Episode

229

Round Table | How to Think About IBC – as a Person Over 55

What's this episode all about?

Do you find yourself wondering if it's too late for you to start using the infinite banking concept? Unless you no longer need to spend money, you’re never too old to start. IBC is one of the best cash flow management tools and helps you to have more control over your funds. But wait, isn't the cost of whole life insurance for an older person so expensive that thinking about IBC at this point would not be practical? How do you think Nelson Nash, the author of Becoming Your Own Banker, answered the same question? Am I too old to start this? Nelson was 52 years old when he discovered this concept, while buried in debt and looking for a solution to solve his problem. Today's round table will explore the different perspectives and answers to that question and why it isn’t a bad thing to consider IBC when you're over 55.

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