Financial Resources and News
🌟 Securing Your Child’s Future and Enjoying Life with High Cash Value Life Insurance! 🌟
Hey there, amazing parents! 👨👩👧👦 We all want the best for our kids, right? 🎓 But guess what? You can save for their college AND still enjoy those well-deserved vacations! 🌴☀️ How? Let me share a game-changing strategy with you! 🚀 🎯 Safe, Liquid, and Guaranteed...
📢 Considering Rolling Over Your Retirement Account? Here’s Why an Income Annuity Might Be Beneficial:
If you're nearing retirement or have already retired, it's crucial to explore options that provide both preservation of capital and a reliable source of lifetime income. One potential strategy to achieve these goals is to roll over your Individual Retirement...
Business owners, what is your exit strategy when you retire or pass away?
1.Who will buy your business 2. What are the tax implications? 3. Will you or your heirs receive fair value? 4. How much is your business worth today? If you do not have an exit strategy in place, when it comes to retirement time, you might find yourself in a bind....
📣 Attention Small Businesses! 📣
📣 Attention Small Businesses! 📣 Are you aware of the powerful tool called Key Employee Life Insurance? If not, it's time to learn about its benefits and why your business should consider utilizing it. In today's competitive landscape, protecting your most valuable...
Secure Your Retirement: Ensuring a Lifetime of Financial Stability with Annuities
Introduction: Retirement is a phase of life that many of us look forward to, filled with dreams of relaxation, travel, and spending quality time with loved ones. However, the thought of running out of money during retirement can be a cause for concern. In this...
Utilizing Annuities for Rollover of IRA and 401(k): Securing Lifetime Income and Minimizing Market Losses
Introduction As individuals approach retirement, the need for stable income streams becomes increasingly important. Annuities have emerged as a popular financial tool for those seeking to rollover their Individual Retirement Accounts (IRAs) and 401(k) plans,...
Leveraging 401(k) or IRA for Long-Term Care Hybrid Policies: The Benefits and Importance of Planning for Our Elderly Years
Introduction As we approach our golden years, it becomes increasingly important to consider the potential need for long-term care. Unfortunately, many individuals underestimate the financial burden that long-term care can impose on themselves and their families. To...
Cash Value Insurance as a Volatility Buffer in Retirement: A Complementary Asset to IRA or 401(k)
Cash Value Insurance as a Volatility Buffer in Retirement: A Complementary Asset to IRA or 401(k) Introduction As retirement planning becomes increasingly important, individuals are seeking ways to build a robust financial cushion that can provide stability during...
Frequently Asked Questions
What is compound interest?
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest ~ Wikipedia
How do I create My own bank?
You create your own bank by utilizing a financial instrument that will be an asset on your balance sheet and have guarantees in place for growth. Such as banks do, Bank Owned Life Insurance or BOLI. Banks use this as part of their portfolio and capitalization strategy.
Do I have to have a lot of money to start my bank?
No. You can start with whatever amount you want that is comfortable for your budget. Many individuals start with some money they had set aside in a bank account as savings. Instead of gaining less than 1% interest, they can earn an average of 5% interest.
What does privatized banking do for me?
It allows you to borrow money against the policy and use the funds to pay debts, or can be used for investments and some just let the money sit and grow until they need it. We recommend taking over the banking function in your life and finance your own home, cars, college tuition, investment properties or anything you'd normally spend money on. You make payments to your bank on your own schedule. Example purchasing your vehicle: you end up with your cash back plus interest and a car that is paid off at the end. Where through a conventional bank: you have the car paid off and no money at the end.
How do I get set up to start my own bank?
Easy! You just schedule a Phone call with us to go over Your needs and we design a bank to fit. After the bank is in place, if you'd like we help layout a plan to pay off your personal finances. And if you have other plans for the money then we can help with your plans there also if assistance is needed.