The Better Alternative to Your Retirement Account
Today I want to spend a little time clarifying exactly what makes the Infinite Banking Concept different. Different from any other banking system, financial institution, or retirement you’ve ever seen or heard of before. This will help you understand why The Money Multiplier is the best system for your money.
There are 3 major differences, and they are as follows:
- You don’t have to lock up your cash;
- You don’t have to turn over control of your cash to someone else; and
- There are guarantees from day 1.
So let’s explore those a little further.
#1 – You don’t have to lock up your cash.
If you’re contributing to a 401k, IRA, or any other retirement account, you might as well forget about your money. In fact, you probably already have because you can’t touch it and you can’t use it when you need it. Out of sight, out of mind.
Qualified plans require you to lock your money away until some far away future date, when you’re allowed to use it. You can’t get to your money without major penalties until you’re 59.5 years old. And the worst part is that you have no idea if your money is growing or tanking, until it’s too late.
You’re also giving up the opportunity to use your money today. You’re hoping your dollars will be there later. But when you’re finally able to use them, they’re actually weaker than when you locked them up because taxes go up, not down. And even if taxes do go down, we end up getting taxed on more things.
(Read this article to learn how quickly after you pay your premiums you can use the cash account in your policy.)
#2 – You don’t have to turn over control of your cash to someone else.
Don’t you associate more return with more risk? How much more risk are you willing to take on these days? Probably none, right? Especially with the money you’re intending to live off of after retirement. So, while there are people who say they have the time and expertise to manage your money for you, you won’t know if they are doing a good job. That’s a pretty big risk, don’t you agree? Like I said before, the only way you’ll know if your money is being mishandled is when it’s far too late to do anything about it.
But if you believe that with the right information you could make good decisions with your money, then you wouldn’t have to feel the need to give it away to someone else.
#3 – There are guarantees from day 1.
No other financial guru or financial product contains guarantees like this. The only thing they do guarantee is that they can’t go below zero. But inside your policy contract with The Money Multiplier there is guaranteed growth of 4%. And this growth isn’t tied to the markets whatsoever. So even if Wall Street sinks to an all time low, your policy will continue to grow at a rate of at least 4%.
The decision is clear
This is just a little taste of the power and control you have when you have a policy contract with The Money Multiplier. Your money isn’t locked up for years. You don’t have to hand over control of your money. And growth is guaranteed on your policy from day 1. Two things come to mind when I hear this: freedom and peace of mind.
