The current post-pandemic economic environment is characterized by high inflation and swift interest rate hikes. Although mentioning inflation and rising interest rates may immediately raise red flags in many people’s minds, those looking to save rather than borrow are actually positioned advantageously and could benefit greatly from these conditions.
Various savings instruments are experiencing improved returns, but there’s no telling how long this inflationary and high-interest-rate environment will last. In this episode of Money Script Monday, Brain explains how savers can lock in favorable rates while maximizing the benefits of a life insurance policy by strategically using a premium deposit fund to reclaim premiums and produce more returns.
Resources Provided for This Episode
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Advisory Services offered through LifePro Asset Management, LLC. The information presented here is not specific to any individual's personal circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials.