What is Bank On Yourself?
It’s a time-tested financial concept and tool that lets you grow your money safely and predictably, even when stocks, real estate and other investments tumble.
The Bank On Yourself concept uses a whole life insurance policy with some little-known features added on to it that can beat the pants off your traditional financial and retirement planning strategies.
Yes, we said whole life insurance… but not the kind most financial advisors and experts talk about. And we’ll show you the difference in a moment.
Blindly following the advice of Wall Street and financial “gurus” such as Dave Ramsey and Suze Orman got you where you are. Are you happy with the state of your finances?
The simple truth is that millions of Americans are hurting and many may have to work for the rest of their lives just to make ends meet. Wall Street lost more than 45% of the typical investor’s savings twice in the last decade. You may not vividly remember the sting of the last crash, but don’t fool yourself into thinking it isn’t going to happen again.
Bank on Yourself is the best way to invest money, if your goal is to safely grow and protect your hard-earned money and have a secure retirement you can predict and count on.
Still reading? Good. Let’s talk about how this method can be used to accomplish a wide range of financial goals.
Conventional wisdom says that you have to die to “win” with a life insurance policy, but the financial benefits of the kind of policy used for Bank On Yourself — while you’re alive — make it something you need to hear about. The fact is that this is a type of policy that less than one in 1,000 advisors fully understands, as our experience and research has shown.
(Learn how to find an advisor with the expertise required to structure your policy properly.)
Designed properly, it can give you peace-of-mind, guaranteed growth, safety, and more flexibility than any investment or savings program we’ve ever found. Compare them for yourself.
Even Walt Disney and J.C. Penney used this method! And company founder Pamela Yellen has appeared as a source on every major TV and radio network. Her articles have been published in hundreds of publications and websites.
It’s not the fault of pundits like Dave Ramsey or Suze Orman (or 99% of financial advice givers). They, like most financial advisors, were never trained on this. We’re so confident that they’ll come around once they understand the power of this plan that we’ve reserved a special place for their endorsements along with the trusted experts who have already endorsed Bank On Yourself.
We understand your skepticism. If you browse the personal finance section of any bookstore, turn on the TV, or open a magazine on finance, you’ll discover that 99 out of 100 financial “gurus” will insist that whole life insurance is a lousy place to put your money.
But they don’t know how the policies used for the Bank On Yourself concept are different. And we can prove it! Don’t take our word for it – get the facts and see the proof here.
What is dividend paying whole life insurance?
With a whole life policy, you receive a pre-set and contractually guaranteed increase every year. Neither your principal nor your gains are lost when the stock or real estate markets tumble.
The growth in this type of policy is both guaranteed and exponential, meaning it gets better every single year, simply because you stick with it, rather than jumping from one “hot” stock, fund or investment to the next.
The power of the Bank On Yourself concept is maximized when a dividend paying whole life policy has two additional features:
- A portion of your premium goes into a rider that puts the growth of your money in the plan on legal steroids, and significantly increases the amount of money you have in the policy available to use, especially in the early years of the policy. Even over the long term, the value of a traditional whole life policy (the kind most financial advisors and “gurus” like Suze Orman and Dave Ramsey talk about), will never catch up with a policy designed to maximize the power of Bank On Yourself.
- A feature that allows you to borrow your money in the policy to buy something or invest somewhere else, and your policy could continue to grow as though you never touched a dime of it (because you receive the same guaranteed annual increase, and any dividends you may receive are unaffected by policy loans).
This gives you many advantages over borrowing from a 401(k) plan or IRA, or using a savings or money market account.
When you borrow from a policy consistent with the Bank On Yourself concept to make a major purchase (like a car, vacation, home repair or business equipment), and then pay the loan back with interest, you could recapture the interest you paid, and you could significantly increase your lifetime wealth, without taking on more risk.
How this works is explained in detail in chapters 2 and 13 of the New York Times best-selling book on this concept. It beats financing, leasing or even directly paying cash for things by a long shot. It’s actually better than being debt-free.
Out of more than 1,500 major life insurance companies, relatively few even offer a policy with all the features needed to maximize the Bank On Yourself concept, which is one reason most financial advisors are not familiar with this kind of policy.
This isn’t taught in the standard insurance industry training programs advisors seeking licenses or designations take, our research has shown. But there are now some 200 hand-selected life insurance agents and advisors who completely understand the step-by-step process for properly designing and implementing the Bank On Yourself concept to help you reach your financial goals and dreams.
Our company was started with the mission of educating Americans about this proven way to have a rock-solid financial plan, with no luck, skill or guesswork required.
Would you like to find out what your bottom-line numbers and results could be if you added Bank On Yourself to your financial plan? Simply request a FREE Analysis here.
If you’re still skeptical, we invite you to compare your best saving or investing strategy against the 18 key advantages and guarantees of Bank On Yourself. Company founder Pamela Yellen has a standing offer to pay $100,000 to the first person who uses a different financial product or strategy that can match or beat it.
We also encourage you to get our FREE Special Report on what you can do today to start taking back control of your financial future.
Hundreds of thousands of Americans of all ages, incomes, and backgrounds are already using Bank On Yourself to have financial security and reach a wide variety of short-term and long-term personal and financial goals and dreams. Check it out for yourself — listen to the stories of people just like you who are enjoying the benefits of Bank on Yourself.