Live Your Life, Insured with Kim Butler

December 16, 2022

When you create tax strategies for your clients, do you discuss the benefits of life insurance and the value it can bring to their investment plans? In this episode, Kim Butler joins Tom to discuss how we can incorporate and leverage whole life insurance policies into our wealth goals.

Order Tom’s new book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/

SHOW NOTES:
00:00 – Intro
02:38 – What’s the different between term and whole life insurance?
05:23 – How often does whole life insurance get paid out?
09:22 – What’s the difference between borrowing from your whole life insurance vs your 401k?
16:49 – How do we compare the loan cost with the purpose of the money?
20:38 – Can we borrow against our life insurance policies?
23:34 – What is universal life?
26:00 – What are the actual death benefits of life insurance?

Looking for more on Kim Butler?
Book: “Perpetual Wealth”
Website: https://prosperitythinkers.com/