Wade and fellow IBC Practitioner, Nicole Tate continue their discussions (chapter by chapter) on Becoming Your Own Banker by R. Nelson Nash. In this episode, Wade and Nicole talk more about retirement, borrowing money from your insurance, and line of credit. Stay tuned to hear more about growing your dividends, interest, and premium interests!
Highlights
- Why Nelson is never a big fan of retirement
- How to use retirement as a financing system and start taking passive income from it
- How the closed system works and how you can make it much bigger and better
- The Contract Law
- Line of credit and how it works
- Why Wade wants to be in control: His experience with Wells Fargo pulling out their line of credit
- What the big misconception is on how borrowing from an insurance company works
- How you can grow your dividends, interest, and premium interest
Episode Resources - Connect with Wade Borth
- https://www.sagewealthstrategy.com/
- wade@sagewealthstrategy.com