BetterWealth with Caleb Guilliams

← BetterWealth with Caleb Guilliams6 dagen geleden · 38 min

The 3 Rates Of Return Of Whole Life Insurance | Phil Bodine

The 3 Rates Of Return Of Whole Life Insurance | Phil Bodine6 dagen geleden38 min

Phil Bodine explains the 3 rates of return he believes you should consider when evaluating whole life insurance. Want to See If Whole Life Insurance Can Improve Your Financial Plan? Schedule Your Discovery Call Here: https://bttr.ly/bw-yt-aa-clarity

Phil and Caleb Guilliams break down the internal, external, and eternal rates of return, how whole life can be used alongside other investments, and why looking only at the policy’s internal performance can miss the bigger picture. They also discuss Phil’s criticisms of Infinite Banking, policy loans, and some of the math commonly used to explain the strategy.

Watch the Interview on Youtube for Visuals - https://youtu.be/0Zf4KJcXEb0

Want to See If Whole Life Insurance Can Improve Your Financial Plan? Click Here: https://betterwealth.com/go/yt/0Zf4KJcXEb0

Want Us To Review Your Permanent Life Insurance Policy? Click Here: https://betterwealth.com/review/yt/0Zf4KJcXEb0

Want to Read Phil's Book? Click Here: https://wealthinoverdrive.com/book/

Chapters:

Intro (0:00)

Phil Bodine's Background & Epiphany (1:38 - 5:22)

The Roles of Life Insurance: Grow, Protect, & Preserve (5:23 - 10:29)

Addressing Common Objections To Permanent Life Insurance (10:30 - 16:38)

Comparing Life Insurance to Other Investments (16:39 - 23:12)