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Life Insurance (Page 2)

Whole Life Insurance Quotes

Whole Life Insurance Quotes

2019-09-17
By: Barry Page
On: September 17, 2019
In: Finance, Financial Planning, Life Insurance, saving, Whole Life Insurance

People often want to compare whole life insurance to term life insurance, when there really is no comparison, in fact whole life insurance quotes are senseless.Read More →

The Velocity of Money - Do What Banks Do

Do What Banks Do

2019-08-21
By: Barry Page
On: August 21, 2019
In: Federal Reserve, Finance, Infinite Banking, interest, Life Insurance, Money, Taxes

Do What the Banks Do –
Nelson Nash, said “Banking is the most important business in the world.“

We have to start thinking like bankers.

Banks make money using other people’s money (OPM).

Infinite Banking allow us to finance our purchases without bank rules.Read More →

Infinite Banking DeFi Strategy - How To Become Your Own Banker

BYOB

2019-07-31
By: Barry Page
On: July 31, 2019
In: Federal Reserve, Finance, Infinite Banking, Inflation, interest, Life Insurance, Money Solutions, Whole Life Insurance

BYOB, How To Become Your Own Banker. Becoming Your Own Banker© is the textbook for a ten-hour course of instruction on the power of dividend-paying whole life insurance. It is education for consumers to use for their family and business.Read More →

How To Pay Off Debt and Create Wealth Using Infinite Banking

How To Pay Off Debt with Infinite Banking

2019-07-27
By: Barry Page
On: July 27, 2019
In: debt, Finance, Infinite Banking, interest, Life Insurance, Money Solutions, saving

How To Pay Off Debt and Create Wealth with Infinite Banking. Learn how to use Infinite Banking to transform your debt into wealth in this case study. Read 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 →

Brooke Shields – Life Insurance Awareness Month

2019-05-24
By: Barry Page
On: May 24, 2019
In: Financial Planning, Life Insurance, Permanent Life Insurance, Whole Life Insurance

Brooke Shields – Life Insurance Awareness MonthRead More →

401k Exit Strategy – How To Use Your Retirement Effectively

2018-11-13
By: Barry Page
On: November 13, 2018
In: Financial Independence, Inflation, Life Insurance, Money Solutions, Retirement, Retirement Income, Taxes, Whole Life Insurance

401k Exit StrategyHow To Spend and Use Your Retirement Income Effectively It often astounds me how many people really don’t have an exit strategy for their 401k. And, I mean a money solution, an effective plan to use and spend their retirement efficiently, to reach their desired goals. So, I’d like to share with you a little known, but time tested strategy that is usually reserved for the wealthy. It’s also used by the world’s largest banks and corporations. IRA/401k Distributions (Withdrawals) A 401k withdrawal or distribution is how you take your money from the account, which has rules and restrictions. We’ll assume you areRead More →

Life Insurance Awareness Month – Danica Patrick Shares Her Story

2018-09-23
By: Barry Page
On: September 23, 2018
In: Life Insurance

Life Insurance Awareness Month Life Insurance Awareness Month is proudly supported by Legacy Insurance Agency Life Insurance Awareness Month has been supported by Legacy Insurance Agency since its inception in 2004. We believe in empowering our clients to protect their family, and what’s important, with life insurance. Life insurance provides protection for your family and loved ones while allowing you to meet your financial goals. It could be the smartest decision you’ll ever make. Let us help you protect what’s important. Contact Us About Life Insurance Awareness Month Life Insurance Awareness Month was created by Life Happens in 2004 in response to growing concern about theRead More →

8 Scary Truths About Your Qualified Plan 401k / IRA

2017-10-24
By: Barry Page
On: October 24, 2017
In: Finance, Financial Independence, Financial Planning, Life Insurance, Money Solutions, Retirement, Taxes, Whole Life Insurance

8 Scary Truths About Your Qualified Plan 401k/IRA Retirement Account 8 Scary Truths About Your Qualified Plan 401k that your employer’s not telling you. What you need to know about your 401k and IRA What you need to know about your 401k before you contribute another dime. If you are pondering the thought of contributing more than your match to your 401k or whether or not to make an end of year contribution to your IRA, THINK AGAIN! Before you put another dime into your 401k, 403b, TSP, SEP or other IRA you need to know what the government and your employer aren’t telling you.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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