Money. Wealth. Life Insurance.: How the Wealthy Use Life Insurance as a Tax-Free Personal Bank to Supercharge Their Savings
BookHigh SchoolActuary

Money. Wealth. Life Insurance.: How the Wealthy Use Life Insurance as a Tax-Free Personal Bank to Supercharge Their Savings

Thompson, Jake

Why we picked it

This bold, accessible book makes the case for cash-value life insurance as a wealth-building tool, exposing high-schoolers to how sophisticated insurance products are structured and used.

Our review

This provocative little book argues that cash-value life insurance, used strategically, can act like a personal bank and a financial safe house. Whatever a reader makes of its bold claims, it opens a window onto how insurance products are designed, priced, and put to work building wealth. For a teen weighing an actuarial path, it sparks real questions about the financial machinery actuaries help build.

About this book

From the product listing

Americas elite have been using cash value life insurance to stockpile wealth for centuries. Used correctly, it is better described as a personal bank on steroids, and a financial bunker for tough times.To be clear, this book is not about the typical garbage peddled by most insurance agents. Rather, an alternative to the risky investment strategies taught by Wall Street.It details a highly efficient form of cash value life insurance designed to supercharge your savings and stockpile wealth. A product so powerful its responsible for the success of Walt Disney, JC Penney, Ray Kroc, and thousands of others.Heres what youll discover:How the wealthy use this vehicle to create more wealth, take less risk, and create predictable income they cant outliveWhy banks and corporations place billions of dollars in this powerful vehicleHow I earned over 300 percent returns leveraging my life insurance policiesHow you can create a safe, predictable foundation to enhance every financial decision you makeHow to win with taxes and keep more of the money you makeWhile the information compiled into this book is valuable, youll also find three case studies that show you exactly how it works. Youll be able to visually see how it grows, how its accessed, as well as the future income that can be taken.

Resource details

Resource type
Book
Age ranges
High School
Careers
Actuary
Good for kids who are
Conventional, Investigative
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