E159: Is a Modified Endowment Contract Best for Your Infinite Banking Goals?

Dollars and Nonsense

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2y ago 28:34

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In this episode, we answer the question, does it ever make sense to own a modified endowment contract, otherwise known as a MEC? We will also dive into what exactly is a MEC, what are the pros and cons of owning a MEC, and under which situations is a MEC desirable.

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Topics discussed in this episode:

What exactly is MEC?
Become your own banker through a specific type of life insurance policy
How MEC applies to Infinite Banking
When a MEC must be created to do its job for you
Pros and Cons of Owning MEC

Episode Resources:

Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/

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