FAQs
This seems too good to be true. What’s the catch?
There is no catch. Remember, this isn’t magic. We’ve discovered that if we use the age-old financial principles of leverage and apply them to one of the safest assets on the planet in a systematic way, we can build the safest and highest earning asset of which we are aware. We’ve been doing this for years and it does take work and commitment, but we do all the work and make it easy for you. The process is extremely safe, flexible, and has great potential growth. If you currently have your own whole life cash value policy, we can use it as the foundational account from which to begin your portfolio amplification. Your policy will need to have an annual dividend rate that is higher than the current financing rate, but if this is not the case, we can help you apply to qualify for a better policy. If you are currently uninsurable there may be a way you can still benefit from the Infinite Abundance Program.
What if rates change at the bank? At the insurance company?
If, for any reason, leverage with a bank is no longer favorable, we can adjust the plan in two ways. First, we could simply obtain a “wash loan” from the insurance carrier that is readily available to pay back the Line of Credit with the bank or, second, in an extreme case, we could surrender enough cash values to pay off the line of credit. In either case, there is no financial out of pocket loss, only a reduction in your earnings back to the typical underleveraged rate until conditions normalized and the spread returned. We could then obtain a lower rate loan from our banking partners to repay the insurance carrier “wash loan” and the extra earnings would again kick in. While we don’t anticipate economic conditions that would cause the spread to close, it is easy to make the adjustments and there is no out of pocket harm to you in the event such a situation does occur.
How does the Infinite Abundance Program compare to an annuity?
Annuities have unique guarantees not offered with the Infinite Abundance Program™, but if it’s high income or growth that you’re looking for, it’s very hard to beat the Infinite Abundance Program™. Individual situations will vary and programs should be designed accordingly. Please consult with us to learn more.
Can I use Qualified money?
Yes, in certain circumstances.
I’ve always thought buying term and investing the rest was the best strategy. Does the Infinite Abundance Program™ change that?
We believe it does. Permanent life insurance, when done right, shouldn’t cost money, it should make you money. Outside of the Infinite Abundance Program™, a whole life policy averages 4.5%-5% tax-free BUT ONLY AFTER paying into it for 20 years or more. The Infinite Abundance Program™ changes all of that. Expected rates of return are typically more than double and the time period to reach profitability is greatly reduced. For this reason we don’t see the Infinite Abundance Program™ as being a cost, but instead, a resource.
Is this only available because of the low interest rate economy? What happens when rates change?
No. We believe that the Infinite Abundance Program™ is a great opportunity in nearly all interest rate environments and are easily adjusted during any brief periods of time when it wouldn’t be favorable.
Do I need to pay taxes on any income I receive from my Infinite Abundance Program™?
Not usually. All contributions to your plan are made with after tax dollars and grow inside the #1 LEGAL tax shelter in America (cash value life insurance). Income is drawn from your Line of Credit, which is not taxable. In some instances, loans from your line of credit may even be tax deductible. As always, we encourage you to consult with your tax advisor.
I’m uninsurable because of “X”. Is there any way for me to still benefit from the Infinite Abundance Program™?
Absolutely! Anyone you may have “insurable interest” in is eligible for an Infinite Abundance Program™ plan that you can own. For example, you could own a policy on your spouse, children or business partner. While this doesn’t immediately address your death benefit needs, over time it may provide a substantial lump sum to take care of final expenses.
I like Real Estate. How can I incorporate this into my current strategy?
The Infinite Abundance Program™ works very well with building a real estate portfolio. With the Infinite Abundance Program™ you will have access to a Line of Credit at a much lower rate than traditional mortgage financing. And, the policy cash values are available to you right away. It takes about a week to access your cash values during the first year but after the first year you simply write a check any time.
Is there a minimum amount needed to make this work?
Every situation is a little different, but we generally like to see a lump sum to be used of $40,000 or a minimum annual premium commitment of $20,000.
Do I need to make an appointment with a banker, go down to the bank and fill out a bunch of paperwork for the Line of Credit?
While the process may seem complicated, we coordinate and monitor everything on your behalf. We take care of all the paperwork for you. By the time it gets to you, all that is needed is one signature. We typically recommend establishing your Line of Credit after 2 or 3 years of beginning your Infinite Abundance Program, after we begin to amplify your portfolio and the cash value is beginning to grow.
How does Desert Rose Capital Management fit into the Infinite Abundance Program?
Desert Rose Capital Management, owned and managed by Kirk Stafford, is a Registered Investment Advisor. As such, they are heavily regulated. They have the ability and the legal mandate to act as a fiduciary on your behalf. They monitor the cash value growth of the policy and administer the financing portion of the Infinite Abundance Program that amplifies your returns.