The Next-Level Income Show
Ep 186: Using Cash-Value Life Insurance for EVERY Phase of Life
Jan 16, 2024
In this episode, Rod Zabriskie and Blake Brogan from Money Insights discuss the versatility of cash-value life insurance. They explore its use in financial planning, wealth building, retirement income, and generational wealth creation. They also highlight the unique features, tax benefits, and control it offers compared to other investment options. Discover how cash-value life insurance can be a valuable tool across every phase of life.
45:13
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Quick takeaways
- Using cash-value life insurance as an opportunity fund allows individuals to invest in cash-flowing alternative assets while maintaining the growth potential of their dollars.
- The cash value of life insurance policies can be utilized for various purposes such as emergency funds, college expenses, retirement income, long-term care insurance, and generational wealth creation.
Deep dives
Using permanent life insurance to optimize investments
One key strategy discussed in the podcast is using permanent life insurance to optimize investments. By flowing money into a high cash value life insurance policy, individuals can achieve more efficient funding for their investments. The policy offers a tax-free growth rate of around 5%, with the added benefit of liquidity and the ability to access cash within 30 days. Using the policy as an opportunity fund allows individuals to invest in cash-flowing alternative assets without sacrificing the growth potential of their dollars.
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