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Episode 166: Infinite Banking: How Much Does it Take to Get Started with Infinite Banking?
Manage episode 477013058 series 3308339
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Becoming Your Own Banker by Nelson Nash:
https://infinitebanking.org/product/becoming-your-own-banker/ref/46/
Visit our website:
https://www.thewealthwarehousepodcast.com/
Infinite Banking can be exciting to many people as a concept. Yet, putting it into action seems to be a hang-up for most investigating the prospect of creating their own banking system.
Chief among those obstacles to action is the question: “How much does it take to get started?”
Each situation is different – and everyone’s goals and plans for legacy are different. However, Dave and Paul take you through how you can find out what IBC will take to implement in your life, taking into account factors such as your income, age and goals.
Additionally, the fellas dig into income and how bankers and non-bankers alike should be viewing the money that they make during their peak earning years and beyond.
Episode Highlights:
0:00 - Introduction
1:06 - Episode beginning
2:48 - Capitalization remorse
9:56 - “How much do I need to get started?”
11:45 - What % of your portfolio is outside of your reach?
13:06 - How big of a tax-free retirement bucket do you need?
15:36 - The years BEFORE retirement
21:08 - Correlating your assets (and retirement) w/ the market
25:40 - Thinking with the end in mind
35:18 - Episode wrap-up
ABOUT YOUR HOSTS:
David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.
David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.
Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.
As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.
Visit our website:
https://www.thewealthwarehousepodcast.com/
Catch up with David and Paul, visit the links below!
Website:
https://infinitebanking.org/agents/Fugere494
https://infinitebanking.org/agents/Befort399
LinkedIn:
https://www.linkedin.com/in/david-a-befort-jr-09663972/
https://www.linkedin.com/in/paul-fugere-762021b0/
Email:
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