Episode 173: Am I Too Old for Bank on Yourself®? Part 2
In this episode, we ask: Did you hear Part 1 in last week’s episode, Episode 172? What about Bank on Yourself® for seniors? What about long term care? Can an 85-year-old get life insurance? What about examples? How do lump sum premiums work?
Not Your Average Financial Podcast™
December 25, 202024m 13s
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Show Notes
In this episode, we ask:
- Did you hear Part 1 in last week’s episode, Episode 172?
- What about Bank on Yourself® for seniors?
- What about long term care?
- Can an 85-year-old get life insurance?
- What about examples?
- How do lump sum premiums work?
- What about riders?
- What about growth?
- What about guaranteed values?
- What about inflation?
- What is a single premium whole life policy?
- What about health concerns?
- What is different about underwriting?
- What about insuring someone in your family or business?
- What about ownership of the policy?
- What questions should you ask?
- What about retirement?
- Who do you know that needs to consider this?
- Has your retirement gone up in value every single year?
- What about dividends?
- How strong is the institution where your money is held?
- What about luck?
- What about skill?
- What about growth and principal?
- What about taxes on gains?
- Can you spend the money while it’s still growing for you?
- What about borrowing cash value?
- What is the path toward uninterrupted compound growth?
- Do you have a Bank on Yourself® professional to talk with?
- What is a non-recourse loan?
- What happens when you die?
- Is your money liquid?
- Are you penalized from accessing your money?
- Is your money trapped?
- How much can you withdraw?
- What’s pretty cool?
- What about retirement income?
- What about the biggest complaints from seniors?
- What about penalties?
- Does your plan address the 500-pound gorilla in the room?
- What about long term care?
- What about activities for daily living?
- What about giving to charity?
- What about probate court?
- Would you like to hear some examples?
- What about the sandwich years?
- What about required minimum distributions or RMDs?
- What about a home health care benefit?
- What about leaving a legacy?
- Where do seniors tend to keep cash?
- What is possible and not possible to do?
- Would you like to call us?
- Would you like to view Mark’s calendar and book a meeting?
