1 hr
Ep 14 - Build and Protect Intergenerational Wealth with Paul Fugere The Art of Winning
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- Entrepreneurship
What impact are you leaving on the world? What are we leaving behind for our loved ones? In this episode of The Art of Winning Paul Fugere and Ashton Levarek talk about life insurance – Investors and noninvestors and what kind of people this policy works best for, how to know and learn more about life insurance and how to use it.
Paul was born and raised in MA to two working-class parents. He is married to a wonderful woman and we have two great and energetic kids. Paul and his wife are both career Army officers. Paul has always had a passion for personal finance and is blessed now to be a financial professional in the Life Insurance space focusing on Nelson Nash's Infinite Banking Concept. As a family they enjoy their dogs, boating, eating, and traveling.
[00:01 - 11:08] Who is Paul Fugere?
Paul shares his background You're not making a deposit, or not investing; You're paying a life insurance premium What whole life insurance allows you to do The essence of IBC (infinite banking concept) is to build a large pool of capital so that you can become your own banker and finance the needs of life
[12:08 - 30:52] Whole Life Insurance as a Faster Growing Saving Account
Debunking misconceptions about life insurance Life insurance It's not going to work like a mutual fund or an index fund Win back your time and gain control of your finances with life insurance How to access your capital on life insurance Your premium produces cash value Getting a policy loan What happens when you can’t pay back your premium loan
[30:53 - 52:13] Leaving This World Knowing Your Loved Ones are Taken Care of
Understanding the Death Benefit The correlation between cash value and death benefit Setting your generations up for future lifetimes What annual returns you can expect year by year
[52:14 - 01:50:00]Closing Segment
Final words with Paul
Connect with Paul
Website: https://infinitebanking.org/agents/Fugere494
LinkedIn: https://www.linkedin.com/in/paul-fugere-762021b0/
Resources Mentioned
Book: The Case for IBC by R. Nelson Nash Book: Becoming Your Own Banker R. Nelson Nash
Want to learn more about creating multiple streams of income, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly wealth and whiskey virtual meetup. Take the first to your wins in life just head on to www.valkyriegroup.com.
Leave a REVIEW and SHARE this episode with someone who wants to unlock the secrets to success. Listen to other episodes on Apple, Spotify, Libsyn or wherever you get your podcasts!
Key Quotes
“Unlike a lot of things in life, whole life insurance gets more efficient over time. It will be the most efficient on the day you graduate and go to Heaven.” - Paul Fugere
“You gotta be able to sift through the noise. There's a lot of financial noise out there.” - Paul Fugere
What impact are you leaving on the world? What are we leaving behind for our loved ones? In this episode of The Art of Winning Paul Fugere and Ashton Levarek talk about life insurance – Investors and noninvestors and what kind of people this policy works best for, how to know and learn more about life insurance and how to use it.
Paul was born and raised in MA to two working-class parents. He is married to a wonderful woman and we have two great and energetic kids. Paul and his wife are both career Army officers. Paul has always had a passion for personal finance and is blessed now to be a financial professional in the Life Insurance space focusing on Nelson Nash's Infinite Banking Concept. As a family they enjoy their dogs, boating, eating, and traveling.
[00:01 - 11:08] Who is Paul Fugere?
Paul shares his background You're not making a deposit, or not investing; You're paying a life insurance premium What whole life insurance allows you to do The essence of IBC (infinite banking concept) is to build a large pool of capital so that you can become your own banker and finance the needs of life
[12:08 - 30:52] Whole Life Insurance as a Faster Growing Saving Account
Debunking misconceptions about life insurance Life insurance It's not going to work like a mutual fund or an index fund Win back your time and gain control of your finances with life insurance How to access your capital on life insurance Your premium produces cash value Getting a policy loan What happens when you can’t pay back your premium loan
[30:53 - 52:13] Leaving This World Knowing Your Loved Ones are Taken Care of
Understanding the Death Benefit The correlation between cash value and death benefit Setting your generations up for future lifetimes What annual returns you can expect year by year
[52:14 - 01:50:00]Closing Segment
Final words with Paul
Connect with Paul
Website: https://infinitebanking.org/agents/Fugere494
LinkedIn: https://www.linkedin.com/in/paul-fugere-762021b0/
Resources Mentioned
Book: The Case for IBC by R. Nelson Nash Book: Becoming Your Own Banker R. Nelson Nash
Want to learn more about creating multiple streams of income, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly wealth and whiskey virtual meetup. Take the first to your wins in life just head on to www.valkyriegroup.com.
Leave a REVIEW and SHARE this episode with someone who wants to unlock the secrets to success. Listen to other episodes on Apple, Spotify, Libsyn or wherever you get your podcasts!
Key Quotes
“Unlike a lot of things in life, whole life insurance gets more efficient over time. It will be the most efficient on the day you graduate and go to Heaven.” - Paul Fugere
“You gotta be able to sift through the noise. There's a lot of financial noise out there.” - Paul Fugere
1 hr