Whole Life Insurance

[Zackary Thomas]

I am currently 20 years old and have been doing a lot of research in regard to Whole Life insurance with the main idea of using it as a savings vehicle and having access to the cash value I can use as a future down payment or whatever I see fit. The 4-5% interest, tax benefits, and having access to that money make it seem like a great investment as I pursue real estate and build wealth. Do you use whole life insurance? Why or why not? Any feedback is greatly appreciated! Thanks! 

[Melissa Nash]

I personally have a whole life insurance policy and it took me several years to understand all the benefits and working with different companies that set it up for investors. I think it is amazing value and I have used it to buy real estate. I started the policy OVERFUNDING and then turned that $40k initial investment into a real estate portfolio worth over $5mil. So, yes I see all the benefits and I don't even take advantage of it all. I highly recommend working with someone like Gary Pinkerton that knows how to overfund it for real estate.