Robert Fontaine’s Bank On Yourself Review

Robert’s biggest doubts or concerns when he first heard about Bank On Yourself:

Too good to be true, possibly a scam.

Robert’s experience as a result of using Bank On Yourself:

The more I researched it and looked at all the benefits it provided, the more convinced I became it was the right move for me. I had been looking for a safe place to put my money where it can still grow, I wouldn’t have to worry about it losing, but not lock it up so I couldn’t use it along the way.

I knew I would need to use a large part of my accumulated cash over the next 4-8 years for car purchases and to fund my 14-year-old’s college education. Bank On Yourself will allow me to do that while still having the benefits of it earning as if I never borrowed from it, being able to continue to accumulate for use during retirement, all while providing an immediate death benefit for my wife (as my term policy would be expiring in the next few years).

I started my first policy in June of 2011, and used my first year’s funding to pay for a new car in December of this year. I will be paying myself back in the next several years while also borrowing from myself to fund home improvement projects.

So far, Bank On Yourself is everything it was advertised to be and more.

Specific feature Robert likes the most about Bank On Yourself:

Money doing double duty, NEVER going backwards, not having to worry about what the economy or stock market is doing, etc.

Other benefits Robert likes about Bank On Yourself:

Being able to borrow hassle free

How Robert has used the policy for and how it makes him feel:

Bought a 2012 Honda Pilot (Pictured to the right) in December, just 5 months after funding my first annual premium. Felt, great – no hassles borrowing from myself! I did not give myself a hard time about borrowing from me.

Why Robert recommends Bank On Yourself:

Bank On Yourself delivers all the benefits advertised.

Other Reviews:

Paul Mareel

“Bank On Yourself only goes up and never down like the stock market.”

-Paul Mareel, Macomb, MI
Senior Network Engineer

“Four months after I started Bank On Yourself, I was in a bad accident and totaled my car. I never thought I’d need to use it that soon, but I called my agent and he asked how much I needed for a new car and how much time I wanted to pay it back and that was it. With Bank On Yourself, you control your own destiny and it’s a great way to save for retirement.”

Read more about Paul »

Kevin Grutzmacher

“My wife and I stopped our 401(k) contributions, routing those funds to Bank On Yourself.”

-Kevin Grutzmacher, St. Paul, MN
Public Relations

“When I first heard about this, I thought ‘scam-scam-scam.’ Now I’ve changed my mindset about the ‘magic’ of 401(k) and traditional savings accounts. I like the (currently) tax-free distribution feature of Bank On Yourself.”

Read more about Kevin »

Joe Goldsmith

“A powerful and emancipating feeling.”

-Joe Goldsmith, Boston, MA

“At first it seemed ridiculous to pay interest to borrow my own money. But it really works out to borrowing money and getting back all the interest you paid, plus whatever dividend the company pays that year. It gives me great pleasure to tear up the promotions we get in the mail for credit cards and equity loans. I no longer need anyone else’s money since I’m using my own.”

Read more about Joe »