How Entrepreneurs Build Tax-Free Wealth Using Life Insurance | with Tom Wheelwright

Learn how to utilize whole life insurance to not only build tax free wealth but protect and grow your businesses without using the banks. Caleb Guilliams presents at Tom Wheelwright's ( @TomWheelwrightCPA ) inner circle franchise group, teaching them the step-by-step framework behind "becoming your own banker" or "infinite banking" and why life insurance is one of the most underrated assets in a entrepreneurs financial strategy.

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Chapters:

0:00 - Overview

2:26 - How to "Become your own Banker" with Whole Life Insurance

5:38 - Borrowing Against your Life Insurance Policy

8:00 - Removing Longterm Debt with Life Insurance

10:31 - Do You Have to Pay Back the Policy Loan?

13:06 - How Whole Life Insurance Enhances Retirement

16:13 - Withdrawing From the Policy

17:30 - Volatility Buffer

19:41 - How Does Withdrawing Impact Your Policy? Do they Losel Your Cash Value?

23:13 - Three Major Benefits of Life Insurance

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*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.