VikingFinancialGroup

The waterfall method, made Popular by the rockefellers. Simply put, it is using a trust to own all of the death benefits and possibly all of the policies. You contribute monthly or annually to your cash value life insurance policy. - Depending on how much of your money you want to go to death benefit and how much you want to go to cash value, that will dictate how fast your cash value grows. In the meantime, as your cash value grows, you have access to about 90% of your cash value for emergencies or purchases you deem necessary for growing the family tree and net worth of that family. - Whenever the family members get old enough, they can use these policies for retirement if the trust dictates that they can. When they pass away, the cash value goes into the family bank account to start new policies on the next generation. I've had a lot of clients that hear about this, and they want to get in on it. - The problem is that most agents don't know how or can not set up trusts, or they will set up policies for pure death benefit when the client wanted cash value. With Viking Financial Group, we are a full planning firm and can create this system for you and your family with relative ease. - And since we are a full planning firm, we can also advise on your investment accounts, real estate, businesses, retirement accounts, education planning, exit planning, tax planning, CPA work, literally everything. So, with that being said, if you want this set up correctly and you will actually check your messages whenever I send you a dm. Comment "WATERFALL" - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

There are basically three types of ANNUITIES, and in this video, I go over what they are and what they are not. - Single, premium, immediate annuities are great for settlements like a car wreck or something where you get $1 million, and they want to make sure you don’t go spend it all. They will put it into a single premium immediate annuity. That way, you can never run out of money. Some old people that don’t have family use a single premium immediate annuity to get as much income as possible that’s guaranteed, and they don’t care about leaving a death benefit behind. - Multi year guaranteed annuities are great tools to get a guaranteed retirement income or just a beat a certificate deposit or CD. These average anywhere from 5 to 7% with a 3 to 7 year contract. Depending on how long you want to be in that account. - And then the last but my favorite or index ANNUITIES, the problem with index annuities are that online agents and advisors are pushing them as the end I’ll be all. You can average 10 to 15% in these accounts risk-free. If that was the case then no one would be in the market averaging 9.4% over the last 30 years but instead they would be in index annuities where there’s absolutely no chances of loss and there are no charges with these accounts. - A lot of these so-called gurus online are showing 10% average rate of returns with massive bonuses. A bonus is where you roll over let’s say, $1 million from an old 401(k), and they immediately give you a 25% bump, so year two, you have 1.25 million. You tell me if you think that’s too good to be true, the reason why it is, insurance companies aren’t stupid they are the number one place in the United States for risk mitigation and they know how much a policy or account should return over a lifetime. So if they know they are going to credit you 7% on average for the rest of your life and they give you a 25% bonus later on down the road, they are going to subsidize that business. Does this help?? If any of these accounts you are interested in, just comment MYGA SPIA or FIA - If you are tired of the search, want a new advisor, or just need a particular service. Dm me

DANGER Will Robinson - 10 random Financial facts - 1. Variable fixed and indexed 2. Banks aren't for investments 3. 401k fee 2.22% 4. 401k fee erodes ⅔ of your wealth 5. $161k limit for ROTH IRA 6. 93% small biz overpay taxes 7. 179 deduction isn't a strategy 8. HNW lower taxes by 90% 9. Lowest taxes since 1931 10. The average retiree runs out of money by year eleven. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

Read the on screen text. - Why use insurance companies for a portion of your investments. Because in the sp500 you could have made 9% over 30 years with all the risk or 7% with none of the risk. - I'll take the stress less way - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

90 seconds isn't long enough but.. Savings for kids. I get this alot alot. There isn't a one size fits all best account. There is a "What's your financial situation" and "which account best suits your trajectory" - For me, I want my kids to own a business but give them the ability to go to college. - 529 is only for school savings unless you have 35k or less. You can roll to a ROTH IRA skipping all taxation upon the age of 60 unless the 59.5 rule is changed. - Custodial ROTH IRA is a way to put your money in a post tax, but a tax-free growth vehicle and is subject to penalties if taken before 60. - IUL (indexed universal life insurance) is a way to use post tax dollars to grow mirroring the sp500 and gives you pre 59.5 access to those dollars. This account provides life insurance and massive retirement income. MUST BE SET UP BY A SPECIALIST!!! - Children's Brokerage is one I skipped, but because it's simple. Open a brokerage account or investment account for the children and add to it as you please. When Distributions are taken, they will be taxed at long-term capital gains or 20%. Thus, you save 100k, you take all of it, and you net 80k. - Any choice that is made shouldn't be taken lightly and make sure it fits your goals for your kids. One step further is to have a trust own the account so spouses or future issues don't cause the account to be drained or litigated. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

☆☆☆☆I can't repeat this enough. - You CANNOT use just anyone to set up CASH VALUE LIFE INSURANCE!! - Not only do some people set these up wrong on purpose, but even more alarming is that 90%+ of people who write these have ZERO clue on what they are doing. They just know what their MLM boss told them to. - Have a policy and want to make sure it's RIGHT!? Comment REVIEW - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

There's nothing wrong with slow and predictable, as long as it's predictable. - If you notice that the end, I said that you are taking income, but your balance stays roughly the same. That is how money managers are supposed to manage your money, but most of the time, it does not work. Money managers, on average, lose your money in about 11 years. It's because they earn, on average, about 5%, they pay you for and they take 2% to manage it. - So that is a negative arbitrage. Then you take the big swings in the market like a negative 25% or a negative 39%, and you drastically reduce the ability to take steady, predictable income throughout your life. - If you are interested in a fixed indexed annuity and have an old, make sure it's an old retirement account or a Roth IRA or personal IRA. Then comment FIA. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

If you look at it as another bill, then you are looking at it wrong. - It's not about you it's about what it does. You may see it as a liability, but if you were to pass away what happens to your family. Where does your wife go when she needs money. - What happens to your kids when they can't continue sports or education because your spouse passed away and that income is not easily replaced. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

Not all planners are the same. - We have had clients bring on their old money manager to refute us, and the results weren't so great for the old planner. - We are defensive strategists. We do not just throw everything into an index and hope it works. To be defensive is to be diversified and have multiple streams of income that are tax advantaged so you have the MOST income as possible when you retire. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. DM me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

It does not matter what type of insurance it is. Insurance does not grow at an astronomical rate. If it did, Warren Buffett and everyone else would own it. If you could get a 40% rate of return and something that has absolutely zero risk, then why on Earth would any of the billionaires be in anything else. - They could double their net worth every two years. Elon Musk could be a trillionaire in four or five years. Now parts of this are true you can rack up debt when you die, and the death benefit will pay the debt. But most of the time, that does not make sense because if you are becoming your own bank, you want to recycle the money so you borrow from yourself. - You pay it back, and it replenishes your account. There's so many things on the internet that just absolutely disgust me. - I normally don't ask people to do things but I would ask that you would share this with anyone that you know that knows of cash value life insurance or infinite banking or is even remotely interested in something like this so they can understand that these agents are just trying to come up with Buzz phrases and gray areas to make sales so they can go buy a nice car to impress people or wear those fancy shoes that cost $2,000 or just look like they are part of the 1%. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

Cash value life insurance is not the only thing you should use when playing catch-up. - But if done, right, it can be the best part of your catch-up plan. - Depending on the clientele and the access they have to certain retirement accounts, they may want to utilize a 401(k) match, cash, life, insurance, or Roth IRA. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

There is a time and a place for the 401k. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

This is just 1 of 100 examples of incorrectly written policies - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below "FORWARD" 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

... the industry seems scary like there are a million suits and ties with huge brains. The problem is that more than half of "financial professionals" are newbies with absolutely no knowledge. - They purchase a license in an MLM, market to their entire contact list, and then are pushed to recruit everyone. - In most cases, more than 90% of them quit and do something else after a year. SO bad business is written over and over again. Then churn and burn.... - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

Tax season is upon us - Whether you get back $9k every year or owe $100k - This is how it works - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

An Indexed annuity isn't the silver bullet some say it is. - BUT - It is exactly what it is. An account that gives you market like return with 0 fees and downside risk. - What's the catch? You have to keep the account for the contract period of 7 10 or 14 years - If this interests you, send me a DM or comment FIA to see IF this makes sense for you. -If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #smallbusinesstax #financialscams #iulscam #entrepreneurship101 #allinclusivefinance #spectrumpg #retirementplanningsolutions

It's 2024, and I'll take no more - I see dozens of clients a month who have been shafted by insurance agents passing themselves off as financial advisors/wealth advisors, etc. - AND THEY DONT EVEN KNOW IT - If there were financial advisors doing the same, I'd call them out too - I want to do a weekly or biweekly live call or webinar to show everyone how we can see wrong from right. - How a human being can lie to another's face. Knowing it's just for money and still be able to sleep at night. - Too many of you reading this do not want to schedule a meeting, whether it's anxiety or you are afraid of being shafted a second time. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #smallbusinesstax #financialscams #iulscam #entrepreneurship101 #allinclusivefinance #spectrumpg #retirementplanningsolutions

Understand that no matter the circumstances... you are the one that can get you out of it or keep you in it. - Reading, projecting, thinking about your future, you are headed down and the future you want. That helps you understand what you need to reverse engineer to get what you want. - @killrobbailey posted a story yesterday saying, "What's holding you back?" - I know 90% of those probably said family, bills, kids, fear, etc... Once you get past that hump and realize they are just words and you allow them to control you. You'll answer that question like i did. "What's holding you back?"" RE: Everyone else. I'm moving at 100mph, and everyone else is in the pit stop.... If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #smallbusinesstax #financialscams #iulscam #entrepreneurship101#spectrumpg #financefortradespeople #iul #retirementplanningsolutions

Project your social security for yourself. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

This is a lot more production value than I ever give 🤣. But 99% of this is true!! - Have reasonable expectations. This is a long-term strategy that AINT free! - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

Now, every life agent on social media more and more is leaning on deceptive practices to gain business. Life insurance isn't a get rich quick scheme or some super growth account. It's just steady tax-free compounding. - The tax-free growth turns into a tax-free income that, if taken correctly, will never run out and bless your family with a death benefit. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

Do you know cash value life insurance IS a SCAM? - Because trashy humans are AGENTS that are driven to make high commissions by setting up crappy policies. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

A fixed indexed annuity is a contract that will protect your balance while giving you upside potential in the stock market and protecting you from loss, with a 0% floor. if you are tired of losing money to the market and you don't really care about home run hits and you just want to see steady growth and are tired of getting charged for someone to lose your money. - The fixed index annuity may be for you. If you have an old account and you would like to see if the fixed indexed annuity is for you, just comment FIA. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax

Buckle up, this roller coaster has loops. - If you are tired of the search, want a new advisor, or just need a particular service. Do 1 of these 3 things. - 1. Comment below with your question 2. Dm me your need or want 3. Book a FREE appointment in my bio - #planning #money #wholelife #infinitebanking #stocks #crypto #retirement #iul #tax