- Income for Life
Many people face financial uncertainty and stress due to the problem of a volatile stock market and potential losses, an unknown future due to lack of specific planning, the high likelihood of potential future tax increases, and the fear of not having enough money for retirement. However, there is a solution that can help them overcome these challenges and achieve financial freedom and peace of mind. We are calling this solution Income for Life.
Income for Life is a concept that allows you to create your own private funding system separate from Wall Street using specially designed insurance policies. By doing so, you can access tax-free cash value that grows at a guaranteed rate, regardless of market conditions. You can also borrow from your policy at any time, for any purpose, without affecting its growth. You can use your policy loans to invest in other assets, pay off debts, fund your lifestyle, or create a legacy for your family.
Income for Life gives you control over your money and eliminates the need to rely on banks, Wall Street, or the government. You can design your own financial plan that suits your goals and values and adjust it as your circumstances change. You can also enjoy the benefits of Compound Interest, Tax Advantages, Asset Protection, Estate Planning, and Liquidity. This is not a get-rich-quick scheme, but a long-term strategy that requires discipline, education, and commitment. However, if you follow the principles and practices of Income for Life, you can create a wealth-building system that will serve you for life and beyond.
How does it work?
First, a high cash value policy is established to maximize cash growth on a tax-favored basis. This is not an insurance policy most people are familiar with. These policies focus primarily on high cash growth, liquidity and are tax-favored. Between 60% to 90%+ cash is available within the first 30 to 90 days, increasing to 100%+ in a few years, depending on the individual situation and how the policy is structured.
If desired, a line of credit can be established with a bank using the policy as collateral. There are no loan fees and interest is charged only when you access the funds. In certain situations, the interest is tax-deductible if used for business purposes.
When you access funds from your bank line of credit, the money in your policy can increase faster than the interest charged on the line of credit. A positive arbitrage situation is therefore created. The funds in the policy are principle guaranteed by the insurance company. This creates a very safe leverage of your money because the underlying asset (policy) does not lose value.
Income for Life is often used by businesses, real estate investors, and individuals to pay down debt, purchase items, and invest in other assets. This strategy has been used successfully for over a century.
There are several primary growth options for Income for Life polices. All are principle guaranteed (no market loss), tax-favored, and can utilize the line of credit to access funds, typically at a lesser cost than the interest earned (positive arbitrage).
Consistent Steady Growth – observed growths every year – 4.75% – 6.0%* (*Contact us for current rates)
