When engineering your Double Play strategy, should you choose whole life or indexed universal life? This clear, unbiased guide examines the real mechanics of reserves, crediting methods, and guarantees so you can select the policy that best supports your goals for tax-free retirement income or real estate leverage.
overfunded life insurance
12 posts
Even among those actively contributing to 401(k)s and IRAs, 58% believe simply having a retirement account will be enough. But two critical unknowns—how much income your savings will generate and whether it will last a lifetime—reveal why traditional accounts often fall short. Innovative retirement strategies bridge these gaps.
Discover what no one tells you about infinite banking. It works with any permanent life insurance policy, yet most “infinite banking” plans are deliberately underfunded. Learn why the “pay yourself interest” pitch is deceptive and how a properly designed maximum overfunded policy delivers far greater cash value, real estate leverage power, and tax-free retirement income that beats the 4% rule.
In this article, I’m going to take on one of the most common myths in life insurance: that it takes forever to build cash value. I know that many people think that it takes many years to build cash value in a life insurance policy. But just think for a […]
Many people think creating a “modified endowment contract” (MEC) is bad. However, this negative perception oversimplifies reality. In certain situations, intentionally creating a MEC can actually be a strategic financial planning move. What is a Modified Endowment Contract? What is a Modified Endowment Contract? A MEC is a tax classification […]
The goal of this post is to show you how you can both save for retirement and eliminate credit card debt at the same time by putting your money to work in two places at one time.
In this post, I explain the The Double Play from the perspective of a "Magic Checking Account." I utilize the concept of a Magic Checking Account to simply help people more easily understand the flow of cash by taking away the life insurance element which is a complicating variable.
This article explains IULs by comparing IUL to whole life to show how much they are alike and the key differences. We also debunk IUL myths.
Introduction Are you using a Policy Loan on Life Insurance policy for investing in Real Estate? Are you using a Policy Loan from the insurance company? If so, you need to read this article! It’s important to understand that you should never use a Policy Loan on Life Insurance when […]
If you are a real estate investor who wants to use a life insurance policy for real estate investing, you need to have a maximum over-funded life insurance policy. When you get an illustration from your life insurance agent, how do you know that the policy has been designed properly? and is a maximum over-funded life insurance policy? Understanding life insurance illustrations isn't easy.