Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Visit our website:
https://www.thewealthwarehousepodcast.com/
So you’ve heard how great IBC is – but what if you’re in your 40s, 50s, or 60s?
Has the time passed? Or can you still enjoy the benefits of becoming your own banker?
In this week’s episode, Dave and Paul explore the spectrum of IBC in terms of when the *ideal* time to get in is.. But also the age-ranges that can still utilize IBC to great benefit.
Additionally, the fellas discuss more situations and circumstances where IBC can help, the “whiplash” years, what you should be doing in your peak earning years, and much more!
Episode Highlights:
(0:00) - Introduction
(1:17) - Episode beginning
(3:59) - You aren’t too old to start IBC
(9:06) - The best time to start…
(10:20) - The relationship between the cash value and the death benefit
(11:56) - Peak earning years and lifestyle creep
(16:39) - “Whiplash” years
(22:48) - Roth IRAs and self-directed IRAs
29:05 - The government and $ (plus your money)
35:42 - For you younger people, convertible term
39:50 - Episode wrap-up
ABOUT YOUR HOSTS:
David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.
David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.
Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.
As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.
Visit our website:
https://www.thewealthwarehousepodcast.com/
Catch up with David and Paul, visit the links below!
Website:
https://infinitebanking.org/agents/Fugere494
https://infinitebanking.org/agents/Befort399
LinkedIn:
https://www.linkedin.com/in/david-a-befort-jr-09663972/
https://www.linkedin.com/in/paul-fugere-762021b0/
Email: