Money Wealth Life Insurance How the Wealthy Use Life Insurance as a TaxFree Personal Bank to Supercharge Their Savings (Audible Audio Edition) Jake Thompson Alan Caudle Books

America's elite have been using cash value life insurance to stockpile wealth for centuries. Used correctly, it is better described as a personal bank on steroids, and a financial bunker for tough times.
To be clear, this audiobook is not about the typical garbage peddled by most insurance agents. Rather, an alternative to the risky investment strategies taught by Wall Street. It details a highly efficient form of cash value life insurance designed to supercharge your savings and stockpile wealth. A product so powerful it's responsible for the success of Walt Disney, JC Penney, Ray Kroc, and thousands of others.
Here's what you'll discover
- How the wealthy use this vehicle to create more wealth, take less risk, and create predictable income they can't outlive
- Why banks and corporations place billions of dollars in this powerful vehicle
- How I earned over 300 percent returns leveraging my life insurance policies
- How you can create a safe, predictable foundation to enhance every financial decision you make
- How to win with taxes and keep more of the money you make
While the information compiled into this book is valuable, you'll also find three case studies that show you exactly how it works. You'll be able to visually see how it grows, how it's accessed, as well as the future income that can be taken.
Money Wealth Life Insurance How the Wealthy Use Life Insurance as a TaxFree Personal Bank to Supercharge Their Savings (Audible Audio Edition) Jake Thompson Alan Caudle Books
This is one of the most informative and easy to read descriptions of the use of permanent life insurance as a personal wealth building tool. It is an easy read in just a hour or so, and covers permanent life insurance history, industry perpetual financial strength, and gives an example of how a 40 year old can build a financial legacy for his children and grandchildren. It could have been a 5-star read for me if it had answered a few simple questions: 1) What happens to the cash value built up in the policy when the insured dies? 2) What are the logistics of converting a 401(K) to a lump sum policy? 3) What about older people who may not be insurable? How do grandparents, insure their children, to benefit their grandchildren, and still have money available for themselves as needed in retirement? 4) Why does the death benefit decrease after seven years, on the 40 year old lump sum policy chart, then eventually catch back up after another seven years? 5) Why not list the names of your top three Mutual Insurance Companies that you recommend? I see that the author has his contact information printed at the end of the book, and all of these questions could be answered if one were to call and ask. That is well and good, but it cost a "star" in my rating.Product details
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Money Wealth Life Insurance How the Wealthy Use Life Insurance as a TaxFree Personal Bank to Supercharge Their Savings (Audible Audio Edition) Jake Thompson Alan Caudle Books Reviews
Short and sweet it got the point across. I would have liked more information. As with many of these books it turned out ultimately to be an advertising book. It was a good book and with a simple way of understanding the investment strategy.
Impactful! This was the first book I read on my search to understanding more about Life Insurance. This book opened my eyes into discovering the truth. Ask anyone you’re close to about life insurance and they’ll change the subject so fast for not knowing almost anything on the topic. Share this book with as many people who are close to you as you can. It’s time to wake up.
Disappointing. Summary of book "Life Insurance is good". Anyone who is looking at this book has already figured that out and wants to know HOW to structure a policy. This does not deliver at all. McKnight's book "Look before you LIRP" is much better.
Excellent read for an afternoon or early morning sitting. Straight forward and gets to the point without a whole lot of stories that can be boring. I recommend this book for anyone who is in the financial services industry who does not understand the power of whole life insurance. It could be a life changer for how you do business and for your client as well. The author truly understands how to hold a persons attention. Great book for anyone who wishes to understand BYOB. There was one facet mentioned but the author did not go into any detailed information or examples that I wished would have been presented.
Simple. Concise. Informative. I can appreciate anyone who makes the attempt to help the public understand this most misunderstood tool for building wealth and piece of mind. It helps you understand how to use life insurance as a strategy for securing your financial future instead of taking the often narrow-minded, one-sided approach of explaining the topic without providing insight on the multitude of benefits it offers! These days you have to hold someone at gunpoint to get them to listen to anything that doesn't include "401k" or "mutual fund" in it! A shame consider the "lamb to the slaughter" approach that is the mainstream financial services arena! I applaud the author!
Clear and concise. Finally a summary that gives you a basis to start your understanding of the true value Whole Life Insurance and what it brings to your financial table. If you can get over the propaganda that has been pumped into your head for years and come to the realzation that you need to take control of your financial life, then ths will be a good read. Seek out someone who truly understands this to advise you and you will be far ahead of the crowd who will look back later and try to figure out what happened to their financial security.
The information in this book was very superficial. If you want to truly learn a lot about cash value life insurance and it's benefits, you should read the book, "Confessions of a CPA The Truth About Life Insurance".
This is one of the most informative and easy to read descriptions of the use of permanent life insurance as a personal wealth building tool. It is an easy read in just a hour or so, and covers permanent life insurance history, industry perpetual financial strength, and gives an example of how a 40 year old can build a financial legacy for his children and grandchildren. It could have been a 5-star read for me if it had answered a few simple questions 1) What happens to the cash value built up in the policy when the insured dies? 2) What are the logistics of converting a 401(K) to a lump sum policy? 3) What about older people who may not be insurable? How do grandparents, insure their children, to benefit their grandchildren, and still have money available for themselves as needed in retirement? 4) Why does the death benefit decrease after seven years, on the 40 year old lump sum policy chart, then eventually catch back up after another seven years? 5) Why not list the names of your top three Mutual Insurance Companies that you recommend? I see that the author has his contact information printed at the end of the book, and all of these questions could be answered if one were to call and ask. That is well and good, but it cost a "star" in my rating.

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