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Barry Page (Page 10)

Barry Page is a Registered Financial Consultant, Managing General Agent and Founder of Legacy Insurance Agency, PLLC. Page is the Editor in Chief for legacyinsuranceagency.com He helps clients with tax-advantaged investment alternatives. And shows families how to protect their assets, income and lives using a unique approach to financial planning.

How To Eliminate Unnecessary Taxes Using Life Insurance

2015-06-21
By: Barry Page
On: June 21, 2015
In: Life Insurance, Money Solutions, Permanent Life Insurance, Taxes

How To Eliminate UnNecessary Taxes Using the Power of Life Insurance How to eliminate unnecessary taxes and wealth transfers using the power of life insurance. If you are successful, you are a target of the IRS. Our government survives by collecting taxes, and they are broke. Unfortunately, they seem unwilling to cut their spending, so we continue down this road to serfdom. “The current fiscal policy is unsustainable. We are heading to a future where we’ll have to double federal taxes or cut federal spending by 60%.” ~David Walker, Former Comptroller General of the United States. Do you want to pay higher TAXES? You canRead More →

5 Secrets the Big Banks Don’t Want You to Know

2015-06-10
By: Barry Page
On: June 10, 2015
In: Infinite Banking, interest, Life Insurance, Permanent Life Insurance, Whole Life Insurance

5 Secrets the Big Banks Don’t Want You to Know Learn the secrets the Big Banks don’t want you to know. In this blog post I’ll expose these secrets to you, so you can take the necessary steps to free yourself from their financial tyranny. The money banks loan is not there… or theirs! Banks loan MULTIPLES of depositor’s money. The money that banks lend is created out of “thin air” without RESERVES. Traditional bank lending creates inflation. Banks operate on Fractional Reserve Lending. FRL allows banks to loan out $10 for every $1 on deposit. When money is put into circulation without reserve, thisRead More →

College Funding – How to Pay for Your Child’s Education and Keep Your Money

2015-06-02
By: Barry Page
On: June 2, 2015
In: College Funding, College Planning, Life Insurance, Money Solutions, Permanent Life Insurance, Taxes

How to Pay for College and Keep Your Money. College funding is an enormous expense and important family decision. Tuition and other expenses.Read More →

Benefits of Owning Life Insurance

2015-05-26
By: Barry Page
On: May 26, 2015
In: Finance, Financial Planning, Life Insurance, Money Solutions, Permanent Life Insurance, Retirement, Retirement Income, Taxes

7 Benefits of Owning Life Insurance How To Enjoy the Benefits of Life Insurance While You’re Alive Owning life insurance provides benefits not found in other financial products, and is often the key component in a financial plan. Life Insurance is a very unique and flexible financial planning tool that can help you and your family achieve real financial independence. While there are many benefits to owning life insurance, I’m going to focus on 7. These benefits can be utilized by anyone owing permanent life insurance. 7 Benefits of Owning Life Insurance 1. Life insurance is predictable and sound. 2. Life insurance can be customizedRead More →

Money Solutions – Taxes, Inflation and Opportunities

2015-05-20
By: Barry Page
On: May 20, 2015
In: Finance, Financial Planning, Inflation, leverage, Money Solutions, Permanent Life Insurance, Taxes, Whole Life Insurance

Money Solutions – Taxes, Inflation and Opportunities Money solutions to help you eliminate wealth transfers and increase your wealth. How to combat taxes and inflation and take advantage of opportunities. Time flies… and Time is Money! The time is now and it provides a great opportunity to set aside some time, and review your financial priorities and goals. You can use this time to reflect back on the first 9 months of the year, and make adjustments or set new goals for the remainder of the year. You likely recently paid your income taxes, or maybe you got a refund of what you overpaid? Regardless, doRead More →

5 Reasons To Own Life Insurance During Retirement

2015-05-11
By: Barry Page
On: May 11, 2015
In: leverage, Life Insurance, Permanent Life Insurance, Retirement, Retirement Income, Whole Life Insurance

5 Reasons To Own Life Insurance During RetirementHow To Maximize Your Income When You Retire Owning life insurance during retirement can make your life happier and more productive. Life insurance provides protection for your family and loved ones while allowing you to meet your financial goals, and during retirement that becomes even more important. Here Are 5 Reasons To Own Life Insurance During Retirement 1. Life Expectancy – Life insurance protects your family if you die too soon. Do you realize that 70% of all Baby Boomer women (born between 1946-1964) will outlive theirhusbands? Not only do women outlive their husbands, they tend to marry men older than them.Read More →

Legacy Insurance Agency

Legacy Insurance Agency

2014-09-16
By: Barry Page
On: September 16, 2014
In: Financial Planning, Infinite Banking, Life Insurance, Permanent Life Insurance, Retirement, Uncategorized, Whole Life Insurance

Legacy Insurance Agency, PLLC is an independent Life Insurance Agency specializing in the Infinite Banking Concept®. We help families and businesses to protect themselves from financial loss, plan for the future and create generational wealth.Read More →

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Writing On the Wall

"The current fiscal policy is unsustainable. We are heading to a future where we'll have to double federal taxes or cut federal spending by 60%." David Walker, Comptroller General of the United States "The fate of the world economy is now totally dependent on the stock market, whose growth is dependent upon about 50 stocks, half of which have never reported any earnings." Paul Volcker, 1999, former Federal Reserve Chairman "My friends, there is good news and bad news. The good news is that the full faith and credit of the FDIC and the U.S. Government stand behind your money in your bank. The bad news for you, my fellow taxpayers, is you stand behind the U.S. Government." L. William Seidman, former head of the Federal Deposit Insurance Corp. (FDIC) "In coming decades, many forces will shape our economy and our society, but in all likelihood no single factor will have as pervasive an effect as the aging of our population." Ben S. Bernanke, Chairman of the Federal Reserve System "Because the Social Security trust fund does not consist of real economic assets, we are left to rely on the federal government's future decisions to either raise taxes, reduce spending or increase borrowing from the public to finance fully Social Security's promised benefits." Paul O'Neill, former Treasury Secretary "As a nation we have already made promises that we will be unable to fulfill." Alan Greenspan, former Chairman of the Board of Governors of the Federal Reserve System

Readers asked…

How can life insurance help during retirement?

“Life insurance is a private contract between the owner and an insurance company. In exchange for a payment, the insurance company is legally obligated to provide you with benefits pursuant to the contract. Specifically, these benefits can be utilized to pay expenses for long term care, as a hedge against inflation, and as a regular, predictable, and reliable income stream for life.

It’s basically a private contract that allows you to have your dollars work harder.

The primary reason people buy life insurance is to protect their loved ones from loss, however perhaps it’s best kept secret is that it can be used to provide a steady, tax-free stream of income during retirement.

There are various types of life insurance: term, permanent, universal, variable and index. Each has its own benefits, and should be configured to fit your goals.”
~Barry Page

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