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Episode 106: Infinite Banking: The Importance of Adequate Death Benefit & A Good Use For Your 401k In Retirement
Description
The guys have said it time and time again.. The death benefit is nothing to be downplayed.
Nobody said IBC is simple – and this episode is evidence that you need to have adequate guidance when it comes to managing a financial system like this.
Dave and Paul will give you the straight facts for why death benefit is nothing to overlook – as well as a nifty way to shift your 401k savings into a safer, more profitable spot..
Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Episode Highlights:
0:00 - Introduction
0:27 - Episode beginning
2:20 - Update on Paul’s construction loan
5:11 - Listener question
10:05 - The importance of the death benefit
12:31 - “Let’s imagine you own a machine”
16:55 - The house analogy
19:04 - Two things are guaranteed
20:45 - For those close to retirement w/ a 401k
24:19 - You’re better off learning nothing than learning the wrong thing
27:33 - Construction on Paul’s new house
28:16 - 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.
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:
davidandpaul@theibcguys.com