The Truth About Infinite Banking: Myths, Misconceptions, and Realities

In this episode, Kevin Thompson, CEO of 9i Capital Group, sits down with financial expert Andy Panko, CFP®, RICP®, EA, to unpack the concept of infinite banking. They dive into how whole life insurance policies can serve as a vehicle allowing policyholders to borrow against their cash value.

The conversation highlights:

• The mechanics and "myths" of infinite banking
• Key differences between whole life and universal life insurance
• Associated risks and misconceptions

Together, they stress the importance of understanding these products, seeking professional advice, and debunking the oversimplified “bank on yourself” narrative often used to market this strategy. This episode provides a clear-eyed perspective on the complexities and potential pitfalls of infinite banking.

Infinite Banking ...