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How to use Whole Life Insurance to Get Rich (Become your own Bank) | Devin Burr

Wealthy Way

CHAPTER

Using Whole Life Insurance and Infinite Banking for Wealth Building

In this chapter, the speakers discuss the strategy of using whole life insurance and infinite banking to build wealth. They delve into the costs and benefits of setting up a whole life insurance policy, highlighting its potential usefulness for high earners. Additionally, they explore the advantages of having a foundation to control where taxes go and the power it gives individuals to decide where their capital is allocated.

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