permanent insurance

What if happiness is not about getting more but wanting less? I’m often drawn to the wisdom of Seneca, a renowned Stoic philosopher. Two of his quotes resonate with me deeply: “If you don’t regard what you have as enough, you will never be happy even if you rule the entire world.” “Being poor is…

Is Infinite Banking (IBC) the right fit for you? I’ve been using whole life insurance to preserve capital, build alternate sources of financing, and be more resilient for about a decade. In helping others do the same thing, I’ve learned to recognize when someone isn’t ready to move forward with IBC. Here are 3 common…

If you’ve been paying attention, you’ll know that bonds aren’t what they used to be. Values are declining, risk is up, investors are selling, bond funds are underperforming, and municipal bonds are no longer the safe haven they once were. “With the demise of the bond insurance industry in the financial crisis, credit quality in…

One of the biggest fears people have is running out of money in retirement. And for many Americans, this is a very real risk, not an irrational phobia. If you are a reasonably healthy 65-year-old non-smoker, actuarial tables estimate you’re likely to live to age 86, as a man, and 89, as a woman. And…

The interest rate on an investment or financial product is important, but it’s not the only thing that matters.  It’s one principle of financial strategy among many that should be considered before committing to a financial course of action. There is more to financial strategy than searching for the highest rate of return on a…

What does the principle of certainty mean to you when it comes to your financial strategy and the investments and products you choose to purchase? Are you thinking about whether or not your money will be available when you want to use it 5, 10, 20 years down the road? When you are analyzing whether…

Whole life insurance is a terrible investment… They said with authority. First, whole life insurance isn’t an investment, unless of course you consider it an investment in securing the foundation of the rest of your entire financial strategy. Second, compared to what? That’s a great question to ask whenever somebody makes an assertion about how…

Avoid losses and keep more of your money. What has a greater impact on your ability to build wealth: higher rates of return or reducing costs? While seeking out investments with the highest rates of return seems more exciting than figuring out how to avoid losing what you already have, it is the latter that…

A friend of mine asked how positioning high cash value whole life insurance as a tier one asset would be beneficial to a younger person planning to retire from W2 work at an early age. Great question. Cash flow is the gasoline that fuels your businesses and your personal economy, and it’s one of the…

This was a message sent to subscribers of my newsletter this month.  I thought it was worth sharing here: I hope you and your family are safe and healthy during these unsettling times. There is a lot of uncertainty surrounding the future of the economy, the stock market, and the way we work and go…

Myth-whole life insurance has a terrible savings rate Here’s another quote found on social media that makes me want to pull my hair out: “…it’s (whole life insurance) got a terrible savings rate…” When I hear this statement, the first question that comes to mind is, “Compared to what?” Never mind the fact that the…

I was mentioned in an online social media post the other day as being an expert in whole life insurance. It was in reference to some comments and questions that a few others had concerning the use of whole life insurance in financial strategy. I was happy to have been recognized and contributed a short…