Are you ready to stop paying a fortune in interest?
Debt Free Life®
For anybody looking to get out of debt, who is currently paying above the minimum payments (or capable of paying above the minimum payments) this is structured plan that allows you to
- Use your money twice to get out of debt faster
- Set up an insurance policy that more than pays for itself
- Borrow against yourself, to becom
Get Rid of Debt
How it Works
By using a life insurance policy as collateral, Debt Free Life allows you to grow a savings account (generally without tax implications) and use that savings account twice - once to earn interest on, and once to pay off your bills.
Mortgage, cars, student loans - this program gets you out of debt faster, and puts you on the path to wealth.
Once your debts are paid off, you can use the policy funds for large purchases, retirement, education expenses, or do what I'd do, and buy a boat.
What it's NOT
- A debt consolidation loan that can put you further in debt
- An overnight fix - it takes a while to pay that money back, but this sure speeds it up a lot!
- A lockup of your money - it's an optimized savings account that you can access at any time for any reason
- A bunch of hubbub to sell life insurance. The insurance just let's you take advantage of loopholes like the 1% has for decades.
Debt Free Life® Details
Ditching Debt and Building Savings with Debt Free Life®
Imagine being able to wipe out your debt and supercharge your retirement savings without having to spend an extra dime each month. Sounds pretty good, right? That's exactly what the Debt-Free Life program aims to help you do, all by smartly using the built-in cash value of your life insurance policy. It's a surprisingly simple way to get rid of debt without adding more to your monthly budget.
So, What's the Deal with Debt Free Life®
Think of Debt-Free Life as a special kind of life insurance policy. Instead of going to a bank for another loan, you actually tap into the money growing within your own policy to pay off your debts, one by one. Many folks find they're completely debt-free in about nine years or even less!
How Does It Actually Work?
The cool thing about the Debt-Free Life program is that it's totally tailored to you – your specific debts and your budget. You'll team up with a certified Debt-Free Life consultant who'll help you pull all your financial info together. Then, they'll whip up a personalized plan showing exactly when each of your debts will be gone. Plus, you'll see a clear picture of how much money you'll have socked away for retirement by the time you're debt-free. You'll even get to see the huge chunk of change you'll save over the years by not pouring money into interest payments!
What's the Catch? How Much Does It Cost?
Here's one of the best parts: you won't be dishing out any extra cash each month. Debt-Free Life is basically a permanent life insurance policy. So, you'll go through the usual process of qualifying for coverage and making your regular premium payments to keep the policy active. Since you're simply using the cash value that's already part of your life insurance, you're not actually spending additional money to tackle your debts. Pretty neat, huh?
Ready to Get Started?
First things first, you'll want to set up a chat with me, a Debt-Free Life certified consultant. I'll get to know your situation and help you list all the debts you're eager to pay off. You'll also discover how your permanent life insurance policy and its growing cash value can help you retire with tax-friendly income.
After that, I'll send a report to you that clearly maps out when each debt will be paid off, so you can see firsthand how Debt-Free Life will work its magic for you. And all the while, you'll have the peace of mind knowing your loved ones are protected with permanent life insurance coverage.
Tell Me More About the Life Insurance Bit
The Debt-Free Life program uses the cash value that builds up in a permanent life insurance policy. Unlike temporary insurance, permanent life insurance sticks with you for your whole life, offering a death benefit to whoever you choose as your beneficiary when you pass away. Good news for most people: you usually won't even need to go through a medical exam to qualify.
For this program, the cost of the life insurance is far out shadowed by the cash growth over time.
Detail your serReal People, Real Results with Quility Clientsvices
I've seen so many clients start to conquer their debts, boost their retirement savings, and build real wealth.
Take the Mitchell family, for example. They were looking at 29 long years of debt. With Debt-Free Life, they'll be free in under 3 years and paid off a whopping $70,640 in student loans!
The Hamm family was facing 27.5 years of debt, but with Debt-Free Life, they'll be clear in just over 5.5 years. Plus, they're on track to accumulate over $2.5 million in retirement savings and paid off $44,500 in credit card debt and $48,840 in car loans. Talk about a win!
And then there's the Masterson family. They went from a 28-year debt sentence to being on track to eliminate everything with Debt-Free Life in just 5.7 years. They'll have built up over $600,000 in retirement wealth and saved $76,100 that would have just gone to interest. Amazing!
How Fast Can You Become Debt Free?
On average, Debt-Free Life can help you hit financial freedom in nine years or less, all while growing your retirement savings. You'll also snag a permanent life insurance policy that gives your loved ones financial security down the road. It's truly a modern approach to crushing debt, saving tons on interest, and gaining that sweet peace of mind that life insurance provides.
Note - if you don't have a mortgage, that 9 years decreases substantially. If you do have a mortgage, say goodbye to 30 more years of payments!