Are “Termites” Destroying Your Financial Foundation?

Chomp… Chomp… Chomp…

That’s the sound of termites destroying your financial foundation.

But most people aren’t aware it’s happening. And it’s claiming more victims than you might think.

Of course, you’re aware of how inflation is eating away at the value of your dollars. You feel it at the grocery store, the gas station, when you pay rent, and just about everywhere you look.

But, if, like many Americans, you own a term insurance policy, personally or through your workplace, it might not even be worth the paper it’s printed on when you need it.

Inflation has been running at a 40-year high, currently around 9% per year. But let’s say the Federal Reserve gets it right and brings inflation down to 4% annually in the next few years.

Imagine that you have a $500,000 20-year term policy. In the event of your death, the benefit your loved ones would receive will lose up to 56% of its purchasing power.

But what if inflation remains stubbornly high? If it averages 8% per year, the benefit your loved ones would receive will lose a whopping 80% of its purchasing power!

Term insurance is the most commonly owned type of life insurance, even though studies show that most term policies never pay out a claim. Term Insurance is designed to terminate before you do. The only reason they’re relatively inexpensive is that statistically, the insurance company knows you have very little chance of dying while the policy is in force.

How to Termite-Proof Your Life Insurance Program

Did you know there is a type of life insurance policy that protects you from the ravages of inflation in (at least) 3 ways? It’s high cash-value dividend-paying whole life insurance, commonly known as Bank On Yourself-type policies. Here’s how that protection works:

Inflation Protection Advantage #1: Your Premium Is Guaranteed Never to Increase for As Long As You Have the Policy

There are never any increases in premium because you’re older or you get sick. And no matter how high inflation gets, you’re paying the same premium with ever cheaper dollars.

When you take out a term insurance policy (typically for 5, 10, or 20 years), your premium will increase every time you renew it. The older you are, and the more health problems you have, the more astronomical those premiums will be.

Inflation Protection Advantage #2: Your Death Benefit Can Keep Growing and Growing and Growing…

Most financial reps only know about whole life policies where the death benefit stays level. But with a dividend-paying whole life policy, dividends can be left in the policy to purchase additional coverage, known as “paid-up additions.” They are called “paid up” because you pay for them just one time – in this case, with the policy dividend you were credited.

These paid-up additions boost your death benefit, and the death benefits of the policies my family owns have kept up with inflation – something a term life insurance policy will never do. See the proof here.

Inflation Protection Advantage #3: Bank On Yourself-Type Dividend-Paying Whole Life Policies Are Designed so the Growth of Your Cash Value Is Both Guaranteed and Exponential

And that’s guaranteed to happen every year, whether dividends are paid to policy owners or not. Dividends are not guaranteed, however, the Bank On Yourself Professionals use companies that have paid dividends every single year for at least the past 100 years, including during the Great Depression and the Great Recession.

In addition, the insurance companies recommended by the Bank On Yourself Professionals have much of their assets in long-term investment grade fixed income assets like corporate bonds. When the Fed drives up interest rates to curb inflation, bond interest rates typically increase. This can increase dividends to policyholders as well, and it’s precisely what has happened during high inflation periods in the past.

Of course, term insurance policies provide none of these benefits.

Here Are Four More Ways the Bank On Yourself Strategy Is the Swiss Army Knife of Financial Planning Strategies:

Benefit #1: Vacations are for people, not your retirement savings. A Bank On Yourself plan doesn’t skip a beat when the stock or real estate markets crash. This strategy has a 160-year-plus track record of guaranteed, predictable growth – with no luck, skill, or guesswork required. And your policy is guaranteed to grow by a larger dollar amount every single year.

Want to termite-proof your life insurance program and find out what your guaranteed bottom-line numbers and results could be if you added the Bank On Yourself strategy to your financial plan? Just request your free, no-obligation Analysis now.

Request Your Free Personal Finance Analysis

Benefit #2: Adding Bank On Yourself to your financial plan lets you fire greedy bankers and finance companies and become your own source of financing, gaining access to money whenever and for whatever you wantno questions asked.

Benefit #3: You don’t have to liquidate your retirement savings or any other asset to get your hands on money for emergencies or opportunities. Plus, you can use that money, and your plan can continue growing as though you never touched a dime of it (if your plan is from one of a handful of companies that offer this feature).

Benefit #4: The Bank On Yourself strategy is an unbeatable place for money you need to keep safe and liquid and for money that you can’t afford to lose, whether that be money you’re saving for retirement or a college education. Your growth is guaranteed and beats savings, money market accounts, and CDs by a country mile. Having money safe and liquid doesn’t take away your options – it only gives you more flexibility and control.

Find Out Today How the Bank On Yourself Safe Wealth-Building Strategy Gives You an Unbeatable Combination of Advantages and Guarantees

It’s easy to find out what your guaranteed, bottom-line results could be if you added Bank On Yourself to your financial plan. Just request your free Analysis here now. You’ll get a referral to a Bank On Yourself Professional with advanced training on safe wealth-building strategies who can answer all your questions.

Take the next step towards financial peace of mind today by clicking this button:

Request Your Free Personal Finance Analysis

Shaky Economy Stressing You Out? Here’s What to Do…

Feeling like a deer in the headlights right now? You’re not alone! Soaring inflation, stock market crashing, a pandemic that just won’t go away – and the only light at the end of the tunnel looks like the oncoming train of recession! We’re all getting squeezed from both ends…

It’s costing you 60% more than last year to fill up your gas tank.

Last month, you thought about buying a new home. This month mortgage rates have priced you totally out of the market.

Global supply chain glitches mean that things you bought all the time are almost impossible to find. (Seriously, a sriracha hot sauce shortage?!?)

Your low-interest charge cards are projected to average 20% in a couple of months – and the high-interest rate ones will be off the charts.

A few months ago, you were sitting on your big, juicy 401(k) or IRA and thinking of early retirement. Now, you’re praying they’ll let you keep your job when you’re 82.

Not long ago, you looked at your retirement account balance and felt euphoric. A humongous asteroid could be heading toward earth and the market would still go up! I can relate. [Read more…] “Shaky Economy Stressing You Out? Here’s What to Do…”

How to Shield Yourself from Market Volatility, Inflation and Interest Rate Woes

Stock market volatility has returned with a vengeance, as this chart of the Dow over the last 3 months starkly illustrates.

We’re facing a whirlwind of economic challenges we have little or no control over. Here are the top 5 currently contributing to the volatility:

Challenge #1: Inflation has hit a 40-year high

That’s hammering consumers, wiping out pay raises, and reinforcing the Federal Reserve’s decision to rip off the band-aid and raise borrowing rates multiple times this year alone, which some economists fear will trigger a recession.

Challenge #2: The pandemic and rock bottom interest rates pushed home prices up at a head-spinning rate

[Read more…] “How to Shield Yourself from Market Volatility, Inflation and Interest Rate Woes”

The Ugly Financial Truth in Pictures

They say a picture is worth a thousand words.

If you’ve been having a sinking feeling in the pit of your stomach that you’ve been treading water in your financial plan for what seems like forever, these three graphic “snapshots” reveal the ugly truth.

These snapshots clearly illustrate the fatal flaws in the conventional wisdom that’s been shoved down our throats for so long about saving and investing.

This is your retirement plan powered by Wall Street

A quick look at this snapshot tells you everything you need to know…

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Let me ask you a question…

Where is it written that you must suffer a lost decade – or more – growing your nest egg?

Isn’t that what Wall Street wants us to believe?

The fact of the matter is that the only guarantee Wall Street gives you is that they’ll get paid whether you win or lose!

It’s also why they desperately don’t want you to know about the peace of mind, guarantees, and predictability you get when your retirement plan is powered by Bank On Yourself.

Once again, a picture is worth a thousand words, so let’s compare the growth in a Bank On Yourself plan side-by-side with what the Wall Street Casino offers:

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The chart on the right above shows the growth pattern in a typical Bank On Yourself-type policy.  The growth is exponential (in the mathematical sense of the word).  That means the growth curve gets steeper every year you have the policy – with no luck, skill or guesswork required to make that happen.

And while these plans grow more slowly at the start (there’s no such thing as a magic pill!), the growth is at its peak at the time you need it most – retirement.

The chart above is based on the actual growth I’ve received in one of my own policies so far, along with the projected growth based on the current dividend scale.

Dividends aren’t guaranteed, but the companies preferred by the Bank On Yourself Professionals have paid them every single year for more than 100 years.

Keep in mind that no two Bank On Yourself plans are alike…

Each is custom tailored to your unique situation, goals and dreams. To find out what your bottom-line, guaranteed numbers and results would be if you added Bank On Yourself to your financial plan, request a free, no-obligation Analysis now, if you haven’t already done so.
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If you’re wondering where you’ll find the money to fund your plan, keep in mind the Bank On Yourself Professionals are masters at helping people find money they didn’t know they had to fund a plan. Here are the eight most common places they look.

So now let’s take a look at another bit of conventional financial wisdom gone awry…

We were taught we could count on the equity in our homes to be a major part of our retirement nest-egg.  A lot of people who thought they were doing the right thing made extra mortgage payments, so they could have the “security” of knowing their home was paid off in full when they retired.

They plowed money they could have put into safe savings into their homes instead – which got them a ZERO rate of return on their hard-earned dollars AND locked up their money in a depreciating asset.

And here’s a snapshot of where that got them…

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News Flash!  There’s a better way!  Did you know that you can save up enough cash value in a Bank On Yourself policy to be able to write a check to pay off your mortgage in full, any time you choose to do that?

My husband and I could do that TODAY – if we chose to.  But we made the smart decision to leave that money in our Bank On Yourself plans where it is working much harder for us.

How much harder is that money working for us?  This blog post I wrote on the rate of return of a Bank On Yourself plan reveals why you’d need to get a 7-8% return in a tax-deferred account, like a 401(k) or IRA, to equal the return of a typical Bank On Yourself plan.

And that’s without the risk or volatility of traditional investments!

TIRED OF WATCHING YOUR FINANCIAL PLAN GO NOWHERE?

Find out how the Bank On Yourself method can give you the financial security and predictability you want and deserve. It’s NEVER had a losing year in 160 years! Take the first step right now by requesting a FREE Bank On Yourself Analysis.

Wondering where you’ll find the funds to start a plan? Don’t worry! You’ll receive a referral to one of only 200 financial representatives in the country who have met the rigorous requirements to be a Bank On Yourself Professional and can show you ways to find money you didn’t know you had to fund a plan.

Now let’s take a look at the promise of gold.  Again, a picture is worth a thousand words…

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I’ve found most people who are buying gold today have no clue about the volatile history of that metal.  And those who forget (or are ignorant of) the past are condemned to repeat it.

And keep this in mind – Bank On Yourself doesn’t have to be an either/or proposition, because you can use the money in your plan to make purchases or to take advantage of opportunities and investments.  (It’s your money, after all!)  Your policy continues growing as though you never touched it.  (Work with a Bank On Yourself Professional to make sure your policy is from a company that offers this feature.)

Having your money in something that’s safe and liquid doesn’t take away your options!

This is the time of year when people often take stock of where they are today, and where they’d rather be in the future.

If you still believe that Wall Street holds the key to your financial security, and if you believe the economic challenges we’ve been facing that have caused the unprecedented volatility in the market are over with… then keep doing what you’ve been doing and hope it all works out.

But if you’re determined that the next ten years are going to be a lot better than the last ten or more, then today is the day to take the first step towards a financial future you can predict and count on by requesting your FREE Analysis, if you haven’t already done so.

When you do, you’ll find out if you qualify for a Bank On Yourself plan.  It can take up to 60 days for your policy to be approved.  So you can see why you need to start today to hit the ground running in 2012.
Request Your Analysis ButtonRequest your free Analysis now… and find out how much your financial picture could improve by adding Bank On Yourself to your financial plan.