The Pros and Cons of Infinite Banking and Whole Life Insurance

The Pros and Cons of Infinite Banking and Whole Life Insurance

How permanent life insurance can be an effective tool for retirement planning.

Topics covered include:

  • What is the difference between term and whole life insurance
  • How many people let their life insurance policies lapse each year
  • What are strengths that insurance companies have that are beneficial to individual investors
  • What are the benefits of whole life insurance policies
  • How the infinite banking concept works and who should it be used
  • How asset allocation should differ when investors have a whole life insurance policy
  • What are concerns with whole life insurance
  • How an integrative approach of using whole life, immediate annuities, and investments can lead to higher retirement spending levels


Thanks to today's sponsors: Simplify ETFs and the all-new electric MINI Cooper SE

For more information on this episode click here.

Show Notes

Arthur L. Williams Jr.—Wikipedia, Aug 10, 2021

ACLI 2020 Life Insurers Fact Book—The American Council of Life Insurers

Pros And Cons Of Life Insurance For Children by Cameron Huddleston and Amy Danise—Forbes

The Four Approaches to Managing Retirement Income Risk by Wade D. Pfau

Safety-First Retirement Planning: An Integrated Approach for a Worry-Free Retirement (The Retirement Researcher Guide Series) by Wade D. Pfau

Integrating Whole Life Insurance into a Retirement Income Plan: Emphasis on Cash Value as a Volatility Buffer Asset by Wade D. Pfau and Michael Finke

Related Episodes

279: Why All Retirees Should Consider an Income Annuity

326: The New Math of Retirement Spending and Investing

349: Forward and Reverse Mortgages: When To Take Them Out and When to Pay Them Off

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Avsnitt(573)

How To Better Navigate Money, Risk, Time, and Uncertainty with Carl Richards

How To Better Navigate Money, Risk, Time, and Uncertainty with Carl Richards

David converses with renowned illustrator and financial philosopher Carl Richards on the abstraction of money, attention capital, distinguishing risk from uncertainty, and the importance of taking mic...

30 Juli 202538min

Should Private Assets, Gold, and Crypto Be Investment Options in 401k and other Defined Contribution Plans?

Should Private Assets, Gold, and Crypto Be Investment Options in 401k and other Defined Contribution Plans?

A new executive order could radically reshape retirement investing by allowing private equity, crypto, and gold in 401(k) plans. This episode examines the factors driving the demand for alternative as...

23 Juli 202520min

Will AI Wipe Out Half of White Collar Jobs or Is There an AI Bubble?

Will AI Wipe Out Half of White Collar Jobs or Is There an AI Bubble?

We explore the compelling questions surrounding artificial intelligence. Will AI create more new jobs than it destroys? Is AI already destroying jobs? Are we seeing overinvestment in companies and inf...

16 Juli 202523min

Mining and the Global Race for Critical Minerals with Kinterra Capital

Mining and the Global Race for Critical Minerals with Kinterra Capital

How the investing landscape is being reshaped by the global race for critical minerals.Topics covered in this conversation between FEG's Greg Dowling and private equity firm Kinterra Capital's co-foun...

9 Juli 202545min

Are Robo Advisors Worth It Even With Tax Loss Harvesting and Direct Indexing?

Are Robo Advisors Worth It Even With Tax Loss Harvesting and Direct Indexing?

We examine how robo-advisors have evolved over the past decade to determine if their services justify the fees they charge.Topics covered include:How large are the top 5 robo-advisorsRobo-advisor fees...

25 Juni 202523min

Climbing the Wealth Ladder with Nick Maggiulli

Climbing the Wealth Ladder with Nick Maggiulli

How our spending, investing, and life strategy change as our net worth grows. We consider how skill, luck, discipline, relationships, and AI can allow us to ascend and, in some cases, descend the weal...

18 Juni 202537min

Stablecoins and CBDCs: Their Rise, Risks and Possibilities

Stablecoins and CBDCs: Their Rise, Risks and Possibilities

Circle Invest, one of the leading stablecoin providers, just went public, and its stock price has tripled. We delve into the growth of stablecoins, their applications, and the associated risks. We als...

11 Juni 202527min

The Future of Power: Energy at a Crossroads with Scott Harland

The Future of Power: Energy at a Crossroads with Scott Harland

From wildfires to AI-driven demand surges, the power grid is under pressure—and so is the investment landscape around it. Scott Harland of Rockland Capital visits with Greg Dowling of FEG to explore t...

4 Juni 202540min

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