Financial Independence in the 21st Century - Life Insurance * Utilize the Infinite Banking Concept * Complement Your 401K - Retirement Planning With ... Peace by Dwayne Burnell (2012-06-01)

This is one of two books I give out to people when they are considering the Infinite Banking system (the other being "Confessions of a CPA: The Truth About Life Insurance"). This has big, easy to read charts that give clear insight into what we've all been taught about finances. While the 401K has advantages, it's enlightening to see that other side: that all that money is at risk. Before I read this, I figured that if the market goes down 10% and up 12% I'm 2% in the black. But here I was finally made to do the math and realize that when capital is lost, you've got to have an ever larger increase to make up for it. I think the Infinite Banking model is something that should be a part of everyone's portfolio and this book is one of the best I've read to show why (and I've read a lot books on this). I highly recommend it to you.

This has been one of the best books to explain the infinite banking process, that is counter-intuitive to what we have been taught to believe. If you truly want to learn about a system that will help you understand the financial world and make better choices, then this is the book to read.

This was a wonderful book to not only help introduce but breakdown finance and investment. The context is easy to read and has quite a few images and graphs to supplement the reading and/or clarify many concepts that most people are lead to believe are complex and more likely under-rated. I highly recommend this book for all levels looking to further knowledge of IBC.

I've read several books on the High Cash Value Whole Life Insurance & Bank On Yourself concepts. This is, by far, the most complete, easy to understand, introduction to the concept. If only I learned of this 20 years ago. But, it's not too late to take advantage of the approach from this day forward. I have ordered several copies of this book and sent them along to friends and family members so that they too can learn that permanent participating whole life insurance is not the demon we were all taught that it is. There is a way to set it up to offer a myriad of benefits and truly limiting any downside. To "save" in retirement accounts invested in the market is not saving ... it is gambling. A high cash value participating life insurance policy on the other hand is an incredibly powerful savings vehicle, allowing you to reduce your own dependence on banks and loans over time by growing your money risk free and giving you access to your own money on your terms, when you need it. I can't recommend this highly enough. I only hope that this review has helped even one person decide to at least check out the concept and hopefully, act on it. It will improve your financial future immensely.

I have read 10+ books on the infinite banking-bank on yourself concept of using cash value whole life insurance as an option to diversify your investments and secure your financial future. This book is by far the most comprehensive, clear, and concise explanation of the financial concept of any I have read. It also clearly describes some of the misconceptions and shortfalls of todays more accepted investment philosophy. I think those readers who read this book will learn to think outside the box and get a clearer understanding of steps that can be taken to secure their financial future.

I had already read Nelson Nash's book - so wasn't too much new but better examples of how it worked - and a bit more detail on commissions made. Stressed the need to be sure your insurance agent is familiar with the product - not just any ol' whole life policy will work to be able to borrow on cash available.Very easy to understand from author's point of view - and explained thoroughly.

An absolute must read for those who are considering any type of investing whether it be 401k, mutual funds, stocks, bonds, options, real estate, etc. This strategy, although not well known, can not only replace other types of investing but complement and boost what you may be already planning to do. Dwayne, does an excellent job with case studies and examples to illustrate why we all need to understand how utilizing life insurance for banking and investing can help us reach our financial goals, not to simply use as a death benefit. Again, A MUST READ!

Anyone looking to buy life insurance must read this book. It demonstrates how your whole life policy can be structured to make it operate like a bank. Once you have accumulated a nominal cash value, you can use the insurance policy just like a bank. The only thing you will ever need a bank for is to have the convenience of a checking account and the use of credit and debit cards be advisedthat very few agents will sell the policy structured properly. The proper structure substantially reduces the agent's commissions. The policy's tax free status makes it even more desirable.Dick StanleyRegistered Investment Advisor

This is the best book on the Infinite Banking Concept. It follows the 7 Principals of the Prosperity Economics Movement, started by Kim Butler in the US. Contrary to some other reviews, this concept works just as well (and in some cases) better for Canadians. I loved all the case studies in the book for various ages. Dwayne, shows how you can implement the 'Becoming Your Own Banker' concept in your own life very clearly and explains how a properly structured investment grade whole life policy can easily outperform the stock market, while providing a tremendous legacy to your family for generations to come.

Many important basic financial concepts are discussed with great details with the use of easy to understand examples.