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Better.How does everyone think this affect policies set up infinite banking? Good or bad
How does everyone think this affect policies set up infinite banking? Good or bad
Well said.Honestly, I don't see how infinite banking can even work well in today's low interest rate market for the shorter term time horizons as it can take so long to have a policy even get to break even compared to 15-30 years ago.
Overall worse, but mixed bag. Lower non forfeiture rates will likely force CV to be higher quicker but will also force the required premium to be higher. The same non forfeiture & valuation rate drops will also likely impact the performance of WL PUAR & possibly dividends. 7702 will open room for more money to go into a policy so that will help
Honestly, I don't see how infinite banking can even work well in today's low interest rate market for the shorter term time horizons as it can take so long to have a policy even get to break even compared to 15-30 years ago. Plus, who wants to borrow at 7% and possibly give the dividend rate dropped on the portion of money used as collateral in direct recognition contracts when you can borrow for car or house at 2-5% currently.
Can be great for back up safety net, but not sure it is good math to actually activate to use infinite banking to borrow unless you have no other options. But can never really hurt to build it up just in case
Supplemental retirement design has a longer time horizon & can work if you can get someone started at age 30-45.
For people wo are paying off high debt it can work. Or you have a R.E. investor or business owner and you can use a lender that will give them a loan and have the policy as colladeral.
Honestly, I don't see how infinite banking can even work well in today's low interest rate market for the shorter term time horizons as it can take so long to have a policy even get to break even compared to 15-30 years ago.
The second example is not infinite banking.
And how is it better to put money into WL.... wait a few years... and then pay off your high-interest debt that has risen to an even higher amount than before?