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Finance (Page 4)

Expand Your Knowledge

Expand Your Knowledge

2019-07-23
By: Barry Page
On: July 23, 2019
In: Finance, Financial Planning

Expand your knowledge by reading books, meeting people and experiencing life. None of us know everything. Things we don’t know, changing perspective. Read More →

Tuesday Tip - Cover Your Assets from Risk

Tuesday Tip – Cover Your Assets

2019-07-16
By: Barry Page
On: July 16, 2019
In: Finance, Permanent Life Insurance, Retirement, Retirement Income, saving, Whole Life Insurance

Cover Your Assets! Retirement RISKS and How To Avoid Running Out of Money During Retirement

Sequence of returns risk addresses the concern most people about retirement, the fear of running out of money.Read More →

What is Infinite Banking

What is Infinite Banking

2019-07-11
By: Barry Page
On: July 11, 2019
In: Bank On Yourself, Finance, Financial Independence, Infinite Banking, interest, Money Solutions, Whole Life Insurance

What is infinite banking? Infinite Banking is a way to finance your major purchases through your own “bank”. Without depending on traditional banks and financial institutions. Eliminating the need for credit reporting. Nelson NashRead More →

compound interest, save, debt, wealth creator, uninterrupted compound interest

Compound Interest

2019-07-09
By: Barry Page
On: July 9, 2019
In: debt, Finance, Life Insurance, Money, Permanent Life Insurance, saving, Taxes

Tuesday Tip – compound interest. And, specifically uninterrupted compound interest or uninterrupted compounding.

3 financial instruments that allow for uninterrupted compounding.
1. Real Estate
2. Margin Accounts
3. Permanent Life Insurance

The major difference in all of these is, only PLI offers guaranteed growth. And, if used correctly the growth on PLI is tax free.

Financing your major purchases through your own plan can increase the average family’s wealth by $500,000 or more over a lifetime. Read More →

Brooke Shields – Protecting My Family Financially Means Everything

Brooke Shields Protecting My Family Financially Means Everything

2019-06-28
By: Barry Page
On: June 28, 2019
In: Finance, Life Insurance

“Protecting My Family Financially Means Everything to me. That’s why I have life insurance.” ~Brooke ShieldsRead More →

Infinite Banking - Control

Who’s Really in Control of Your Money?

2019-06-23
By: Barry Page
On: June 23, 2019
In: Finance, Financial Independence, Financial Planning, Money, Private Reserve, Taxes

Who’s Really in Control of Your Money? Most of our income and savings are held by the financial institutions. And, in most cases invested in government plans, dictated by the IRS (ie 401k, 403b, IRA, SEP, ROTH, etc).Read More →

infinite banking case study ibc webinar page nillsen wood

Infinite Banking Case Study

2019-06-06
By: Barry Page
On: June 6, 2019
In: Finance, Financial Independence, Financial Planning, Financial Strategy, Infinite Banking, interest, Permanent Life Insurance, Taxes, Whole Life Insurance

Infinite Banking Case Study IBC Webinar – Unlock The Infinite Banking Concept in this IBC webinar that was recorded live. We interview a client who shares his story of how he has used Infinite Banking in his personal and professional life. Read More →

Retirement Risk

2019-01-28
By: Barry Page
On: January 28, 2019
In: Finance, Financial Planning, Financial Strategy, Inflation, Money Solutions, Retirement, Retirement Income, Retirement Plan, Taxes, Whole Life Insurance

Retirement risk can threaten retirement and reduce income. Learn how to avoid running out of money during retirement and find opportunity by being liquid.Read More →

The Federal Reserve – The Creature from Jekyll Island (book and audio)

2018-12-24
By: Barry Page
On: December 24, 2018
In: Finance, Financial Independence, Infinite Banking, Inflation, interest, Private Reserve

The Federal Reserve –
The Creature from Jekyll Island book and audio.Read More →

MegaMillions $1.6 BILLION Jackpot! What’s the Best Option Cash or Annuity?

2018-10-24
By: Barry Page
On: October 24, 2018
In: Annuities, Finance, Retirement, Taxes

MegaMillions $1.6 BILLION Jackpot! What’s the Best Option Cash or Annuity?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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Legacy Insurance Agency, PLLC
2600 Government St
Ocean Springs, MS 39564
(228) 875-5545 phone

www.legacyinsuranceagency.com 

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