I talk about whole life insurance often. For most people, it’s the best vehicle to use for the Infinite Banking Concept (IBC).
But technically it isn’t the only way. And with bank CDs paying higher interest rates right now, you might be wondering: “Would I be better off using CDs instead of whole life?”
So today, I’m going to show you what you need to keep in mind when deciding which vehicle to use. You certainly CAN use a vehicle other than whole life (it’s legal)…but don’t do it before listening to this episode first.
Show highlights include:
- How small dividends turbocharge Infinite Banking growth even more than CDs can (1:19)
- Why Uncle Sam’s wallet loves it when you buy CDs: More for him, less for you. (2:11)
- Stunning illustration shows how much further your money goes with Whole Life vs. CDs. (Especially if you plan to buy a car). (3:02)
- “Great Rate” Debate. The delicate threads holding up today’s good CD rates, and the painful consequences if they snap. (2:22)
Reach out to me: firstname.lastname@example.org
Infinite Banking Mastery (infinitebankingnorthwest.com)