Is it more efficient to finance your purchases with cash? Thanks to the Borrowing Strategy calculator, we can find out exactly how to optimize your financing strategies. First, let’s look out over 30 years. There are no present value dollars, and we’ll contribute $10,000 a year. What we see over
“Success is where preparation and opportunity meet.”– Bobby Unser, Indianapolis 500 Champion
Important Note – The “Extra Payment Lost or Found” does not add to (or subtract from) any of the calculations. It is just a way to see the difference in net payment at a rate between whatever is in the “Market Loan Rate” input and either: the net earnings rate
Those advisors that are “whole-life friendly” know the many advantages of a whole life insurance policy to its policyholders and the options that are available with a little creativity and a prosperity mindset. One of the primary advantages of a policy is the ability to borrow against the policy’s cash
New Truth Concepts Client Presentations! We’ve been busy loading up our Truth Concepts YouTube channel with videos for you! Now there are 15 videos featuring Todd Langford and/or Truth Concepts software. The YouTube channel houses our Truth Concepts, Truth Concepts, and Summit videos, as well as several presentation videos and
So let’s look at something a little different here, and let’s go to the borrowing strategy, here if we take the borrowing strategy and let’s look out over 30 years, no present value dollars, let’s put in 10,000 dollar a year. Okay, so what we see over this time is
On the Borrowing Calculator, just left of the first loan, there is a blank white space where you can place your mouse and it will switch to a hand. If you click on this, you’ll see the IRR on the entire deal you are looking at on that calculator.
The descriptions of the 4 “loan/withdrawal” source drop downs are as follows: ACT CASH: removing money from the account via withdrawl ACT LOAN: borrowing against the account itself ALT LOAN: borrowing against another asset outside of the account MKT LOAN: borrowing from the market place, home equity, car dealership etc
This Todd Langford going over the Truth Concepts calculator called the borrowing strategy. What we are going to be showing today is the power of having the client pay themselves, just like they would the bank. We’ll use a car loan as an example that is borrowed against the
The Truth Concepts Borrowing Strategy Calculator illustrates the principles of banking with varying interest rates strategies and money sources. Here’s a tip for that calculator: Toggle off or on the “Future Account Value with NO Loans” by clicking on it. Top middle also has an ROR feature that is OFF