With numerous financial institutions offering a wide variety of products and services, it becomes difficult to make the right choice. Financial goals may vary from person to person, but choosing the right one in order to protect and grow your wealth is key.
How do the wealthy continue to flourish even through the most challenging economic conditions? The answer is simple! They educate themselves on how money works and put it somewhere safe where it continues to grow uninterrupted.
Qualified Plan has fail most Americans. The number one problem for most people is still money! Even the 401 (k) retirement plans can lead to disappointment. Some disadvantages of this plan are, you are only allow to take 50% of your vested account balance, or $50,000, whichever is less and you are also exposed to the market downturns. Remember 2007 & 2008?!
Infinite Banking – A Mind Shift
Infinite Banking (IBC) is a concept by Nelson Nash. Nash is the author of the bestseller, “Becoming Your Own Banker”. He inspires his readers to become their own bankers and achieve disciplined saving by taking advantage of a specifically designed, dividend-paying, high cash value whole life insurance.
Big corporations and bank are the biggest purchasers of Whole life insurance.
Is there something they know that you don’t? THINK ABOUT IT!
Planning for your future is an absolute must. Make smart decisions and plan for the future. Contact Up Planning Edge today and schedule a consultation and find out more about growing and protecting your wealth!