The Value of Cash Value in Your Wealth-Building Strategy

hand attracts money with a large red magnetIf you are committed to building meaningful wealth and securing your financial future, the first thing you need to know is that investing on Wall Street is not a smart path forward. Wall Street is inherently volatile and risky. What you really need is to find a secure place to put your money that earns you a steady rate of return and keeps your money out of Wall Street’s greedy, self-serving hands. The ideal solution is a whole life insurance policy, which features a cash value that grows over time and that you can access at any time to fund other investments.

Explore why cash value is valuable for your wealth-building strategy.

  • Cash value makes you your own bank: When you need money, you typically turn to a bank, which slaps you with rigid repayment terms and a hefty interest rate. When you take out a whole life insurance policy, you can loan yourself as much money as you need, by borrowing against your policy’s cash value. You set all of the repayment terms, including the interest rate.
  • Cash value creates a steady cash flow: As the cash value of your whole life insurance policy grows over time, you can continue tapping into it to create a steady cash flow. You can live off this cash flow, or you can put it into other investments.
  • Cash value keeps your investment liquid: When you invest on Wall Street, you tie up your money in various financial products, such as stocks or mutual funds. With a whole life insurance policy, your cash value is fully liquid and yours for the taking, whenever you need it.
  • Cash value keeps your money working for you: When you put your money into Wall Street investments, you cannot turn around and reinvest it somewhere else. With a whole life insurance policy, you can borrow against your policy’s cash value and keep your money moving through other investments, such as real estate, even as your whole life insurance policy continues to earn dividends.

Cash value is the foundation.

The cash value of whole life insurance policy is the foundation of meaningful wealth-building. With cash value, you can become your own bank, create a steady flow of cash for yourself, and keep your money liquid and working for you.

For more information on how to access the cash value of a whole life insurance policy, visit Paradigm Life’s Things to Know About Cash Value.

Blog banner debt