No, Infinite Banking does not necessarily replace traditional retirement accounts like a 401k or Roth IRA. Instead, it complements them. Infinite Banking offers tax-advantaged growth and liquidity that traditional retirement accounts do not provide. It gives you flexibility, control, and the ability to access your funds without penalties, which can work well alongside your existing retirement strategy.

Infinite Banking is ideal for individuals who are interested in taking more control over their finances and building long-term wealth without relying solely on traditional financial institutions. Real estate investors, business owners, and high-income or high-net-worth individuals find the benefits of Infinite Banking especially compelling due to the liquidity, control, and tax advantages it offers. If you are financially stable, able to save consistently, and want to explore tax-advantaged ways to grow your wealth, you could be a great fit. Qualification will depend on factors like age and health, as the foundation of this strategy is a whole life insurance policy.

Age can affect the structure of an Infinite Banking account, but it doesn't necessarily mean you cannot benefit from it. Older individuals may face higher premiums, but the benefits—such as cash value growth, liquidity, and the ability to leave a legacy—can still make it worthwhile. It's all about designing the right plan for your unique situation.

Dave Ramsey advises against permanent life insurance, typically recommending term insurance and investing the difference. However, our approach differs because Infinite Banking is not just about insurance—it's about creating a financial system that gives you control and continuous growth of your cash value. It offers guaranteed returns and flexibility that many investments cannot match. While term life can provide temporary coverage, Infinite Banking provides lifelong benefits that are far more comprehensive.

There are a few reasons why everyone isn't doing Infinite Banking. First, it requires a certain level of financial education, and many financial advisors are not familiar with the concept. Additionally, this strategy requires commitment and consistency to maximize its benefits, which can be different from traditional approaches. Many people simply aren't aware of the option or don't understand the long-term value it provides.

Technically, yes, but the premiums can be funded by the account’s cash value as it grows. In most cases, the account is designed in a way that allows you to use your growing cash value to pay for the premiums over time, reducing the burden of out-of-pocket expenses. This means that, as the account matures, it essentially funds itself while continuing to benefit you.