Valuable Finance Insights from Tier 1 Capital

Learn about financial strategies to enhance business and personal cash flow. Get tips that will help counteract the effects of inflation. Discover unconventional wisdom related to life insurance, infinite banking, wealth building, and much more—here in the Tier 1 Capital blog.

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How do banks operate?- Implementing the infinite banking concept

Have you ever found yourself wondering how banks make money? Do you want to learn how to regain control of your money? In this video we break down the process behind running a bank, and then we break down how you can keep your money flowing! While this process isn’t easy, we are here to guide you through the process. The four rules we have learned to live by are as following. 1. Always think long-term. 2. Don’t be afraid to capitalize. 3. Don’t steal the peas. 4. Don’t deal with bank if you don’t have to.

Make no mistake, although we park our money at banks, they don’t let it sit there.”

 

Are you thinking about implementing the infinite banking concept to regain control of your money? Well, it’s important to know how commercial banks operate and make money so you could duplicate their process using the infinite banking concept. The first thing banks need to do is, file for a charter. Once the charter is approved, then they have to capitalize the bank. But, understand banks don’t lend you their money. The next step is for them to go and solicit deposits. They usually charge higher interest rates than the neighboring banks in the community, but that’s only step one. Then, step two is to identify borrowers. You see, in order for a bank to make money, they need to have depositors and borrowers.

The third step is for the bank to solicit depositors and how do they do that? They generally do that by enticing you, by offering a higher interest rate on savings accounts and CDs to get you to deposit money with them. Most people are depositors and borrowers from the bank and understand banks can’t make money if they only have depositors and they can’t lend money if they only have borrowers, so they need both depositors and borrowers.

The bottom line is, banks make sure that money is always flowing. The same laws apply in nature. Water has to flow or else it stagnates, and you can’t drink it. Water has to flow through the body or else you die. Blood has to flow through the body, or you die. The same laws apply to money. It needs to continuously flow. Just think of all the ways that we make our money stagnate. We put money in retirement accounts, and we don’t touch it for 30 or 40 years. We pay off our house early and we have this huge amount of our wealth tied up in real estate that we really can’t access without getting permission.

Make no mistake, although we park our money at banks, they don’t let it sit there. They follow the same laws as nature, and they keep that money flowing. They keep that money flowing by using a basic business concept called, inventory turnover. Every business owner knows that, the faster they turn over their inventory, the more profits they make. It’s the same thing for a banking model. The only difference is their inventory is depositors’ money. So, let’s take a look at a real-life practical example of how banks make money. In 2016, Bank of America had $860 billion worth of deposits. Based upon that, they paid $1.9 billion to the depositors. Wow, that’s a lot of money to pay the depositor, but it’s nothing compared to what they earned in interest from borrowers. They earned $44.8 billion from things like mortgages, home equity, loans, fees, business and personal loans. That’s over $42 billion more than they paid out in interest to depositors. Bank of America had no skin in the game. They loaned borrowers, depositors’ money. The only risk they had was to pay the depositors $1.9 billion. By keeping money flowing, they were able to generate $44.8 billion in revenue.That’s why it’s important to keep money flowing, and that’s why it’s important to own the banking process.

Now that we know the benefits of owning the banking function in your life, let’s get started and look at the rules. My mentor Nelson Nash had four basic rules. Number one, think long-term. Number two, don’t be afraid to capitalize. Number three, don’t steal the piece. What did he mean by that? Basically, what he meant was if the insurance company is charging you interest, pay yourself more than that amount of interest. Your money is worth more than Bank of America’s or anybody else’s. The fourth rule was, don’t deal with banks if you don’t have to.

Now that we understand how banks operate and the basic rules for the infinite banking concept, let’s take a look at how we help our clients regain control of their money using the infinite banking concept. The first step is to identify where they’re actually giving up control of their money. We look at places like their mortgages, taxes, how they’re funding retirement plans, how they plan on funding college tuition for their children, and how they’re funding major capital purchases. Step two is really easy. They just agree to stop doing those things where they’re giving up control of their money so that they can go to step three. Which is to capitalize their policy, capitalize their bank. This leads them to step four, where they’re actually borrowing against their own cash value and paying interest back to an entity that they own and control so that they can control the process and make the profits.

How to choose an insurance company for the Infinite Banking Concept.

In this video we break down the important things to consider when choosing an insurance company for the infinite banking concept.

1.) Choose the right agent

2.) The process is much more important than the product

3.) Make sure the company you choose is a mutual insurance company

4.) The company should have a proven track record of paying dividends and sharing profits with policy holders

There are hundreds of thousands of insurance agents out there, but only about 200 are licensed IBC practitioners with the Nelson Nash Institute. “

 

Are you thinking about getting an IBC policy but aren’t sure where to begin? The number one criterion when choosing the right insurance company for the infinite banking concept is to choose the right agent. There are hundreds of thousands of insurance agents out there, but only about 200 are licensed IBC practitioners with the Nelson Nash Institute.

As a licensed practitioner, we’re not only trained to set up and structure a policy, but most importantly, to guide you on how to use your policy throughout your life. It’s important to find someone who’s not only knowledgeable but who’s also implementing this in their own financial life. The last thing you want is someone who’s pitching you a policy but doesn’t believe in the concept enough to put their own skin in the game. Ultimately, your success or failure in any given methodology is going to come down to your execution.

The process is much more important than the product. The next criterion is to make sure you’re dealing with a mutual insurance company. Mutual insurance companies were formed for the benefit of the policy holders. All profits that the insurance company makes are funneled back to the policy holder in the form of tax-free dividends. In contrast, a stock owned insurance company funnels their profits back to their shareholders because they’re the owners of the company.

So, a stock owned insurance company is there for the benefit of the owners of the company, the shareholders. It’s similar to a bank. A bank is there for the benefit of the owners of the bank, the shareholders of the bank. You see, if you want to become your own banker, it’s important not only to control the process of the banking, but also to benefit from the profits of the banking, which can only happen with a mutual insurance company.

The next criterion you want to look for when choosing an insurance company? Does it have a proven track record of paying dividends and sharing profits with policy owners? The companies we choose for our clients have been paying dividends for more than 120 consecutive years. That’s World Wars, depressions, recessions, gas crisis’s, you name it. They’ve been through it all.

In conclusion, these are the criteria we use when choosing an insurance company for the infinite banking concept, but again, the most important thing is choosing the right agent for you. You want somebody who’s going to take the time to understand your situation and then set up a plan that will help you to maximize your benefits from the plan according to your situation.

 

Why use whole life insurance for the infinite banking concept?

If someone can get your money, is it really yours? In today’s video we compiled a list of six reasons why you should use whole life insurance for the infinite banking concept.
1. Control
2. Safety
3. Guaranteed growth
4. Collateral opportunities
5. Tax deferred growth
6. Asset protection

Life insurance is actually designed to have more cash tomorrow than it does today. “

 

 

Have you ever wondered why people use whole life insurance for the infinite banking concept? The first reason is, control. Let’s face it, you can’t regain control unless you’re actually in control. Life insurance is a unilateral contract. What does that mean? Well one party, the insurance company, has a binding obligation. They have to guarantee the cash value, the death benefit, and any other benefits. The other party, the policy owner, has very few promises, which is basically to pay the premium. Once the policy is approved and put into effect, the insurance company is working for you. That is control.

Number two is safety, life insurance companies reserve 95 cents of every dollar that’s deposited and in contrast, banks only reserved 2 cents for every dollar that’s deposited. Based on that, where do you think your money is safer? During the great depression, over 9,000 banks in this country failed. In contrast, less than one half of 1% of all life insurance company assets were impaired. That’s a big deal because people who owned life insurance contracts during that time were not only able to access their cash value to weather the storm, but they were also able to access it to take advantage of opportunities that arose during that time.

One of the best examples of this is JC penny, the American retailer. He had over 1400 stores before the great depression and he actually borrowed against his life insurance to keep his business open and weather that storm. This takes us to our third reason. Guaranteed growth. Life insurance is actually designed to have more cash tomorrow than it does today. There’s no chance for market loss because your growth is guaranteed. Your money is allowed to continuously compound. This takes us to our fourth reason. Collateral opportunities. What does that mean? Collateralization is important because it allows you to access your money without interrupting compounding. It’s like your money could be in two places at one time.

Collateralization means that your money is always in your policy and if you want to access it, the insurance company gives you a separate loan and puts a lien against your money, your cash value. When the loan is paid off, the lien is released, and your money is exactly where it would have been had you not borrowed. In essence, your money has been able to achieve continuously uninterrupted compounding.

Number five is, tax deferred growth. Money grows in your policy on a tax deferred basis. Keep in mind that doesn’t mean that it grows tax free, but you can access it on a tax favored basis. The point is you can’t accumulate wealth in a taxable environment. Let me give you an example. If you start off with a dollar and that dollar doubles every year for 20 consecutive years, meaning that you earn 100% interest each and every year for 20 consecutive years, at the end of 20 years, your dollar would’ve grown to $1,048,576 however, you didn’t pay tax on that money. If you had to pay tax in a 25% tax bracket, how much do you think you would be left with after tax?

Well, 25% of 1 million is 250,000 so I think we’d be left with about $750,000.
The reality is you would end up with $72,571, but what happened to the rest of the money? Well, it was never there. Your money was never allowed to double. You were never allowed to earn 100% interest because you had to pay taxes each and every year along the way. That’s why you end up with less money in a taxable environment.

Number six is, asset protection. Life insurance is protected from creditors, predators, and legislators. Life insurance is regulated by the 50 States. Each state has different levels of asset protection. Check with your state to see how much protection you have on your policies, but let’s face it, if somebody can get your money, is it really yours?

Let’s recap the six reasons why we use whole life for infinite banking. Number one, control; two, safety; three, guaranteed growth; four, collateral opportunities; Five, tax deferred growth and six, is asset protection. My mentor, Nelson Nash, author of the bestselling book Becoming Your Own Banker, said it best. Wealth has to reside somewhere. What better place than a whole life insurance policy? A free contract between free people!

What are the benefits of whole life insurance?

What are the benefits of whole life insurance? In this video, we explain whole life insurance benefits and why they are essential in any diversified portfolio. A benefit of whole life insurance is that your money is continuously being compounded. There are three known factors that could interrupt compound interest, using your money, taxes, and market losses. We break these down for you and explain why whole life insurance takes them out of the equation. Another added benefit is that whole life insurance also protects you against inflation. When you own a whole life insurance policy, you’re allowing yourself to take risks in other investments!

“To call whole life insurance an investment is actually demeaning to whole life insurance.”

 

 

Have you ever wondered what the benefits of whole life insurance are? The number one reason why whole life insurance should be a part of your portfolio is because of efficiency. When we’re talking about efficiency, in this case, we’re talking about the fact that your money is continuously compounding in a whole life insurance policy. There are three things that could really interrupt the compounding of interest on your money.

The first, is using your money, then taxes and then market losses. So how does using your money interrupt compounding? Well basically you save and then you use the money to buy a car, or to make a down payment on a house, or to pay for a vacation or to pay for college, and then once you access that money, it’s no longer available for compounding. In contrast, when you take a loan against your life insurance policy, you’re able to continuously compound because you’re taking a loan against the cash value. You’re not taking the money from your life insurance policy.

The second factor that could interrupt compounding on your money are taxes. When you think about it, with traditional savings and investment accounts, you get a 1099 or a dividend statement and with mutual funds you could actually get a 1099 or a capital gain statement in a year when you lost money. Overall, it’s sort of like adding insult to injury and a lot of people don’t even realize how inefficient this really is because they’re paying their taxes from their lifestyle. They’re not taking money from their investments or savings, so they never have an opportunity to see the eroding effect that taxes are having on their investments and savings. The bottom line is, you cannot accumulate wealth in a taxable environment.

The third factor that can interrupt compound interest are, market losses. When you lose money in the market, you take a step backwards and need to restart the compound interest process. Again, with whole life insurance, you have contractual growth, which means that the growth is guaranteed by contract in the policy. On top of that, you have the ability to earn dividends and once dividends are paid, that could never be taken away. In conclusion, whole life insurance is efficient because it takes the three factors that could interrupt compound interest out of the equation.

The next benefit of owning whole life insurance is protection against inflation. Inflation is known as the stealth tax. You experience it but you never actually see it and what better way to protect yourself against the stealth tax than to purchase dollars in the future with pennies today. Use those pennies, the cash value in the life insurance, to purchase additional income producing assets. Life insurance is known as an asset because you’re able to maintain the death benefit, but also access the cash value along the way to purchase other investments and assets. When you get to retirement, you can use those additional assets to supplement your income and finally, you can leverage the death benefit in retirement to generate some additional passive tax-free income. Whole life insurance is a way to truly diversify your portfolio. True diversification is putting money you don’t want to lose in a place that you could never lose.

In conclusion, whole life insurance compliments your other assets. By owning a whole life insurance policy, you’re allowed to take risk in other investments, but understand life insurance is not an investment. To call whole life insurance an investment is actually demeaning to whole life insurance. This is because whole life insurance can do so much more than an investment.

How to navigate the current economic downturn.

 

Were you prepared for an economic downturn? Given the current situation, many people were not financially prepared for the effects of Covid-19. Whether you’ve been laid off or are now working from home, most people are struggling financially. You may have a few options when it comes to accessing some of your invested money. You can take money out of your retirement plan, you could sell your shares in the market, you could get a 401K loan, or you can access some of your home equity. This video will go over all of the implications these options have and what you could do to prepare for future economic downturns.

 

“I’ve been in the financial services business since 1985 and this is actually the fifth market correction that I’ve been through and I’ve learned a few things that have helped my clients to weather the storm.”

 

Today we’re in the midst of the covid-19 pandemic. Because of the pandemic, there are a lot of financial and economic uncertainty in the world and today we’re going to talk about how you could possibly position yourself to take advantage of this financial opportunity and come out better on the other end.

First, we’re going to discuss what you may be experiencing out there in your economic world.If you’re an employee, you may have been laid off or working from home during the pandemic. Either way, these changes cause stress and whether or not you’re still earning income, your bills are still accumulating and if you’re a business owner, your overhead continues. Plus, you have the added stress of knowing that the livelihood of your employees and their families are in your hands. So, at this point, most people, whether you own a business or whether you’re an employee, you’re stressed out trying to think about where you can raise some money to get through this financial crisis,
which brings us to our next point. Where do you have money stored that you could have access to it during this tough financial time?

Let’s face it, most people had money invested in the market and for 11 years that was the place to be and it worked until it didn’t. Well, now the market’s down quite a bit and with your income being reduced, you’re scrambling to get access to capital. Now may not be the best time to be selling your investments in order to pay for your current lifestyle.

Another place you may have access to money is in your retirement plan and for some people this may be your only option. There are a few things to consider if you plan on taking money from your retirement plan. First, if you’re 59 and a half, you’ll have to consider the penalty that will be applied to your distribution. Everyone will have to consider the taxable income from the distribution and most people at this point will have to consider the losses that were hit on their account.

You may not want to be selling at this point, but if that’s the only place you can get access to money, that may be the only option. You also may have options in a 401k, where you can get a 401k loan. But again, there are things you need to consider. Number one, the amount of the loan is limited and number two, the loan has to be repaid usually within a five-year period. In essence what you’re doing is obligating your future income.

This could become a problem, especially if your job is eliminated. Any outstanding loan balance would be taxable fully as income at that point. Also, if you’re under 59 and a half, you’d have to consider the penalty that would be applied. Another place you may have access to your capital is in your home equity, whether you were paying your minimum mortgage payment or paying extra on your mortgage. People have money stored in the equity of their home and they feel that it’s their money. They can get whenever they want, but the reality is the bank will only give you permission if you qualify for being able to repay that loan. The fact of the matter is during these uncertain financial times, the bank may not be readily willing to allow you access to your home equity. I remember a quote from the syndicated radio show host, Paul Harvey, and he said, “it’s times like these that remind us that there have always been times like these.” The point that I got out of it is, the fact that if you were prepared for these times, you wouldn’t have to be scrambling and looking at accessing money from places that may be have restrictions as far as accessing it.

I’ve been in the financial services business since 1985 and this is actually the fifth market correction that I’ve been through and I’ve learned a few things that have helped my clients to weather the storm. First and foremost is the importance of having access to liquid cash when these scary financial times occur. The importance of having liquid cash, cash that isn’t tied to the stock market, or money that isn’t tied to the economy tap, cash that isn’t going to leave you with a tax bill. Cash that you could access at any time with no questions asked.

What we’re talking about is cash value, life insurance. Ladies and gentlemen, this isn’t new. This has been around for over 200 years. In fact, JC penny used cash value life insurance. He literally borrowed against his life insurance policies to weather the storm created by the great depression. He had 1400 stores, that’s 1400 stores full of employees that he was responsible for the well being of them and their family. He borrowed against his life insurance to weather the storm. Our point is that if you’re properly positioned, you can utilize and access the cash in your life insurance policy to help you weather Covid-19 and actually take advantage of the opportunities that are going to be created by this pandemic and created by this financial uncertainty.

Keep in mind, life insurance companies are specifically designed for times like these. They’re the most well capitalized businesses in the world. They’ve been through this before. They have a 200-year track record. They know what they’re doing during these scary financial times.

If you have a cash value life insurance and aren’t sure how to use it, please give us a call. We’d be happy to be of service. If you need help designing a policy to help you get through the next financial crisis, give us a call. We could help you design one that helps meet your needs.

Why Are We So Passionate About Helping Our Clients?

What makes us so passionate about helping our clients become financially independent?

 

With over 35 years of experience in the financial services industry, we have seen how following conventional wisdom can lead you astray. What makes us so passionate about helping our clients become financially independent? Growing up in a family that lived paycheck to paycheck really changed Tim’s perspective on life. After following some great advice from Don Blanton and Nelson Nash, Tim realized, maintaining the efficiency of your money and maintaining the liquidity use and control of your money, will let you have financial freedom. It is our goal now to help as many people as we can, become financially independent.

 

“It’s become our mission to help our clients become financially independent by using these concepts so that they could release the financial stress and pressure and maintain or attain financial engines”

 

 

At tier one capital, our mission is to help our clients become financially free. We believe that you should be in control of your money, not the banks, not the financial institutions, and certainly not the government. Today we’re going to tell you a little bit about why we’re so passionate about helping our clients to become financially independent and why liquidity use, and control of your money is the key to becoming financially independent.

 

A lot of times when we meet with clients, they say, this is so simple and so different, how did you guys come up with this process? Let me tell you a little bit about my journey over the past 35 years in the financial services industry and in order to do so, I want to take you back to my childhood. Growing up in Wyoming, Pennsylvania in a blue-collar family, my dad worked in the coal mines and Thursday night was pay day. On Thursday nights my mom would get my dad’s pay, go to the grocery store and cash the check to pay bills for the next day. Sometimes, however, my dad would come home on a Thursday night and he didn’t have his pay.

 

So now let’s fast forward to the Christmas of 1993, sitting around my parents kitchen table with my family, reminiscing about the good old days. It certainly came up about the few times where my dad would come home without his pay. It was those times when my mom would load my brother, sister, and I into the car and sit in front of my dad’s boss’s house waiting for him to come home, to get my dad’s pay. Now, as a kid, I had no idea why we were there. I asked my mom, what were we doing there? She said, waiting for dad’s pay. I asked, why didn’t you just wait until the next day? She replied, we lived pay to pay, we needed that money to pay bills. It was at that point that I realized that I was living pay to pay, despite the fact that I was making 10 times what my dad had ever made, despite the fact that I had no dependence. I had a 15-year mortgage, and I was maxing out my 401k. 

 

Yes, embarrassingly, I had credit cards and there were even times when I had to go to my dad and borrow money to pay my mortgage. Why? Because I didn’t have any access to money. It was at that point that I realized that I was living pay to pay, despite the fact that I was making good money and I was following conventional wisdom by the book. I knew at that point that things had to change. It became, from that point forward, my mission to find ways to help people to become financially independent. I was able to figure some things out on own and then in 1995, I was introduced to a guy by the name of Don Blanton, who developed a whole financial planning system around making your money more efficient. 

 

With this system, we’re able to identify where our clients are giving up control of their money, unknowingly and unnecessarily. We look at the five areas of wealth transfer; taxes, mortgages, how you fund your retirement plan, how you fund college tuition for your children and how you make major capital purchases. It was Don’s system that proved that the process of how you use your money is way more important than where your money is. Then in July of 1997, I met a gentleman by the name of Nelson Nash. Nelson taught me that the importance of having access to capital when opportunities come about. Being in a position to take advantage of opportunities only comes to those people who have access to their money. Nelson taught me the importance of being in control of the financing function in your life. 

 

Think about conventional wisdom. It tells us to max out our 401k’s and put extra on our mortgage. But by doing those things, it only makes you look financially free on paper. You don’t actually have access to that capital. When opportunities or emergencies arise, our clients come to us, they look good on paper, they’re making great income, but they’re financially stuck because they don’t have access to capital when they need it most. 

 

It’s in the combination of maximizing the efficiency of your money and maintaining the liquidity use, and control of your money so you have control of your cashflow. You have access when you really need it. Then financial freedom can emerge. It’s become our mission to help our clients become financially independent by using these concepts so that they could release the financial stress and pressure and maintain or attain financial engines.

 

Middle Class Family

Meet George and Beth: A Middle Class Family With No Way to Pay for Their Children’s College

Meet George and Beth: A Middle Class Family With No Way to Pay for Their Children’s College

George and Beth purchased a lovely home in a safe and quiet neighborhood shortly after they wed.  As a two family income, both worked 9 to 5 jobs and made a decent living.  This afforded them the opportunity to live within their means and save to start a family.  Their bills were covered, they were able to pay down their debts, and they were even able to put away money for retirement.

After having their first child, the two remained steadfast in saving for retirement as well as beefing up their rainy day fund.   Once their second child was born the family still continued to put away savings and afford their lifestyle without compromise.

They dreamed of a cabin in the mountains after retirement.  A nice quiet place to relax after working hard for their whole lives.  Beth longed to sit in front of a big window to read with a warm cup of tea, while George was hoping for a lot of acreage and big porch to enjoy it from.  They were on track with their retirement savings to be able to start building their cabin – after their kids were grown up and moved away, in about 15 years.

 

By conventional standards, George and Beth were living the dream and doing everything right financially.

As they approached their late 30’s, the couple began to see that even though their salaries were continuing to increase, it wasn’t keeping up with the increasing costs of their family. Sitting at the dinner table, bills and statements scattered about, the two faced a big dilemma.  Their current financial situation wasn’t as bright as they had hoped.

With their first born turning 11, they had begun to think about the cost of a college education.  Luckily, the couple started to look at a way to save for their kid’s education before it was too late – but even with 7 years to put money away, at their current level of income, it wasn’t possible to save enough cash to cover the classes for their first child, let alone a degree for the second.

Tapping her fingers on a calculator, Beth hung her head.  “Even if we stop saving for our retirement, there won’t be enough to cover the college tuition for the kids,” she said.  George felt sadness seep into his strong and stoic expression.  He felt like he couldn’t provide for his family, even though he had a college education and a good paying job.  The two held each other’s hands, unsure where to go from there.

 

The following day, Beth began to find other ways to get out of debt and save for retirement.

After searching all day, Beth scheduled a few consult appointments with “experts” at how to get out of the situation her family was in.  The first 3 appointments didn’t prove to be worth the time or effort, but the fourth appointment left Beth and George much more hopeful than that night at the kitchen table.

As they sat in the office at Tier 1 Capital, the man behind the desk said, “If you could send your children to college, save for retirement, and begin building your retirement home several years sooner, would you do it?”  “Absolutely?” replied George, preparing for another plan that was obviously too good to be true.  “Good. Let’s get a plan together,” said the man.

 

 

The plan was about redirecting money the couple was losing unknowingly and unnecessarily into a cash pool they could access when they needed it.

After an evaluation the couple found they were giving money away in various places, including with interest on their debt.  They also were surprised to learn that they didn’t have to pay banks for the privilege of using their money and that taking control of their money could increase their cash flow and easily accomplish all of their goals.

 

Elated and a bit skeptical, the couple agreed to create and implement a plan that would:

  1. Enable them to pay for both kid’s college educations
  2. Continue to live at the lifestyle they were accustomed to
  3. Have enough saved for retirement so that they may live comfortably
  4. Build a cabin in the woods for their retirement NOW

 

The plan they enacted worked by redirecting their cash flow and gave them access to money they were willfully making inaccessible.  Traditional tactics keep money inaccessible in times when it’s needed – even when it’s your money.  Beth and George felt privileged to finally learn there was a better way.  A way that would keep their money at their fingertips for when they really needed it, without extra taxes and penalties.

Using a cash pool created with their own money, Beth and George were able accelerate the payments on their mortgage, while saving for retirement and having the comfort of knowing that college tuition also wouldn’t be a problem for them to afford.   As they used their funds to build up their cash pool and aggressively pay down their debts, the two did not sacrifice saving for retirement.  In fact, it was just the opposite.

2 years after implementing their plan, the couple began construction on their cabin in the woods.  Something they thought they wouldn’t have been able to afford for another 15 years.  A few years after the cabin was built, their first son went off to college.  When the $60,000 per year tuition bill arrived, George and Beth cut the check without a worry about dipping into savings or retirement.  Later, they overheard their friends, who had always had higher paying jobs than them, lament over taking away from their retirement accounts to pay for their kid’s college education.

 

Today – Beth and George are pleased they found a better way to handle their long term finances.

As George sits on the front porch of their cabin discussing college choices with their second child, he smiles and says, “Cost isn’t a concern, choose which education you feel like will best serve you.”  He looks down at the boards that his father helped him nail there under their feet and was filled with gratitude.  His father, who recently passed, was able to help him build this cabin because he was able to afford to build it sooner – and finally he could provide for his family without question.

Tier 1 Capital knows there is another way to save for retirement – a system that pays you.

Using plans designed for heavy cash accumulation, Tier 1 will help you find where you are giving your cash away and teach you how to keep that cash at the tips of your fingers.

Our method creates a “pool of cash” that can be used to finance a home purchase, a business venture or a lifestyle through retirement. Using permanent life insurance, that pays dividends, you’ll be able to capitalize on privatized infinite banking. Using available savings and cash flow to build your own private bank can help you recover the funds you’ve “lost” paying interest to financial institutions.

It isn’t good to be true. It’s an effective solution to retirement savings and debt accumulation.

Tier 1 was founded out of the frustration we all experience with trying to get ahead.  Our founder spent nearly a decade in financial services doing things the conventional way.  Paying down his debts and maxing out his 401K every year didn’t get him anywhere when he needed the funds to buy his first home.

Furious with the system, he began to find additional ways to secure his financial future.  Since 1993, he’s used this method to help small business owners and families save for retirement while simultaneously having access to those assets to purchase a home, a car or send their kid to college.