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

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) The Issues with Infinite Banking (23:13 - 27:25) Real World Examples of Borrowing Against Policies (27:26 - 32:45) The 3 Rates of Return of Whole Life Insurance: Internal, External, and Eternal (32:46 - 38:01) Learn More About BetterWealth: https://betterwealth.com DISCLAIMER: https://bttr.ly/aapolicy \*This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.