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Permanent Life Insurance

IBC Authorized Practitioners

Infinite Banking Think Tank 2022

2022-03-08
By: Barry Page
On: March 8, 2022
In: Austrian Economics, Financial Independence, Infinite Banking, Money, Permanent Life Insurance, Whole Life Insurance

Infinite Banking Think Tank 2022
Birmingham, AL. IBC Practitioners come together in Birmingham, AL. 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 →

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 →

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 →

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 →

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 →

retirement-tax-bomb

Retirement Tax Bomb

2017-04-04
By: Barry Page
On: April 4, 2017
In: Permanent Life Insurance, Retirement, Retirement Income, Retirement Plan, Taxes, Whole Life Insurance

RETIREMENT TAX BOMB
IRA/SEP/401k Tax Liability

Is your IRA/SEP/401k a retirement tax bomb? Parachute out safely using our custom designed whole life insurance plans.Read More →

Alternative Investing – Sage Money Radio with Hollis Day Jr and Barry Page

2017-02-21
By: Barry Page
On: February 21, 2017
In: Alternative Investing, Infinite Banking, Life Insurance, Permanent Life Insurance, Retirement Income, Taxes, Whole Life Insurance

Alternative Investing – Sage Money Radio with Hollis Day Jr and Barry Page. Infinite Banking and Financing Retirement using whole life insurance.Read More →

How To Save

2016-09-22
By: Barry Page
On: September 22, 2016
In: Finance, Life Insurance, Permanent Life Insurance, saving, Whole Life Insurance

How To Save More and Create Wealth Why Life Insurance Is The Best Place To Park Money How to save more and create generational wealth using the power of life insurance. Saving money today can be difficult, especially since in recent years artificially low interest rates have punished savers. The economy has also taken a squeeze on income and ordinary people are saving less and being subjected to unnecessary risk. Thus, the lines have been blurred between saving and investing, making it difficult to determine the best place to park money. Saving money and investing money are two entirely different things. They have different purposes, and can result inRead 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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