

The Actual Rate of Return of Infinite Banking | Whole Life Insurance Calculator
Aug 18, 2023
This podcast introduces a calculator to determine if whole life insurance is suitable for your financial goals. It explores the multi-dimensional benefits of life insurance, including tax-free growth and control over assets. The podcast discusses the rate of return of infinite banking and the advantages of borrowing against a life insurance policy. It also explores the pros and cons of life insurance as an asset, including safety, liquidity, and tax benefits. The podcast discusses the drawbacks of whole life insurance, such as lack of tax deductibility and the time it takes to break even.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
The Power of Life Insurance and its Multi-Dimensional Aspects
03:25 • 4min
Understanding Rate of Return and Borrowing Against a Life Insurance Policy
07:44 • 2min
Exploring the Pros and Cons of Life Insurance
10:10 • 4min
The Cons of Whole Life Insurance
13:48 • 2min