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Understanding 401(k) Withdrawal Rules
Read more »: Understanding 401(k) Withdrawal RulesWhat do you have planned for your golden years? Having enough money to live comfortably and meet your goals for retirement often starts with your employer-sponsored 401(k). This valuable financial tool helps you achieve your financial goals for retirement. Contributions are deducted from your paycheck before taxes and grow tax-deferred throughout your career. When used…
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Is Infinite Banking Right for You? Pros, Cons, and Insights
Read more »: Is Infinite Banking Right for You? Pros, Cons, and InsightsAre you ready to take the first step toward financial control and independence? Canadians from across the country are learning how the Infinite Banking Concept can reduce their reliance on the banks and volatile market conditions while they build their own family banking system. Ascendant Financial has been committed to helping people achieve financial freedom…
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How to Structure a Whole Life Policy for Infinite Banking
Read more »: How to Structure a Whole Life Policy for Infinite BankingAre you utilizing the most effective financial tools to achieve financial freedom, flexibility, and independence? You no longer need to be at the mercy of the banks and external lenders, and instead can build a “family bank” that you can borrow from. You can leverage a properly structured whole life insurance policy to create your…
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Velocity Banking vs Infinite Banking: Which Wealth Strategy Wins?
Read more »: Velocity Banking vs Infinite Banking: Which Wealth Strategy Wins?Banking is no longer dominated by the banks. People around the world are discovering how to use alternative banking strategies and concepts to regain control of their finances. There are two financial strategies people are discussing: Velocity Banking and Infinite Banking. Both are popular Canadian wealth strategies for paying down debt and covering life’s expenses,…
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Permanent Life Insurance vs Whole Life: Understanding the Key Differences
Read more »: Permanent Life Insurance vs Whole Life: Understanding the Key DifferencesDo you have life insurance? Has it been structured to give you access to its value while you’re living? Life insurance is not a one-size-fits-all financial tool. You’ll typically choose between three types of insurance: Term Life, Universal, or Whole Life Insurance. Term life insurance is the most affordable option, but its benefits are only…
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How Whole Life Insurance Works
Read more »: How Whole Life Insurance WorksWere you taught that life insurance is just another expense? With a properly structured plan, it can be a powerful financial tool to help you pay down debt or finance the life you’ve always dreamed of. Whole life insurance is a permanent insurance policy that not only provides a death benefit for your loved ones,…
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Understanding Life Insurance Dividends: Taking Advantage of Compounding Growth
Read more »: Understanding Life Insurance Dividends: Taking Advantage of Compounding GrowthDid you know that you can get a dividend-paying whole life insurance policy that you can borrow against? In participating whole life insurance policies, policyholders receive non-guaranteed dividends that they can reinvest in their policy to compound its growth. This allows you to help fund major expenses or strategic opportunities as well as nice-to-have investments.…
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Infinite Banking Examples: Understanding the Concept and Its Real-World Application
Read more »: Infinite Banking Examples: Understanding the Concept and Its Real-World ApplicationInfinite banking is more than a concept; it’s how you take control of your wealth and financial independence. Until today, you may have relied on traditional banking but felt that you were not in control of your money. Perhaps there was a time you needed cash for an important purchase, but were limited by the…
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Is Infinite Banking a Scam? The Truth Behind the Strategy
Read more »: Is Infinite Banking a Scam? The Truth Behind the StrategyIs taking control of your finances important to you? Being curious and discerning about what financial strategies you implement is a good thing; in fact, we encourage it. We also understand that it’s easy to be skeptical of new strategies, especially when your financial health and well-being are on the line. You may have heard…
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How to Get Started With Infinite Banking: Step-by-Step Guide
Read more »: How to Get Started With Infinite Banking: Step-by-Step GuideReady to take control of your financial future? Tired of traditional banking that seems to benefit everyone except you? Infinite Banking might be the solution you’re seeking. This approach puts you in the banker’s seat, allowing you to build wealth, access capital when needed, and create a legacy for your family. Unlike conventional approaches that…
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Term vs Whole Life Insurance: Which One Is Right for You?
Read more »: Term vs Whole Life Insurance: Which One Is Right for You?Life insurance plays a vital role in protecting your family’s financial future, but navigating the different policy types can feel overwhelming. Two of the most common options—term life insurance and whole life insurance—serve different purposes and come with distinct features and benefits. Your choice between term and whole life insurance largely depends on your financial…
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What Is a Life Insurance Policy Loan? Understanding Whole Life Policy Loans
Read more »: What Is a Life Insurance Policy Loan? Understanding Whole Life Policy LoansMany people overlook one of the most powerful financial tools available through permanent life insurance: the policy loan. This unique borrowing option allows policyholders to access the cash value they’ve built in their whole life insurance policies, providing liquidity and opportunities that traditional financing often can’t match. Unlike conventional loans from banks, policy loans offer…
