At Legacy Arrows, we will adhere to the Infinite Banking principles pioneered by R. Nelson Nash. Before we get too far down the road, we will provide you with plenty of materials to study if you haven't done so already. One should always begin at the source. During our initial consultation, we will answer your questions about Infinite Banking and listen to your goals. If we decide that we should continue working together we will continue with a series of video or telephone calls. We will explain the company selection process we take to build the most flexible policy to meet your objectives. We will also work to demystify the jargon and language of the life insurance contract. As a contract owner you need to know how to use it and understand why you are using it. One size does not fit all, and contracts should be optimized for individual circumstances. Infinite Banking will look different for everyone; your research, personal knowledge, and understanding will guide you. We will help you execute your strategy and follow up with you along your journey. There is no shortcut for discipline.
Build a Source of Passive Income
A Federal Reserve Survey of Consumer Finances shows the typical household nearing retirement only has an average of $135,000 in their combined retirement accounts. U.S. Census Bureau’s Survey of Income and Program Participation of 2017 showed 49% of adults 55 to 66 had nothing saved for retirement and the Social Security Administration states that only 5 out of 100 people will have enough money set aside at retirement. Applying the Infinite Banking Concept® to self-finance your lifestyle now will enable you to simultaneously build a storehouse of wealth. Your money will grow uninterrupted, at a guaranteed rate, with tax advantages other assets can't provide. You do not have to sacrifice future stability for the sake of present concerns. You will only be limited by your creativity.
Grow Your Business
The Small Business Administration data reveals that only half of small businesses will survive past 5 years. CB insights data suggest that 29% of small business failures result from a lack of access to capital. The Infinite Banking Concept® can be leveraged to finance your business growth. Are you ready to expand, purchase equipment, construct a building? You can finance these purchases using this concept and recapture the interest you would otherwise pay to financial institutions. You won't be dependent on financial "gate-keepers", you can set the terms and maintain control. Cash flow is always paramount when growing a business, the Infinite Banking Concept® will enable you to control your cash flow.
The average American family accumulates large volumes of interest payments over the course of life. On average, they spend 30-40% of every dollar earned on interest. We are taught to look at the size of a number without understanding what is truly going on. We think we have gotten a good deal on our home mortgage when we are paying a 3% rate. All one has to do is look at the amortization schedule to realize the volume is suffocating. By volume we have increased the cost of a home by 40%! The Infinite Banking Concept® will allow families to avoid unnecessary wealth transfers and ultimately recapture the interest you are paying into antagonistic debt systems.
Your wealth building journey is not likely to be easy. Risk is inherent in everything we do. Injuries, disability, disasters, lawsuits, and certainly death can interrupt or halt our wealth accumulation. A properly structured dividend-paying whole life policy will guard against these life altering events. With this asset you can have peace of mind that your cash value is protected from creditors and liens in most states. You can rest, unconcerned with the market fluctuations which have the potential to wipe out your earnings instantly. You will be protected against future tax increases which will negatively impact government sponsored retirement schemes. Your money will not have access restrictions based on age and you will not be penalized for using it. You can reclaim control of your capital.