for you. I’ll explain what it is and how it’s calculated. I’ll also explain different methods you can use to get an idea of how much life insurance coverage you actually need.

Listen now!

Show highlights include:

• How insurance companies calculate coverages for age groups. Examples from a real underwriting guide. (1:06)
• Why a homemaker should have life insurance, even if they don’t earn a nickel. (1:59)
• What “Human Life Value” actually means, and how it’s calculated. (3:57)
• The “10 Times” rule for estimating your life insurance need. It’s popular, but is it accurate? (4:29)
• How group life insurance could trick you into miscalculating your coverage needs. (5:36)
• Do you need life insurance if you’re wealthy and have lots of assets? Here’s why the answer is usually “Yes.” (10:09)

Reach out to me:

valerie@alphaomegawealth.com

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

Infinite Banking Mastery (infinitebankingnorthwest.com)

Some people protect their retirement savings from risk while they’re working, but don’t think about how to protect it after they retire.

But this is a mistake, because there are plenty of threats to your income during retirement. If you don’t think about them ahead of time, you could be vulnerable when you can least afford to be.

That’s why in today’s episode I’m sharing the most common threats to your future income. I’ll also help you see your options to protect yourself from these potential risks.

Listen now!

Show highlights include:

• Retirement “money myth” that tricks people into saving far less for retirement than they should. (1:22)
• Frustrating way tax brackets complicate retirement planning, especially if you plan well. (1:40)
• Biggest risks while saving for retirement, and after you’ve retired. (2:36)
• Why living longer complicates retirement, and how to keep the blessing of longevity from becoming a curse. (2:53)
• How to shield yourself from unexpected medical expenses that can bleed your savings dry. (4:48)
• Surprising “Triple Tax Advantages” of Health Savings Accounts. (8:27)
• How married couples can leverage Whole Life insurance to fight inflation in retirement. (10:15)
• Haven’t been saving for retirement? Here’s why to start today. (11:58)
• Why you should ignore the “Save 10%” rule, and what to do instead. (12:46)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

Planning for future income for that time when you are no longer working or are working less, is important, and with so many options it can be confusing to know what you should do.

And if it weren’t hard enough already, it gets even more complicated when you factor in taxes on that income.

I’m here to help!

Listen now!

Show highlights include:

• Have a pension? Three reasons to hang onto this increasingly rare retirement benefit. (1:52)
• Common Social Security miscalculation couples make that could leave you hurting while heartbroken. (3:16)
• Why life insurance is critical if you’re depending on Social Security. (4:15)
• Why your tax bracket matters. (5:56)
• Today’s market volatility is bad enough. Now learn about the hungry “money monster” waiting to eat a chunk of a certain savings account when you retire. (6:57)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

You know you can borrow against the cash value of your Whole Life insurance policy. But you’re thinking about a conventional loan like a mortgage or a HELOC. Will your life insurance loan be a red flag to the bank? How much will it matter?

In this episode I’ll explain how the banks really view life insurance loans, and why you shouldn’t let one scare you into thinking you couldn’t get a conventional loan.

I’ll also share a little more on last week’s topic to help you appreciate the importance of having your own life insurance policy that’s yours no matter where you are or what you’re doing.

Listen now!

Show highlights include:

• Why you’re skating on thin ice if you only have insurance coverage from your employer. And what to do before you find yourself underwater. (2:07)
• What to look for in life insurance explained in one minute. (3:25)
• Fine print to look for so you can know if that Term Life plan is flexible enough to convert into permanent coverage you’ll actually want. (3:57)
• Why banks don’t care how much you’ve borrowed from your life insurance. (7:29)
• Unique insurance company practice that confuses loan officers at conventional banks. How to keep it from derailing your loan application. (9:01)
• How to leverage the benefits of Whole Life insurance and build your credit at the same time. (10:05)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

You know life insurance is important, but you’ve been putting it off.

Waiting until you can afford a Whole Life policy, instead of just Term…

Or until you can qualify for a better health rating…

Maybe you’re “on the fence” about Infinite Banking and want to sort it all out before putting money into an insurance policy.

Whatever the reason, if you don’t have life insurance this episode is for you. I’ll explain why the risks of waiting are so great that not having life insurance is something you need to fix immediately.

Listen now!

Show highlights include:

• Now or later? Why you should get life insurance even if you’re still undecided about implementing the Infinite Banking Concept. (1:01)
• When getting Term Life insurance might be better than a Whole Life policy. (2:32)
• How Term insurance today can save you a troubling medical exam later. (2:56)
• Can you get new life insurance after surviving cancer? Maybe, but you shouldn’t count on it. (3:10)
• Why life insurance is critical for small business owners. (5:38)
• How GoFundMe campaigns fall short, and why you shouldn’t depend on them despite their wonderful intentions. (9:32)
• Surprising reason to get disability coverage, even if it excludes a problem you already have. (10:57)
• Why locking in coverage at a lower health rating–and higher premium–is better than waiting until your health improves. Even if it really does! (12:22)

Reach out to me:

valerie@alphaomegawealth.com

https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)

You know it’s important to have money in the later years of your life. And you might think the conventional wisdom must be the safe way to go.

But you need to listen to this episode first! I’ll explain why following the crowd might be the worst thing you could do, and what to consider before making that decision.

Listen now!

Show highlights include:

• Why it’s a mistake to view Whole Life Insurance companies as carbon copies of one another. (1:05)
• How Whole Life companies are defying the stereotype of being “behind the times” with technology. (1:45)
• “Co-owner Effect” you must achieve with a mutual company. Walk away if they don’t do this! (2:19)
• How to lose 30% of your life savings in just one month, without going to Las Vegas. (3:34)
• Shocking realization from the 2008 market collapse that forever changed my perspective on client advice. (5:02)
• Simple exercise to counteract stress’s physical impact on your body. (6:01)
• Pensions are vanishing in the U.S. Here’s how to make your own. (7:54)

Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)

I just returned from this year’s IBC Think Tank. Not only did I have the privilege of presenting, I also learned from some of the top minds in Infinite Banking today.

Today I’m sharing the highlights of the event with you, so you can know what’s relevant in Infinite Banking right now, and be equipped to make good decisions with your financial planning.

Listen now!

Show highlights include:

• How Nelson Nash’s first policy proves IBC can work even with a “plain” whole life policy. (3:22)
• The two vital components of a “MEC Resistant” policy so you can avoid a surprise visit from Uncle Sam. (4:17)
• Dividend Difference: Why dividends aren’t identical for Base premiums and Paid-up Additions premiums, and which one is higher. (5:03)
• Why the “Honest Banker” concept isn’t just for repaying your loans. (5:54)
• Are Wall Street “pirates” plundering your retirement assets? Shocking facts about the U.S. economy compared to European nations. (8:33)
• What “buy term and invest the difference” advocates ignore when steering people away from Whole Life insurance. (10:11)

Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)

Velocity Banking is getting a lot of attention, and many people are confusing it with Infinite Banking.

While there are similarities, these two concepts have different main goals. In this episode I’ll explain those differences so you can see why, for most people, Infinite Banking is the robust solution. You’ll also learn how Infinite Banking can help you achieve most of what Velocity Banking does, without taking on all the volatility and risk.

Listen now!

Show highlights include:

• Why Whole Life insurance remains fundamental to Infinite Banking after all these years. (0:57)
• The “one track mind” of Velocity Banking and how this hyperfocus can cut years off your mortgage. (2:57)
• Rarely-mentioned reason most people considering Velocity Banking would fail if they tried it. (5:09)
• Big picture considerations ignored by Velocity Banking, but not by Infinite Banking. (6:49)
• How to use Infinite Banking to get similar results without the risks and headaches of Velocity Banking. (7:15)
• Why Velocity Banking only works for disciplined consumers, and the disastrous consequences waiting for undisciplined users. (8:23)

Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)