It's time to take back control of your capital. For far too long, you've been taught to hand over your money to Wall Street. Giving up control of your capital has proven to be a losing strategy. On this show, we'll dive deep into the strategies of the Ultra Wealthy. Building wealth starts with a solid foundation, the Infinite Banking Concept. This foundation allows you to make money in more than one place at a time.
Uninterrupted Compound Growth is how we all get ahead! Coupling IBC with other strategies like real estate investing, note investing and other streams of passive income will take your wealth to the next level.
The Bankers Board
Client Only Group Coaching
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Without a clear vision, you can get lost in the dark. An initial one-on-one call with Derek when you enter the program will help you determine your personal goals and desired outcomes for the program.
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Infinite Banking is often times more caught than taught. With 12-months of comprehensive programming on how to make the most of your banking system, you’ll finish feeling confident that you can maximize your control over your wealth.
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Monthly 90-minute group Zoom calls featuring Derek and a special guest each month, with conversations tailored to your personal growth. Learn in depth strategies and opportunities directly from the source that will easily translate into your financial plan. Be prepared to interact with the team and take your business and money to the next level.
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Infinite Banking requires understanding and discipline. The Banker’s Board is an elite community that fosters regular collaboration and feedback all the while helping you remain a disciplined and honest banker.
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Together we’ll unlock great investment strategies that Wall Street doesn’t want you to know about. We’ll dive deep into all aspects of real estate investing, private lending, and smart tax strategies that will catapult your wealth and your legacy for years to come.
What is Infinite Banking?
Infinite banking is a financial strategy that allows individuals to use the power of tax–free uninterrupted compounding and liquidity to grow their wealth. It uses dividend-paying whole-life insurance as the financial vehicle of choice.
By “banking” their own money, investors can enjoy the benefits of compound interest and remain in control of their financial destiny. The concept of infinite banking is relatively simple. Essentially, you are using a whole life insurance policy as a savings vehicle. By paying premiums into the policy, you can build up a cash value over time. This cash value is tax–deferred, so you can invest and compound your money without having to worry about paying taxes. Additionally, you can access the accumulated cash value at any time without incurring any penalties or taxes.
There are several advantages to using a whole-life policy as the basis for infinite banking. First, it offers a predictable rate of return, which is generally much higher than conventional savings accounts. Second, the cash value can be used as collateral for loans or other investments. Finally, the policy can be passed on to your beneficiaries upon death, allowing them to benefit from the tax–free compounding and growth of the cash value.
When used properly, infinite banking can be a powerful tool for building wealth and financial security. However, it is important to understand the risks and strategies associated with the concept before diving in. It is also essential to work with a knowledgeable and experienced financial advisor who can guide you through the process and help you make the best decisions for your unique financial situation. With the right knowledge and guidance, infinite banking can be a great way to help secure your financial future.
Level Up Your Learning
FAQ’s
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Infinite Banking works by taking out a permanent life insurance policy and using the policy’s cash value as collateral for a loan. The loan is then used for whatever purposes the policyholder wishes, such as investing, paying off debt, or supplementing retirement income. The policyholder will then make regular payments to the insurance policy and the loan will be paid off over time.
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The main advantage of Infinite Banking is that the cash value of the life insurance policy can be accessed at any time without having to sell any of the investments. Additionally, since the policy is permanent and the cash value accumulates tax–free, it can be a great way to save for retirement and provide protection for loved ones.
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One of the main drawbacks of Infinite Banking is that the policyholder will pay higher premiums than they would if they were to invest in other types of investments. Additionally, the policyholder will be responsible for managing the cash value of the policy and making sure it is properly allocated. Finally, the policyholder will need to keep up with the payments and make sure the policy does not lapse.
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There are several risks associated with Infinite Banking, including the risk of policy lapse if the premium payments are not made, the risk of misallocating the cash value, and the risk of using the cash value for investments that do not perform as expected. As our client, you’ll go through a personal finance assessment to determine if this strategy makes sense for you.
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Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world.
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Infinite Banking is different from other financial strategies in that it provides the policy owner total control! They have access to cash value that can be used for investments, debt repayment, or retirement income. They have created their own banking system that continues to compound and grow on a daily basis.
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To get started with Infinite Banking, schedule a time to meet with us. We can help you set up the right type of policy maximized for flexibility and control.