Why You Might Have the Wrong Idea About Infinite Banking

What's old is new again, it seems, in the world, of talking about the myriad ways to use life insurance as a wealth-storing tool that is highly leverageable. As introduced by Nelson Nash, the infinite banking concept goes back several decades. He was the first person we're aware of to clearly articulate the benefits of using whole life insurance to create your bank.  In recent years, with the popularity of Youtube and the internet, self-proclaimed "eggspurts" have spread the idea to the world. However, the idea has been perverted by many and has ventured far from the original premise introduced by Nash. Today, we're outlining the problems with its modern interpretation while validating the original idea. The concept works, but you can't ignore the realities. Listen to hear precisely what we mean. _______________________________ If you'd like to talk with us about how the ideas we outline in this episode might work for your situation, please click right here to reach out to us and mention that you've been listening to our podcast.