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Inflation, Tax Bracket Creep, & Lost Opportunity Cost | Infinite Banking Canada Group
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What makes achieving financial security and independence so hard?
Join host Steve MacLellan as he interviews two Certified Financial Planners about the biggest financial concerns in today's economic environment and the solutions they are recommending for Canadians.
Kathleen van den Berg is a CFP, MBA, and IBC Practitioner. Kathleen specializes in using permanent cash value whole life insurance to create significantly greater wealth in retirement, but also allowing for policies to create an infinite banking resource to be used in a client’s wealth building years for opportunities such as income properties, stock trading, private mortgages, and other opportunities.
Dave Otto is a CFP, CLU, CH.F.C., EPC, IBC Practitioner. Dave specializes in helping high income/net worth people and businesses create more wealth, take back control, reduce risk and fees, recapture hundreds of thousands of dollars of loan interest with protection and guarantees using the secrets of the wealthy.
This video was recorded April 2022.
00:00:00 - Intro
00:00:54 - Inflation, The Hidden Tax
00:08:50 - Tax Bracket Creep
00:10:15 - Lost Opportunity Cost
00:12:40 - The Infinite Banking Solution
00:16:33 - Final Comments
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IBCanada Group is not a company. We are a group of collaborating financial advisors. We are joined together by our knowledge and shared resources that we use to help our clients with tax-efficient strategies to make their money grow.
We are authorized Infinite Banking practitioners and we work to pass our knowledge on to each of our clients to ensure they can attain their financial goals. Each of our advisors are dedicated to making sure you get the best options for wealth creation available, strategizing and working to get the best results possible for every client we work with.
Learn more at https://ibcanadagroup.com/
Disclaimer:
Infinite Banking Canada Group (IBCG) is an association of independent Infinite Banking Concept (IBC) practitioners who have been accredited by the Nelson Nash Institute. IBCG cannot be responsible for the actions of its members. The opinions expressed in this material are not necessarily those of IBCG or the opinion of any one member associated with IBCG. The views, actions, and practices of any one IBCG member does not reflect the views, actions, and practices of any other IBCG member, or IBCG as a whole.
All materials provided by Infinite Banking Canada Group (IBCG), including but not limited to, videos, graphics, text, images, materials, and other tools and resources, are intended for general information purposes only and should not be construed as legal advice, tax advice, or financial advice applicable to your particular situation. Please seek the advice and services of qualified professionals in those areas.
No advisor-client relationship is created unless and until a binding Letter of Engagement has been signed by both you and your licensed insurance advisor. Before taking any action based on this material, consider your personal situation and seek the advice of your team of professionals. Working with an IBC practitioner does not guarantee success or results.
For further information on IBC and how the Infinite Banking Concept works within the Canadian income tax act, please discuss with your accountant or visit https://www.canada.ca/en/revenue-agency.html
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