Infinite Banking Mastery: Recent Episodes
Valerie LaRoque
Having a safe and secure retirement feels impossible today. With inflation, higher taxes, volatile stock, and property markets, it’s overwhelming, isn’t it?
And the banks and government aren’t going to help you. We all know this.
That’s the bad news.
The good news?
You can live a debt-free life and retire with a sizable nest egg. In fact, this is easy — so long as you don’t rely on the government and the banks.
Valerie LaRoque, your host, is an authorized IBC Practitioner (with the Nelson Nash Institute)..
Listen to the Infinite Banking Mastery podcast where you will discover the power of the Infinite Banking Concept (IBC). Grow a tax-free pool of cash. Take full control over your financial future. And most importantly, build your legacy.
In this episode, I break down the basics of Long-Term Disability Insurance—what it is, why it matters, and the biggest mistakes people make when choosing a policy.
I'll explain the real difference between "own occupation" and "any occupation" coverage, why most policies only cover 60–70% of your income, and why you shouldn't count on Social Security as your safety net.
If you're a business owner or professional, protecting your income is non-negotiable. Let's get clear on how to do it right.
Listen now!
Show highlights include:
- Some startling data on working-age disability, causes, and insurance coverage. Are you underestimating your disability risk? (0:52)
- What "Own-Occupation" vs. "Any-Occupation" means in Disability Insurance—and the gold standard policy choice for business owners and professionals to avoid zero payout dangers. (1:50)
- How much of your pre-disability income LTD Insurance replaces and the actual amount after tax. You can get it 100% tax-free, though. Discover how! (4:22)
- Can you get Disability Insurance if you're 60? (5:36)
- How long Disability Insurance takes to pay out benefits after an illness or injury starts. And a pragmatic bridge income tip for the waiting window. (6:01)
- The truth about Social Security Disability Insurance you should know if it's your sole plan—and what I advise. (7:07)
- A timely reminder on the importance of protecting your most valuable asset: your income. (8:19)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Ever wonder what would happen if you couldn't work for a few years because of illness or injury? Most people don't give it much thought—but with the odds as high as one in four, it's worth a closer look.
In this three-part episode, I break down what long-term disability insurance actually does, the common misunderstandings about it, and why protecting your income matters more than most realize.
If you care about your family's financial stability, you'll want to hear this.
Listen now!
Show highlights include:
- Myths about long-term disability insurance, and what it's actually designed to do for you. (1:27)
- Uncover the No. 1 cause of bankruptcy in the United States. But is it preventable? (2:31)
- COBRA and other expenses associated with the burden of disability. Uncover the powerful solution I recommend as a safeguard. (2:54)
- The surprising answer to what most commonly triggers long-term disability claims. Hint: it's not injury. (4:09)
- Shocking real data on how many 35-year-olds suffer disability before retirement. And why it makes income protection urgent. (5:14)
- How long does a long-term disability last on average? How to add up your financial exposure right now if you don't have disability insurance. (6:30)
- Learn about what workers' comp covers and doesn't cover. Also, are many business owners in WA personally not covered at all? (7:18)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Today, I'm sharing the key things to keep in mind after starting a Whole Life policy, with a client story to show why patience matters during a policy's initial years. Because Infinite Banking is a long-term play, and it's worth it!
And here's a question I hear all the time: "Are you really borrowing your own money when you take a policy loan—or is something else going on behind the scenes?" I'll clear up those misunderstandings and explain how IBC helps you grow your money, keep it accessible, and leave a legacy.
If you feel unsure or frustrated about your policy's early years, this episode is for you.
Listen now!
Show highlights include:
- How a client recently closed his Whole Life policy too early—what he got wrong about Infinite Banking. (0:45)
- Why it's best not to close a Whole Life policy within its first 7 years. Understand a policy's startup phase and when it becomes cash-flowing. (1:27)
- The regulatory, financial, time, and logistical complexity of opening a physical bank, or an espresso business, with no guaranteed outcome—if simply waiting for money to grow in a Whole Life policy seems hard. (2:40)
- The reasons my personal banking system has grown to 9 Whole Life policies. (6:18)
- Discover how policy loans work with the insurance company lending you their money while your cash value grows uninterrupted! (7:53)
- The importance of patience to a Whole Life policy and the cost of walking away too soon—please reach out to me if you're confused about your policy. (9:58)
- Worried you're too old to start or have a lower health rating? Discover the unparalleled benefits of Whole Life and IBC for you to live to the fullest and leave a legacy. (10:26)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Are you all set to start your Whole Life policy for Infinite Banking, but life has thrown a curveball, and now you can't meet your premium goal? Don't worry, this doesn't have to derail your wealth-building journey.
I'll explain how you can adjust your funding without losing momentum or missing out on valuable compounding time with simple, practical Whole Life options. Plus, you'll hear what to keep in mind about MECs.
If you're navigating this exact challenge or want to make the best start possible with IBC, this episode is for you.
Listen now!
Show highlights include:
- Why it's important to start a policy for Infinite Banking without delay, even at a lower funding level. (2:05)
- The roles of the base premium and paid-up additions in the structure and efficiency of Whole Life for your IBC strategy. (3:27)
- Discover the ease of switching to monthly base and PUA premiums instead of annual. And a tiny loss involved. (4:40)
- How paying the PUA premium annually allows you to make unscheduled, flexible contributions! (5:31)
- Aligning base and/or PUA funding quarterly or semi-annually with business income. (6:39)
- The slow start and catch up method of PUA funding that helped a client of mine meet a $20k premium goal. (7:08)
- Pro tip: the most effective strategy to maximize early cash value for policy loans in IBC. (8:20)
- Critical MEC threshold facts to learn and who to talk to before ever adjusting your planned premium down. (9:26)
- Two key pieces of advice: why start funding at the highest level you can manage. And why true IBC uses Whole Life, not Universal Life. (11:27)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Ever wonder if you need more than one Whole Life policy for Infinite Banking? Most of us end up with more than one, and in this episode, I'll explain why it actually means you're doing it right.
I'll share why your banking system naturally outgrows a single policy, from IRS limits to your increasing income and insuring family members.
With IBC, growth is the plan! Let's talk about building real financial control, one policy at a time, in your expanding pool of wealth with IBC built into your life.
Listen now!
Show highlights include:
- How many Whole Life policies does it take to maximize your wealth with Infinite Banking? (0:38)
- Why a successful Infinite Banking strategy isn't a one-and-done deal. And the real question your policy count answers about your captured cash flow potential. (1:20)
- Learn about the IRS limit for funding a Whole Life policy, and what to do when it hits that ceiling. (2:22)
- How the loop of recapturing capital works in IBC with an easy bucket analogy for why you need fresh policies. (4:12)
- What you can do beyond your existing Whole Life policy when your income rises. (5:31)
- Discover the benefits of insuring family members early and even starting a separate policy for your business. (6:54)
- Are you limiting your personal banking system with too few policies? What building a pool of wealth really means in Infinite Banking. (8:13)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
This is an encore episode of The Mechanics of Paying Yourself Back with Interest, originally aired on May 18, 2023.
When you pay yourself back with interest, you can:
- Avoid paying the banks ANY interest (and pay your banking system that interest instead.)
- Potentially retire with a larger nest egg, because you're receiving that excess interest
- And you'll stop forking over your hard-earned money to Wells Fargo or some other greedy banker
All of this sounds great, but one of the biggest questions my clients ask when they first hear of this: How do I get this extra interest into my policy?
And how does this extra interest grow my personal banking system?
Great questions.
And in today's episode, I reveal the mechanics of paying yourself back with interest.
Listen now!
Show Highlights Include:
- The "Honest Banker" method to double (or triple) the amount of interest you earn in your whole life policy (1:12)
- Why deliberately denying yourself of your money right now (but not really, because those funds are available to you) will grow your nest egg much quicker (and it's got nothing to do with investing in stocks, bonds, crypto, or real estate) (1:52)
- Valerie's step-by-step process on how to pay yourself as much interest as humanly possible (1:59)
- How to guarantee a certain interest rate for life (3:13)
- If you pay too much premium, you run the risk of having to pay tax and withdrawal fees. Here's how to avoid that (3:58)
- How to snowball your personal banking system into a cash making machine (7:30)
- Think it's better to buy things in cash than take out a loan? Here's why doing that means you're losing the earning power of those dollars (10:36)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
If you're considering Infinite Banking, you may be asking, "Where do I find the money to fund a Whole Life policy?" The truth is, you probably just need a closer look at where your money is already going.
Today, I'll reveal practical ways to minimize your expenses and free up those hidden dollars from forgotten subscriptions to even overlooked savings on insurance or recurring bills.
I'll show you how each dollar you reclaim can secure your financial future, all without extra effort or sacrifice. Let's help you find the money you didn't know you had!
Listen now!
Show highlights include:
- How to track surprising overlooked payments within your current spending habits—and the 3 essential categories your expenses fit into. (1:30)
- How much unused subscriptions are costing families on average every single month. (2:50)
- If you love dining out and coffee runs, what to do to save thousands of dollars without giving up joy and value. (4:54)
- Why I write old school checks, to sidestep this common fee. (5:47)
- The importance of reviewing your fixed insurance costs and shopping around periodically. How that just saved me $11,000. (6:36)
- Discover 2 tricks for negotiating your service accounts to win discounts and save big up to 10–20% through the billing cycle you pick. (8:29)
- Are you consciously planning ahead for grocery shopping and maintenance? When comparison isn't the thief of joy. (9:38)
- Discover the power of freeing dollars and redirecting them into building capital in your own Infinite Banking strategy. (10:43)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Are you prepared for the real costs of aging? Today, I'll cover key things you should know about Long-Term Care Insurance, including using benefits to pay family members and even cover home modifications to stay safely at home.
I'll show you why planning LTC sooner is smarter than later, and the ideal age to apply to qualify for it.
If you want to safeguard your independence and financial legacy, this episode will help you think through your LTC options and plan ahead for a safe and peaceful future.
Listen now!
Show highlights include:
- Know the tax implications of family caregiver compensation, and why not all LTCI companies permit paying family. (1:45)
- Pro tip on a hidden LTC policy benefit that more families should be using to fund safety and accessibility home modifications. (2:32)
- A reality check we all need on dementia, stroke, cancer, and accidents in adults under 65 leading to ADL failure—and the powerful solutions disability policies and catastrophic riders provide! (4:12)
- What happens when your disability policy expires? The importance of dedicated LTC Insurance. (6:34)
- The ideal age window to buy LTC coverage, and why qualifying early matters according to these denial rates by age. (8:32)
- A reminder that LTC can be woven into your Infinite Banking Strategy for the right coverage for your situation! (10:00)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
In this episode, I'm breaking down the essentials of Long-Term Care Insurance coverage—how policies work, what triggers benefits, and your options for benefit amounts and periods.
I'll also talk about the WA Cares Act, exposing how it's an inadequate solution for your real LTC needs, and the pitfalls to watch out for as more states consider similar tax programs.
If you want clarity on how to make the right choice for a reliable LTC policy that protects your retirement and legacy, this episode is for you.
Listen now!
Show highlights include:
- How the inability to perform at least two of these six activities of daily living can trigger LTC benefits. Can cognitive impairment by itself also trigger a claim? (1:06)
- What an elimination period means in LTC Insurance and how it impacts the premium cost. (1:53)
- How to choose a benefit frequency and amount. And why an inflation protection rider is a must, anticipating care costs exceeding benefits as this client story reveals. (3:09)
- Options to select an LTC benefit period of up to possibly 7 years—and who should consider lifetime coverage that I can tailor to your needs or budget! (5:20)
- If you're a W-2 employee, here's the maximum lifetime benefit the WA Cares Act offers for the tax it deducts from you. Can it meet real care costs? (7:00)
- Are Washington state residents allowed to opt out of WA Cares if they're privately insured? (8:05)
- Why I clearly don't recommend WA Cares for LTC coverage. (11:29)
- My advice to the residents of five more states that may next roll out LTC programs similar to WA Cares. (11:58)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Are you aware of the real cost of long-term care—what it means for your retirement security? In this episode, I explain how health events can deplete savings and trigger higher tax brackets.
That's not a gamble you need to take. I'll show you how long-term care coverage can protect your retirement savings and your survivors.
Learn also why your future self will thank you for starting on long-term care planning early while you're still healthy.
Listen now!
Show highlights include:
- Why treating long-term care as a retirement plan problem is a problem. And what it actually is. (0:57)
- Uncover the tax consequences of using retirement assets for long-term care. (2:01)
- Do you have a tax advisor? (3:44)
- How trying to cover a bump into a higher tax bracket in tax-deferred accounts can lead to a tax spiral. (4:01)
- Understand permanent compounding dollar loss and death benefit impact resulting from cashing out retirement savings for long-term care. (5:16)
- When should you start planning for long-term care? (6:27)
- Discover how Whole Life contracts for Infinite Banking include riders for chronic or long-term illness. (7:16)
- Why I see using chronic illness riders as catastrophic protection—and why I recommend starting policies dedicated exclusively to long-term care risks. (7:42)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Today, I'm talking about one of the biggest threats to retirement savings—long-term care costs. Most people will need some kind of care as they age, and the costs can be much higher than expected.
In this episode, I'll break down how long you might need care, what it typically costs, and how these expenses can affect your plans for retirement.
If you've ever wondered about long-term care and how to prepare, this episode is for you. I want you to know that there is hope.
Listen now!
Show highlights include:
- Sobering statistics from the Administration on Aging on people aged 65+ who will need long-term care. (1:13)
- Understanding required care durations beyond averages with a 40-year care history example of Parkinson's and the 8-year median for Alzheimer's. (1:46)
- If you're a woman, why you specifically should consider this Alzheimer's risk data. (3:55)
- What home care in Washington state and assisted living actually cost. And what if you choose a continuing care retirement community, but it won't accept Medicaid? (4:21)
- The tragic realities of the elderly and their families, sometimes the children themselves aging, that I witnessed firsthand working in assisted living. (5:59)
- A calculation of long-term care costs by national and state medians for women, Alzheimer's patients, both spouses, plus inflation. (8:16)
- If you believe a portfolio of investments can cover long-term care costs, why you'll find out that it instead devastates it. (9:28)
- Can insurance products reliably cover long-term care costs—unless it's a product that offers lifetime benefits and growth that combats inflation? (9:49)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
In this episode, I'll cover some basics as I show you how to take control of your finances by becoming your own banker!
You'll learn how the Infinite Banking Concept and Whole Life Insurance can help you build a tax-free pool of wealth, access your money when you need it, and stop sending interest to the banks.
I'll share simple examples and explain how this strategy can fit into your life, whether you want stability, flexibility, or a way to grow your legacy.
Listen now!
Show highlights include:
- What if you could function as your own bank and reclaim the interest you're currently paying on loans? (0:35)
- A comparison between the profit models of traditional banks and mutual life insurance companies. And which system allows you to share in profits. (1:36)
- Picture your actions as the key to maximizing benefits with Whole Life with IBC housing your money, optimally on a foundation of rapid, non-taxable growth. (3:17)
- The vital importance of maintaining the discipline of an "honest banker" and avoiding "stealing the peas" for policy sustainability. (3:50)
- How do dividends boost your Life Insurance cash value? (4:19)
- Uncover the exclusive benefits of Whole Life policy loans for accessing capital that traditional banks don't allow. (5:08)
- Why your loan repayment discipline means paying yourself back, capturing profits, and accelerating the growth of your own banking system. (6:16)
- Examples of conveniently and advantageously financing major purchases and business needs using policy loans with Infinite Banking. (7:24)
- Who is the Infinite Banking concept for? Are you ready, willing, and able? (8:56)
- Can heirs continue a Whole Life policy after the insured's death? And who can prepare your heirs to maximize the legacy. (10:59)
- A reminder that not all Whole Life policies are designed for Infinite Banking, highlighting the value of working with an IBC specialist like myself. (11:19)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
What if there was a way to take full control of your financial future, build tax-free wealth, and create a lasting legacy—without the restrictions and uncertainty of conventional options?
Last episode, I broke down the hidden problems with traditional saving vehicles we're constantly being pressured to rely on—today, as promised, I'm revealing the ideal savings tool for building long-term wealth and security.
I'll show you how a specially structured Whole Life policy gives you guaranteed growth, tax-free access, and flexibility year after year.
If you want a savings strategy that's stable and simple, this episode is for you.
Listen now!
Show highlights include:
- Discover the ideal savings tool that has been stable over 200 years through recessions and wars, used by banks, corporations and the ultra-wealthy. (1:15)
- Why I call Roth IRAs the second-best way to build a tax-free retirement savings account. (3:00)
- Whole Life's unbeatable liquidity with unrestricted access to cash values compared to market accounts. (3:34)
- The power of funding flexibility in Whole Life, no income thresholds, no contribution caps. And why starting at the highest premium can be a great idea. (4:36)
- Are Whole Life cash values subject to claims by creditors in most states and reported to the IRS? (6:35)
- How my favorite Infinite Banking feature grows the total cash value of your Whole Life policy, even after you borrow against it to finance purchases. (7:08)
- Imagine having the freedom to take preferred loans with no forced repayment or capital calls. (8:11)
- Types of living benefits Whole Life policyholders enjoy—including access to a portion of the death benefit while still alive. (8:39)
- Peace of mind Whole Life offers with probate-free, incontestable unlocking of generational wealth through death benefits. (10:09)
- Why don't you know about Infinite Banking with Whole Life Insurance while SEC Chair Paul Atkins and his wife have 54 policies? Now you do, and I can help you do it. (11:30)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Are you frustrated by the traditional savings strategies you've been told to trust? Today, I'm taking a look at the hidden pitfalls of popular savings tools, like savings accounts, CDs, and retirement accounts.
I'll show you how their rules often limit your control over your own money, expose you to taxes, and come with fees on funds you will never actually use.
But don't worry—there's an ideal savings solution designed to give you real financial freedom, guaranteed growth, tax-free access, creditor protection (in most states), and full liquidity. I'm excited to bring you that good news soon! First, find out what it can solve for you.
Listen now!
Show highlights include:
- Is a savings vehicle lacking guaranteed growth and tax-free capital access really designed for your path to financial freedom? (1:23)
- How high-earners can leverage uncapped contributions through the "Rich Man's ROTH" popularized by Tony Robbins. (2:06)
- Is the cash value of your Life Insurance protected from creditors in your state? (2:23)
- Discover the exclusive growth capability provided by the Infinite Banking Concept! (2:42)
- How do savings accounts and CDs measure up to the benefits of Life Insurance or a truly optimal savings tool? (3:02)
- The ownership illusion in market-based retirement plans exposed by RMDs and early withdrawal penalties. (4:47)
- Hear prominent CPA Ed Slott's breakdown of the looming tax bomb in the future of your deferred savings. (7:28)
- Here are the hidden costs of tax-deferred, government-earmarked savings that you're paying. (9:44)
- Don't forget to join me next week to discover the ideal savings strategy you deserve—not just the banks, corporations, and the ultra-wealthy. (11:35)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Do you have a plan for your loved ones if the unthinkable happened to you? Would they know what to do next? Estate planning matters! It's the final act of love you will ever provide and means more than just paperwork.
In this episode, I'll explain why having up-to-date wills and guardianship instructions with Whole Life beneficiary considerations is so important, especially if you have minor children or own a business.
With a few essential steps you can protect your loved ones, avoid conflicts, and make sure your wishes are honored. Don't wait for a crisis—secure your family's future today.
Listen now!
Show highlights include:
- The devastating impact of our sudden loss and Whole Life beneficiary choices on unprotected survivors. (0:41)
- A reminder to consult with an attorney for all legal matters related to estate planning. (1:45)
- Consequences of not leaving a will or naming a guardian for minor children. (2:07)
- Why you must state an executor of your will. And who will list one for you if you don't. (2:53)
- Is your will outdated with now deceased parents or ex-spouses still named as beneficiaries? (3:30)
- Some online DIY estate planning tools you can use. But when to engage an attorney instead. (4:13)
- How a living will and healthcare POA can ensure what end-of-life decisions and medical interventions you allow or prohibit for yourself. (4:35)
- A list of vital estate and personal documents and passwords to leave your executor access to. (7:18)
- The wisdom of estate planning ahead of sudden death or dementia, even when it feels like a morbid chore. (8:43)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
"Should you compare competing policy illustrations before starting your Infinite Banking journey?" As more people discover IBC, that is a question I hear coming up more than ever. Here's the truth: even the most attractive illustration is only a projection.
I'll share why the real key isn't the numbers on a page, but finding the right advisor and strategy for your goals, and what variables can make or break the long-term success of your Whole Life policy.
Let's clear up some common misconceptions and help you move forward with confidence to a solid start with IBC.
Listen now!
Show highlights include:
- If you aim for Infinite Banking mastery before implementing it, here's my advice after 15 years of specialization. (1:04)
- How to qualify an advisor. And why that's the right place to start with IBC instead of just comparing illustrations. (2:20)
- What you can learn about loans and flexibility in policy illustrations beyond the numbers. (4:29)
- The "honest banker" and mutual company combination at the heart of success with IBC. (5:05)
- How advisor approaches to premiums and riders differ—and my philosophy for structuring Whole Life to protect you from tax surprises at 80 and long-term loss. (5:29)
- Red flags of advisor competition in illustrations vs. advisors who prioritize your best interest. (7:33)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
If you've been listening for a while and think now's the time to finally start your Infinite Banking journey, there's a question you first need to answer: "Are you qualified for Whole Life coverage?"
Insurability is not always straightforward, but I'll explain why it matters, the impact of your health history on eligibility, and why underwriting should begin early rather than later.
I'll share what to expect if you want Whole Life policies for your kids or parents, and the role of ratings in the underwriting process and premiums.
If you're considering Infinite Banking, this episode will help you take the first step the right way, without delay.
Listen now!
Show highlights include:
- Why "pretty good, nothing major" is not the health history the insurance underwriter needs you to disclose. (1:03)
- If you've had cancer in the past, does it mean you're uninsurable? (1:53)
- The reason I recommend submitting your Whole Life application before finalizing the policy details. (2:27)
- Are base and paid-up addition premiums doomed if your health rating isn't favorable? (3:31)
- Typical requirements for parents who want to set up Whole Life for their children. (4:30)
- Why death benefits as an inheritance for children is a worthy aim when buying Whole Life, even with little cash value buildup. (6:09)
- What my kids prove about the importance of educating heirs about IBC and inheriting policies. (8:12)
- Ways to structure Whole Life for parents, factoring in long-term care and death benefits. (10:07)
- Why underwriting with multiple companies at the same time is a bad idea. (11:04)
- When to start underwriting to better secure eligibility and protect against future uncertainties. (11:45)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Facing unexpected life events, like job loss, illness, or financial disruptions, can make funding your Whole Life policy feel overwhelming, especially in the early years.
Closing your policy doesn't have to be your only option. I'll share multiple strategies for navigating difficult times without sacrificing your progress.
From flexible premium payment solutions and leveraging policy loans to reducing payments and keeping your policy intact, I'll explain how you can continue to build a legacy.
Remember: there's always a solution to keep your Infinite Banking plan on track.
Listen now!
Show highlights include:
- Why you don't need to let a funding crisis scare you into terminating your Whole Life policy early. (1:27)
- How Whole Life provides a grace period to catch up on your premium. (2:38)
- Flexible options available for changing premium modes, and adjusting PUAs and base premium funding. (3:01)
- Optional lifeline of borrowing against your policy, or another Whole Life policy, to fund premiums and repay on your own terms. (4:42)
- Leeway to lower the overall premium if it won't trigger MEC status. (6:11)
- Going the "reduced paid-up" route as a last resort to prevent policy lapse and salvage some benefits. (6:35)
- The long-term value of completing the first seven years of Whole Life funding before surrendering or converting to a RPU. (9:56)
- How the "Waiver of Premium" rider will waive premiums and continue coverage if you become disabled. (11:37)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
As people become more knowledgeable about the Infinite Banking Concept I find myself often answering a question I used to rarely hear: "Which is best: Direct Recognition or Non-Direct Recognition?"
If you've ever wondered the same thing, then this episode is for you. Because I'll share what these terms mean, what difference they actually make, and how much they should really factor into your decision.
I'll also share how at least one company has approached this differently by giving clients the ability to switch between the two.
Listen now!
Show highlights include:
- What direct recognition and non-direct recognition mean, and the impact each one has on dividends. (2:01)
- How loan rates differ depending on the recognition type you choose. (3:24)
- What to know about variable loan rates and how heavily the changes can impact your repayment. (3:45)
- Why one company developed innovative contracts that let clients switch between recognition types. (4:59)
- Sample strategy for when to switch between direct and non-direct recognition for optimal policy growth. (7:45)
- Nelson Nash's real answer when I asked him which recognition type is better. (11:09)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
This is an encore episode of Don't Steal From Yourself, originally aired on May 11, 2023.
Banks potentially steal tens of thousands of dollars by the time you retire.
How?
With compounding interest.
I know, not a revolutionary concept, but considering how a loan for a $30,000 car actually costs more like $40,000 when you factor in an 11% interest rate...
Banks steal from you every day you're paying back a loan — (well actually, you are willingly throwing extra money at them!)
That's the bad news.
The good news?
You can avoid paying the banks ANY interest (and pay yourself that interest.)
And when you do this, you're going to potentially retire with a larger nest egg, because you're saving up that excess interest (and not forking it over to Wells Fargo or some other greedy banker.)
So, if this excites you, then read on.
In today's episode, you'll discover how to stop stealing money from yourself.
Listen now!
Show Highlights Include:
- Why paying yourself back with interest allows you to grow a large nest egg by the time you retire (a much bigger savings pool than if you housed your money at a bank) (2:48)
- Interested in setting your own interest rate? Try an "Amortization Schedule" (3:35)
- How to borrow money to invest in short-term rental properties (and continue to grow the overall cash value of your personal banking system at the same time) (4:02)
- A simple "trick" to potentially save tens of thousands of dollars towards your retirement (and stop forking over this money to your bank) (4:42)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
This is an encore episode of IBC vs. Non-IBC Style Policy, originally aired on May 4, 2023.
Whole life insurance is a terrible place to invest your money.
And that's because life insurance is an asset, not an investment.
With infinite banking, you're housing your money there as opposed to housing it with a bank. And from there, you can invest it however you want — pay off your house, debt, invest in short-term rental properties, etc.
The trap Dave Ramsey and other financial gurus fall for is thinking that all whole life insurance is the same.
But it's not.
In fact, there's a huge difference between IBC and a non-IBC style policy.
And in today's episode, I reveal the difference between the two.
Listen now!
Show Highlights Include:
- What financial gurus like Dave Ramsey get dead wrong about whole life insurance policies (1:18)
- How you could end up with $0 in your life insurance policy if you make this simple hiring mistake (3:34)
- The "snowball effect" you can use to build up your retirement savings (7:05)
- How to pay lower premiums (and make your cash more efficient) (8:36)
- Not sure how much you should put into your policy each year? Here's how much you should pay per year to get the most out of your personal banking system (9:26)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
This is an encore episode of Universal Life vs. Whole Life for IBC, originally aired on April 27, 2023.
One of my new clients woke up with $0 in her life insurance policy after 33 years of funding.
Worst part?
Her premium was about to increase 1,300%.
Yep, 1,300%!
I tell you this because if you don't know any better, you can choose a life insurance policy that's not optimal for your personal banking system.
Many people make this mistake when getting started in IBC.
But in today's episode, you'll discover how to avoid waking up with $0 in your life insurance policy.
Listen now!
Show Highlights Include:
- How to access 50% of the death benefit on your whole life insurance policy BEFORE you die with a "CR" (2:03)
- How to potentially de-risk investing in the S&P 500 (10:18)
- Why an IUL could leave you with $0 in your savings account by the time you retire (14:24)
- How these 2 types of life insurance policies legally puts all the risk of managing your money on you (17:22)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
This is an encore episode of Term Insurance, Good or Bad?, originally aired on April 20, 2023.
If you develop a serious medical condition, you can be banned from whole life insurance (or any life insurance contract!).
This is fairly well-known, but there is a way around it: Term insurance.
With term insurance, your ability to be insured is "locked in" — even if you develop cancer or another fatal disease decades later.
Best part?
You can convert your term insurance into a whole life policy. The benefit is that you can ensure your ability to create and grow your own personal banking system.
In today's episode, you'll discover how term insurance can be an integral part of growing your banking system and how it can allow you to build upon your nest egg in the years to come.
Listen now!
Show Highlights Include:
- Interested in creating a tax-free personal banking system? Here's why you should only use whole life insurance (rather than other types of "permanent" insurance) (3:22)
- How to boost up your life insurance coverage if the whole life death benefit is too expensive (this is a great way to get started if you can't afford whole life just yet) (4:25)
- The simple way term insurance allows you lock in your insurability and open new whole life contracts (even after you might be considered uninsurable) (5:52)
- How to receive coverage after a disease that would normally leave you uninsurable with term insurance (8:19)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
When you've been trained to analyze investments based on a high rate of return, it's hard not to scrutinize Whole Life through the same lens.
But zooming in on the rate of return misses the answer to the bigger question: "How can I become my own banker?"
This episode is for you if you've dismissed Infinite Banking because the rate of return didn't look good enough. Because I'll show you a better way to think of Whole Life and IBC, and explain why conventional investment returns often look more straightforward than they really are.
If rate of return is your biggest sticking point, this might change how you see it for the better.
Listen now!
Show highlights include:
- Why "rate of return" is the wrong place to start when considering Whole Life, and what to look at instead. (1:04)
- Simple golf analogy that explains why behavior matters more than a policy illustration. (2:06)
- The "Holding Tank" mindset that shifts you from chasing returns to controlling your capital. (2:36)
- A veteran market expert's humbling confession about the limits of forecasting. (3:43)
- Overlooked reason for retirement account growth that tricks investors into thinking the market's great, even when it might not be. (5:32)
- How Whole Life provides creditor protection in many states. And why that matters more than you think. (5:56)
- What I'm really thinking when someone compares Whole Life to market returns. (6:38)
- Why calculating your rate of return with IBC isn't as simple as it sounds. (7:50)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
People have been taught to look at Whole Life as an investment, so they do! And when the returns aren't flashy like stocks, funds, and precious metals they ignore Whole Life and pour their money into something else.
But it's a mistake to think of Whole Life and investments as an "either/or" proposition. Because the truth is: you don't have to choose just one.
In this episode I'll explain the right way to look at Whole Life, and how it can work hand in hand with whatever investment vehicle you're passionate about.
I'll also explain what a licensed advisor like me legally can and cannot do to help you decide on what investments you make.
Listen now!
Show highlights include:
- Why you shouldn't compare Whole Life savings to investments, and how to view them instead. (0:54)
- Can you still use Whole Life to meet financial goals if you're already in your retirement years? The answer might surprise you. (2:04)
- Critical Catch: How your death benefit can help you even before you pass away. (2:35)
- Have questions about investment accounts? What I can and can't do to help as a licensed advisor. (4:43)
- Force multiplier that lets you leverage Whole Life for maximum benefit and still fund the investments you want. (6:03)
- Scared you'll outlive your income? Here's how I can help. (8:06)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
If you're new to the Infinite Banking concept you might think accessing your Whole Life insurance policy's cash value works just like conventional retirement accounts: Penalties for early withdrawal, required distributions, surrender charges and more.
But it doesn't work that way. The truth is: it's a breeze!
In fact, IBC looks even better when you understand how conventional retirement accounts really work, and the built-in features that work great for the government and advisors, but don't always work great for you.
I'll explain it in this episode, and "show my work" with clear examples. I'll also share how to easily safeguard your Whole Life policy against the one mistake that could undermine its advantages.
Listen now!
Show highlights include:
- Disastrous Whole Life mistake that's like kryptonite to your policy's superpowers. (1:30)
- Common misunderstanding about retirement plans and taxes that decimates your spending power when it's time to withdraw funds. (2:35)
- Eye-opening thought exercise that forever changes how you look at your retirement account balance. (3:32)
- How runaway government spending threatens your retirement income, and why your retirement account renders you defenseless to stop it. (4:49)
- What you don't know about retirement income that could force you to work in your golden years. (6:44)
- "Termite effect": How retirement account fees nibble away at your account value. (8:48)
- What actually happens if you leave your IRA to your children when you die. (10:33)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Through the years I've talked to clients, heard stories, and learned from other agents. Through it all, the biggest financial problem is the same for everybody: You need to be in control of more capital.
For most people this is "easier said than done." But in this episode I'll show you how properly using the Infinite Banking concept helps you solve this challenge.
You'll also learn how to set yourself up to meet your short-term goals without compromising your financial future.
Listen now!
Show highlights include:
- Why thinking like a forester helps you equip your family for generational wealth. (1:15)
- The toxic belief that prevents most people from maximizing the benefits of life insurance. (3:37)
- How to balance short-term money goals without compromising big-picture IBC benefits. (4:48)
- Surprising reason to prefer a more-expensive Whole Life policy. (5:32)
- Liberating effect IBC has on the world's biggest economic problem. (11:39)
- Nelson Nash's "Two Business" advice for financial freedom. (13:11)
- Hidden truth about financing that will help you stop wasting money. (13:32)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Your savings can be taxed if you set your life insurance up incorrectly.
Simply put, when you deposit "too much" into a life insurance policy, you create a "Modified Endowment Contract" (MEC.)
So, what are the disadvantages of a MEC?
- Any gains you make in your policy will be taxed at your individual tax rate upon withdrawal
- There's a 10% early withdrawal penalty if you try to take out before 59.5
- Because of the 10% penalty, your money is less accessible
Worst part?
Once your policy has been established as a MEC, it's impossible to overturn.
So, how do we avoid converting our policy into a MEC?
In today's episode, you'll discover how to make sure your policy remains tax free forever.
Listen now!
Show Highlights Include:
- How converting your policy into a "MEC" forces you to pay income tax on the growth of your savings (1:03)
- How the same death benefit can cost you either $50 a month or $200 a month (and how to make sure only pay $50) (4:59)
- How to avoid paying any extra fees when investing in a whole life insurance policy with "paid up additions" (6:06)
- Why shrinking your policy's death benefit legally allows you to receive a higher payout when you retire (11:15)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
If you're not using your money to make money, someone else is.
While you think your money is safe in the bank, they're loaning it out — at interest.
This is how they make their real money. But, what if you were able to cut them out…
And become your own bank?
With a whole life insurance policy, you can! When you become your own bank, you can:
- Earn interest on the amount of money you're spending
- Eliminate pesky inflation
- And borrow against your savings, purchasing rental properties and other cash producing investments (without spending a cent of your own money), or paying off debts to outside banks
Sounds pretty good, right?
Well, in today's episode…
You'll discover how to build a financial empire by becoming your own bank.
Listen now!
Show Highlights Include:
- Why saving like an entrepreneur unlocks financial freedom when you retire (5:59)
- How to get $100K to purchase a rental property (without spending any of your own money) (9:39)
- Scared of credit card debt? Here's how to start earning "interest" on every penny you have (11:13)
- The "Paid Up Additions" secret to transform a "boring" life insurance policy into a money making powerhouse (13:53)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Banks are the biggest hypocrites.
They, and many financial gurus, like Dave Ramsey, convince you to amass a large fortune and then let it sit.
Yet banks do the complete opposite of what they tell you. They make their money by loaning out your savings to other people, all while earning interest. And the reason why they tell you to leave your money in the bank?
So they can put your money in motion and make profits on it themselves!
Why not take these actions yourself? Why don't you start to put your money in motion, and start earning interest like the banks do?
In today's episode, I show you how to use other people's money to infinitely create more cash flow — this method is approved by the banks and Robert Kiyosaki. I also show you the bizarre way to take out a $100K loan — without plunging yourself into $100K of debt.
Listen now!
Show Highlights Include:
- How to replenish your life insurance loan by setting up an "ETF" (no, not Exchange Traded Fund) (3:49)
- How much should I save so that I can feel more secure about my retirement years? (4:38)
- How to use other people's money to infinitely create more cash flow, as well as recycle your own money (all approved by Robert Kiyosaki) (9:16)
- How your $100K can be doing two things at once. (10:02)
- Why you only have 13 and a half years of your life to touch your own money—without penalty—because of a bloated federal government (13:03)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Do you ever sit and burn $20 bills?
If you don't, you may as well, because right now the banks are legally taking 34.5% of your take home earnings in pure interest.
This interest isn't to pay down your mortgage, your car loan, or your student debt. It's to fill the greedy coffers of ultra rich bankers. Think I'm being hyperbolic? I purchased my home for $377,988 — amortized over 30 years. With an interest rate of ~6.7%, that means $483,238 is going to the bank in interest by the end of the 30 years.
Worst part?
The banks don't sit there and wait for me to give them $483,283. They're making interest on the payments the whole time, and are more likely to make close to $1.8M in profit off my $377,988 purchase!
That's the bad news.
The good news?
In today's episode, I share how to stop handing away 34.5% of your savings to the banks. I also show you how to take out $100K and pay no interest for an entire year — without receiving any penalties.
Listen now!
Show Highlights Include:
- How to avoid losing a single penny to the banks as explained by a former pilot (4:40)
- How to take out a $100K loan and pay no interest for an entire year (without receiving any penalties or the repo trucks coming for you!) (8:09)
- Why refinancing your home within the first 10 years causes you to pay WAY more in interest (12:02)
- The insidious way you're actually paying 50% more for your home than you realize (and how to stop overpaying for it) (13:21)
- How the banks earn $1.8M in interest on a $377K house (and how to protect your money from greedy bankers) (15:41)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
How nice would an extra million dollars sound?
And imagine if you didn't have to work harder, smarter, or even work at all to get it.
Well, this does exist!
But I don't recommend you try doing it, because you'll cop a whopping 20 year prison sentence. But if your name is Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, or Goldman Sachs, then go for gold!
That's right, the banks do this every single day. They do it so much that a huge amount of our currency supply is created out of thin air by these guys.
Best part?
They don't go to prison, but if you did it, you'd be in prison!
And it's all possible thanks to the concept known as "Fractional Reserve Banking." In today's episode, you'll discover the madness behind this concept, as well as how to protect yourself from this corrupt system.
If you haven't heard of "Fractional Reserve Banking" before, strap in — it's going to be a wild ride!
Listen now!
Show Highlights Include:
- How banks drain your buying power by loaning out more money than they receive (yes, they do, and no, it's not illegal… in fact, it's cheered on by our government) (0:49)
- Why the FDIC won't be able to protect your savings in an economic collapse because of their "1 Percent" secret (2:45)
- The insidious "Unsecured Creditor" law that means you will be bailing in the banks in the next financial crash (whether you like it or not) (5:00)
- How every dollar in your savings account becomes $10 available for loans and investments (7:37)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Have you ever wondered why there's a maximum withdrawal limit at the bank?
They'll often tout it as "stopping criminals from laundering money." But the reality is this: They don't have much money in the actual bank!
What do I mean?
The primary way banks make money is by lending out YOUR money. Banks only need to keep about 10% of deposits on reserves. So when you make a deposit, they loan out your money (and then some!) and earn their profit by charging interest.
The only reason why this has worked is because the banks know 90% of all savings are untouched by the public — they don't take their money out, they leave it in the bank.
But this was one of the causes of the Great Depression. The public were scared of a market crash, decided to take out all their money as the banks weren't safe anymore, and they were told…
There was no money left!
But there is a way to be free from this madness. In today's episode, I reveal "The Family Banking System", which allows you to recapture the interest you're losing to banks.
Listen now!
Show Highlights Include:
- Why the banks are legally allowed to take your money and then sell it back to you (and make a handsome profit) (0:56)
- Our banking system would collapse if everyone withdrew their money all at once. It's known as fractional reserve banking, and you can learn how it started at (1:21)
- How banks make a profit off every single transaction you make with the "3 Circle Exercise" (5:04)
- Why Bank of America gets away with a 16x return on investment on YOUR savings (6:29)
- How to take out a loan with a terrible FICO credit score (8:18)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You've heard about NASCAR champion driver Kyle Busch's lawsuit over his Indexed Universal Life policies. And because his contract appears to have been written in an exceptionally bad way, you might think what happened to him is an isolated incident.
But the truth is, even when IUL contracts are written in the best way possible, they still carry dangers you need to know about.
In this episode I'll give you more insight into what happened to Kyle Busch, and explain why IULs aren't ideal for Infinite Banking.
Listen now!
Show highlights include:
- "Self funding" sleight of hand that tricks clients and could lose you a fortune. (2:27)
- Two inescapable variables that make IUL values impossible to predict. (4:22)
- Key advantage of Whole Life if you ever intend to stop funding your policy. (4:36)
- The illusion cast by projections that could make IULs look better than they are. (6:45)
- Surprising way AI summarized Kyle Busch's lawsuit.
- Why IBC practitioners deliberately reduce their compensation when structuring your policy. (10:02)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Paid-Up Additions (PUAs) aren't complicated, but the way different insurance companies handle them can be. And if you don't know how the company you plan to use does it, you could be in for a costly surprise.
That's why in this episode we'll take a closer look at the different ways companies treat PUAs, and what you need to know before you take out a contract.
I'll also show you why you can't always count on the insurance company to keep things straightened out for you.
Listen now!
Show highlights include:
- Premiums Demystified: what goes into your premium payment, and how Paid-Up Additions affect it. (1:16)
- Real-world examples of very different ways companies allow you to fund Paid-Up Additions. (1:40)
- Why blindly trusting insurance company limits can ruin your IBC plans. (5:02)
- Unexpected way catching up for skipped PUAs can change your policy. (6:32)
- Alarming reason you should never let a letter from your insurance company sit unopened on the counter. (9:45)
- Why the automatic PUA discontinuation offered by some companies is right for many clients, but might not be right for you. (10:02)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Imagine you pass away and the beneficiary of your life insurance policy (or other product with a beneficiary) ends up going to the wrong person.
All because your life changed, and your beneficiary should have too, but you forgot to make the changes.
It's easy to forget to keep your beneficiary up to date. But in this episode I'll explain why it's vitally important, and what can go wrong if you don't. It might keep your death benefit from ending up in unintended hands.
Listen now!
Show highlights include:
- Mindless thing most people do after listing a policy beneficiary. (1:07)
- The "411" on P.O.D.s: What "payable on death" means and why it might be better for small estates than large estates. (2:40)
- Why now is the best time to look into the probate process in your state. (4:31)
- Have a trust and an ex? Make sure you do this one thing. (5:06)
- Practical reason your parents shouldn't be your beneficiary. (5:32)
- Still want an ex to be your beneficiary? What to know–and do–to be sure your state doesn't interfere and wreck your planning. (7:31)
- Why you can't expect a new spouse to be automatically designated as your beneficiary. (8:38)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Getting started with Infinite Banking is exciting, but it can also make you nervous, especially if you're concerned about how to fund it. And many people are, because I'm often asked questions like "How much does it take to get started?" and "Do I need to have a lot of money up front?"
So today I'm here to help calm those nerves! In this episode, I'll walk you through those questions so you can start Infinite Banking with confidence.
Plus, I'll give you a "big picture" view of Infinite Banking so you'll be able to set up your plan with the right perspective.
Listen now!
Show highlights include:
- Why "How much do I need to get started?" is the wrong question to ask, and what to ask instead. (1:30)
- How to use Infinite Banking to avert as much income tax as possible, in retirement. (2:45)
- Common mistake that makes time your worst enemy and shortchanges your lifestyle in retirement. (4:15)
- "Boring is better" benefits that make whole life insurance very attractive. (5:20)
- The honest banker's secret to better savings accounts, better retirement funding, and better control of your purchasing power. (6:14)
- What to do if you want to get started with IBC but don't have a lump sum of cash available. (9:13)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Some people don't realize churches can utilize Whole Life insurance and the Infinite Banking Concept. And even fewer realize how many people in a church are eligible to be insured–it isn't just the pastor!
In this episode, I'll share the different categories of church members who can be insured and how Whole Life insurance can be a blessing to a congregation, whether they utilize the Infinite Banking Concept or not.
I'll also explain how churches can use this without fear it will hurt them financially.
Listen now!
Show highlights include:
- Disturbing "multiplier effect" banks use to make big bucks while paying you pennies in interest. (2:03)
- Simple choice you can make to help fight runaway inflation. (3:48)
- Nelson Nash's perspective on financing that forever changes how you look at purchases. (4:36)
- How Whole Life can help your church, whether you apply the Infinite Banking Concept or not. (5:31)
- Did you know this many people in a church can be insured? It's not just the pastor! (5:43)
- How to use Whole Life to help your pastor retire with dignity. (5:54)
- How a church can leverage its tax-exempt status to make Whole Life even more productive. (8:52)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
If you're young and healthy you can be tempted to delay getting long-term disability insurance. But in addition to coverage in an unpredictable world, there are also benefits you can glean from a policy even if you never become disabled.
In this episode I'll share those benefits. And I'll tell you what to consider if you think a policy is too expensive or won't cover what you had hoped.
Listen now!
Show highlights include:
- Why employer-provided disability coverage might not be enough when you need it. (3:37)
- Ethical way to receive payment from your disability contract (with certain companies), even if you aren't disabled. (8:20)
- "Undisputed" #1 feature of disability insurance. (11:29)
- Simple reason anyone with an income should have disability coverage in force. (12:07)
- Can your emergency fund cover a long-term disability? Brutal truth revealed. (13:03)
- How to afford a disability contract that becomes unaffordable, so you can keep your coverage without going broke. (13:42)
- Are underwriters fair? How your application is processed, and what to do if you disagree with their assessment. (14:42)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You know some things can slow down accelerated underwriting. But there are also health conditions that can slow down underwriting even if it isn't accelerated.
In this episode I'm sharing common health conditions that can get in the way, and how to know whether they can be overcome or will lead to rejection.
I'll also share a simple way to "test the waters" before underwriting if you're afraid you won't get approved.
Listen now!
Show highlights include:
- How an underwriter looks at a mental health issue: When it affects your rating, and what to expect. (3:37)
- Why sleep apnea is more alarming to underwriters than it used to be. (7:00)
- What you should do immediately if you have sleep apnea but want life insurance. (8:49)
- Why cancer in your medical history doesn't automatically mean a decline for coverage. (9:51)
- Surprising reason a substandard health rating isn't as costly as you think. (11:38)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Accelerated Underwriting sounds faster than conventional underwriting, and it certainly can be. But you might be wondering: just how fast is it?
In this episode I'll share, from real experience, how quickly approval can happen. I'll also share why it doesn't always work that quickly, and the biggest factors that influence how long it takes.
Listen now!
Show highlights include:
- "No-brainer" reason accelerated underwriting is the right move if you're in good health. (2:40)
- Why honesty is the only policy if you want your life insurance application to be approved. (3:25)
- Exactly how fast accelerated underwriting can go if everything goes smoothly. (4:54)
- Simple way your doctor's office might triple or even quadruple how long underwriting takes. (5:11)
- Why the insurance company will do a soft credit check and what it means for your credit score. (7:14)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You know about the underwriting process for life insurance, but you might be wondering exactly how it works and how long it should take.
In this episode I'll explain what happens as soon as you sign the application, what an underwriter is looking for, and why honesty is absolutely your best policy throughout the process.
I'll also share why underwriting can take longer than expected, but it's nothing to be afraid of.
Listen now!
Show highlights include:
- How bloated medical facilities can set back underwriting for weeks. (1:54)
- Accelerated vs. Full Underwriting: How they actually differ, and why either method will be thorough. (3:15)
- What to do if you can't remember essential details of your medical history. (5:19)
- Surprising volume of information your underwriter can see about you. (6:14)
- Why the insurance company cares about your speeding tickets. (7:07)
- Little-known company, started in 1902, and how it exerts a big impact on your insurance premium. (7:37)
- Do you have to be in perfect health to get life insurance? The answer might surprise you. (9:26)
- Why honesty is the ONLY policy if you want to be approved for life insurance. (10:34)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
We've talked about how a Whole Life policy can "MEC," but the language around what makes this possible can be confusing.
So I'm here to help with more information about the biggest risk to existing policies later becoming Modified Endowment Contracts. I'll also explain how knowing the way these policies can go wrong helps me build strong policies from the start.
Listen now!
Show highlights include:
- What a "material change in policy benefits" really means, and how it triggers re-testing for MEC. (0:58)
- Why dropping a term rider sooner than you planned can be a costly mistake. (1:43)
- "Overwhelm" reason to carefully watch your policy, even if you trust your agent. (5:23)
- How the "10/90" structure became popular with agents, and why I avoid it like the plague. (6:38)
- Counterintuitive reason you should want a higher base premium. (9:38)
- Nelson Nash's "anti-fancy" way to build policies. (10:29)
- The case for minimal term riders. (14:20)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard that a Whole Life policy can “MEC.” But what does that even mean? And what are the real-life consequences if your policy becomes a Modified Endowment Contract?
The consequences are real and undesirable. So in this episode I’ll explain what a MEC is: where it came from, how it happens, and what you can do to avoid it.
I’ll also help put your mind at ease about what to do if it ever happens to you. Because even though it isn’t ideal, it doesn’t have to ruin you.
Listen now!
Show highlights include:
- How TAMRA, an innocent-sounding act of congress, changed the landscape of Whole Life insurance. (0:49)
- What the “Seven Pay Test” is, and how it shapes the early years of your policy. (1:38)
- Little-known way your policy could MEC even if you’ve had it more than seven years. (2:45)
- MEC Demystified: What actually happens if your policy becomes a MEC. (3:12)
- Why Paid Up Additions riders exist, and the trouble they can cause you if they aren’t carefully monitored. (3:42)
- Surprising reason to keep your policy if it becomes a MEC. (9:36)
- How overzealous agents could set you up for tax headaches. (10:23)
- Safeguards some companies use to rescue you from accidentally making your policy a MEC. (11:59)
- Why transferring your account value from a MEC policy to start a new policy is a terrible idea. (13:05)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You know you’ll need to go through the underwriting process for Whole Life insurance so you can set up your Infinite Banking system, and you’re wondering: “How long will this take?”
In this episode I’ll explain how long it usually takes, and why it sometimes takes longer. I’ll also tell you what to expect in underwriting and share a real-world example of a case that took longer than usual, and the harmless reasons why.
Listen now!
Show highlights include:
- How long underwriting typically takes. (1:04)
- Two common things that prompt additional requirements for underwriting, and makes the process longer. (1:51)
- Why it’s best to schedule a morning appointment with the exam company. (2:07)
- Chilling effect on your policy if you’re dishonest when answering medical questions. (3:53)
- Surprising way nicotine can “gum” up your rate. (4:34)
- Why an occasional cigar doesn’t automatically send your health rating up in smoke. (5:14)
- What underwriters are really looking for when they order medical records. (7:48)
- How medications can affect your application for better or worse. (13:32)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’re ready to start Infinite Banking and you want to replace or cancel existing life insurance contracts so your resources can go toward your new policy. Be careful! Some contracts have a provision that will leave you with just a fraction of the money you’ve put into the policy if you walk away.
I’m talking about surrender charges. And in this episode I’ll explain what they are, how they work, and how to navigate if your policy has one.
I’ll also explain which policies are most likely and least likely to have these charges.
Listen now!
Show highlights include:
- What to consider before canceling a policy so you don’t make a costly mistake you can’t fix. (1:04)
- Canceled a Whole Life policy and didn’t get back every penny you put in? It’s not a surrender charge: here’s what happened. (3:47)
- Sneaky way IULs mask their unsuitability for Infinite Banking. (6:46)
- Want to get out of an IUL? Where to find the surrender charge schedule so you know what to expect. (9:21)
- Surprising real-life time when replacing a Whole Life policy made sense. (10:24)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You already know IBC can help you have a predictable income stream in retirement, but you might be wondering if there’s even more you could do to brace for the uncertainty of your golden years.
This episode is for you because I’ll explain how to set up a product that works like a personal pension, how it works, and why now could be the absolute best time to consider this type of vehicle.
Listen now!
Show highlights include:
- Overlooked certainty (as sure as death and taxes) that will crush your standard of living if you’re unprepared. (1:30)
- How the government’s refusal to tackle the deficit threatens your freedom and wealth. (2:09)
- “Inevitable” reason the government will lower interest rates, and what it means for financial and insurance products when they do. (4:03)
- Why now might be the best opportunity for the rest of your life to acquire this financial vehicle. (6:14)
- How to create a “DIY pension.” (9:50)
- Unprecedented way–not offered by most companies–to prepare yourself for long term care needs. (10:39)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
A key benefit of Infinite Banking is the ability to borrow against the cash value in a Whole Life insurance policy. So you might be wondering: “Does it have to be specially built, or will any Whole Life policy work?”
This is a great question because it helps us appreciate the difference between something that technically works and something that works for you the best it possibly can.
In this episode, I’ll explain why it’s best to start with a Whole Life insurance policy specifically structured for IBC, when your interest is in creating a family banking system. I’ll also share when it makes sense to use your existing Whole Life policy, even though you started it before you knew what Infinite Banking was.
Listen now!
Show highlights include:
- Essential provision your Whole Life policy must have if you’re using it for IBC. (1:34)
- Why the actions you take matter more than compound interest. (2:19)
- Counterintuitive reason to repay yourself with more interest than the insurance company charges. (2:59)
- 3 ways your life insurance company can accept funds, and how it affects the extra interest you pay yourself on your loans. (4:28)
- Should you replace your traditional whole life policy? Here’s when it makes sense to keep it. (11:07)
- Ideal way to start IBC, so you can have cash value available sooner. (11:32)
- Why you shouldn’t use an IUL for Infinite Banking. (13:30)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It’s time to bust another myth about Infinite Banking.
This time I’m tackling the mistaken idea that borrowing against your life insurance policy makes you lose money. I’ll explain where the confusion comes from, and the truth about IBC and borrowing.
Listen now!
Show highlights include:
- Surprising source of IBC confusion. (1:15)
- IBC loans “de-mystified.” What actually happens when you take a policy loan. (1:45)
- Unique advantages to borrowing against your policy cash value, instead of from a bank. (2:04)
- Why life insurance loans are the most efficient type of loan. (3:59)
- 3 concerns that fuel confusion about life insurance loans. (5:00)
- Beware! Risks that actually could wreck your policy. (8:54)
- Bank Loans and Credit vs. Policy loans. The clear-cut winner. (12:27)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Some people think Infinite Banking is only for retirement planning. But while IBC is wonderful in retirement, it’s a mistake to think it can only help you later in life.
In this episode, I’ll explain the multitude of ways IBC can help you plan in all stages, not just retirement.
Listen now!
Show highlights include:
- Key features of IBC and common pitfalls to avoid. (2:41)
- Unbelievable flexibility of IBC policy loans. (3:16)
- How IBC benefits entrepreneurs without making them debt slaves to banks. (5:28)
- Why you shouldn’t borrow against your policy too often, even though you can. (6:24)
- How to make your emergency fund work harder, without losing access to funds when you need them most. (7:26)
- Distinguished way to help your kids or grandchildren with college expenses, and it doesn’t hurt their FAFSA. (8:03)
- The simple move that smashes high-interest debt with low-stress rate and payment terms you choose. (9:00)
- IBC’s “Carpe Diem” secret to capture time-sensitive opportunities — even in real estate. (10:12)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
I’ve shared several details before about how I discovered IBC and started advising other people. But if you’ve ever wanted to know more, then you’ll love this episode.
That’s because I’m sharing my recent appearance on the Infinite Banking Initiative podcast from the Nelson Nash Institute. And it is all about how I found IBC, and the impact it has on me and my clients.
This is the most-detailed account I’ve shared about my journey from entrepreneur to IBC, and the bumps and detours I took along the way.
Listen now!
Show highlights include:
- The shocking job offer (right after I bombed an interview) that changed my life. (8:56)
- How 2008 shattered my perceptions and nearly forced me out of advising for good. (10:30)
- Random way I met my mentor, and the mindblowing 1-hour meeting that sold me on IBC. (14:18)
- My Raw reaction to Becoming Your Own Banker — and the “forbidden” word it embraced, but Wall Street couldn’t handle. (19:49)
- What going “all in” on IBC really means — and how 9 policies power my financial life. (21:24)
- Real-life examples of how far IBC’s flexibility can take you. (27:19)
- The one thing I’d change about my IBC journey, if I could. (29:31)
- Why it matters whether your advisor has a mentor. (31:16)
- The biggest myth about IBC — and why it melts under scrutiny. (33:52)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Some people look at the funds that go into a Whole Life Insurance policy built for Infinite Banking and think the money goes in and then you don’t have control…at least not for a long time.
But is that the truth?
In this episode I’m tackling two more IBC myths head-on so you can have a clear view of what Infinite Banking is really like. I’ll explain why–despite what critics say–IBC offers you unmatched control of your money, and benefits you can access from the very first day.
Listen now!
Show highlights include:
- Easiest loan process ever? How borrowing from your Whole Life policy compares to conventional bank loans. (1:52)
- Why borrowing against your 401K may not be the best idea, especially if you’re under 60 or plan to change jobs soon. (2:18)
- What “margin call” actually is, and why you need to know before you think about borrowing against securities. (3:40)
- How HELOC beats a credit card, but can’t keep up with IBC. (4:31)
- Does it really take a decade to see any benefits with IBC? What the timeline actually looks like. (5:40)
- Surprising truth about how quickly you can borrow against your cash value. (6:10)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Would you rather earn:
- $100,000 a day for 30 days or…
- Earn a penny that doubles every day for 30 days?
Trick question.
At the end of the 30 days, you would have earned $3 million at $100k per day. Not too shabby. But what about a penny that doubles every day for 30 days?
A cool $10.7 million!
So how is this possible?
Well, it’s all possible with Albert Einstein's “8th Wonder of the World” — uninterrupted compounding interest. Not only does Albert subscribe to this, but so does Tony Robbins, Warren Buffet, and Charlie Munger.
And in today’s episode, I reveal how to start snowballing your retirement fund with the power of uninterrupted compounding interest, so that you don’t have to retire with all of your hope in the volatile stock market.
Listen now!
Show Highlights Include:
- Why you might not receive all of your savings if your bank collapses because of the insidious wording in a March 13 press release by the FDIC (2:09)
- How the Dodd-Frank Act of 2010 legally forces you to bail out the banks instead of the government (2:24)
- Albert Einstein's “8th Wonder of the World” secret for amassing a Scrooge McDuck pile of wealth (without earning more or spending any time building your empire) (6:15)
- A simple experiment to 3x your nest egg in 30 days by filling up your wallet with a penny a day (7:59)
- How to snowball $100,000 into an enormous retirement fund with the power of a boring life insurance policy (10:00)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
There are plenty of myths about Infinite Banking, and any of them could derail you from doing something great for you and your family. That’s why I like to bust these myths.
And today I’m busting two more.
In this episode, I’ll tackle the mistaken idea that IBC is just too complicated, and the faulty claim that IBC is a scam. You’ll see the reality that IBC is a “too good to be true” thing that’s actually true, and it’s built on a stable foundation the wealthy have been relied upon for generations.
Listen now!
Show highlights include:
- Why I normally recommend borrowing against your policy instead of taking a distribution. (2:06)
- What you need to know before taking a distribution so you don’t get an expensive visit from Uncle Sam. (2:58)
- Surprising reason lifelong bachelors shouldn’t ignore their death benefit, even though it seems unimportant. (4:16)
- “Anti-Scam” reason Infinite Banking is completely above board. (7:30)
- Informative reason, proven repeatedly, you should read Nelson Nash before moving forward with IBC. (8:06)
- Nelson Nash’ “naysayer secret” to overcome peer pressure and do what you know is right. (9:08)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It’s easy to think only the wealthy can afford to use IBC. But is it true?
In this episode, I’ll show you why the Infinite Banking Concept isn’t off-limits to anybody, even if you can’t start with as much as a millionaire.
I’ll also explain why starting with a little today is better than starting with a lot next year.
Listen now!
Show highlights include:
- Real reason mega corporations (like Walmart and Wells Fargo) buy more life insurance than anybody. (1:39)
- “The $5,000 Question”: Why some agents would say whole life isn’t worth it if the client can’t put $5,000 into the policy. Why it isn’t true, and what they really mean. (5:28)
- “Snowball Effect.” How a Whole Life policy keeps getting better, explained in simple terms. (6:27)
- How the flexibility built into Paid-Up Additions helps you keep your policy funded even when finances are tight. (8:41)
- Counterintuitive reason “testing the waters” doesn’t work well for IBC. (9:38)
- How starting IBC before you’re out of debt could be your best path to finally getting out of debt. (11:47)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It’s not unusual for people to be serious about Infinite Banking, but hesitant about the process to get started. Is it complicated? Scary? Hard? Am I really ready?!
If you’ve ever had any of those questions, this episode is for you! I’ll give you an overview of how the process unfolds from our very first meeting all the way through having your policy in force and annual reviews.
You’ll be able to feel good about moving forward.
Listen now!
Show highlights include:
- First Meeting De-mystified: What it’s like, why we do it, and what kind of questions to expect. (0:53)
- Why I ask so many questions about your savings and retirement. (2:01)
- Why you should take that insurance coverage at work, and the major detail you can’t afford to overlook. (4:03)
- Widow’s firsthand account reveals the surprising truth about how much insurance you actually need. (4:45)
- Best time to read Nelson Nash’s book so you can optimize your IBC’s effectiveness. (10:21)
- Three to six weeks?! Why underwriting takes so long, and why your doctor could make it take even longer. (14:47)
- What to do if you have more questions after underwriting is complete. (15:11)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve done your homework and you’re enthusiastic about the Infinite Banking Concept. But you’re concerned your advisor might not feel the same way.
Truth is, you might be right! And in this episode I’ll share different reasons more advisors aren’t on board with IBC.
I’ll also explain what you can do to make sure you can still take action on Infinite Banking, even if your advisor isn’t sold on the idea.
Listen now!
Show highlights include:
- DIY Danger: How even a finance professional can get in trouble trying to use IBC without help. (2:29)
- How to handle an advisor who doesn’t understand IBC like you do. (6:00)
- What the big banks actually do right, and how IBC lets you duplicate the strategy without risk and volatility. (7:27)
- Real reasons financial advisors might resist IBC. (7:39)
- “Why doesn’t everybody know about Infinite Banking?” The startling but simple explanation. (9:15)
- How IBC’s learning curve sends financial advisors off course. (9:58)
- Overlooked financial strategy Walt Disney and JC Penney leveraged to become household names. You can use it too! (12:41)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard of Dave Ramsey. So you probably know one thing he loves almost as much as cutting up credit cards is putting down whole life insurance.
Since he’s helped so many people learn how to budget, and how to get out of consumer debt, it can be easy to think he really knows everything he talks about.
But when it comes to whole life insurance, that’s simply not the case.
In today’s episode I’ll prove it by tackling several complaints Dave gives against whole life so you can separate genuine concern from uninformed claims.
You’ll see that with the help of an IBC practitioner, whole life insurance is a wonderful asset. And you’ll notice how one’s attitude about whole life changes dramatically when you look at it as an asset instead of treating it like an investment.
Listen now!
Show highlights include:
- The “lump” mistake Dave Ramsey makes that muddies the water, making it hard for you to understand the benefits of whole life insurance. (1:05)
- Why whole life and universal life are not the same, and why universal life can jeopardize your coverage when you need it most. (3:20)
- An “outright false” argument about the early years of a whole life policy. Don’t let it scare you away from getting started. (4:23)
- The amazing shrinking death benefit. Why IBC shrinks the death penalty on purpose, and how it helps you save money in the long run. (6:14)
- Access Denied? Why you absolutely do not have to wait until you’re dead to access your policy’s full cash account. (7:04)
- How the process of “BYOB—Be Your Own Banker” can outperform conventional investments, if you are diligent about the process. (10:08)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery
There are popular trends in the industry that concern me. Because they result in policies that look good on paper, but don’t deliver like the client expects, and can even produce a policy that becomes a dreaded Modified Endowment Contract (MEC).
So when I got the opportunity to talk to a senior insurance actuary about these trends, I took advantage of it! I asked my questions so I could know from a true insider whether my concerns were reasonable or unfounded.
In this episode I’m sharing what I learned. And I’m telling you in plain language why you should ignore hype and stick with established strategies that are proven to work, without having to fear your policy ever becomes a MEC.
Listen now!
Show highlights include:
- How overcompetitive agents could be setting up innocent clients for expensive tax bills. (1:51)
- “Illustration Illusion.” What to look for in an agent’s illustration so you don’t assume unnecessary risk of MEC. (3:30)
- Counterintuitive reason a higher base premium is good. And why a lower base premium could cost you in the long run. (3:45)
- What your Whole Life Insurance company could be overlooking that lets you MEC without warning. (5:16)
- Nelson Nash vs. Modern Developments. Is there a better way to do IBC, or does his original advice still hold up? (6:09)
- How a popular feature of IULs actually makes them more risky. (7:18)
- Why you should start a Whole Life policy with a premium at the top of your budget, instead of starting low. (9:53)
- Costly surprise IUL illustrations leave out that could jeopardize your income in retirement years. (11:46)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You can reach a point when you’re no longer required to keep funding your Whole Life policy. And so it’s easy to think you should stop as soon as that moment comes and put your money toward something else.
But is that the best decision?
In this episode I’ll explain why even though everybody’s situation is unique, in most cases you shouldn’t plan to stop funding your policy any time soon.
I’ll also share when it does make sense, and what to do when that happens.
Listen now!
Show highlights include:
- Can the FDIC really protect you? Chilling facts about how ill-equipped the FDIC is for weathering a major bank crisis. (2:04)
- Simple perspective that permanently shifts your bad attitude about your insurance premium. (6:45)
- When it actually makes sense to stop funding your policy and why you’re probably not there yet. (8:35)
- Why the majority of IBC users shouldn’t stop funding their Whole Life after 10 or even 20 years. (9:48)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Whole Life Insurance is a key part of IBC, but it takes some money to get it going. Especially when you fund Paid Up Additions that boost what your policy can do for you.
And if your budget is tight, you might think you can’t possibly find those funds.
In this episode I’ll share nearly a dozen places to look. And unlike some who gloss over risk and fine details, I’ll tell you what to watch for so you don’t make a costly mistake.
Listen now!
Show highlights include:
- “Sideline Money”: Where you can look for idle funds that could be revving up your policy. (1:21)
- Why your money does more in a Whole Life Policy than it does sitting in your savings account at the bank. (2:05)
- How the Dodd-Frank Act changed the game for bank failures, and what it means for the next 2008-style bank crisis. (Hint: It won’t be the government bailing them out this time.) (2:40)
- Why compounding interest in your Whole Life Policy tops what your bank’s savings account can do, regardless how different the interest rates are. (3:23)
- The Great HELOC Debate. Why this once-popular move has fallen out of favor, and what to know if you’re thinking of leveraging your HELOC to help your IBC. (6:03)
- No-brainer reason an inherited IRA (from somebody other than your spouse) is an excellent candidate for use with Whole Life. (9:50)
- Why you shouldn’t be afraid to put your funds into Paid Up Additions instead of putting them somewhere else. (10:26)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You talked to an IBC practitioner and they showed you an illustration. Now you want to see another practitioner in hopes they can show you an even better one.
But should you pick your practitioner based on a better-looking illustration?
Today I’ll explain how illustrations can mislead you, and what to look for so you don’t run into big problems later. I’ll also share what’s most important to look for in an IBC practitioner.
Listen now!
Show highlights include:
- Why policy structure trumps cash value every time. (4:26)
- How access to the majority of premiums paid in the beginning years becomes a trap door to a possible tax pit. (4:48)
- “Dividend Debate.” The impact of risk tolerance on dividends, and what to consider before deciding based on projections. (8:00)
- What to look for in an IBC practitioner so you don’t get burned by misleading illustrations. (9:49)
- Are all IBC practitioners the same? What makes me different from most. (10:18)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
When you have extra cash available it’s easy to think applying it directly to a large balance–like a mortgage–is a good idea.
But in most cases there’s a better use for that money, even if it is strategically used in a different way to help you accomplish the same goal.
Recently a client came to me with a plan to pay down his mortgage, and left our meeting with a different idea. Once you listen to this episode I think you’ll see why. And you’ll know whether a similar strategy is the right approach for you too.
Listen now!
Show highlights include:
- How refinancing your mortgage keeps you broke. (1:41)
- Nelson Nash’s “interest secret.” Most people focus on the interest rate when they should be looking at this instead. (2:03)
- Focused on paying off your house early? Here’s when it makes sense, and when it doesn’t. (2:22)
- “Equity trap.” How paying down your mortgage to gain equity hamstrings your chance to build substantial wealth. (4:35)
- Does it really help your finances to borrow from your whole life policy? Real-world example shows the stunning difference. (9:09)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’re no stranger to premiums, but you might not realize all the options you have for paying your Whole Life insurance premiums, and what difference they make to your Infinite Banking strategy.
In this episode I’ll explain your options, and the surprising flexibility, for paying your Whole Life premiums.
I’ll also explain why you should still consider Whole Life if you don’t have much money, or your health isn’t as good as you’d like.
Listen now!
Show highlights include:
- Payment Mode questions answered: What are they? What are your options? Do you have to stay with the same mode forever? All this and more explained. (1:04)
- Surprising way to pay your Base premium and Paid Up Additions premium. (2:12)
- How to move a lump sum into your policy without giving yourself a migraine. (2:35)
- Biggest reason to consistently fund your Paid Up Additions every year, even when your insurance company doesn’t require it. (5:15)
- How to “Build Your Policy Backwards” to optimize Whole Life insurance for Infinite Banking. (6:35)
- Didn’t get the health rating you expected? What to consider before you reject an insurance offer. (10:58)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
People are living longer so it’s more important than ever to prepare for senior healthcare expenses. But that’s hard to do if you underestimate your need for care, or how expensive it can be.
That’s why, in this episode, I’m sharing insights and statistics to help you see how serious this is, and explain what options are out there so you can prepare for when you or a loved one need to pay for these services.
Listen now!
Show highlights include:
- Why now might be the best time to start Infinite Banking if you want to borrow against your Whole Life cash value in your golden years. (3:18)
- The two most important questions to ask yourself as you plan for old age. (4:19)
- What 10,000 Baby Boomers per day are teaching us about the widespread need for long term care. (5:38)
- Explosive growth of the 80+ demographic: Doubled in 30 years. Here’s how long until it doubles again, and what it means for healthcare costs. (5:49)
- Shocking reason American mothers spend more time caring for parents than their own children. (6:20)
- “Medicare Miscalculation” that could leave you or a loved one unable to get home health care when you need it most. (8:47)
- Your options for long term care insurance, and why anything is better than nothing. (9:44)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
When you’re trying to figure out how much life insurance coverage you should get, you might hear the term “Human Life Value.” But what does that mean?
If you’re not sure, then this is an episode for you. I’ll explain what it is and how it’s calculated. I’ll also explain different methods you can use to get an idea of how much life insurance coverage you actually need.
Listen now!
Show highlights include:
- How insurance companies calculate coverages for age groups. Examples from a real underwriting guide. (1:06)
- Why a homemaker should have life insurance, even if they don’t earn a nickel. (1:59)
- What “Human Life Value” actually means, and how it’s calculated. (3:57)
- The “10 Times” rule for estimating your life insurance need. It’s popular, but is it accurate? (4:29)
- How group life insurance could trick you into miscalculating your coverage needs. (5:36)
- Do you need life insurance if you’re wealthy and have lots of assets? Here’s why the answer is usually “Yes.” (10:09)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Some people protect their retirement savings from risk while they’re working, but don’t think about how to protect it after they retire.
But this is a mistake, because there are plenty of threats to your income during retirement. If you don’t think about them ahead of time, you could be vulnerable when you can least afford to be.
That’s why in today’s episode I’m sharing the most common threats to your future income. I’ll also help you see your options to protect yourself from these potential risks.
Listen now!
Show highlights include:
- Retirement “money myth” that tricks people into saving far less for retirement than they should. (1:22)
- Frustrating way tax brackets complicate retirement planning, especially if you plan well. (1:40)
- Biggest risks while saving for retirement, and after you’ve retired. (2:36)
- Why living longer complicates retirement, and how to keep the blessing of longevity from becoming a curse. (2:53)
- How to shield yourself from unexpected medical expenses that can bleed your savings dry. (4:48)
- Surprising “Triple Tax Advantages” of Health Savings Accounts. (8:27)
- How married couples can leverage Whole Life insurance to fight inflation in retirement. (10:15)
- Haven’t been saving for retirement? Here’s why to start today. (11:58)
- Why you should ignore the “Save 10%” rule, and what to do instead. (12:46)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
Planning for future income for that time when you are no longer working or are working less, is important, and with so many options it can be confusing to know what you should do.
And if it weren’t hard enough already, it gets even more complicated when you factor in taxes on that income.
I’m here to help!
Listen now!
Show highlights include:
- Have a pension? Three reasons to hang onto this increasingly rare retirement benefit. (1:52)
- Common Social Security miscalculation couples make that could leave you hurting while heartbroken. (3:16)
- Why life insurance is critical if you’re depending on Social Security. (4:15)
- Why your tax bracket matters. (5:56)
- Today’s market volatility is bad enough. Now learn about the hungry “money monster” waiting to eat a chunk of a certain savings account when you retire. (6:57)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
You know you can borrow against the cash value of your Whole Life insurance policy. But you’re thinking about a conventional loan like a mortgage or a HELOC. Will your life insurance loan be a red flag to the bank? How much will it matter?
In this episode I’ll explain how the banks really view life insurance loans, and why you shouldn’t let one scare you into thinking you couldn’t get a conventional loan.
I’ll also share a little more on last week’s topic to help you appreciate the importance of having your own life insurance policy that’s yours no matter where you are or what you’re doing.
Listen now!
Show highlights include:
- Why you’re skating on thin ice if you only have insurance coverage from your employer. And what to do before you find yourself underwater. (2:07)
- What to look for in life insurance explained in one minute. (3:25)
- Fine print to look for so you can know if that Term Life plan is flexible enough to convert into permanent coverage you’ll actually want. (3:57)
- Why banks don’t care how much you’ve borrowed from your life insurance. (7:29)
- Unique insurance company practice that confuses loan officers at conventional banks. How to keep it from derailing your loan application. (9:01)
- How to leverage the benefits of Whole Life insurance and build your credit at the same time. (10:05)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
You know life insurance is important, but you’ve been putting it off.
Waiting until you can afford a Whole Life policy, instead of just Term…
Or until you can qualify for a better health rating…
Maybe you’re “on the fence” about Infinite Banking and want to sort it all out before putting money into an insurance policy.
Whatever the reason, if you don’t have life insurance this episode is for you. I’ll explain why the risks of waiting are so great that not having life insurance is something you need to fix immediately.
Listen now!
Show highlights include:
- Now or later? Why you should get life insurance even if you’re still undecided about implementing the Infinite Banking Concept. (1:01)
- When getting Term Life insurance might be better than a Whole Life policy. (2:32)
- How Term insurance today can save you a troubling medical exam later. (2:56)
- Can you get new life insurance after surviving cancer? Maybe, but you shouldn’t count on it. (3:10)
- Why life insurance is critical for small business owners. (5:38)
- How GoFundMe campaigns fall short, and why you shouldn’t depend on them despite their wonderful intentions. (9:32)
- Surprising reason to get disability coverage, even if it excludes a problem you already have. (10:57)
- Why locking in coverage at a lower health rating–and higher premium–is better than waiting until your health improves. Even if it really does! (12:22)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
You know it’s important to have money in the later years of your life. And you might think the conventional wisdom must be the safe way to go.
But you need to listen to this episode first! I’ll explain why following the crowd might be the worst thing you could do, and what to consider before making that decision.
Listen now!
Show highlights include:
- Why it’s a mistake to view Whole Life Insurance companies as carbon copies of one another. (1:05)
- How Whole Life companies are defying the stereotype of being “behind the times” with technology. (1:45)
- “Co-owner Effect” you must achieve with a mutual company. Walk away if they don’t do this! (2:19)
- How to lose 30% of your life savings in just one month, without going to Las Vegas. (3:34)
- Shocking realization from the 2008 market collapse that forever changed my perspective on client advice. (5:02)
- Simple exercise to counteract stress’s physical impact on your body. (6:01)
- Pensions are vanishing in the U.S. Here’s how to make your own. (7:54)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
I just returned from this year’s IBC Think Tank. Not only did I have the privilege of presenting, I also learned from some of the top minds in Infinite Banking today.
Today I’m sharing the highlights of the event with you, so you can know what’s relevant in Infinite Banking right now, and be equipped to make good decisions with your financial planning.
Listen now!
Show highlights include:
- How Nelson Nash’s first policy proves IBC can work even with a “plain” whole life policy. (3:22)
- The two vital components of a “MEC Resistant” policy so you can avoid a surprise visit from Uncle Sam. (4:17)
- Dividend Difference: Why dividends aren’t identical for Base premiums and Paid-up Additions premiums, and which one is higher. (5:03)
- Why the “Honest Banker” concept isn’t just for repaying your loans. (5:54)
- Are Wall Street “pirates” plundering your retirement assets? Shocking facts about the U.S. economy compared to European nations. (8:33)
- What “buy term and invest the difference” advocates ignore when steering people away from Whole Life insurance. (10:11)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Velocity Banking is getting a lot of attention, and many people are confusing it with Infinite Banking.
While there are similarities, these two concepts have different main goals. In this episode I’ll explain those differences so you can see why, for most people, Infinite Banking is the robust solution. You’ll also learn how Infinite Banking can help you achieve most of what Velocity Banking does, without taking on all the volatility and risk.
Listen now!
Show highlights include:
- Why Whole Life insurance remains fundamental to Infinite Banking after all these years. (0:57)
- The “one track mind” of Velocity Banking and how this hyperfocus can cut years off your mortgage. (2:57)
- Rarely-mentioned reason most people considering Velocity Banking would fail if they tried it. (5:09)
- Big picture considerations ignored by Velocity Banking, but not by Infinite Banking. (6:49)
- How to use Infinite Banking to get similar results without the risks and headaches of Velocity Banking. (7:15)
- Why Velocity Banking only works for disciplined consumers, and the disastrous consequences waiting for undisciplined users. (8:23)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard some people borrow from their life insurance policy and don’t pay it back. And you might be thinking: “I’ll do the same thing! Why not?”
You’ll want to listen to this episode because I’ll share why not treating yourself like an honest banker is a bad idea.
I’ll also explain all the repayment options available to you, and what to do if you have a financial hardship and don’t think you can repay your loan like you had planned.
Listen now!
Show highlights include:
- “Repayment Refresher”--The many ways to repay your loan and how to set up a loan repayment. (1:47)
- Loan payment “magic trick” for life insurance loans that conventional bank loans can’t match. (3:17)
- Why I don’t recommend using dividends to repay your loan, even though you could. (5:15)
- Money’s tight? Can’t repay your loan? Try this before surrendering. (5:49)
- What really happens if you don’t repay your loan. (7:01)
- How reckless borrowing and careless repayment can combine to cost you your policy. (8:32)
- The tax return nightmare that follows a policy lapse. (9:26)
- Why the “honest banker policy” is the best approach to IBC. (9:54)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You know one of the benefits of an Infinite Banking Concept is the ability to “be your own banker” and borrow against your life insurance policy.
But you might be wondering: “How exactly do I do that?”
No need to worry, because in this episode I’ll lay it all out for you step-by-step. I’ll also explain why even though it isn’t an “instant” process, IBC clients still prefer it far more than conventional bank loans.
Listen now!
Show highlights include:
- Why you can borrow against Whole Life insurance, but not Term Life. (1:40)
- What to ask your agent if you aren’t sure if you can borrow yet. (2:55)
- The “95 Rule” to quickly estimate how much you can borrow. (3:45)
- How your agent can often get your funds faster than requesting your loan online. (4:11)
- Real reason your Whole Life insurance company only sends one statement per year. Hint: It isn’t to save paper. (5:28)
- Want to borrow without paperwork? It’s possible, but here’s what you need to know before you try. (6:33)
- What actually happens with the interest you pay when repaying your loans. (7:42)
- How long it takes to get the funds you request, and common variables that could make it faster or slower. (9:15)
- Great loan debate: Small loans more often, or big loans occasionally? The clear winner explained. (10:59)
- Why clients prefer borrowing against Whole Life insurance instead of traditional loans from a bank. (11:50)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
It’s not uncommon for people to hear about Infinite Banking and think it’s too good to be true. They think there must be some downside!
And while I don’t believe there are any actual downsides, there are a few things that could look bad when you’re just starting to learn the ins and outs of IBC.
So, in this episode, I’m going to walk you through those concerns and explain what’s actually happening. I’ll help you see there is no “boogeyman” waiting in the closet to surprise you once you start Infinite Banking. There’s just an effective way for you to make your money work better for you and your plans.
Listen now!
Show highlights include:
- The one type of person Infinite Banking cannot satisfy. (1:11)
- Startup Secret: How treating Infinite Banking like a business transforms what looks like a downside into a sensational benefit. (2:44)
- Why good advisers insist you read Nelson Nash’s Becoming Your Own Banker before meeting with them. (6:54)
- “Premium Myth” busted: Why you don’t need astronomical premiums for an effective Whole Life policy. (7:34)
- Real reason Whole Life premiums are higher than Term Life, and why that shouldn’t scare you. (8:04)
- Thinking about IBC but also want investments? Overlooked way to do both instead of just one. (10:30)
- How to fund a Whole Life policy without a lifetime of premium payments. And how to know if this approach is right for you. (11:09)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Everybody thinks about retirement.
Not everybody thinks about how they’ll have the cash flow they need to enjoy retirement.
Today I’m here to help you with that. I’ll explain four different options for retirement cash flow so you can see which ones make sense for you.
Listen now!
Show highlights include:
- Cash Flow vs. Big Pile of Assets: Which one is better, and how to get them playing on the same team for even better results. (0:48)
- Potent “1-2 Punch” Whole Life insurance delivers in retirement years. (1:39)
- Why borrowing against your Whole Life Insurance cash value in retirement beats loans from commercial banks. (1:50)
- Simple but proven borrowing strategy to ensure you’ll have the cash you’re counting on when you need it most. (2:18)
- Thinking about partial withdrawals? Here are the “pros and cons” to weigh so you can make the right decision for youself. (3:08)
- Why Uncle Sam loves it if you terminate your Whole Life Insurance policy. (3:45)
- Safely navigate the “annuity maze” with this high-level overview of the different annuity types. (6:29)
- How to leverage Whole Life Insurance to easily double your cash-flowing assets. It’s legal, ethical, and more popular than ever. (8:20)
- Surprising way a part time job could increase your Social Security benefits by 8 percent each year. And how to decide if it’s worth it. (9:28)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Your savings options are limited if you want to access money tax free: there are Roth IRAs and cash value life insurance.
You won’t know which option is best for you without taking a closer look, so in this episode I’ll give you an honest overview and explain why I always prefer Whole Life insurance.
Listen now!
Show highlights include:
- How Whole Life spares you the headaches of calculating income and worrying about restrictions. (4:51)
- Why a savings account you can access tax free is essential to future proof your finances. (5:51)
- Is Uncle Sam a good business partner for you? Knowing this one thing will help you decide. (5:59)
- The “1-2 Punch” of Whole Life insurance to spare you from market volatility and still gain value. (6:40)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard about Index Universal Life (IUL) policies, and the benefits sound great: Who wouldn’t like the sound of getting to enjoy (limited) climbs in the stock market while being protected against crashes.
But these policies have real dangers too many people don’t know about, like losing cash value or even the policy, and are not great for practicing IBC.
Thankfully you don’t have to be one of those people. Because in this episode I’ll tell you what you need to know when considering IULs. I’ll also reveal sneaky things agents have said and done to lure unsuspecting clients so they won’t be able to hook you into something you’ll regret.
Listen now!
Show highlights include:
- How I went from mesmerized to “wide awake” about the reality of IULs. (2:28)
- Why IULs become a “ticking time bomb” ready to blow up when clients need them most. (4:37)
- The real-life nightmare lurking behind the first policy loan clients took from a IUL. Don’t let this debilitating expense surprise you too. (8:38)
- Experienced attorney–with more than 300 cases in four years–reveals red flags to look for to keep yourself out of financial harm’s way. (9:44)
- Simple reason you can’t be diversified if you’re only in the stock market. And how to truly diversify instead. (12:28)
- Shady recommendations used by real agents. Run away if you ever hear these used on you! (13:03)
- Shocking truth: Why a lot of agents and reps don’t really understand the products they sell. (18:33)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard the advice: If you can afford it, get a 15-year mortgage because of all the interest you’ll save compared to a 30-year mortgage.
It’s true you’d pay a lot less interest to the bank on a 15-year mortgage, but does that make it the best decision?
In this episode I’ll explain what else you should consider before tying up extra income in a 15-year mortgage, and why in most cases there’s a better way to approach it through whole life insurance and the Infinite Banking Concept.
Listen now!
Show highlights include:
- Half truth: What typical 15-year mortgage advice gets right, and what it misses at the same time. (1:18)
- How to make more money using IBC than you’d get in saved interest from a 15-year mortgage. (2:20)
- Why the method that works best mathematically (and doesn’t involve whole life insurance) gets wrecked again and again by Parkinson’s Law. (5:30)
- The HELOC “money mirage” that could leave you powerless when you need to borrow the most. (7:48)
- Overlooked reason why paying cash for a big purchase is like lighting money on fire. (8:06)
- The Great Equity Debate: Head-to-head comparison of home equity vs. whole life equity. (9:41)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You know without financial literacy your kids will become sitting ducks for credit card companies. But when do you start teaching? And how can you do it without boring them?
In this episode I’ll share appropriate ages to begin (and advance) a child’s financial education, key topics to cover, and how to create teachable moments they’ll remember.
Listen now!
Show highlights include:
- Why you can start teaching kids about money sooner than you think. (1:46)
- How Dollar Tree can teach your kids about taxes. (2:06)
- Forgotten fundamental, rarely taught in school anymore, that shields your child from the allure of credit cards. (3:42)
- The Great Allowance Debate–Why giving your child an allowance could leave them unprepared for adulthood. (4:54)
- Simple “10-10” Rule to teach children about giving and saving. And how one modification makes it great for adults too. (11:23)
- Double Trouble looming for retirement savings locked up in IRAs or 401Ks. Many don’t realize the danger until it’s too late and costs a small fortune. (13:22)
- Ideal age to give your child Nelson Nash’s book, and how to help them grasp harder concepts. (15:34)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Infinite Banking is meant to help you take control of the banking function of your life, and keep your savings safe from the volatility of financial markets.
But lately some self-proclaimed IBC specialists are setting their clients up with a type of permanent life insurance that looks good on paper, but actually exposes their savings to the same type of uncertainties they were trying to avoid in the first place.
In this episode I’m sounding the alarm! I’ll explain what these policies are, why the information used to promote them is never an accurate picture, and what you should do to actually keep your savings safe.
Listen now!
Show highlights include:
- Agent says he’s an IBC specialist, but wants to hook you onto an Index Universal Life policy. What to know before you take the bait. (0:39)
- Surprising guarantee tucked into IULs that are a boom for the company, but a bust for your wallet. (4:27)
- Asset or investment? The best way to look at life insurance, and why approaching it the wrong way is an expensive mistake. (8:37)
- Why people who hate inflation love Whole Life insurance companies. (11:20)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
We might be in a new year, but the important principles Nelson Nash taught in Becoming Your Own Banker remain timeless.
That’s why in this episode we’re diving deeper into the book for more important takeaways. I’ll share what Nelson called “The Golden Rule,” and why treating your whole life insurance plan like a business startup can change your outlook (and results) for the better.
Listen now!
Show highlights include:
- “Golden Rule” (not the one from the Bible) that’s crucial to your financial wellbeing. Fail to learn this and you’ll always struggle. (2:39)
- How your feelings keep you in financial prison, even though the door is unlocked. (3:26)
- Overlooked fact of the U.S. Constitution that’s a breath of fresh air against suffocating government spending. (4:33)
- Entitlement trap snaring the country, and why it hamstrings your ability to thrive. (5:31)
- Why Japanese business philosophy can make your IBC strong from the start and better in the long run. (5:55)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You owe the US Government $519,000 (and growing).
That’s how much you (and every other American) needs to pay in order to bring down Uncle Sam’s debt. What’s even crazier is this:
According to retirement expert Ed Slott, the Federal government can increase their percentage of your savings whenever they need more money — and that day is coming soon.
So the question is, how much will the government take away from your retirement account?
In today’s episode, I reveal how you can avoid the government legally taking more of your hard earned money.
Listen now!
Show Highlights Include:
- The US government owes over $173,000,000,000,000 in unfunded liabilities. Check out this website to see the exact breakdown U.S. National Debt Clock : Real Time (usdebtclock.org) (3:25)
- How to get to a 0% tax bracket (and transform your retirement) by clicking “add to cart” (4:47)
- The four letter word that explains why your tax rate could double (or else the country could go bankrupt) (6:05)
- Excited to get a tax break in 2023? Here’s why doing so could force you to pay taxes at a rate as high as 48% (like in Australia) (7:24)
- Are you a sitting duck for a revenue hungry Uncle Sam? (8:05)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Walt Disney, JCPenney, and Ray Kroc.
What do all these ultra-wealthy individuals have in common? They all possess, “The Secret of the Affluent”, as coined by the New York Times. In layman’s terms, they all got ahead in life, not by spending their own money, or taking out a loan, but…
By borrowing against their whole life insurance policy!
So, why do the ultra-wealthy leverage whole life insurance policies?
Deposit amounts are unlimited (and NO income limitations) No tax on the growth of your account No tax when accessed either (if structured correctly) Any money left over for your children and grandchildren can NOT be taxed by the money hungry federal government.
Sounds pretty good, right?
Well, in today’s episode, I reveal a few more tricks the ultra-wealthy do to amass true wealth, while paying as little in tax as possible.
Listen now!
Show Highlights Include:
- The counterintuitive way to earn an extra $2,000 by spending $3,000 (1:11)
- Bank won’t provide a loan to start your business? Use the “Walt Disney” source of finance to kickstart your entrepreneurial journey (2:12)
- How Ray Kroc, the founder of McDonald’s, used “The Rich Man’s Roth” to create the McDonald's empire (3:51)
- Access your life savings — tax free — with Tony Robbins’ “Private Placement Life Insurance” (6:03)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Elon Musk can be polarizing, but like him or not he’s saying something about government spending you ignore at your own peril.
That’s why in today’s episode we’re taking a closer look at the alarm bell he and others are ringing loud and clear. You’ll know why this matters so much, and why you should urgently protect your savings from the volatility lurking around the corner for the American economy.
Listen now!
Show highlights include:
- Do you suffer from the Ostrich Effect? Why so many Americans put their head in the sand and ignore the national debt. (2:10)
- Shocking “bottomless pit” the government shovels money into. Swallows even more tax dollars than the military and leaves you with nothing to show for it. (3:30)
- True source of inflation they don’t want you to know about. (3:47)
- Can it really be that bad? What would happen if the national debt remains unaddressed. (5:38)
- Why 53 trillion is the scariest number in economics. (6:05)
- Real reason Social Security is on the brink of collapse. (8:42)
- Why conventional retirement accounts have a giant bullseye irresistible to politicians hunting for funds. What to do to protect your savings instead. (11:40)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
We’re all human, so if you’re having a problem you can be virtually certain you’re not the only one. Especially when it comes to finances!
But just because most people have financial struggles doesn’t mean you have to keep suffering right along with them. That’s why in today’s episode I’ll share some common problems that derail the ability to achieve financial goals, and help you see how to keep them from wrecking you too.
Listen now!
Show highlights include:
- How obeying Parkinson’s Law puts you in financial prison. (1:45)
- Why most people have a hard time saving, even if they get a big raise every year. Hint: It’s NOT inflation! (7:27)
- Are you getting mugged in broad daylight by the world’s biggest thief? A simple way to tell. (8:56)
- Sneaky reason heavily-promoted “tax oasis” is actually a mirage. Recognize this now or you could lose 50% or more of your retirement savings. (12:00)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard the best whole life insurance policies can give you return of premium (aka dividends). But you’ve wondered if this feature is too good to be true, or at least exaggerated to sound better than it really is.
This episode is for you! Because we’re talking more about creating your own banking system, and getting real about the actual potential for dividends.
I’ll also share "need to know" information so you can set an appropriate death benefit, make loans to yourself the right way, and use infinite banking to save a fortune that you’d otherwise surrender to banks.
Listen now!
Show highlights include:
- Are dividends overhyped? Real-world examples show how good they can get with good timing and the right funding. (1:17)
- What to do when your need for finance is greater than your need for life insurance. (3:22)
- Can you actually have too much death benefit? What my professional experience has taught me. (4:25)
- “Think like an insurance company” secret to set up your policy to do what you want, without spooking the underwriters. (5:04)
- Shocking truth about the money you borrowed to buy your last car. You’ll never be able to look at auto loans the same way once you know this. (6:29)
- How to know when to open additional whole-life policies so you never stretch yourself too thin and don’t miss out on maximizing your banking system. (10:15)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Imagine a savings tool that had:
- Guaranteed growth/return on investment (and we’re not talking under 1% like you get in savings accounts)
- Liquidity (access your savings income — tax and penalty-free — whenever you want)
- Borrow against the full amount of your savings (without risk of a margin call) — rather than withdrawing your money. Allowing your savings to continue to snowball and grow!
And you know what?
I only mentioned a fraction of the benefits here. In this episode, I reveal the additional 10 benefits this savings tool has. And if your investment vehicle doesn’t have these, you’re putting yourself at risk of inflation, banking greed, and the ever money-hungry Federal government.
Listen now!
Show Highlights Include:
- How to get a guaranteed return on your investment until you’re 121 years old (and leave a legacy for your children and their children) (1:35)
- Why having a “SFC” mechanism could prevent you from depleting all your life savings (1:57)
- How to unlock your retirement savings without retiring (without incurring a 10% early penalty) (2:53)
- Scared of your nest egg going down the drain during a recession? Here’s the “WLI” policy that eliminates market volatility from your savings portfolio (3:20)
- How to borrow against the full amount of your savings (without the risk of a margin call) (3:35)
- Struggling to keep up with principal + interest repayments on your loan? Here’s how to pay interest only for as long as you want (4:07)
- How to save as much as you want with no ceiling or cap (even if you earn a million dollars a year) (4:58)
- The simple way a “WLI” policy allows you to leave a legacy, and hand down your wealth to your children and grandchildren (all inflation proof) (5:45)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve read Nelson Nash’s Becoming Your Own Banker or listened to previous episodes of this podcast where I’ve shared some of the most important ideas and information from his timeless book.
And now you’re thinking becoming your own banker might be something you should do. So now what?
How do you do it? Why would you want to? What’s involved to get it going?
Don’t worry! In today’s podcast I’ll help you with all of those questions. I’ll also share how the whole life insurance companies make their money so you can have confidence your new banking system won’t be built on shaky ground.
Listen now!
Show highlights include:
- Why failing to understand opportunity cost is keeping you broke. (1:34)
- A little-known magazine article, from 1993, that reveals the key big business used to turbocharge their profits. And it can unlock wealth for you too. (2:18)
- The first places you should look if you can’t find the money to start a whole life policy. (3:58)
- Actuaries, rate makers, and lawyers are all involved in putting together an insurance policy. Here’s what they do and why they’re actually necessary. (6:15)
- Does smoking “wacky weed” result in wacky rates? Why occasional marijuana use doesn’t always affect your insurance premium. (6:22)
- How whole life companies make enough money to consistently honor their contracts. (8:50)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Tired of the stranglehold commercial banks have on you? Wouldn’t it be nice to just own your own bank!
But owning a brick and mortar bank would take years to do and more money than most of us have lying around.
Thankfully there’s an ethical way to take control of your finances, much like a banker, without all the hurdles to clear and capital to come up with. In this episode I’ll explain what it is, why it’s so much easier than owning a bank, and why more people aren’t using it already.
Listen now!
Show highlights include:
- What it really takes to open a commercial bank. (1:17)
- Disturbing truth about the money the bank loans you. (6:36)
- Wall Street Houdinis–Perilous way banks “create” money out of thin air. It’s legal, and you’re probably enabling it! (7:00)
- How a proven 200-year old financial product remains underutilized by the people who can benefit from it the most. (9:36)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You already know it’s hard to pay your bills and provide for your future because of inflation.
But there’s something else chewing up your income. And you probably don’t realize how big a bite this monster is taking. That’s because there’s a clever distraction the banks happily use against you.
In this episode I’m going to explain to you just what’s going on. And I’ll use examples from Nelson Nash’s classic book to do it. You’ll see how this problem has grabbed Americans’ spending power by the throat, and how you can escape the stranglehold.
Listen now!
Show highlights include:
- “All-American” secret, ignored by most, that can liberate you from financial struggles. And it’s way more secure than stuffing money under your mattress. (1:31)
- The three things Americans spend nearly all their money on: The actual percentages will shock you. (3:10)
- Why financing is involved in any purchase you make, even if you pay cash. (4:24)
- How moving at least once every 10 years makes your bank love you. (5:37)
- What to look for instead of interest rates. Ignore it and you’ll get buried by interest even if rates are historically low. (9:08)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
There’s a big money problem that is slowly crippling the entire country.
It’s been two years since I talked about this on my podcast, but I’m doing it again in this episode because the problem is only getting worse.
I’ll also share a solution to this problem, and why the best thing you can do for yourself is also good for your nation: whether you consider yourself patriotic or not.
Listen now!
Show highlights include:
- The question Jesus asked a lame man that can help you get back on your financial feet. (2:32)
- Behind-the-curtain look at how the Federal Reserve conspires with banks (3:21)
- “Messed up” legislation, passed in 2010, that forces you to spend your money to rescue your bank, no matter how irresponsible they were. (3:36)
- Common sense way to fight inflation without aiding and abetting the bank. And it’s way more secure than stuffing money under your mattress. (4:51)
- Buying real estate? Why banks and mortgage companies don’t mind (and won’t penalize you) if you’ve already taken out loans against your whole life insurance. (7:11)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Albert Einstein is credited with saying “Compound interest is the eighth wonder of the world.” And one of the perks of IBC is that compound interest can work in your favor, even when you borrow against your whole life policy.
But does that mean you should park all your money in savings accounts, or do you need to keep your money moving?
It’s a popular debate with a definitive answer. And in this episode I’ll explain a slide used by Nelson Nash to compare compound interest to keeping your money in motion.
What he discovered might surprise you.
Listen now!
Show highlights include:
- How to get the biggest impact from the money you borrow from your banking system. (2:58)
- Why IBC can help you become a profitable landlord without the anxiety and headaches of conventional real estate investing. (3:06)
- The “Sherwin-Williams secret” that will change how you look at savings accounts forever. (4:32)
- Real reason banks want you to keep your money in savings accounts. (7:59)
- Ever wonder why bank vaults aren’t bigger? Here’s why. (8:14)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
If you’ve owned your own business you know how hard it is just to get the doors open, let alone to keep things running long enough to turn a profit. But did you know that hard-earned wisdom is a great advantage when you apply it to Infinite Banking!
And if you’re not a business owner, that’s OK. Because in this episode I’ll share and explain one of Nelson Nash’s favorite illustrations so you can learn these important lessons, even if you don’t have an entrepreneurial bone in your body.
Listen now!
Show highlights include:
- How a grocery store provides a great framework to think about Infinite Banking. (0:48)
- Secret motivation that propels business owners to work 12 hours a day, 7 days a week and how you can harness it to stay on track with your financial goals. (5:28)
- Why a trip down the produce aisle will make you better with money. (6:55)
- Crippling “owner’s mentality” that destroys small businesses and could also wreck your retirement planning. (8:44)
- Surprising reason paying more interest saves you money. (11:31)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard of Nelson Nash and Infinite Banking, but you might be wondering: how did he come up with this idea in the first place?
In this episode I’m going to share that interesting story as he explained it in his book. But more importantly, you’ll be able to see how your willingness to learn from everything you do, and apply your unique perspective to your problems, can help you overcome your biggest challenges…even if it feels like you’re at rock bottom.
Listen now!
Show highlights include:
- What insurance agents secretly hope you won’t ask them about the products they offer. Could be costing you thousands of dollars! (2:34) - Fundamental real estate principle to change how you look at money for good. (4:50) - What one of Nelson Nash’s most powerful quotes really means, and how to use it so you don’t stay dependent on commercial banks. (5:47) - “Like a baseball bat across the eyes.” Perspective shift that lets you boldly rally from rock bottom, even when things look their worst. (7:38) - How to “BYOB” your way to the right funding level for your policy. (10:42)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard of Nelson Nash, but you haven’t read his classic book yet. Or you’ve read it, but it’s been awhile. Either way, I’ve got you covered as we look at some of the biggest ideas from Becoming Your Own Banker.
In this episode we’ll start with his very first page of writing. You’ll see what the banks have figured out, and why learning it for yourself can change your life and your net worth.
Listen now!
Show highlights include:
- Why Nelson Nash’s book should still be first on your list instead of newer works on IBC. (1:25)
- “97-3-10 Rule” of wealth accumulation that should shock you out of complacency with your personal finances. (3:17)
- Two businesses every businessman should be in if they really want financial freedom. (4:15)
- Surprising similarity between money and water. Understand this and you can win big with your finances. (4:33)
- Legal way banks use your own money to keep you broke while they thrive. (6:23)
- The two questions you must answer when wondering if IBC is right for you. (8:17)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You know enough about Infinite Banking to know you can use a Whole Life policy to effectively make loans to yourself. But you’ve also heard critics say it takes a long time before you can get access to the funds.
In this episode, I’ll cut through the confusion to give you a realistic picture of just how soon you’ll have access to funds you can borrow against. I’ll also share why, with some companies, you can now access funds sooner than ever before.
Listen now!
Show highlights include:
- Critics say it takes forever to access funds in your whole life account. Here’s how to do it in weeks, not years. (1:06)
- Paying monthly premiums? Here’s how long you should wait to borrow against that account. (3:38)
- Powerful tool helps you knock out debts while only tapping your account once per year. (3:58)
- The friendly employee your bank has, but the insurance company doesn’t. And the surprising reason the financially savvy want to keep it that way. (4:55)
- Really want to borrow against your plan right away? Here’s how to do it with enough cash value to avoid long waits. (6:36)
- Using your checking or savings account to hold a big down payment on a house? Where you could put that money instead so it works harder and more efficiently for you. (7:18)
- How the Paid Up Additions rider works so efficiently, and what to look for so you don’t get surprised when it’s time to move your money. (8:30)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
There are different reasons people think Infinite Banking couldn’t work for them. But the most common concerns are age, health, and income.
If you’ve ever wondered “Am I too old?” or “Do I have enough money?” or “Will my high blood pressure get in the way?” this is your episode!
I’ll explain what factors are most important to qualify for the whole life coverage you need for efficient Infinite Banking. And I’ll share strategies you can use to get this coverage even if your health isn’t as good as it used to be.
Listen now!
Show highlights include:
- Your biggest concerns about your ability to get coverage aren’t really the biggest concerns. The single factor that trumps both your age and your income. (0:45)
- Want to insure a relative? It’s possible, but not always as easy as you think. (0:56)
- “No risk” way to consider underwriting even if you have common health issues like high blood pressure or high cholesterol. (2:05)
- The practical reason to be completely honest filling out paperwork about medical conditions. (2:37)
- “Big picture” view of insurance ratings and how the different rate classes affect Infinite Banking. (4:16)
- Rating class too low for a whole life policy that works great with IBC? Do this immediately. (5:02)
- Waiting until your health improves before you get coverage could be the biggest mistake of your life. Here’s what to do instead. (5:48)
- Why a lower health rating doesn’t drive up IBC costs as high as you think. (9:32)
- Definitive answer to the age-old question: “Can IBC really work for me?” (10:58)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
When a couple comes to me with one income earner and a “stay at home” spouse, they usually think they should only insure the one earning the income.
But this is a perilous decision that leaves you exposed to financial vulnerabilities that are hiding in your blind spot.
In this episode, I’ll shine a light on those dangers, and show you how you can get the coverage you need even if you think it’s currently beyond your ability.
Listen now!
Show highlights include:
- “Hiding in plain sight” reason breadwinners miscalculate how much coverage their spouse needs. (1:29)
- Dark way your emotions betray you in IBC planning. (6:30)
- Why all the benefits of IBC can’t save you if you refuse to be honest about your insurance needs. (7:55)
- Strategic way to use term life to cover your spouse if whole life isn’t an option. (9:00)
- Secret reason the ultra-rich put whole life coverage on their stay-at-home spouse, even though they don’t need the death benefit. (11:52)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
You know IBC is flexible enough to utilize for all sorts of financial plans. And if you plan to use your banking system to help you finance things like cars or college you might be wondering: “Should I have different policies for different uses, or is it fine to do everything I want from one policy?”
It’s a great question, and in this episode, you’ll hear why the answer largely depends on where you are in your IBC journey, and what you want to accomplish.
I’ll also explain when one Whole Life policy is enough, and when you should have several.
Listen now!
Show highlights include:
- Why it’s better to start IBC as high as your budget will allow instead of starting lower and increasing later. (1:18)
- Dangerous thing some Whole Life companies allow that could destroy your IBC system. Especially if you don’t read your mail every day. (2:20)
- “Irreplaceable” asset you lose forever by starting small to test out IBC. (4:50)
- Surprising ways to make arrangements for yourself and your family, even if you can’t afford a plan for every family member right now. (6:50)
- What Infinite Banking can do for your young scholar that a college savings plan can’t. (9:12)
- How multiple policies can save you from accounting nightmares, especially if you don’t like keeping close track of everything yourself. (10:35)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard about the flexibility Infinite Banking provides, but you might be wondering: Can I pull income from my IBC plan in my retirement?
The short answer is a resounding “Yes!”
But there are a few things you’ve got to keep in mind before you rush to take out funds.
That’s why in this episode I’ll explain how it works, and what to watch out for so you don’t make a very expensive mistake.
Listen now!
Show highlights include:
- What’s the difference between building a policy in a more traditional way vs. building for IBC. (2:00)
- Will Dave Ramsey ever like Whole Life insurance? Why Valerie thinks he’d never admit it, even if he secretly changed his mind. (6:00)
- “Should I go for a low base premium?” Why this trend is a choice you’ll regret. (8:06)
- How to balance your policy so you aren’t low on cash when you need it the most. (9:51)
- A whole life contract you don’t have to pay premiums on for your whole life? It’s possible! Details here. (10:32)
- Why the strategy for repaying loans to yourself changes once you hit retirement. (11:32)
- Two lurking dangers waiting to ruin you if you don’t structure how you borrow against your policy. (12:20)
- What a policy lapse is, and why it’s especially bad if you’re in retirement age. (15:04)
- 10 years away from retirement. Is it too late to prepare? Valerie’s answer. (15:42)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
With traditional methods, you can do one of two things with your money: Spend it, or save it.
If you spend it, that money’s gone and can’t be used for anything else. And since you’ve spent it, it can’t appreciate for you: meaning you miss out on more than just the face value you spent.
That’s why it’s important to think about opportunity cost: the dollars you really miss out on when you have to spend your resources instead of saving or investing them.
In this episode I’ll explain exactly what I mean by this. I’ll also share how IBC can safeguard you from squandering a fortune in opportunity costs.
Listen now!
Show highlights include:
- How IBC lets you “have your cake and eat it too” with your money. (2:57)
- What is “opportunity cost” anyway? Crystal clear definition to eliminate confusion. (3:03)
- Sneaky way car payments keep you broke, even if they’re well within your budget. (3:52)
- How to spend today without compromising your savings for tomorrow. (8:17)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
By now you know your most valuable asset is your ability to earn an income. And you realize you can use disability insurance to protect yourself against absolute financial disaster.
But you might still be thinking that common thought: “Other people get hurt, sick, or disabled, but that’s not going to happen to me.”
In this episode I’m sharing real life examples so you can see that real, ordinary people do end up needing this coverage. And why even though there are limits, disability coverage provides a whole lot better than nothing in the event you do need those benefits.
Listen now!
Show highlights include:
- Jarring reminder of how quickly your world can unravel from disability. IF you aren’t prepared. (1:38)
- What a fancy yacht can teach you about disability insurance. (3:09)
- How to navigate a gap in your company’s coverage so you aren’t caught unguarded if you get sick or injured. (5:10)
- How an individual plan can keep COBRA from squeezing your savings. (6:22)
- Surprising real life disability claims prove unexpected things happen even if your job isn’t dangerous. (8:23)
- Didn’t know it covered that? Arthritis, asthma, and other common ailments that can be covered by disability insurance. (10:12)
- They didn’t think they needed coverage. Heartbreaking account of “I don’t need it” turning into “I wish I had it.” (10:58)
- Why you could still qualify for disability payments even if you’re able to work a different job. (12:10)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Your most valuable asset is your ability to earn an income. But the majority of Americans do little to protect it.
This is alarming because nearly ⅓ will suffer a disability sometime in their career that forces them out of work for at least three months. And it’s not just people with tough jobs like building bridges or mining coal.
If you’re one of those under-prepared Americans, don’t panic just yet…
Because in this episode I’ll explain how you can protect yourself against a disability that would obliterate your finances.
Listen now!
Show highlights include:
- Four dangerous myths that stop people from buying critical coverage. (1:43)
- The surprising survey that says half of working Americans are just a few weeks away from financial ruin. (2:24)
- Why you don’t have to work in a dangerous industry to be at risk of disability. (3:17)
- Long term disability coverage won’t cover something you already have? Here’s why to get the coverage anyway. (4:19)
- How a comfortable desk job makes you a prime candidate for long term disability coverage. (5:00)
- Think Uncle Sam will take care of you if you’re disabled? (5:27)
- Why trusting your company’s disability plan could let you down when you need it most. And complicate your taxes! (7:31)
- Questions to ask Human Resources to know for sure your company’s disability coverage is right. (7:52)
- When short term disability coverage actually lasts long enough. (9:20)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard the conventional wisdom: “Save 10% for your future self.” But different experts say different things…10%, 20%...who’s right? And what if your expenses are so high you think you can’t save anything?
This is the episode for you if you’ve been wondering about how much to save toward retirement. I’ll explain why there isn’t a “cookie cutter” answer, and what to consider as you make your own decision.
I’ll also share surprising pitfalls you need to watch out for so your assets don’t get plundered.
Listen now!
Show highlights include:
- Why it’s impossible to put a percentage on how much you should save for the future. (1:25)
- Overlooked expenses that leave retirees struggling to keep their house–even though it’s paid off. (2:09)
- Tax man’s 1-2 punch waiting for you in retirement. Know now so you won’t get sucker punched! (3:34)
- Heartbreaking way assisted living needs can expose your assets like a carcass in the desert…and the vultures waiting to pick it clean. (5:30)
- How to use IBC to protect yourself in your retirement years. (9:30)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You like the idea of IBC, but you’re wondering if you really have the money it takes to get started.
You’re not alone! It’s normal for clients to wonder if they can really afford this, and how much they need to get started. That’s why in today’s episode I’m going to help you understand why I advise the funding levels that I do.
I’ll also explain why your exact number won’t be the same as somebody else’s, and why that’s a good thing!
Listen now!
Show highlights include:
- Counterintuitive reason you should always aim for the high end of your budget range. (1:14)
- The one question you need to ask to know the right level for you. (1:25)
- What IBC rookies misunderstand about borrowing and the death benefit. (2:11)
- What a coffee stand can teach you about IBC. (3:25)
- Tight budget? Try looking in these places to find the funds you need for your premium. (7:19)
- Unexpected (and costly) headaches if you try to go UP in premium after you’ve started your policy. (9:11)
- How to use term life insurance to maximize IBC…and you won’t need any extra underwriting! (10:43)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
One of the things we love about IBC is that you can set up a system to BYOB–”Be Your Own Banker” and essentially borrow money “from yourself”…at far lower rates than conventional banks offer.
And while repaying these loans comes with LOTS of flexibility, for best results you do want to get them repaid.
That’s why today I’m talking about ways to do that without burdening yourself with payments, and without giving yourself an accounting nightmare.
I’ll also share an additional option that lets you leverage your existing bank account to repay your loans in a timely and effective way.
Listen now!
Show highlights include:
- Amazing flexibility that comes with borrowing from yourself. Especially great if most of your bills all come due at the same time each month (2:30)
- The one new bank account you may want to acquire for clearer accounting. (3:10)
- Questions you need to answer when determining how to pay yourself back. (3:45)
- It’s possible, at this time, to acquire a whole life policy that only charges you 4% interest on loans. Here’s why you should pay yourself back at a higher rate. (4:33)
- Paid back your loan? Your options for what to do next, explained. (5:45)
- How to leverage your bank’s “bill pay” feature to put IBC’s loan repayments on autopilot. (6:47)
- Important thing to keep in mind regarding your bank’s bill pay option. (9:20)
- “Exacting” way a good agent can help you optimize your loan repayment plan. (10:15)
- The two big “No Nos” of borrowing from yourself. (13:02)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Every now and then I’m asked if churches can use Infinite Banking. And I wish more churches would ask, because the answer is “Yes!”
If you’re in church leadership, or just a member of a congregation you care about, then this episode is for you. I’ll explain why IBC is a great option for churches who want to use their financial blessings wisely. And I’ll tell you why IBC makes more sense than a savings account or CD with the bank.
Listen now!
Show highlights include:
- Why Uncle Sam lets policies built for churches be even better than policies for individuals. (1:10)
- Bank products have their highest interest in years. But here’s why churches should choose IBC instead of getting swept away by the current rates. (2:47)
- Risky thing, I don’t believe churches should do with their money. (4:20)
- Who should the church insure? Surprising reason staff members aren't always the best option. And where they could look instead. (4:45)
- How churches leverage IBC to keep their preacher from being dependent on social security after a lifetime of faithful service. (6:50)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You owe the US Government $519,000.
What? How?
Well, as a nation, we owe over $31 trillion owed in funded liabilities (debt.) And we also owe over $173 trillion in unfunded liabilities (even more debt.)
Worst part?
According to David Walker, ex-CPA of the USA, your future tax rate will need to double — or else the nation will declare bankruptcy.
Imagine paying double the taxes you already pay. With taxes projected to double, trying to build a nest egg will be impossible. Imagine what your retirement would look like if the government legally takes nearly half of your salary (or your retirement income).
In today's episode, I reveal two ways to build tax free wealth.
Listen now!
Show Highlights Include:
- Excited to get a lower tax rate when you retire? Here’s why you could be stuck paying a tax rate of 74% at 80 (5:21)
- How to avoid an insidious “tax” that penalizes you 50% for saving money in your nest egg (9:00)
- 2 tax-free savings vehicles you can access in retirement (10:18)
- Is your income too high for a Roth IRA? If so, check out “CVLI” as an alternative (and pay no taxes on your savings) (10:32)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It’s great to have a whole life insurance policy for each member of your family. But what do you do when your budget simply won’t allow it?
In this episode we’re talking about how to do the best you can with the resources you have so you can provide for your children.
You’ll learn what a Child Rider is and why it’s a great option for most people who have financial constraints.
I’ll also share why the first month after your child turns 25 is a golden opportunity that can help them for the rest of their lives.
Listen now!
Show highlights include:
- Why having a favorite child can get you in hot water with life insurance underwriters. (1:06)
- How to affordably cover all your children, even if you have enough for a basketball starting lineup. (2:49)
- “Know before you go.” Avoid surprises in underwriting by knowing these extra steps needed to add a child rider. (8:35)
- Can’t insure everybody? Why covering yourself first is the best move for your family’s legacy. (10:53)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
The death benefit isn’t the primary concern for most people who use Whole Life Insurance for Infinite Banking. But it’s still important!
In this episode I’ll explain why you cannot afford to overlook what a benefit it is.
I’ll also share a true story that illustrates why, in some cases, the death benefit is the most important part of the legacy you leave behind.
Listen now!
Show highlights include:
- “Immediate relief” your death benefit provides in case of a long term care need. (2:29)
- What happens if you pass away within 2 years of acquiring life insurance. (5:17)
- Unexpected reason term life insurance becomes a secret weapon to protect your loved ones. (7:40)
- “Optimistic” thinking that dooms your loved ones to misery and struggle when you die. (8:04)
- Stunning true story reveals flexibility and benefits of whole life insurance. (10:18)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Everybody who understands Infinite Banking wishes they had known about it sooner. So it’s no wonder many of them ask: “Am I too old to start?”
I get this question a lot.
So if you’re concerned you’ve missed your chance to use IBC this episode is for you. I’ll explain why in most cases it’s not too late, even if you’re already at retirement age!
Plus, I’ll explain your options for those rare cases when age really does get in the way of starting an IBC strategy that meets your goals.
Listen now!
Show highlights include:
- Surprising age when Valerie’s father started IBC. Still think it’s too late for you? (0:51)
- Why starting sooner than later has its advantages, but doesn’t mean you’re sunk if you’re late to the game. (2:17)
- “Legacy Factor” that makes IBC worth it for retirees, even if they’re just starting. (4:29)
- The knowledge trap smart people fall into that derails their financial planning. (4:41)
- Crucial thing to know about your adviser that’s more important for your success than everything you know about IBC. (6:18)
- Want to gift your grandchildren with IBC? Know these hurdles before you start. (8:00)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve come into a big lump sum of cash, and you’re already using Infinite Banking. Naturally you wonder: “Is there some way I can use these funds to help my system?”
Yes! You certainly can. And in this episode I’ll explain your three best options, and why two of them are usually better than the other.
In the interest of full disclosure I’ll also share a fourth option. It’s NOT the best idea in most cases, but I’ll tell you why it makes sense sometimes.
Listen now!
Show highlights include:
- The first place to look if you have a lump sum and want to use it toward your existing IBC. (1:04)
- Surprising reason why paying extra now could cost you a lot more later. (2:30)
- Critical questions you need to ask before using a lump sum to establish more whole life policies. (5:00)
- “Premium” rule for growing your banking system, and how to leverage it in your favor. (6:25)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve just come into a big lump sum of cash, and you’re ready to get started with Infinite Banking.
Is it best to put it all into your banking system right away, or is there a better approach?
In this episode I’ll share why it usually isn’t best to put an entire lump sum into a new banking system. I’ll also explain an option on how to get that entire lump sum into your IBC over time, without spending that excess money on other things in the meantime.
Listen now!
Show highlights include:
- Troubling “domino effect” set off by overfunding your system at the beginning. Why the last domino could be an expensive visit from Uncle Sam. (1:15)
- One suspicious thing new IBC clients do that always alarms the underwriter. (5:30)
- How to find the “sweet spot” for spreading out a lump sum. (8:21)
- The real lynchpin in a policy started by lump sum dollars. Hint: it isn’t how much you put in today. (9:20)
- Components of a sustainable IBC strategy, and why it isn’t as easy to put together as you think. (10:00)
- Clever way your insurance company can help your lump sum do its job over time without risk you’ll spend the money on something else instead. (11:30)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
There’s been a lot of buzz around Universal Life Insurance policies. Mostly because they offer great flexibility in their premiums, and they sound great at first glance.
So you might be wondering: is this a better way to do infinite banking?
That’s what I’m talking about today on the podcast. I’ll explain what Universal Life Insurance is, and why there are several types. And I’ll tell you why I still believe whole life insurance is the way to go.
Plus, if you’ve got term life insurance you’re hoping to convert to whole life in the future: I’ll share something you need to look out for.
Listen now!
Show highlights include:
- Sneaky reason insurance companies keep introducing new Universal Life policies. (1:47)
- How clients with Universal Life policies often end up with no cash value in their policy. And why it’s more common than you think. (3:30)
- Term life insurance premiums can double, triple, or more from one term to the next. Here’s what to do if it happens to you. (5:12)
- You can have a whole life policy and only pay for 10 years. But should you? What to consider before deciding. (10:00)
- Nelson Nash’s guiding principle that lets you use IBC even if you never have a bank account or insurance policy. (11:36)
- Shocking details lurking inside universal life policies. Great for the insurance company, but is it good for you? (12:17)
- What the TikTok influencers aren’t telling you about universal life. (13:54)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It can be hard enough to pay all your bills when you’re healthy.
What if hardship strikes and you can’t make your bills? How will you ever pay your whole life insurance premium? Is your policy doomed to lapse, or is there something you can do?
This is a question I get a lot. And today I’ll explain different options (all legal and ethical) to keep your Infinite Banking plan together when life seems to be falling apart.
Listen now!
Show highlights include:
- Prime place to look for relief if your hardship comes from being unable to work. (1:15)
- How to borrow against your policy to pay your policy, without destroying your available cash value. (1:57)
- Afraid to borrow from your policy to pay the whole premium? Try this instead. (2:47)
- Looking for a premium discount? Hidden way to pay less. (4:36)
- Why missing your grace period isn’t the end of your policy…if you can clear these hurdles. (5:28)
- “Raise the roof” reason to fully fund your policy in year one–even if money is tight. (8:32)
- Why forcing yourself to play catch up in funding your policy could open the door to a tax nightmare. (9:57)
- Why you shouldn’t use dividends to pay your premium, even when they’re big enough to do it. (12:06)
- Hard truth behind Universal Life policies’ flexible premiums. They sound appealing until you know this. (14:24)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You like the Infinite Banking Concept, but you honestly wonder: “What company is the best for the whole life insurance I need to get started?”
It’s a question I get a lot! And even though I can’t give a cookie cutter answer, in this episode I’ll explain why that’s actually a good thing. Plus, I’ll tell you what to look for to get a great policy no matter what company you choose.
I’ll also explain the Infinite Banking decision that’s even more important than the insurance provider you pick.
Listen now!
Show highlights include:
- Surprising parallels between insurance companies and world-class heart surgeons. (1:29)
- Avoid the confusion! There are different types of life insurance, here’s exactly why mutual life insurance is best for Infinite Banking. (5:03)
- What Valerie looks for in whole life policies. Good to know regardless of what agent you work with. (5:46)
- Ironic reason an agent who works with lots of companies won’t actually get you the best service. (6:45)
- Why the wrong advisor can hurt you far more than the insurance company chosen. (9:19)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Hypotheticals are one thing, but you want to know: “How do people actually use Infinite Banking to make their lives better?”
Today I’m answering that question the best way I know how: by filling this episode to the brim with examples of what real people have done, and are doing.
There’s no theory or filler in here, just real world evidence of how IBC can help you handle the needs, wants, and challenges of life.
Listen now!
Show highlights include:
- How to buy that house you want, even if you can’t qualify for a big enough mortgage. (1:14)
- Why one client was able to buy a new car without adding a dime to his monthly expenses. (2:20)
- Routine oil change reveals thousands of dollars in needed repairs. How IBC empowers you in this catastrophic situation. (3:39)
- IBC vs. College Expenses. How to win, even if you started late. (4:49)
- How to use Infinite Banking to upgrade your professional practice without freaking out your CPA. (5:41)
- Two factors that make paying off your mortgage with IBC worth it. Do they apply to you? (6:35)
- Overlooked benefits of using IBC to pay off personal debt. (7:33)
- Need these home improvements? Real home repairs and upgrades accomplished through Infinite Banking. (9:41)
- Why I funnel so much money through my IBC. (10:20)
- Little-known way your policy can save itself during financial hardship. (10:52)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
In a world where “too good to be true” usually is, it’s easy to wonder if Infinite Banking works the way advisers like me claim.
Maybe that’s why so many people head to Google and ask “Is Infinite Banking a scam?”
In this episode I’m going to separate fact from fiction so you can see through the confusion and misrepresentations certain “experts” create around IBC.
I’ll also explain why so many qualified financial experts refuse to tell their clients about IBC, even when it could fit them perfectly.
Listen now!
Show highlights include:
- What Dave Ramsey gets wrong about Infinite Banking, and why trusting him on this topic can cripple your financial plan. (1:10)
- Confusing IRS definition that spooks consumers away from IBC and all its advantages. (3:35)
- Dividend danger? Whole life insurance companies can miss a dividend, but how big is the risk really? An honest look. (7:00)
- Why borrowing against your whole life policy isn’t “being charged to borrow your own money,” regardless of what radio experts say. (9:14)
- One reason most advisors don’t promote IBC. Hint: It’s not about your best interest. (15:20)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
Now that you understand long term care coverage and why it’s so important, it’s time to talk about different ways to secure these benefits. Benefits that could be the difference between dignity and despair in the latter years of your life.
In this episode I’ll explain the basic terminology you need to know, and tell you about different options available to you.
Listen now!
Show highlights include:
- Long term care coverage option that’s as easy to understand as car insurance. (1:09)
- Heartbreaking motive behind people dropping long term care coverage just before they need it most. (1:50)
- Benefit Payments 411: What they are. How they work. And the highest benefit amounts I’ve seen. (2:21)
- Why it’s hard to find a policy with a lifetime benefit period anymore, and what periods you can expect to find instead. (3:36)
- Reason John Hancock, with government approval, signed off on raising rates on existing customers. (4:29)
- Why common sense supports getting an inflation rider on your long term care coverage policy. (7:15)
- Long term care coverage that works like a bank CD? How it works explained. (12:30)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You know long term care coverage is something you should look into, but you figure you have plenty of time. It isn't urgent.
But the truth is: waiting could be a huge mistake.
In this episode I'll share why you should secure this coverage sooner rather than later.
Listen now!
Show highlights include:
- Sneaky way forgetfulness can slam the door on your ability to get long term care coverage. (1:15)
- What a "pure" long term care policy is, and when it makes sense to get one. (2:25)
- Little-known way to get lifetime long term care coverage without paying monthly premiums the rest of your life. And it saves big money in the long run. (3:16)
- Nightmare tax Washington unleashed on long term care coverage. How to prepare before the same chaos comes to your state. (4:30)
- How whole life insurance can protect your savings from the government's never-ending spending spree. (12:22)
- Misconceptions about Medicaid and Medicare that wreck long term care planning. (13:13)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It's easy to get confused about long term care vs. long term disability. And without being prepared, you could be setting yourself up for financial disaster at the worst possible time: your senior years.
But don't worry! Today I'm here to clarify. And I’ll explain why long term care coverage is something you should think about, unless you want a huge risk hanging over your head, during your retirement years.
Listen now.
Show highlights include:
- The difference between long term care and long term disability. (1:05)
- Who should get long term care, and the best time to do it. (1:12)
- Two massive reasons to secure long term care coverage before you turn 65. (1:25)
- "Best case scenario" combination of coverage to prepare you for retirement and beyond. (1:32)
- The six daily activities that matter most for long term care coverage, and why lacking the ability to do just two of them is enough for benefits to kick in. (2:52)
- Unexpected reason saving a million dollars for retirement could still put you at risk of bankruptcy. (4:47)
- Terrifying truth of how expensive medical care is. These real world horror stories show why long term care coverage makes sense. (6:13)
- Medicaid Myth: Why you don't really want Medicaid to pay for your assisted living. (8:31)
- Beware of the in-law suite. Why your plan to live with your kids when you're old might not work out the way you think it will. (10:12)
- What to do when even Infinite Banking can't give you a big enough safety net. (11:25)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Ask the average person if they think they'll become disabled, and naturally they'll say no.
And while I hope they're right, the statistics tell a different story. And it's not just statistics: it's real people in the same position as you. Healthy people who never imagined it could happen to them.
The reality is if you don't have a plan to deal with a disability, you're risking financial ruin.
In this episode I'll explain why. And I'll tell you about ways to defend yourself so you can live with dignity even if you become disabled.
Listen now.
Show highlights include:
- Why your mental picture of disability tricks you into not preparing for it. (1:20)
- Young people don't get disabled, right? Wrong! The shocking percentage of 20-year olds who will become disabled before retirement. (1:44)
- Vital coverage more than half the private sector lacks, but at least half of people 35 and older will need. (1:56)
- Overlooked expenses during disability that add up quicker than you think. Could you pay for all of these? (4:19)
- The real number one cause of bankruptcy in America. (5:40)
- Why you should consider disability insurance, even if you have a well-funded IBC in place. (5:46)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Getting started with Infinite Banking is exciting, but it can also make you nervous: Especially if you’re concerned about how to fund it. And many people are, because I'm often asked questions like "How much does it take to get started?" and "Do I need to have a lot of money up front?"
So today I'm here to help calm those nerves! In this episode I'll walk you through those questions so you can start Infinite Banking with confidence.
Plus, I'll give you a "big picture" view of Infinite Banking so you'll be able to set up your plan with the right perspective.
Listen now!
Show highlights include:
- Why "How much do I need to get started?" is the wrong question to ask, and what to ask instead. (1:30)
- How to use Infinite Banking to avert as much income tax as possible, in retirement. (2:45)
- Common mistake that makes time your worst enemy and shortchanges your lifestyle in retirement. (4:15)
- "Boring is better" benefits that make whole life insurance very attractive. (5:20)
- The honest banker's secret to better savings accounts, better retirement funding, and better control of your purchasing power. (6:14)
- What to do if you want to get started with IBC but don't have a lump sum of cash available. (9:13)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You've heard about IBC and it sounds great. But you’re wondering: “How do I even get started?”
That’s what today’s episode is all about.
I’ll walk you through the best process. The process that lets you understand Infinite Banking and have confidence your plan is designed to work for you from the very beginning.
I’ll also share what you should know before meeting an IBC practitioner. And I’ll give you a behind-the-curtain look at meeting with a practitioner so you can know exactly what to expect.
Listen now!
Show highlights include:
- The one book you must read before you start Infinite Banking. And why you should read it before talking to an advisor. (0:54)
- Why you shouldn’t just depend on podcasts–even mine–to get your all knowledge about Infinite Banking. (2:53)
- Surprising reason your IBC practitioner doesn’t want you to have “total confidence” in them. (3:33)
- What does an IBC consultation look like? An inside look at what you can expect. (4:31)
- The "start with the end in mind" way to ensure your IBC plan works in your best interest from the start. (10:04)
- What to expect in underwriting, and a little known way to accelerate the underwriting. (11:54)
- Need perfect health to qualify for life insurance? What underwriters are really looking for. (12:31)
- How a good IBC practitioner keeps watching out for you after the contract is signed. (14:13)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It’s normal to have questions and concerns about Infinite Banking. But where do you find honest sources who can tell you what you need to know?
Look no further. Today I’m here to share the pros and cons of Infinite Banking.
You’ll get to hear my long list of pros, and listen as I dig deep into criticisms against IBC so we can look at it fairly and set the record straight.
Listen now!
Show highlights include:
- Compatibility Check: Why IBC works with velocity banking, and why you might like using IBC better than a HELOC. (1:05)
- Simple way to create generational wealth without winning the lottery or being an A-List celebrity. (3:01)
- Why the uber-wealthy love whole life insurance while you think an IRA is good enough. (4:44)
- “Antifragile” secret that keeps IBC immune to the ups and downs of the market. (5:52)
- How to use IBC so you’ll never have to fear “cancel culture.” (8:51)
- “Universal life” and “whole life” sound the same, but this key difference is why you can’t afford to confuse the two. (9:01)
- Why IBC is wrong for impatient and impulsive people. (12:37)
- Unraveling the high premiums myth about whole life insurance, so you don’t get tricked into ignoring a tremendous wealth-building vehicle. (15:04)
- “Think like a banker” secret helps you see opportunity where others don’t. (16:15)
- How you can still leverage whole life insurance, even if you can’t pass a physical. (18:05)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
The prime way the rich get and stay rich is by leveraging other peoples’ money (OPM). But if you aren’t rich you might be wondering: how can I find some OPM to get started?
If so, then this episode is for you. That’s because I’m sharing a long list of sources you can consider. Plus, I’ll also explain why whole life insurance is my favorite way to use OPM to grow wealth of your own.
Listen now!
Show highlights include:
- Where to look for OPM so you don’t get left behind financially. (2:48)
- The difference between angel investors and venture capitalists. Good to know if you’re seeking money for your startup. (3:19)
- What a secured loan really means and why it isn’t as safe as it sounds. (5:24)
- Why unsecured loans can be impossible to get when you need them most. (5:42)
- Clever strategy to finally make your credit card work for you. (5:56)
- Why whole life insurance is one of the best ways to use OPM. (8:07)
- How financial experts keep you behind the 8 Ball, broke and stuck, by encouraging you to get out of debt. And what to do instead. (9:30)
- Surprising way good debt keeps the rich rich and the poor poor. (11:49)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You know you can borrow against the whole life insurance policy in your IBC, and that repaying it with extra interest is like paying yourself back.
But does that mean all the interest you pay is going right back to you?
Not exactly.
This is a topic that can get confusing, so today I’m here to set the record straight. You’ll have a better understanding of what’s going on with those interest payments, and be reminded of why Infinite Banking is superior to consumer loans from the bank.
Listen now!
Show highlights include:
- Why loans in your Infinite Banking setup give you repayment options so flexible it could make Gumby jealous. (1:12)
- “Owner mindset” shift that transforms your thoughts on paying interest and puts the insurance company on your side. (2:50)
- Surprising reason you aren’t required to repay interest when you borrow against your whole life policy, and the painful consequences if you abuse this feature. (4:09)
- Why you should always pay your loan back, except in this one situation (completely legal and ethical) that benefits you the most. (5:22)
- Why your Infinite Banking system keeps growing, even when it seems like it won’t. (6:14)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Everybody’s heard about inflation, but most people don’t know much about it. And the government and banks seem all too happy to keep it that way.
But this topic is so important even John Adams was sounding the alarm about it all the way back in the 1700s!
Inflation can be hard to explain in academic terms, so today I’ll share a story that illustrates what inflation is, and how it does so much damage. It’s ripped from the Roman Empire, but you’ll see the parallels to your country today.
You’ll also see why it’s important to protect yourself from inflation as best you can, and one way to do it.
Listen now!
Show highlights include:
- Why undisciplined government spending always leads to inflation. (2:55)
- How even a slight manipulation to currency sends shockwaves through the entire economy and strangles your spending power. (3:05)
- Real reason the Roman Empire collapsed, and why other nations are at danger of the same fate. (7:20)
- What to say next time you’re in the grocery store so you don’t blame high prices on the wrong source. (8:30)
- Sneaky way banks contribute to inflation. Your mortgage or car loan could be part of the problem. (8:34)
- Legal way to protect your money from traditional banks so they can’t make inflation even worse. How it helps you and your country. (8:45)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard plenty of savings advice. But you might be wondering if conventional wisdom really is the best.
Well did you know sometimes banks will encourage you to follow one strategy while they operate on a different one?
In this episode I’ll tell you what they do so well, and how you can adopt their strategy yourself to plan for retirement more effectively.
I’ll also explain why you should be building a “ginormous” nest egg, and a few things to look for so what you’re building doesn’t get crushed by things you can’t control.
Listen now!
Show highlights include:
- Simple test to know whether you should use money to save or to invest. (0:37)
- How much of your nest egg should be in investments? Here’s what Valerie thinks. (1:33)
- The “diversified” lie that makes you feel secure but can put all your assets at risk. (2:45)
- Earn on the money you spend? Sounds impossible, but here’s how to do it. (3:24)
- The perpetual motion strategy banks use to make their money work for them. And how you can use it too. (5:10)
- Einstein’s insight on compound interest. Why knowing this one thing can be the difference between lifelong money struggles or a secure retirement. (6:47)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard the downsides of term life insurance and now you’re wondering: “Why would I ever buy term?!”
But the truth is, there are times where it’s a smart move. And in today’s episode I’m sharing a boatload of reasons term life insurance can make sense for you or your loved ones.
Listen now!
Show highlights include:
- How to use term life’s flexibility so you get the death benefit you need without a premium you can’t afford. (0:52)
- Why you should go through underwriting right away, even if you don’t think you can afford life insurance yet. (2:27)
- Surprising way term life lets you maximize your pension benefits. (4:27)
- How smart business owners use term life insurance to save their business when misfortune strikes. Works for partnerships too. (8:03)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Critics of Infinite Banking say term life insurance is the way to go. And while I believe there’s a place for term insurance, that doesn’t mean it’s for everybody. And there are things you should know that you can’t expect to hear from the people who sell and promote it.
In this episode I’m sharing important downsides so you can know when term insurance makes sense for you, and when it doesn’t. And I’ll give you some warnings so you don’t let a good use of term insurance accidentally wreck your financial planning.
Listen now!
Show highlights include:
- Are those low premiums worth it? The shockingly low term life insurance pay rate. (1:17)
- When term insurance actually makes sense. (2:00)
- How term life lulls you into a false sense of security that leaves you exposed to financial hardship. (2:31)
- Overlooked term life renewal factors that could empty your wallet or leave you uninsured when you need it most. (3:23)
- How a healthy husband’s simple oversight left his wife in financial straits. And how to make sure this could never happen to you. (5:44)
- Buy term now and convert to whole life later? Sounds smart. But beware this sneaky thing companies do that can topple your strategy. (7:00)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve learned enough about the benefits of Infinite Banking you’re starting to wonder: Why doesn’t everybody know about this!
Is it a conspiracy?
A plot to keep you in the dark?
Not exactly.
There’s a simpler (but still serious) explanation, and I’m sharing it in today’s episode.
Plus, I’ll give you a peek “behind the curtain” at what goes through the mind of an average agent when they’re introduced to IBC.
Listen now:
Show highlights include:
- Does your advisor suffer from “arrival syndrome”? What to look for, and why it robs you of the best service you can get. (1:27)
- The simple way to introduce people to IBC, even if you stink at explaining things. (3:36)
- Surprising indicator your advisor is a cheapskate, and why to avoid them if they are. (5:43)
- The #1 resource to learn IBC. Spoiler: It’s not social media, or even a podcast. (6:54)
- Selfish financial incentive that may be what keeps some advisors from promoting IBC, even if it’s the best strategy for you. (7:53)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You don’t like to think about it. But you know that in a blink something could happen that leaves you financially responsible for a fortune.
But you don’t have a fortune. So now what? Can creditors or the government come after everything you have? Even your life insurance?
This is a complex issue, with parts that vary by state. But on today’s episode I’ll help you understand the basics so you can know what protections you might have.
Listen now!
Show highlights include:
- Exemption exclusions you need to know about. Especially if your policy is tied up in a loan. (3:33)
- Does Uncle Sam get to know everything about you? The secret you can legally keep from the IRS. (4:51)
- Surprising “FAFSA advantage” helps you save for your child’s college education and still qualify for financial aid. (5:22)
- Why you should use IBC to save for your child’s college fund, especially if you aren’t certain they’ll go to college. (5:43)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You know that IBC is built on cash value whole life insurance policies, so you might think term life isn’t worth your attention.
Don’t be so sure!
It turns out, term life insurance can make it easier for you to build your banking system. Especially if you’re just starting, or have a limited budget.
In this episode I’ll clarify one important feature of term life insurance: how to convert it into a whole life policy. I’ll also explain when a term life policy is right for you, the difference between a term life policy and a term life rider, and what makes term life insurance so great in the right situations.
Listen now!
Show highlights include:
- How your existing term life insurance can grow your IBC without another bothersome nurse visit. (1:13)
- Why IBC beginners should also consider term life. (1:36)
- The crucial difference between a term life policy and a term rider, and why knowing this can save you from an expensive mistake. (3:50)
- Infinite Banking’s “build it backward” approach so your new whole life policy works for your goals and budget. (6:55)
- Why term life insurance’s flexibility could make Gumby jealous. (9:07)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve got plenty of life left to live, so you don’t want to think too much about all the expenses involved when you die.
But that’s dangerous, because without proper planning you could leave your loved ones a nightmare, even if you have a fortune in hard assets.
Today I’ll share the most common financial obligations that show up when you pass away. Knowing what these are will help you plan so your family has the cash it needs if something unexpected happens to you.
Listen now!
Show highlights include:
- The “Big Five” death expenses. Overlooking even one of these could blindside your family and your finances. (1:11)
- Secret tactic, already used by mega-estate owners, to shield yourself from more taxes. (2:46)
- Why knowing a good estate attorney is worth the effort, and where to look to find one without hassle. (3:45)
- Startling truth about medical costs, and how they can derail your loved ones’ ability to receive your death benefit. (6:54)
- The “scrounge and scramble” way to make sure your family is miserable and struggling to make ends meet without you. (8:09)
- Can’t start a whole life policy now? What you should do immediately so your family isn’t vulnerable. (9:20)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
If you have disability coverage at work you probably think you’re “all set” if something happens.
But the truth is, most coverage offered by employers hides terrible surprises. Surprises that mean you’ll get a lot less than you think, if you ever need to collect benefits.
Waiting until disability happens is too late to protect yourself. You need to take a closer look at that coverage NOW.
So in today’s helpful episode I’ll tell you exactly what to look for in that work-provided policy so you don’t get blindsided.
Don’t have coverage from work? I’ll also explain the key points of both short term and long term disability so you’ll know how to find coverage that works for you.
Listen now!
Show highlights include:
- Key questions to ask about your existing insurance so you don’t get burned when you need the benefits. (1:20)
- The “Uncle Sam” surprise waiting for you if your employer buys your coverage. Know this so you don’t get a smaller disability check. (4:17)
- “Exclusion Inclusion.” Why you should still consider that policy even if it has some exclusions. (9:15)
- High-earner blindspot that keeps you financially vulnerable to disability, even though you think you’re covered. (10:45)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard people use that dreaded “D” word…
Disability.
It’s dreaded for good reason, because even temporary disability can demolish your savings. And yet, so many people don’t give this danger a second thought. They leave themselves completely exposed to catastrophe.
But you don’t have to be one of them! In today’s episode I’ll explain just how serious this issue is, and how to protect yourself from a financial disaster waiting to happen.
Already have disability insurance? I’ll also tell you what to look for so you can be sure you’ve got the right amount of coverage for you.
Listen now.
Show highlights include:
- The surprising #1 cause of bankruptcy in America. Can strike in an instant, and you aren’t immune. (1:30)
- Your “two most valuable assets.” They aren’t what you think they are, and they’re exponentially more important than all the rest. (2:57)
- Simple insurance riddle that still baffles millions. Do you make the same dangerous mistake? (3:20)
- Alarming disability statistics that dismantle the “it could never happen to me” myth. Shock yourself out of complacency with these cold hard facts. (5:00)
- How to know if that group disability insurance plan your work provides is really enough coverage. (7:31)
- Surprising reasons your work disability coverage could leave you living off half your income when you need the money the most. (8:01)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You know the appeal of “being your own bank” and how you can use your IBC system to effectively give yourself a loan.
And since you know those loans would ultimately be taken out of your death benefit, you might be thinking “Why not borrow the money, and then never pay the loan back?”
It’s easy to think this way. But in today's episode I’ll explain why this is not a good idea.
You’ll see why it’s in your best interest to pay those loans back as you build your IBC system for the long haul.
Listen now!
Show highlights include:
- Best loans ever? Why life insurance policy loans sound too good to be true. You’ll never find these features at commercial banks. (1:33)
- The pleasant surprise that happens when you make a payment on a life insurance loan. (3:16)
- How to wrangle consumer debts so you can pay them off faster without making bigger payments, or sweating how it affects your credit score. (5:13)
- IBC’s “nuclear option” if you’re struggling to repay your life insurance loan. Not ideal, but it beats bankruptcy. (8:09)
- How to avoid the retirement shock that could catch you off guard and and unable to cover expenses. (10:21)
- The “180 effect” retirement has on your IBC strategy so you can live worry-free after your career. (11:01)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Nobody looks at the terms of a loan and thinks "I wish I could pay higher interest on this!"
So you might look at loans you make to yourself through your IBC the same way: “I’ll just pay back at the low rate the insurance company charges, and no higher.”
Believe it or not, thinking like this could cost you! And prevent you from increasing your financial freedom through IBC.
I’ll explain why in today's podcast. You’ll see why it makes sense to pay yourself a higher interest rate, and how to use that higher repayment to turbocharge your banking system.
Plus, you’ll know exactly how to handle this, so setting it up is simple and frustration free.
Listen now!
Show highlights include:
- Why you should keep your interest rate options open, instead of blindly accepting what the insurance company charges. (0:35)
- The "don't steal the peas" strategy to make sure you repay your loans for your own best benefit. (2:30)
- How treating yourself like an honest banker helps you set the optimal interest rate for your loan. (3:22)
- The "clean accounting" way to repay your loans when you choose a higher interest rate than the insurance company charges. (4:22)
- How to use the extra interest you paid yourself so you can further grow your banking system. (9:24)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
There are different ways to structure a whole life policy. And that's great, because you can tailor your policy to your needs and goals.
But with all those options, you’ve got to be careful!
That’s why today we’re talking about the 90/10 policy structure. Some advisors really push it. Maybe you’ve heard it’s a great idea. But in my experience, it’s almost always the wrong way to go.
So in this episode I’m explaining why it’s so risky…
And I’ll tell you the rare occasion when it does make sense.
Plus, I’ll share what you and your advisor need to do (no matter how you structure your policy) to make sure it will perform how you want it to, without any unwelcome surprises.
Listen now!
Show highlights include:
- The irreversible consequences if your policy “MECs”. Including its impact on your taxes. (2:20)
- A brief history of income tax rates, so you can know how to plan in case they return to meteoric levels. (4:26)
- How treating Uncle Sam as a business partner helps you make better decisions. (5:04)
- The "rocket fuel" reason to have a sizable base premium for your policy. (8:14)
- Why your "boring mail" could ruin your chance to save your policy from becoming a MEC. (16:56)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard of Dave Ramsey. So you probably know one thing he loves almost as much as cutting up credit cards is putting down whole life insurance.
Since he’s helped so many people learn how to budget, and how to get out of consumer debt, it can be easy to think he really knows everything he talks about.
But when it comes to whole life insurance, that’s simply not the case.
In today’s episode I’ll prove it by tackling several complaints Dave gives against whole life so you can separate genuine concern from uninformed claims.
You’ll see that with the help of an IBC practitioner, whole life insurance is a wonderful asset. And you’ll notice how one’s attitude about whole life changes dramatically when you look at it as an asset instead of treating it like an investment.
Listen now!
Show highlights include:
- The “lump” mistake Dave Ramsey makes that muddies the water, making it hard for you to understand the benefits of whole life insurance. (1:05)
- Why whole life and universal life are not the same, and why universal life can jeopardize your coverage when you need it most. (3:20)
- An “outright false” argument about the early years of a whole life policy. Don’t let it scare you away from getting started. (4:23)
- The amazing shrinking death benefit. Why IBC shrinks the death penalty on purpose, and how it helps you save money in the long run. (6:14)
- Access Denied? Why you absolutely do not have to wait until you’re dead to access your policy’s full cash account. (7:04)
- How the process of “BYOB—Be Your Own Banker” can outperform conventional investments, if you are diligent about the process. (10:08)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You want to get started with IBC. But where will you find the money to get started?
Your monthly budget is already stretched too thin. And you’re trying to pay off credit cards or other consumer debt.
Taking on a whole life insurance policy is impossible. Or is it?
It turns out, there are plenty of places you can look to find the funds you need. So you can start securing your financial options for life, retirement, and beyond.
Listen now and I’ll show you where those funds are hiding.
Show highlights include:
- Should you scale back retirement investing to fund your IBC? (1:26)
- Uncle Sam might be drooling over your retirement savings. Here’s how to protect yourself in case taxes skyrocket. (3:05)
- Surprising way high insurance premiums make you more likely to hit your retirement savings goal. (4:46)
- Why waiting until you’re debt free to start IBC puts you “behind the 8-ball” and keeps you in debt longer. (5:52)
- Expecting a tax return in 2024? How to use it to start your IBC policy now. (11:51)
- The “blink of an eye” reason to get insurance while you know you’re in good health. (13:50)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
People fear government programs like Social Security becoming insolvent.
And for good reason: Sometimes banks run into financial troubles, and even collapse.
So maybe you’ve wondered: If I’m going to pay life insurance premiums for years on end, how can I be confident the company will have the money to pay the death benefit to my loved ones when I pass away?
Insurance companies are businesses. So, of course, there are no guarantees they won’t fail.
But in today’s episode, I’m going to pull back the curtain so you can see the different strategies insurance companies use to ensure they can deliver for you when you need it. Also, keep this in mind: While life insurance companies only fail once in a blue moon, if they do, another company always comes in to purchase their assets. Those assets are your life insurance contracts.
You’ll also discover one key difference between banks and insurance companies that should give you peace of mind about insurance (even if banks are having problems).
Listen now!
Show highlights include:
- How to use “century thinking” so you don’t get duped by a get rich quick scheme that takes your hard-earned money. (2:43)
- Why bonds are so attractive to life insurance companies, and the two bonds they love the most. Shows you how serious they are about protecting your policy. (3:15)
- Why life insurance companies might own your office building, and the strip mall you shop at (and how this protects your investment) (3:28)
- How to buy stocks like expert investors: insurance companies! (4:14)
- The practical reason you’re still charged interest when you borrow against your own policy. (5:15)
- Why banks have a different attitude about cash reserves that makes them vulnerable in ways life insurance companies aren’t. (6:30)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Most people hear about whole life insurance policies and only think about the benefit it pays their family when they die.
But the death benefit barely even scratches the surface of the wealth-building secrets IBC offers.
And even if you know about using whole life insurance as part of your IBC system, you might not realize how many things you can do with it.
So in this episode I’ll share seven different ways you can use IBC. You’ll see how IBC offers you flexibility that other financial planning methods can’t match.
Listen now.
Show highlights include:
- Lost-in-time savings advice, neglected since the 80s, that can outperform other investments without the market’s ups and downs. (1:35)
- Paying 14% or higher interest on your credit cards? Here’s how to use your whole life policy to slash those rates by at least 10 percentage points. (2:50)
- The “Be Your Own Banker” way to take control of your debt and instantly boost your credit score. (3:47)
- How to use whole life insurance to protect your family for generations. Do this and they’ll never need to borrow from a bank. (7:29)
- How business owners use whole life insurance policies to reward their top employees and protect their enterprise from collapse. (8:29)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
When it comes to whole life insurance, oftentimes you want to know: “How much coverage can I qualify for?”
Once you know how much you can qualify for, you’ll probably think one of two things…
Either: “Why wouldn’t I get the maximum?”
Or “Why would I possibly need that much?”
In this episode I’ll show you how to easily estimate your maximum insurability. I’ll also explain when you’d want to secure the maximum, and when it might actually be in your best interest to NOT get as much as you possibly can.
Listen now!
Show highlights include:
- The surprising reason why you don’t want the highest death benefit on your whole life policy. (0:54)
- 2 IBC benefits of term life so you can grow your system without paying too much or wasting time on more underwriting. (1:51)
- Behind the scenes: How insurance companies determine your maximum insurability. And how you can drive your max even higher than normal. (2:19)
- How “HELOC hysteria” led to an industry crackdown, and what it means for you if you plan to use 25% or more of your income on your IBC system. (3:51)
- Why max insurability isn’t always your top concern. (5:01)
- The “tomorrow” question that makes figuring out how much death benefit you want easier to calculate. (8:19)
- How to keep your maximum insurability climbing as you age (instead of losing ground like most people do). (8:52)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
That informational brochure shows you an average that looks good.
Really good.
And you can’t help but think: “If that’s average, I’ll get at least that. Probably even better.”
But be careful!
Numbers don’t lie, but they don’t tell the whole story. Other factors (like commissions and taxes) can make actual returns lower.
Dramatically lower.
In today’s podcast, I’ll show you a few ways numbers can trick you if you aren’t careful. And help you get a better view of what’s really going on.
Listen now!
Show highlights include:
- Sneaky way a return’s average can make you think you’ll have more money than you really do. (1:53)
- The “thousand dollar” exercise: Eliminates confusion so you’ll know what it really takes to recover from a loss. (2:18)
- 4 factors that chew up your returns, leaving you with crumbs to fend off inflation. (4:47)
- How the simplest approach to investing guarantees you below-average returns. (5:01)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
A few days ago something happened to me that was completely unexpected.
One minute I was with friends and peers enjoying a baseball game…
The next minute I hit the floor with a sickening thud. Medical attention came immediately. My alarmed colleagues insisted I should get to the hospital right away to make sure everything was OK.
I’m so embarrassed by this. I still can’t believe it happened! But I’m sharing it with you today, in intimate detail, because it’s a valuable reminder of how important it is to be ready for life’s surprises. Because there are some things we simply can’t anticipate or avoid.
I’ll show you the relief that can be available if you optimize disability insurance in your plan to prepare for the unexpected.
And I’ll explain how disability insurance can come to your aid in an accident or medical crisis, even if you don’t become disabled.
Listen now.
Show highlights include:
- Why smacking my head on a concrete floor didn’t give me a financial headache, even with a trip to the hospital. Here’s how you can be prepared too. (2:26)
- 2 simple things to activate your disability coverage’s “NDI Benefit.” (Handle surprise medical expenses, even if you have health insurance). (6:40)
- Overlooked reasons disability insurance from an employer could leave you on the hook for thousands of dollars. (7:59)
- How a disability policy can take the bite out of your expensive COBRA premium and keep it from swallowing your limited income whole. (10:26)
- The interesting rider you can add to your policy to start protecting yourself now, instead of putting it off until your income is higher. (11:26)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard the debate over spending and saving: Whether to use debt to finance your purchases, or to always pay in cash so you avoid debt.
And you probably have your own opinion on which method is best…
But what if I told you they’re both bad?
That’s right. Savers and spenders are both losing, because they’re both playing a game that’s rigged against them and in favor of the banks.
Thankfully, there is another way…
And in this episode I’ll explain what this secret way is, and how you can use it to make your money go further than even the most-disciplined saver.
Listen now.
Show highlights include:
- The depressing “zero trap” that catches spenders and savers alike. (and how wealth creators avoid getting snagged).(0:40)
- How IBC lets you borrow at fixed rates as low for as 4%, without reducing your cash position. (5:43)
- The surprising way to capture the low rates of variable interest rate loans without being trapped if rates skyrocket. (6:07)
- How to use IBC to protect your earning power and still finance the things you want or need. Stops money from needlessly slipping through your fingers. (6:33)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard Infinite Banking advocates talk about how powerful and flexible IBC with a whole life insurance policy is.
But you might be wondering: Isn’t that just hype? Is whole life insurance really that great?
So in this episode I’m sharing a boatload of ways whole life can set you up for smooth financial sailing. From buying a car, funding college, saving for retirement, or anything else you can imagine.
Listen now!
Show highlights include:
- The “apples-to-oranges” mistake when comparing whole life to investments that makes you overlook the benefits of whole life insurance. (0:53)
- Nearly a dozen ways to leverage whole life insurance so you can achieve your financial objectives without credit cards, mortgages, or high-interest loans. (3:39)
- The surprising way IBC lets you save your money and use your money all at the same time. (2:35)
- Revealed: 3,200 banks are quietly pumping billions of dollars into life insurance… Here’s the lucrative secret they know, but aren’t telling you. (2:13)
- A misleading half-truth financial “gurus” lean on to scare you away from whole life insurance. (9:25)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
I talk about whole life insurance often. For most people, it’s the best vehicle to use for the Infinite Banking Concept (IBC).
But technically it isn’t the only way. And with bank CDs paying higher interest rates right now, you might be wondering: “Would I be better off using CDs instead of whole life?”
So today, I’m going to show you what you need to keep in mind when deciding which vehicle to use. You certainly CAN use a vehicle other than whole life (it’s legal)...but don’t do it before listening to this episode first.
Listen now!
Show highlights include:
- How small dividends turbocharge Infinite Banking growth even more than CDs can (1:19)
- Why Uncle Sam’s wallet loves it when you buy CDs: More for him, less for you. (2:11)
- Stunning illustration shows how much further your money goes with Whole Life vs. CDs. (Especially if you plan to buy a car). (3:02)
- “Great Rate” Debate. The delicate threads holding up today’s good CD rates, and the painful consequences if they snap. (2:22)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You’ve heard all your life that it’s best to start saving early. But without taking a closer look at the numbers, you won’t realize how dramatic the difference is.
Today I’ve got a practical example that demonstrates how much harder it gets to save for retirement as time passes. And I’ll share other important considerations that are easy to overlook when you think about retirement. You do NOT want these to sneak up on you!
This is a powerful episode if you know you should be planning for retirement, but keep kicking the can down the road.
Listen now.
Show highlights include:
- Numbers don’t lie! The stunning difference in what it takes to save for a million at 25, 35, 45, and 55 years-old. See how it gets exponentially harder the longer you wait. (5:15)
- The “last minute” mistake even high earners make that puts you behind the 8-ball for retirement. (7:58)
- Think you won’t need 100% of your current income in retirement? Here’s what the statistics really say. (6:32)
- The economic boogeymen waiting to grab you in retirement. Especially if you’ve paid off your house. Know what to expect now so you don’t get jumped! (6:55)
- How “start with the end in mind” thinking can discipline you to stay on track saving for retirement when you’re young and struggling. (10:24)
- Why you can’t count on a disability policy through work–unless you like being forced to downsize your lifestyle by 50% or more. (4:05)
- Time is your greatest asset, but this one is important too. Why both are necessary if you want to have enough money for retirement. (2:55)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
It’s important to know that the Infinite Banking Concept is just that, a concept, and is not something that can be bought at an insurance company. Rather, it is a process that teaches you how to take over the banking function in your life. A whole life policy is the best and most reliable vehicle to be used for this process.
In this episode, I'll tell you the top three things to understand about Infinite Banking. Plus, I'll show you how to use your policy to grow your wealth safely and have money available when you really need it.
Tune in now!
Show Highlights Include:
- The “ULP” trap that can leave you helpless in an emergency when you need access to your money (2:29)
- Use THIS place to park your wealth to keep it safe from the clutches of inflation (3:13)
- Avoid this “Hidden Interest” mistake that keeps people in a loop of debt (4:25)
- The safe way to build up wealth by paying yourself interest (5:19)
- Surprising reason why you’re chained to your insurance company once you buy a policy from them (9:07)
- Try this” Borrow Against” method to get an higher rate of return from your policy (9:29)
Growing your money can be tough if you don't know about the common mistakes out there.
These mistakes could turn your savings into something the taxman wants a piece of...
Or cost you thousands in the long run.
In this episode, I'll tell you all about these mistakes and how to avoid them. I'll also show you how to safely grow your savings, more than you think is possible.
Tune in now!
Show Highlights Include:
- How to grow your banking system even if your premium is going down (1:00)
- Why you won’t be able to add extra premium to your contract (and how to fix it) (1:23)
- How to prevent your contract from becoming taxable (So that you don’t end up losing extra cash that would have otherwise been a profit) (1:52)
- The sneaky way your contract makes loans taxable (and how to go around it) (2:15)
- Want to keep funding your contract at the same level or higher? Here’s the ONLY way you can do that (4:07)
- The exclusive way to end up with a larger pool of cash (Note: This helps you build a larger banking system than the one you started with) (5:10)
- The KEY to growing your banking system to the max in minimum time (8:05)
- Are all your debts paid for? Here’s what you should do with the loan/debt repayments that you no longer have to make. (8:47)
So you’ve discovered Infinite Banking and realized the advantages whole life insurance offers to your loved ones?
And now you’re thinking about whether you should have whole life insurance on your parents.
But you wonder…
Can I even do that?
Are there good reasons to do it?
How hard is it to set up?
I’m here to help! Today I’ll explain why you can (and should) own whole life policies on your parents, even if they’re still in perfect health.
I’ll also reveal how you can do it even if an insurance company tells you it can’t be done.
Plus, we’ll talk about whole life insurance in the other direction: Things to consider when your parents want to take out whole life policies on your children.
This episode will help you navigate the whole process without bumping into surprises that cause major delays, and can even lead to denial of coverage.
Listen now!
Show highlights include:
- The surprising thing underwriters look for that makes it harder than ever to own whole life insurance on your parents. (1:57)
- Insurance company said no? Two creative (and completely legal) ways to get coverage on your parents if underwriters say you can’t. (3:07)
- How to access up to 50% of the policy death benefit for aging parents who can no longer care for themselves (so they can live with dignity, and you won’t go bankrupt). (4:16)
- Grandma and grandpa want to open whole life policies for their grandkids. But you could be standing in the way! The surprising thing you need to know so you don’t sabotage their generous plans. (6:36)
- The “no favorites” factors underwriters look for when insurance is taken out on siblings. (9:21)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Infinite Banking (IBC) users love the independence and control it gives them over their finances and their lives.
Some users love doing everything themselves, and want to know how much they can do without needing to get anybody else involved…
Others love not being shackled to banks anymore, but need somebody on their side to help them with every step. And to be there whenever they have questions.
This makes today’s FAQ episode extra special, because each question highlights how much control you have with Infinite Banking, and also shows the support my team and I are ready to deliver when you need it (or just want it).
Listen now!
Show highlights include:
- How to give yourself a favorable loan with just one phone call. And have the funds in your bank account in as little as three to five days. (0:52)
- The smorgasbord of options for repaying your policy when you borrow from yourself, and why the terms are so easy to adjust. (3:07)
- Why repaying yourself with interest is the best strategy to optimize your Infinite Banking system. (4:48)
- The “refreshing” benefits of an annual review (and how this simple checkup keeps your Infinite Banking train from going off the rails). (6:40)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Most people think about the obvious advantage of their life insurance death benefit: when you die, your loved ones get money!
As important as that is, there’s more that a death benefit can do.
Today, I’m sharing how the death benefit can be optimized for your family, your business, and for charitable organizations you wish to support when you pass away.
This will give you a glimpse of what’s possible with Infinite Banking, and give you some ideas you’ve never considered.
Listen now!
Show highlights include:
- Why not insuring a homemaker cripples your finances if they die before you (even though they had no income to replace) (1:35)
- How to make sure your child gets your death benefit (instead of losing their college fund because of bad planning). (3:45)
- Why relying on your employer for life insurance keeps you in coverage limbo (even if you never plan to leave them). (13:55)
- The Tax Equation: Why high assets + low death benefits = a nightmare visit from Uncle Sam when the estate taxes are due. (7:50)
- How life insurance can spare you from an exhausting court process when your business partner dies. (9:25)
- Why “Key Man” life insurance policies can keep your best workers with you until they retire (and protect you if they die unexpectedly). (12:10)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
When people hear me talk about the Infinite Banking concept they naturally have questions.
And I get it! You’re doing your due diligence and want to be confident IBC will work for you.
So to help with that, I’m back to answer more of the questions I get asked all the time in today’s show.
Questions like:
Should I even try to get insurance if my health isn’t great?
I don’t have a lot of money. How could I even get started?
And
What if I start the policy and then can’t afford my premiums?
This is a great episode if you’re worried your health or income will stop you from using Infinite Banking. You’ll see that most seemingly-impossible obstacles can be easily overcome with a skilled professional’s help.
Show highlights include:
- Not healthy enough for insurance? The “try before you buy” strategy to test if you’re insurable before wasting time on an application. (0:49)
- Should you get insurance now, or wait until you’re healthier? The clear winner, and why. (4:05)
- Why self-care matters most to an underwriter, and how to leverage this to get Whole Life insurance when you don’t have perfect health. (2:56)
- Options to get started with Infinite Banking even if money is tight. (8:59)
- The “hard times” flexibility in whole life policies, so you won’t fear getting crushed by premiums year after year. (9:50)
- How your policy can pay for itself during a financial emergency. (11:24)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Pensions are awesome!
And while they aren’t as popular as they used to be, if you do have one you’ve got a tremendous asset on your hands.
You might think all you have to worry about is choosing the right payout option…
But in most cases you can safely get more money from your pension when you connect it with the Infinite Banking Concept.
Today I’ll explain how this works, and help you see if it’s right for you.
Listen now!
Show highlights include:
- Unraveling the pension payout options so you can choose what’s right for you without leaving money on the table. (1:48)
- The one (out of four) scenario when choosing a spousal option actually does provide the most benefit to you and your surviving spouse. (3:18)
- How Infinite Banking gets you more from your pension while you’re alive (without depriving your spouse after you die). (8:48)
- Why it’s risky (and expensive) to wait until it’s time to retire before you start a life insurance policy. (7:40)
- The surprising danger of cashing out your payment for a large lump sum. (11:55)
- Why an IBC-style policy isn’t always possible if you’re nearing retirement, and what to do so you aren’t left high and dry. (15:56)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
When people hear me talk about the Infinite Banking concept they naturally have questions.
And since it’s usually a new concept to them, why wouldn’t they!
Especially when the benefits, like the ability to “be your own bank” sound too good to be true.
To help with this, today I’m tackling a handful of questions I get asked all the time:
“What is Infinite Banking?”
“Am I too old to get started?”
“How long does underwriting take?”
And “Why can’t I use my own doctor and lab results?”
Listen now!
Show highlights include:
- The secret shortcut healthy people use to breeze through underwriting with no intrusive nurse visit, no needles, and no awkward urine sample. (10:13)
- How Infinite Banking spares you the roller coaster of risk and volatility, but can still outperform investment vehicles like savings accounts and the stock market. (4:38)
- Why it isn’t too late to use Infinite Banking, even if you have an AARP card. (6:07)
- What to expect during underwriting so you won't be caught off-guard when they start asking questions. (9:18)
- How, in some cases, a simple phone call to your doctor can slash the conventional underwriting process in half. From two months down to three - four weeks. (11:10)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You have several extra options you can add to your original policy.
Some options are better than others, depending on your situation.
For example, there’s a rider that would allow you to go on a bucket list trip or can cover up to all of your medical expenses, if a certain requirement is met.
Another option is a rider that provides a death benefit for your children, up to $25,000 each.
There are many different benefits you can add on as a rider, your agent can help you decide which would be a good fit for you.
Join me in this episode as I discuss the different rider options, how you can get the most out of your existing death benefit, and much more!
Listen now!
Show Highlights Include:
- How to pause your premiums if you become too hurt (or sick) to work (1:01)
- The #1 reason why people end up dropping their life insurance which bites them back later on (and how you can prevent this) (2:04)
- Get this “Guaranteed Insurability” Rider before you turn 40 to purchase extra coverage of up to $50,000 (3:21)
- How to add coverage for 6 children with one extra fee (Note: each child will be covered for up to $25k until they’re 25 yr old) (5:11)
- How to get your children a death benefit contract for up to $125,000 when they turn 25 (5:39)
- Use this “CC Protection” Rider to access up to 25% of your death benefit to pay for a critical illness (9:03)
- How to access up to 50% of your death benefit if you cannot bath or walk (9:32)
- Take advantage of the “Terminal Illness” rider to help cover your medical expenses or take a fantastic trip to somewhere exotic (10:43)
Paid-up additions (PUA) are the “rocket fuel” that grows your whole life policy. So you definitely want them in your policy…
But how long should you fund your paid-up rider?
While there isn’t a cookie cutter answer to this one, Valerie has valuable insights to help you make the right decision for your situation. Listen now as she explains paid-up additions, the avalanche of factors to shovel through with an adviser, and practical insights about funding your paid-up addition.
Listen Now!
Show highlights include:
- Why too much money in your paid-up additions makes you wake up to a tax nightmare. (2:09)
- The “squish” mistake: Shrinking your base premium as low as you can seems like a good idea, but here’s why it cripples one of your policy’s best features. (10:35)
- An overlooked warning sign your policy isn’t cash efficient. Often misinterpreted as a good thing, it throws a wet blanket on your financial goals. (3:19)
- The rare occasions when front-loading or “lump summing” optimizes your policy, and why talking to your advisor is essential so you don’t make a costly mistake. (4:59)
- The strategic reasons having more than one whole-life policy helps you “be your own banker,” especially in retirement. (12:54)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Did you know dividends aren’t just for stocks?
There’s actually one specific type of life insurance policy–and only one–that can pay you dividends.
In this episode I’ll explain how Whole Life Insurance dividends work, the three things you can do with your dividends, and what to consider if you’re looking for a policy and having trouble choosing a company.
Listen now!
Highlights include:
- Why knowing your contract’s cost basis can prevent an expensive surprise from Uncle Sam.
- How to use “paid up additions” to liven up your death benefit.
- The snowball effect a captured dividend sets in motion, and the permanent positive impact it has on your policy.
- The YouTube Distraction: Online influencers urge you to pick a company based on dividend rates. Here’s why guarantees are more important.
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Repaying loans can be tough.
Why?
Because it involves extra planning, effort, and monthly payments that strain your finances. Many people struggle to keep up…
But guess what? I have a solution for you!
Did you know there are alternatives to paying back loans monthly without extra cash?
Some methods even allow you to pause payments if necessary.
Join me in this episode as I reveal lesser-known ways to repay loans, saving you thousands of dollars and avoiding unnecessary headaches.
Listen now!
Show Highlights Include:
- 2 main ways of using your life insurance policy to pay off your loans (Note: These methods will help you pay back your debt & loan MUCH faster) (1:45)
- Want to avoid payments for your loan for the next 2 months? Here’s how you can do that legally (2:40)
- Don’t have enough cash to pay off loans? Here’s how you can use your life insurance policy to make flexible payments (4:34)
- Here’s how you can use funds from your banking system to start a new policy (9:24)
Life insurance policies are like a hidden treasure that only the wealthy know.
Why?
Because they come with mind-blowing benefits that can change your life.
Join me in this episode as I spill the beans on how you can effortlessly pay off all your debts using a life insurance policy and much more…
Listen now!
Show Highlights Include:
- How to pay off a loan with your life insurance policy without spending extra cash monthly (0:48)
- Stuck with credit card debt? Here’s how you can reduce credit card payments down to a minimum (2:33)
- Exactly where you need to build your equity instead of paying off mortgage on your house (5:08)
- Be careful not to only pull funds from your policy without paying yourself back (8:56)
- Disability, sickness, or out of job? Here’s how you can legally avoid payments on existing loans (9:45)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Time is your child’s greatest asset.
Especially when we’re talking about investing.
The reason?
Compounding interest.
The earlier your child starts investing, the greater the power of compounding interest. And that’s where the REAL power of a whole life insurance policy comes into play.
So, whenever a client asks me, “should I own whole life insurance for my child?”, my answer is always…
Yes!
I couldn’t think of a better gift for your child than a whole life insurance policy.
And in today’s episode, you’ll discover why owning whole life insurance for your child is the greatest decision you’ll ever make.
Listen now!
Show Highlights Include:
- Why taking out a policy on your 15 day old child will set them up for an avalanche of compounding interest by the time they’re 40 (1:39)
- How to send your kids to college with a Whole Life Insurance Policy (works even if it seems impossible right now) (2:22)
- The simple way for your children to automatically inherit ownership of their policy (and doesn’t involve you lifting a finger) (3:55)
- Why “The Gerber Plan” — a savings plan that promotes college for your child for as little as $4 a day — will fall short of the cost of college tuition (by a lot!) (4:35)
- How to lock in 4% interest rates for your child’s college tuition (guaranteed for the rest of your life) (7:13)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
The banks receive massive paydays by collecting interest off of YOUR savings.
Here’s how:
Banks don’t let the money you give them sit there. They loan it out as fast as they can, marking it up with interest, and selling it back to us in the form of car loans, mortgages, business loans, etc.
They do all this because they make a much higher profit by keeping the money in motion, rather than letting it sit.
Worst part?
They tell us to let our money sit — so they can profit off of us and our savings!
Sounds like a lose-lose to me.
But here’s the good news:
With a whole life insurance policy, you can stop relying on the banks. In essence, you can become your own bank. And when you do this, you’re in complete control. Here’s how:
- You get guaranteed growth / return on investment (and we’re not talking under 1% like you get in savings accounts)
- You have the ability to access your savings income — tax and penalty free — whenever you want
- And you can borrow against the full amount of your savings (without risk of a margin call) — rather than withdrawing your money. Allowing your savings to continue to snowball and grow!
Sounds pretty good, right?
Well, in today’s episode, you’ll discover the exact method the banks use to make massive paydays off of your savings (and how you can reverse this scam for yourself.)
Listen now!
Show Highlights Include:
- How to “steal” the exact method banks use to increase their wealth (and no it’s got nothing to do with investing in the stock market or giving out loans to other people) (0:45)
- Think earning a 10 or 12% interest on the stock market is great? Here’s how the banks are blitzing past that figure by keeping their money in motion (4:05)
- The insidious reason why banks need to drain you of every penny in your savings account (and how you can turn the tables on this situation) (5:42)
- Do you have the courage to capture as much earning power of your dollars as you can possibly handle — and never rely on the banks again? (6:56)
- 4 ways you can transform your whole life insurance policy into a well oiled, money-making savings machine (8:17)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
When you pay yourself back with interest, you can:
- Avoid paying the banks ANY interest (and pay your banking system that interest instead.)
- Potentially retire with a larger nest egg, because you’re receiving that excess interest
- And you’ll stop forking over your hard-earned money to Wells Fargo or some other greedy banker
All of this sounds great, but one of the biggest questions my clients ask when they first hear of this: How do I get this extra interest into my policy?
And how does this extra interest grow my personal banking system?
Great questions.
And in today’s episode, I reveal the mechanics of paying yourself back with interest.
Listen now!
Show Highlights Include:
- The “Honest Banker” method to double (or triple) the amount of interest you earn in your whole life policy (1:12)
- Why deliberately denying yourself of your money right now (but not really, because those funds are available to you) will grow your nest egg much quicker (and it’s got nothing to do with investing in stocks, bonds, crypto, or real estate) (1:52)
- Valerie’s step-by-step process on how to pay yourself as much interest as humanly possible (1:59)
- How to guarantee a certain interest rate for life (3:13)
- If you pay too much premium, you run the risk of having to pay tax and withdrawal fees. Here’s how to avoid that (3:58)
- How to snowball your personal banking system into a cash making machine (7:30)
- Think it’s better to buy things in cash than take out a loan? Here’s why doing that means you’re losing the earning power of those dollars (10:36)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Banks potentially steal tens of thousands of dollars by the time you retire.
How?
With compounding interest.
I know, not a revolutionary concept, but considering how a loan for a $30,000 car actually costs more like $40,000 when you factor in an 11% interest rate...
Banks steal from you every day you’re paying back a loan — (well actually, you are willingly throwing extra money at them!)
That’s the bad news.
The good news?
You can avoid paying the banks ANY interest (and pay yourself that interest.)
And when you do this, you’re going to potentially retire with a larger nest egg, because you’re saving up that excess interest (and not forking it over to Wells Fargo or some other greedy banker.)
So, if this excites you, then read on.
In today’s episode, you’ll discover how to stop stealing money from yourself.
Listen now!
Show Highlights Include:
- Why paying yourself back with interest allows you to grow a large nest egg by the time you retire (a much bigger savings pool than if you housed your money at a bank) (2:48)
- Interested in setting your own interest rate? Try an “Amortization Schedule” (3:35)
- How to borrow money to invest in short-term rental properties (and continue to grow the overall cash value of your personal banking system at the same time) (4:02)
- A simple “trick” to potentially save tens of thousands of dollars towards your retirement (and stop forking over this money to your bank) (4:42)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Whole life insurance is a terrible place to invest your money.
And that’s because life insurance is an asset, not an investment.
With infinite banking, you’re housing your money there as opposed to housing it with a bank. And from there, you can invest it however you want — pay off your house, debt, invest in short-term rental properties, etc.
The trap Dave Ramsey and other financial gurus fall for is thinking that all whole life insurance is the same.
But it’s not.
In fact, there’s a huge difference between IBC and a non-IBC style policy.
And in today’s episode, I reveal the difference between the two.
Listen now!
Show Highlights Include:
- What financial gurus like Dave Ramsey get dead wrong about whole life insurance policies (1:18)
- How you could end up with $0 in your life insurance policy if you make this simple hiring mistake (3:34)
- The “snowball effect” you can use to build up your retirement savings (7:05)
- How to pay lower premiums (and make your cash more efficient) (8:36)
- Not sure how much you should put into your policy each year? Here’s how much you should pay per year to get the most out of your personal banking system (9:26)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
One of my new clients woke up with $0 in her life insurance policy after 33 years of funding.
Worst part?
Her premium was about to increase 1,300%.
Yep, 1,300%!
And this insane increase still wouldn’t guarantee she’d receive a payout if her premium didn't increase again 9 years later.
I tell you this because if you don’t know any better, you can choose a life insurance policy that’s not optimal for your personal banking system.
Many people when getting started in IBC make this mistake, and if you’re concerned, then read on.
In today’s episode, you’ll discover how to avoid waking up with $0 in your life insurance policy.
Listen now!
Show Highlights Include:
- How to access 50% of the death benefit on your whole life insurance policy BEFORE you die with a “CR” (2:03)
- Why an IUL could leave you with $0 in your savings account by the time you retire (14:24)
- How these 2 types of life insurance policies legally puts all the risk of managing your money on you (17:22)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
If you develop a serious medical condition, you can be banned from whole life insurance (or any life insurance contract!).
This is fairly well-known, but there is a way around it: Term insurance.
With term insurance, your ability to be insured is “locked in” — even if you develop cancer or another fatal disease decades later.
Best part?
You can convert your term insurance into a whole life policy. The benefit is that you can ensure your ability to create and grow your own personal banking system.
In today’s episode, you’ll discover how term insurance can be an integral part of growing your banking system and how it can allow you to build upon your nest egg in the years to come.
Listen now!
Show Highlights Include:
- Interested in creating a tax-free personal banking system? Here’s why you should only use whole life insurance (rather than other types of “permanent” insurance) (3:22)
- How to boost up your life insurance coverage if the whole life death benefit is too expensive (this is a great way to get started if you can’t afford whole life just yet) (4:25)
- The simple way term insurance allows you lock in your insurability and open new whole life contracts (even after you might be considered uninsurable) (5:52)
- How to receive coverage after a disease that would normally leave you uninsurable with term insurance (8:19)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Your savings can be taxed if you set your life insurance up incorrectly.
Simply put, when you deposit “too much” into a life insurance policy, you create a “Modified Endowment Contract” (MEC.)
So, what are the disadvantages of an MEC?
- Any gains you make in your policy will be taxed at your individual tax rate
- There’s a 10% early withdrawal penalty if you try to take out before 59.5
- Because of the 10% penalty, your money is far less accessible (and won’t be as useful when trying to snowball your nest egg)
Worst part?
Once your policy has been established as an MEC, it’s impossible to overturn.
So, how do we avoid converting our policy into an MEC?
In today’s episode, you’ll discover how to make sure your policy remains tax free forever.
Listen now!
Show Highlights Include:
- How converting your policy into an “MEC” forces you to pay income tax on the growth of your savings (1:03)
- The weird way you can receive the same payout from your life insurance policy if you deposit $50 a month instead of $200 a month (5:09)
- How to avoid paying any agents or brokers fees when investing in a whole life insurance policy with “paid up additions” (6:06)
- Why shrinking your policy’s death benefit legally forces you to receive a higher payout when you retire (11:15)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509Infinite Banking Mastery (infinitebankingnorthwest.com)
If you’re not using your money to make money, someone else is.
While you think your money is safe in the bank, they’re loaning it out — at interest.
This is how they make their real money. But, what if you were able to cut them out…
And become your own bank?
With a whole life insurance policy, you can! When you become your own bank, you can:
- Earn interest on the amount of money you’re spending
- Eliminate pesky inflation
- And borrow against your savings, purchasing rental properties and other cash producing investments (without spending a cent of your own money), or paying off debts to outside banks
Sounds pretty good, right?
Well, in today’s episode…
You’ll discover how to build a financial empire by becoming your own bank.
Listen now!
Show Highlights Include:
- Why saving like an entrepreneur unlocks financial freedom when you retire — and lets you retire a lot sooner (5:59)
- How to get $100K to purchase a rental property (without spending any of your own money) (9:39)
- Scared of credit card debt? Here’s how to start earning “interest” on every penny you have (11:13)
- The “Paid Up Additions” secret to transform a “boring” life insurance policy into a money making powerhouse (13:53)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509I
nfinite Banking Mastery (infinitebankingnorthwest.com)
Banks are the biggest hypocrites.
They, and many financial gurus, like Dave Ramsey, convince you to amass a large fortune and then let it sit.
Yet banks do the complete opposite of what they tell you. They make their money by loaning out your savings to other people, all while earning interest. And the reason why they tell you to leave your money in the bank?
So they can put your money in motion and make profits on it themselves!
Why not take these actions yourself? Why don’t you start to put your money in motion, and start earning interest like the banks do?
In today’s episode, I show you how to use other people’s money to infinitely create more cash flow — this method is approved by the banks and Robert Kiyosaki. I also show you the bizarre way to take out a $100K loan — without plunging yourself into $100K of debt.
Listen now!
Show Highlights Include:
- How to replenish your life insurance loan by setting up an “ETF” (no, not Exchange Traded Fund) (3:49)
- How much should I save so that I can feel more secure about my retirement years? (4:38)
- How to use other people’s money to infinitely create more cash flow, as well as recycle your own money (all approved by Robert Kiyosaki) (9:16)
- How your $100K can be doing two things at once. (10:02)
- Why you only have 13 and a half years of your life to touch your own money—without penalty—because of a greedy, bloated federal government (13:03)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Would you rather earn:
- $100,000 a day for 30 days or…
- Earn a penny that doubles every day for 30 days?
Trick question.
At the end of the 30 days, you would have earned $3 million at $100k per day. Not too shabby. But what about a penny that doubles every day for 30 days?
A cool $10.7 million!
So how is this possible?
Well, it’s all possible with Albert Einstein's “8th Wonder of the World” — uninterrupted compounding interest. Not only does Albert subscribe to this, but so does Tony Robbins, Warren Buffet, and Charlie Munger.
And in today’s episode, I reveal how to start snowballing your retirement fund with the power of uninterrupted compounding interest, so that you don’t have to retire with all of your hope in the volatile stock market.
Listen now!
Show Highlights Include:
- Why you might not receive all of your savings if your bank collapses because of the insidious wording in a March 13 press release by the FDIC (2:09)
- How the Dodd-Frank Act of 2010 legally forces you to bail out the banks instead of the government (2:24)
- Albert Einstein's “8th Wonder of the World” secret for amassing a Scrooge McDuck pile of wealth (without earning more or spending any time building your empire) (6:15)
- A simple experiment to 3x your nest egg in 30 days by filling up your wallet with a penny a day (7:59)
- How to snowball $100,000 into an enormous retirement fund with the power of a boring life insurance policy (10:00)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
Do you burn $20 notes over your toilet?
If you don’t, you may as well, because right now the banks are legally stealing 34.5% of your take home earnings in pure interest.
This interest isn’t to pay down your mortgage, your car loan, or your student debt. It’s to fill the greedy coffers of ultra rich bankers. Think I’m being hyperbolic? I purchased my home for $377,988 — amortized over 30 years. With an interest rate of ~6.7%, I’m liable to pay $483,238 in interest by the end of the 30 years.
Worst part?
The banks don’t just sit there and wait for my $483,283. They loan it out to 10 other people, and are more likely to make close to $1.8M in profit.
That’s the bad news.
The good news?
In today’s episode, I share how to stop handing away 34.5% of your savings to the banks. I also show you how to take out $100K and pay no interest for an entire year — without receiving any penalties.
Listen now!
Show Highlights Include:
- The flat out bizarre way to avoid losing a single penny to the banks by landing your Cessna 182 at the John F. Kennedy International Airport (4:40)
- How to amass an enormous nest egg by flipping the script on where you store your money (hint: it’s not as simple as taking your money out of the bank) (6:52)
- Why flying with an evergreen tailwind catapults you forward to financial freedom (and never have to rely on the untrustworthy banks again) (6:59)
- How to take out a $100K loan and pay no interest for an entire year (without receiving any penalties) (8:09)
- Why refinancing your home when interest rates drop forces you to pay maximum interest (while repayments to your principal grinds to a halt) (12:02)
- The insidious way you’re actually paying 50% of the entire cost of your house in pure interest (without paying down any of the principal) (13:21)
- How the banks earn $1.8M in interest on a $338K house (and it’s all 110% legal) (15:41)
Reach out to me: valerie@alphaomegawealth.com https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)
How nice would an extra million dollars sound?
And imagine if you didn’t have to work harder, smarter, or even work at all to get it.
Well, this does exist, and it’s called counterfeiting.
But I don’t recommend you do it, because you’ll cop a whopping 20 year prison sentence. But if your name is Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, or Goldman Sachs, then go for gold!
That’s right, the banks counterfeit every single day. They counterfeit so much that 97% of our currency supply is created out of thin air by these guys.
Best part?
They don’t go to prison, but if you did it, you’d be in prison!
And it’s all possible thanks to the concept known as “Fractional Reserve Banking.” In today’s episode, you’ll discover the madness behind this concept, as well as how to protect yourself from this corrupt system.
If you haven’t heard of “Fractional Reserve Banking” before, strap in — it’s going to be a wild ride!
Listen now!
Show Highlights Include:
- How banks drain your buying power by counterfeiting money (yes, they counterfeit, and no, it’s not illegal… in fact, it’s cheered on by our government) (0:49)
- Why the FDIC won’t be able to protect your savings in an economic collapse because of their “1 Percent” secret (2:45)
- The insidious “Unsecured Creditor” law that means you will be bailing in the banks in the next financial crash (whether you like it or not) (5:00)
- How every dollar in your savings account becomes $10 available for loans and investments (7:37)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Have you ever wondered why there’s a maximum withdrawal limit at the bank?
They’ll often tout it as “stopping criminals from laundering money.” But the reality is this: They don’t have any money in the actual bank!
What do I mean?
The primary way banks make money is by lending out YOUR money. Banks only need to keep about 10% of deposits on reserves. So when you make a deposit, they loan out your money (and then some!) and earn their profit by charging interest.
The only reason why this sham works is because the banks know 90% of all savings are untouched by the public — they don’t take their money out, they leave it in the bank.
But this was one of the causes of the Great Depression. The public were scared of a market crash, decided to take out all their money as the banks weren’t safe anymore, and they were told…
There was no money left!
But there is a way to be free from this madness. In today’s episode, I reveal “The Family Banking System”, which allows you to recapture the interest you’re losing to banks.
Listen now!
Show Highlights Include:
- Why the banks are legally allowed to steal your money and then sell it back to you (and make a handsome profit) (0:56)
- Our banking system would collapse if everyone withdrew their money all at once. It’s known as fractional reserve banking, and you can learn how it started at (1:21)
- How banks make a profit off every single transaction you make with the “3 Circle Exercise” (5:04)
- Why Bank of America gets away with a 16x return on investment on YOUR savings (6:29)
- How to take out a loan with a terrible FICO credit score (8:18)
Reach out to me: valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Walt Disney, JCPenney, and Ray Kroc.
What do all these ultra-wealthy individuals have in common? They all possess, “The Secret of the Affluent”, as coined by the New York Times. In layman’s terms, they all got ahead in life, not by spending their own money, or taking out a loan, but…
By borrowing against their whole life insurance policy!
So, why do the ultra-wealthy leverage whole life insurance policies?
- Deposit amounts are unlimited (and NO income limitations)
- No tax on the growth of your account
- No tax when accessed either (if structured correctly)
- Any money left over for your children and grandchildren can NOT be taxed by the money hungry federal government.
Sounds pretty good, right?
Well, in today’s episode, I reveal a few more tricks the ultra-wealthy do to amass true wealth, while paying as little in tax as possible.
Listen now!
Show Highlights Include:
- The counterintuitive way to earn an extra $2,000 by spending $3,000 (1:11)
- Bank won’t provide a loan to start your business? Use the “Walt Disney” source of finance to kickstart your entrepreneurial journey (2:12)
- How Ray Kroc, the founder of McDonald’s, used “The Rich Man’s Roth” to create the McDonald's empire (3:51)
- Access your life savings — tax free — with Tony Robbins’ “Private Placement Life Insurance” (6:03)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
Imagine a savings tool that had:
- Guaranteed growth / return on investment (and we’re not talking under 1% like you get in savings accounts)
- Liquidity (access your savings income — tax and penalty free — whenever you want)
- Borrow against the full amount of your savings (without risk of a margin call) — rather than withdrawing your money. Allowing your savings to continue to snowball and grow!
And you know what?
I only mentioned a fraction of the benefits here. In this episode, I reveal the additional 10 benefits this savings tool has. And if your investment vehicle doesn’t have these, you’re putting yourself at risk of inflation, banking greed, and the ever money hungry Federal government.
Listen now!
Show Highlights Include:
- How to get a guaranteed return on your investment until you’re 121 years old (and leave a legacy for your children and their children) (1:35)
- Why having a “SFC” mechanism could prevent you from depleting all your life savings (1:57)
- How to unlock your retirement savings without retiring (without incurring a 10% early penalty) (2:53)
- Scared of your nest egg going down the drain during a recession? Here’s the “WLI” policy that eliminates market volatility from your savings portfolio (3:20)
- How to borrow against the full amount of your savings (without the risk of a margin call) (3:35)
- Struggling to keep up with principal + interest repayments on your loan? Here’s how to pay interest only for as long as you want (4:07)
- How to save as much as you want with no ceiling or cap (even if you earn a million dollars a year) (4:58)
- The simple way a “WLI” policy allows you to leave a legacy, and hand down your wealth to your children and grandchildren (all inflation proof) (5:45)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You owe the US Government $519,000.
What? How?
Well, as a nation, we owe over $31 trillion owed in funded liabilities (debt.) And we also owe over $173 trillion in unfunded liabilities (even more debt.)
Worst part?
According to David Walker, ex-CPA of the USA, your future tax rate will need to double — or else the nation will declare bankruptcy.
Imagine paying double the taxes you already pay. With taxes projected to double, trying to build a nest egg will be impossible. Imagine what your retirement would look like if the government legally steals nearly half of your salary (or your retirement income).
In today's episode, I reveal two ways to build tax free wealth.
Listen now!
Show Highlights Include:
- Excited to get a lower tax rate when you retire? Here’s why you could be stuck paying a tax rate of 74% at 80 (5:21)
- How to avoid an insidious “tax” that penalizes you 50% for saving money in your nest egg (9:00)
- 2 tax-free savings vehicles you can access in retirement (10:18)
- Is your income too high for a Roth IRA? If so, check out “CVLI” as an alternative (and pay no taxes on your savings) (10:32)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
You owe the US Government $519,000.
That’s how much you (and every other American) needs to pay in order to bring down Uncle Sam’s debt. What’s even crazier is this:
According to retirement expert Ed Slott, the Federal government can increase their percentage of your savings whenever they need more money — and that day is coming soon.
So the question is, how much will the government take away from your retirement account?
In today’s episode, I reveal how you can avoid the government legally stealing more of your hard earned money. You’ll also discover how to eliminate $310,000 worth of credit card debt (without filing for bankruptcy.)
Listen now!
Show Highlights Include:
- Worried about a mountain of personal debt? Here’s how to eliminate $310,000 worth of credit card debt (without filing for bankruptcy) (1:23)
- The US government owes over $173,000,000,000,000 to these entities. Check out this website to see the exact breakdown (3:25)
- How to get to a 0% tax bracket (and transform your retirement) by clicking “add to cart” (4:47)
- The four letter word that explains why your tax rate could double (or else the country could go bankrupt) (6:05)
- Excited to get a tax break in 2023? Here’s why doing so could force you to pay taxes at a rate as high as 48% (like in Australia) (7:24)
- Why blowing your money on trips to the Bahamas is a great way to avoid being a sitting duck for a revenue hungry Uncle Sam (8:05)
What links does Valerie want to include?
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
The last 2+ years have shown us we can’t trust the banks or government:
Criminally low interest rates, blatant market manipulation, and an unsafe and volatile market. Every year you leave your money in the bank, you're losing a small percentage of your buying power thanks to inflation. What if I told you that banks are doing something completely different, then what they are telling you to do?
Sounds crazy, right?
In today’s episode, you’ll hear an introduction to one of the most powerful strategies that will allow you to take control of your cash. This strategy will also teach you how to make your money generate multiple streams of revenue.
Listen now!
Show Highlights Include:
- How relying on investment accounts this upcoming recession might cause you to lose 40% of your retirement fund (4:32)
- Why the true definition of “diversified” multiplies your retirement (while being a much safer way to go) (4:58)
- How to save into a “LI” product, keeping these funds protected from stock market losses. Your “LI” account never loses money! (yes, it sounds too good to be true, but it’s not) (6:12)
- A $23.99 book found on Amazon that financially frees you from the cartel known as “the banking system” (8:34)
- How to build a mountain of wealth without paying a dime to Uncle Sam with the Infinite Banking Concept (11:40)
https://infinitebankingnorthwest.com/
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Having a safe and secure retirement feels impossible today. With inflation, higher taxes, volatile stock, and property markets, it’s overwhelming, isn’t it?
And the banks and government aren’t going to help you. We all know this.
That’s the bad news.
The good news?
You can live a debt-free life and retire with a sizable nest egg. In fact, this is easy — so long as you don’t rely on the government and the banks.
Valerie LaRoque, your host, is an authorized IBC Practitioner (with the Nelson Nash Institute)..
Listen to the Infinite Banking Mastery podcast where you will discover the power of the Infinite Banking Concept (IBC). Grow a tax-free pool of cash. Take full control over your financial future. And most importantly, build your legacy.