Comment: Bank on Yourself Will Beat Your Financial Strategy…or We’ll Pay

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Bank on Yourself Will Beat Your Financial Strategy…or We’ll Pay

Just get a dividend paying - mutually held - whole life - insurance policy.
Most agents are clueless about this type of policy -- even though they will tell you they know.
DO NOT TRUST THEM!

YOU MUST USE A TRAINED BANK ON YOURSELF AGENT.
http://www.bankonyourself.com/

THIS IS WHAT THE BANKSTERS USE TO GET ~CONTRACTUALLY~ GUARANTEED GROWTH.
- TAX FREE ACCESS TO MONEY
- NO IRS RESTRICTIONS ON HOW MUCH OR WHEN YOU CAN USE YOUR MONEY
- BORROW FROM YOUR ACCOUNT AND BE PAID DIVIDENDS AS IF THE MONEY HAD NEVER BEEN WITHDRAWN

Bank on Yourself Will Beat Your Financial Strategy…or We’ll Pay You $100,000!*
http://www.bankonyourself.com/challenge
Compare your BEST saving, investing or retirement planning strategy to the 18 advantages and guarantees of Bank on Yourself listed below…

Does your favorite strategy give you this benefit?
1. It increases by a contractually guaranteed amount each year
Yes
No
I wish

2. Your principal doesn’t lose value due to a stock or real estate market crash
Yes
No
I wish

3. Your plan could be administered by a company so rock-solid, that it’s part of one of the financially strongest financial services companies in the world
Yes
No
I wish

4. If the company that holds your account experiences financial results that are better than their projected "worst-case" scenario, you may also receive a dividend, in addition to your contractually guaranteed minimum annual increase (dividends are not guaranteed, however, the companies preferred by Bank On Yourself Advisors [specially trained life insurance agents] have paid dividends every single year for more than 100 years, including during the Great Depression)
Yes
No
I wish

5. Once credited to your account, both your guaranteed annual increase and any dividends you may have received are locked in – they don't vanish because stocks or real estate tumble
Yes
No
I wish

6. You can have peace of mind knowing that your growth (as well as your principal) in the plan are protected by a multi-layer safety net
Yes
No
I wish

7. You don't have to depend on luck, skill, or guesswork in choosing the right stock, mutual fund or other investment, and you can stop chasing after the best way to invest your money
Yes
No
I wish

8. If you pay for major purchase by borrowing your equity from your plan to pay cash for these items, and then pay your plan back with interest (just as an outside lender would have required you to do), you could ultimately recapture most or all of the interest you'd otherwise pay to financial institutions, and never see again
Yes
No
I wish

9. When you pay for things as described above, you could also recapture those dollars in your plan, so you can use them againYesNoI wishWant to find out how much more lifetime wealth you may be able to have by making major purchases this way?

10. Your plan comes with tax advantages. It's possible to get your hands on both your principal and growth with little or no tax consequences, under current tax law. Dividends you leave in your policy are not taxable. And dividends you take out are not taxed until they exceed the total premium you paid into the policy (your "cost-basis"), at which point you could switch to borrowing against your "cash value" tax-free, as long as the policy remains in force (as spelled out in IRS Tax Code, Section 72)
Yes
No
I wish

11. You are in control of the equity in your plan, and you don't have to sell or liquidate your plan, investments or assets to get your hands on your equity
Yes
No
I wish

12. You can borrow your equity in the plan and use it to buy things or to invest in anything you want, while your plan continues to grow as though you never touched a dime of it. (With the policies and companies preferred by Bank On Yourself Authorized Advisors, you receive the same guaranteed annual increase, plus any dividends that may be credited, regardless of whether you have a policy loan. Only a handful of insurance companies offer this feature. Loans that are never repaid will, of course, lower policy values. Excess unpaid loans may cause a policy to lapse.). You can't be turned down for a loan (as long as you have equity in the plan), and you don't have to fill out any nosy credit applications. If an emergency comes up and you have to reduce or skip some loan repayments, you won't get a black mark on your credit report or harassing calls from bill collectors
Yes
No
I wish

13. You can predict the minimum guaranteed value of your plan in any given year (less any outstanding loans you've taken from the plan), as well as the minimum annual income you could take from the plan and for how long, so you don't have to pin your hopes for a secure financial future on luck, skill, or guessing games. (If the company that administers your plan has better financial results than its worst-case predictions, you could have additional growth.)
Yes
No
I wish

14. You can have access to your equity in the plan to provide retirement income – when and how you want it – with no government penalties for "early" withdrawal, or for waiting "too long." There are also no penalties for taking out "too little" each year and no mandatory annual "minimum withdrawal" requirements that are typical of traditional retirement plans (and without the restrictions of 401k withdrawal rules)
Yes
No
I wish

15. Your plan has a guaranteed value at "maturity." If you pass on before then, your family and/or favorite charities could receive a guaranteed and predictable benefit many times larger than the current value of your plan. And it could go to them income-tax free, according to current tax law (IRC Section 101). What this means is that your loved ones could even get money you intended to save!
Yes
No
I wish

16. The money in your plan may be protected from creditors and lawsuits (consult with legal counsel to determine what's applicable in your state)
Yes
No
I wish

17. Your plan is not dependent on government-sponsored programs like Social Security or Medicare, both of which are predicted to go bankrupt. You also don't need to depend on an employer to keep their pension or retirement plan promises
Yes
No
I wish

18. You don’t have to be a tycoon to get started. The minimum amount required to get started is very low, and there is no upper limit imposed by the government on the total amount you can put in each year (the upper limit is determined by your income and assets)
Yes
No
I wish