The Infinite Banking Concept
Listen Money Matters - Free your inner financial badass. All the stuff you should know about personal finance.
00:00
How to Buy Whole Life Insurance
You won't be able to buy the infinite banking concept. You would buy whole life insurance that fit a specific criteria and then you would execute a plan. So it's like, you're earning 5% on this cash, whether it's in the account or not. And it's tax-free when you pull it out. Right, and it passes along to your heirs and- Sure. Okay. Now, this is a concept, right? This is not something that's being sold to the masses right now or is it- So it is being sold. Do we have to- This is where we talk about that and then move on to recommendations on this?
Transcript
Play full episode
