Principles

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…

Q: What is a policy loan? A: A policy loan is a loan from the insurance company. The policyowner’s cash value serves as collateral for the loan. Taking out a policy loan is not the same as withdrawing money from the account. Q: Who can take out a policy loan? A: The policyowner of a…

A friend of mine asked me to review some old, whole life insurance policies he had established a while back. They are dividend paying policies, payable until age 100, with a reputable, fraternal insurance company. Just like other whole life insurance policies, the cash value is guaranteed to grow at a minimum, predetermined rate, and…

Let’s take a look at two different strategies for financing the down payment of a typical buy and hold real estate investment. One strategy uses a policy loan from whole life insurance, the other uses cash from a bank account. Investment opportunity assumptions: ● Single family rental ● Purchase price: $100,000 ● 25% down payment:…

A common question we get, whether it be from a client starting his or her first policy or from someone interested in learning more about dividend paying, high cash-value whole life insurance, is, “What do I do with a policy once I have it?” So that you will get maximum benefit and enjoyment from your…