A Permission Slip To SPEND Your Money | How a Death Benefit Works in an Infinite Banking Policy

A Permission Slip To SPEND Your Money | How a Death Benefit Works in an Infinite Banking Policy

We've talked a lot about what the infinite banking strategy can do for you when you're taking advantage of opportunities before retirement but on today's episode, Darren and Christina are breaking down a strategy that comes into play in retirement: the death benefit.

Rarely a main focus, the death benefit will give you a permission slip to spend your own money in retirement. Darren and Christina use an example of two brothers who both have $1,000,000 saved for retirement where one has an expired term insurance policy and the other has a death benefit. You'll be amazed at the difference a death benefit can provide! Tune in now to find out.

00:00 - Introduction

2:20 - Breakdown of retirement spending, one brother with expired term insurance and the other with $1,000,000 death benefit at 35% tax rate

7:15 - Same example at tax rate of 50%

9:55 - Same example but if interest earned drops 2%

13:48 - Wrap up

TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us

FIND US ON:

INSTAGRAM: https://www.instagram.com/controlandcompound/

TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en

FACEBOOK: https://www.facebook.com/controlandcompound

Avsnitt(254)

The Harsh Truth About Selling Your Business in Canada

The Harsh Truth About Selling Your Business in Canada

REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration   There's a massive shift happening in Canada right now — and most business o...

20 Apr 24min

16 Hidden Benefits of Cash Value Life Insurance in Canada

16 Hidden Benefits of Cash Value Life Insurance in Canada

REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration   Most people think life insurance does one thing. You pay into it… and when ...

13 Apr 25min

How Canadians Can Invest in U.S. Real Estate Without Costly Tax Mistakes

How Canadians Can Invest in U.S. Real Estate Without Costly Tax Mistakes

REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration   How can Canadians invest in U.S. real estate the right way? In this episode...

9 Apr 44min

Canada's Economy Is Feeling the Pressure | The Financial Update Canadians Can't Afford to Ignore

Canada's Economy Is Feeling the Pressure | The Financial Update Canadians Can't Afford to Ignore

REGISTER FOR OUR BUSINESS MASTERCLASS TODAY: https://hub.controlandcompound.com/business-masterclass-webinar-registration   March was a wild month – and in this April update, Darren and Christina bre...

6 Apr 33min

Salary vs Dividends in Canada: What Business Owners Need to Knowv

Salary vs Dividends in Canada: What Business Owners Need to Knowv

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us   Should you pay yourself through salary or dividends as a business owner in Canada? On today's episode, Darren and Christina bre...

30 Mars 24min

The TRUTH About Owning Multiple Infinite Banking Policies (Most People Get This Wrong)

The TRUTH About Owning Multiple Infinite Banking Policies (Most People Get This Wrong)

Most people think you start a second policy when you have more money. While that may be the case sometimes, there's so many other reasons why you can start a second, third, and maybe even a fourth pol...

23 Mars 28min

Infinite Banking in Canada Explained: 1.0 vs 2.0 vs 3.0

Infinite Banking in Canada Explained: 1.0 vs 2.0 vs 3.0

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us   What is Infinite Banking in Canada, and how do you know whether you're still at level 1.0 or ready for 2.0 and 3.0? On today's ...

16 Mars 23min

Harleen Laroia on Leadership, Wellness, and Building with Purpose

Harleen Laroia on Leadership, Wellness, and Building with Purpose

Yesterday was International Women's Day, and today we're continuing that celebration by spotlighting an incredible woman who is building businesses, creating impact, and empowering communities. In thi...

9 Mars 34min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
rss-svart-marknad
svd-tech-brief
badfluence
rss-borsens-finest
uppgang-och-fall
avanzapodden
bathina-en-podcast
fill-or-kill
tabberaset
24fragor
rss-kort-lang-analyspodden-fran-di
rss-dagen-med-di
lastbilspodden
kapitalet-en-podd-om-ekonomi
borsmorgon
rss-inga-dumma-fragor-om-pengar
rss-veckans-trade