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Legacy Insurance Agency

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Life Insurance

retirement savings

Retirement Savings

2024-10-15
By: Barry Page
On: October 15, 2024
In: Financial Planning, Life Insurance, Retirement, Retirement Income, Retirement Plan, saving, Taxes, Whole Life Insurance

Considering retirement savings, we must take the time to plan for the future. There are too many risks involved and too much responsibilty to let it happen by chance.Read More →

Bull Run

Bull Run

2023-12-15
By: Barry Page
On: December 15, 2023
In: Federal Reserve, Infinite Banking, Life Insurance, Retirement Income, Taxes, Whole Life Insurance

The Bull’s are out, but how long can this bull market run? 

If you’ve been waiting on a sign, the FED just gave the markets the all clear, and it’s literally off to the races.Read More →

Bank

Your Bank

2023-10-23
By: Support
On: October 23, 2023
In: Bank On Yourself, Finance, Infinite Banking, interest, Life Insurance, Private Reserve

Your bank is funded with your own personal capital. Infinite Banking is a predictable way to create financial freedom and control the process.Read More →

Nelson Nash Infinite Banking Concept

Banking Is Important…

2023-08-11
By: Barry Page
On: August 11, 2023
In: Federal Reserve, Finance, Infinite Banking, Life Insurance, Money, Private Reserve, Whole Life Insurance

Banking is the most important business in the world. But, who’s in control of the banking function? IBC offers liquidity, use and control.Read More →

Infinity Dollars - Infinite Banking Concept

An Introduction to the Infinite Banking Concept

2022-08-24
By: Support
On: August 24, 2022
In: Infinite Banking, Life Insurance, Money, Whole Life Insurance

An Introduction to the Infinite Banking Concept The Infinite Banking Concept (IBC) allows households and businesses to become financially independent by “becoming their own bankers.” R. Nelson Nash discovered IBC in the early 1980s, as he was struggling with high interest rates on loans he had taken out from commercial banks. As he contemplated the financial mess he’d created for himself, Nash had an epiphany: He realized he could fund Whole Life insurance policies in order to create his own set of “banks,” which would serve as a repository for his savings and allow him access to cash when he needed to make large purchases.Read More →

Fight Inflation

How To Fight Inflation with Life Insurance

2022-06-27
By: Barry Page
On: June 27, 2022
In: Inflation, Life Insurance, Money Solutions

How To Fight Inflation Using the Power of Life Insurance. Your personal skills, unlike our fiat currency, are inflation proof. Read More →

EVA – Economic Value Added

2022-04-05
By: Barry Page
On: April 5, 2022
In: Alternative Investing, Finance, Infinite Banking, interest, Life Insurance, Whole Life Insurance

Economic Value Added (EVA) is “The Real Key To Creating Wealth” The same thing applies to the Infinite Banking Concept (IBC).Read More →

time now ibc whole life

Now is the Time for IBC

2020-11-23
By: Barry Page
On: November 23, 2020
In: Alternative Investing, Bank On Yourself, Disability Insurance, Financial Independence, Infinite Banking, Life Insurance, Whole Life Insurance

Now is the Time for IBC and whole life insurance. Use whole life insurance with Infinite Banking for safety, growth, financing and income. Read More →

Confessions of a CPA The Capital Equivalent Value of Life Insurance

How Much Does It Take To Retire?

2020-07-02
By: Barry Page
On: July 2, 2020
In: Financial Independence, Financial Strategy, Life Insurance, Money Solutions, Permanent Life Insurance, Retirement, Retirement Income, Retirement Plan, Taxes, Whole Life Insurance

Capital Equivalent Value of Life Insurance – How Much Does It Take To Retire? Capital Equivalent Value is the financial comparable worth at retirement. Read More →

Family Bank

Family Banking

2020-05-07
By: Barry Page
On: May 7, 2020
In: Finance, Financial Independence, Infinite Banking, interest, Life Insurance, Money Solutions, Permanent Life Insurance, Whole Life Insurance

Family banking is a way for families to take control of their finances, so they don’t have to depend on traditional bank lending or government plans. 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

Contact Information

Legacy Insurance Agency, PLLC
2600 Government St
Ocean Springs, MS 39564
(228) 875-5545 phone

www.legacyinsuranceagency.com 

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