As Infinite Banking gains popularity in the financial world it is important to understand the basics of Infinite banking. For many newcomers to the concept it can be difficult to conceptualize and understand what Infinite Banking is exactly. When you are trying to understand if Infinite Banking is right forContinue Reading
Recently an article published on Yahoo! discussed the advantages and benefits of Cash Value Life Insurance. Not only did the author list many of the benefits found within Cash Value Life Insurance (Whole Life), but he went one step further and compared them to traditional savings plans (ROTH IRA, IRA,Continue Reading
Patrick Donohoe, Trever Keele (D.D.S. MBA) and Brad Gibb (MAcc) have a round table discussion about the current state of the economy, Infinite Banking and the effect of Baby Boomers on our society today and in the future. Great insight and perspective is given from the different backgrounds of the podcast participantsContinue Reading
What is Infinite Banking? Simply put, Infinite Banking is a strategy that uses the “Living Benefits” that are found within dividend paying Whole Life Insurance. Life insurance is known for the “Death Benefit” coverage that it provides the beneficiary. However, what isn’t widely known is that life insurance provides many “Living Benefits”Continue Reading
The popular program NOVA on PBS has put together a compelling program that tries to make sense of money and the mysterious affect it can have on humans. The question they pose is: Can markets be rational when humans aren’t? Program Description In the aftermath of the worst financial crisis since theContinue Reading
Chris Anderson of Soulence Tax and Accounting and Patrick Donohoe discuss many of the issues business owners, real estate investors, and Americans face with the current tax structure. With the current tax environment it is vitally important to stay up-to-date on how the tax code will change to your benefitContinue Reading
Bloomberg has created a great piece on Qualified Plans such as 401(k)’s and 403(b)’s. Typical qualified plans and retirement solutions for comfortable Golden Years have failed to provide even fair results to keep up with inflation. Watch this 3 part series on the pitfalls of qualified plans and educate yourselfContinue Reading
Patrick Donohoe of Paradigm Life introduces the Infinite Banking Concept in this 3 part video series. Part 1 discusses the basics of Infinite Banking and how it is similar to a traditional banking transaction. Topics Discussed: Banking Model Positions of Borrower, Bank, Depositor and Owner Infinite Banking www.paradigmlife.net ForContinue Reading
Infinite Banking utilizes the living benefits that can only be found within participating whole life insurance policies. We like to identify 4 living benefits that the policy holder can actually utilize while the policy is still in force. These benefits are: 4 Living Benefits of Infinite Banking: Safety – Life insuranceContinue Reading