Episode 75: What is a Bank On Yourself ® Professional? With Mark Willis, CFP ®

Mark is a CERTIFIED FINANCIAL PLANNER™, a three-time #1 Best Selling Author and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in real estate, paying for college without going broke, and creating an income in retirement you will not outlive. Mark works with people who want to grow their wealth in ways that are safe and predictable, to become their own source of financing, and create tax-free income in retirement.

This episode talks about:

• The importance of working with a certified Bank On Yourself ® Professional.
• What is a Bank On Yourself ® Professional?
• What does it take to become a Bank On Yourself ® Professional?
• What makes a dividend paying whole life policy “properly structured”?
• Cash value whole life insurance vs. indexed universal life Insurance?
• What are the disadvantages of Indexed universal life insurance?
• What is annual renewable term (ART) insurance and how does this impact the growth of your cash value?
• The benefits of a dividend-paying whole life insurance policy structured the Bank On Yourself ® way.
• Borrowing against your cash value and why this helps you retain your wealth
• What is Arbitrage?
• Learn to grow the same money in multiple places

To connect with Mark Willis and learn more about becoming a Bank On Yourself Professionals, please visit:

👉Website:➡️https://lakegrowth.com/

👉Linkedin: ➡️https://www.linkedin.com/in/marklakegrowth

👉Facebook: ➡️https://www.facebook.com/lakegrowth

👉Twitter: ➡️https://twitter.com/LakeGrowth

👉Instagram: ➡️https://www.instagram.com/notyouraveragefinancia/

👉YouTube:➡️https://www.youtube.com/channel/UCw-DvhKT2EaPFdncLy39LIQ

👉Not Your Average Financial Podcast: ➡️https://nyafinancialpodcast.com/

👉Book: 📚 Amazon: Mark Willis Book

👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com

👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins

📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com

🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.