MMM#25: “I Don’t Want To Have Permanent High Payments (Later In Life/At Retirement)”

Myths, Mysteries & Misconceptions #25: Whole Life Insurance Has Permanent High PaymentsMany people would have you believe that whole life insurance is has permanent high payments that you can “never get away from” in later life/retirement. Question: Why would one *want to pay as much premium as possible, as often as possible and for as long as possible? (That’s a much better question!)I understand that folks would want things to simplify and have their finances to be more passive later in life/ in retirement. Paying significant premiums over as long of a period of time as possible is actually the most advantageous way for our personal economy to have guarantees, growth, access to capital, maintain control of our financing/spending, operate with tax advantages, etc and ultimately achieve intergenerational financial independence and autonomy. Understand this for yourself and you can take back control, and profit, from the banking function in your life, with Infinite Banking. There’s more to this misleading idea than at “face value” (pun intended;)Let’s clear this myth up!⚔️ LIVE & LEAVE A LASTING LEGACY 🛡️🌎THE WEBSITE:  www.durhamtalents.com 🎬START HERE (The Presentation): https://bit.ly/InfiniteBankingPresentation✅TO SUBSCRIBE:  https://youtube.com/c/jessewdurhamIf you have any topics you’d like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash’s book Becoming Your Own Banker, please contact us at:www.durhamtalents.comAll content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.