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re: Whole Life, Infinite Banking (IBC), Cash Flow

Posted on 6/5/18 at 10:17 pm to
Posted by IglooTiger
Member since May 2018
33 posts
Posted on 6/5/18 at 10:17 pm to
Thanks, sir. I get the part about cost of death benefit... and I’m all ears to another tool that can provide the same “business cash flow control” benefits (unstructured loan against a compounding investment, repayment flexibility) that does not have death benefit implications.

I just haven’t seen it. Tell me where it is and then I can compare.

So far the only competitor is the ancient secured by deposit CD, Savings which puts the bank in control of both use of money and repayment terms.

I’m sick of the banks.
Posted by LSUcam7
FL
Member since Sep 2016
7920 posts
Posted on 6/5/18 at 10:55 pm to
Save $100k to your own taxable account and utilize a security collateral loan.

$300k after 3 years could get you $175-250k of release value and keeping the cost of investing low.

Universal life may be just fine, and nothing wrong with it at all if used properly, but as mentioned; buy it primarily for the life insurance component.
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