Paradiso Insurance Group

Your Legacy of Love...
https://paradisoinsurancegroup.com/life-insurance

Whole Life

Why do the Banks and Wealthy use It?

The Largest Banks, Ultra Wealthy Individuals, and Successful Corporations invest Billions into Whole Life Insurance. and for many of these banks, life insurance is their largest asset class.

For example, Bank of America, has just over $18 Billion in Whole Life Insurance Cash Values which is more than double what they have in real estate assets.

Look on line 41, of any bank balance sheet to see what your banks holdings are in Whole Life Insurance Cash Values.

So, why do the banks tell you to invest in mutual funds to accumulate wealth, and Dave Ramsey tell you don't buy whole life insurance but buy term insurance, which is cheaper, and invest the difference in mutual funds. Of course, he has the term insurance companies he recommends as well as the financial advisors he approves of.

Doesn't that sound contrary to what the Ultra Wealthy and Largest Banks are doing?

Call me for an Infinite Banking Appointment and learn how you can be debt free in usually 9 years or less and finally have control of your own money.

Infinite Banking...The golden key that unlocks your financial future
The big picture

Prior to retirement these big risks get smaller over time
1) Children Expenses for College

2) Mortgage Payoff

3) Income Replacement

Once you're Retired these big risks get larger over time
1) Stock Market Corrections (typically every decade)

2) Home Ownership Costs (Repairs, Utilities, and Property Taxes)

3) Low Interest Rates, Increasing Tax Rates, and Inflation

4) Under Saved and Spent too Much too Soon

5) Health Care Costs and Utilization

6) Reduced Social Security Income

The Solution? Infinite Banking!

Case Study...Family of Five

Husband 37, Wife 35, Children ages 8, 4, and 3.
Parents want to retire @ 65 with $5,000 month Income plus Social Security.
Husband's Income is $3,960 month
Wife's Income is $3,125 month
They have nothing saved for College.

THEIR AREAS OF INTEREST...
Increase Retirement Income
Reduce Debt
Get Spending Under Control
College Planning
Increase Savings

SAVINGS:

Institution Account Value Monthly Amount Interest Rate
BOA Savings $6,000 $150 .25%
Fidelity 401k $36,500 $300 5%
TOTALS $42,500 $450 AVG: 4.75%

DEBT:

Institution Interest Rate Balance Monthly Payment
Visa 12% $460 $55
Medical 0% $2,420 $200
Discover 16% $4,236 $296
Furniture 18% $5,988 $237
Auto 8% $13,313 $417
Mortgage 6.5% $153,781 $972
TOTALS AVG: 10% $180,198 $2,177

DEBT SUMMARY AFTER 30 YEARS:
$180,198 Total Debt but Real Debt with Interest is $380,157.
That's $199,959 in Interest Paid that YOU WILL NEVER GET BACK.

CURRENT RETIREMENT:
$36,500, contributing $300 month at 5% Interest assuming a 25% Income Tax bracket,
Your retirement account at the end of 30 years,
$408,890 BEFORE TAXES
$306,668 AFTER TAXES

WHAT INFINITE BANKING CAN DO INSTEAD

Free from Lenders in 7.8 years

Saved in Interest Payments $122,739

Freed up $2,177/mo. for Retirement

Savings in 30 years of $1,004,387

WHAT IS THIS FAMILIES COST NOT TO DO INFINITE BANKING?

Infinite Banking Provides

$1,004,387 in Retirement plus

$122,739 in Interest Saved minus

$306,668 in Current Retirement totaling

$820,458 in Benefits Lost

THE BENEFITS OF INFINITE BANKING

Get out of debt faster than you ever thought possible

Establish an Emergency Fund

Regain Liquidity plus use and control of Your Money

Safe from Market Fluctuations with Guaranteed Rates

Your Money now has Multiple Jobs

Self Completing Plan with

Death Benefits, Terminal Illness, Chronic Illness and Critical Illness Protection

Call us to learn how Infinite Banking can help you