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Money Solutions

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 →

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 →

Nelson Nash preacher and teacher of God's laws. Barry Page Banking Advocate

The Politics of Banking

2019-10-30
By: Barry Page
On: October 30, 2019
In: Austrian Economics, debt, Federal Reserve, Finance, Financial Independence, Infinite Banking, interest, Money, Money Solutions, Taxes

The politics of banking. A contrarion, argument for freedom and liberty from the banking regime. 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 →

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 →

Physicians Disability Insurance – Life Stories

2019-05-17
By: Barry Page
On: May 17, 2019
In: Disability Insurance, Financial Planning, Money Solutions

Physicians Disability Insurance – Valerie King was a Dr, but an illness ended her career. Her DI policy helped her without financial worries.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 →

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 →

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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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