Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Too Late To Start IBC? Never!

27 Jun 2025 · 1 min

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0:32

A YouTube video (transcript excerpt) addressing whether it’s too late to start using Infinite Banking Concept (IBC). The speaker argues that with certain life insurance policies you can both accumulate value and borrow against that value, allowing money to ‘keep going’ without being lost as with stocks, and encourages starting regardless of age.

Chapters

What would you say to someone half your age who thinks it's too late to start? The idea of saving money, it's a concept, it's a vehicle that you use to put your wealth in or put your money in. Here you have an opportunity where you don't really lose your money, it just keeps going. And so you borrow against what you have in there. Unlike stocks, where you buy stocks, you buy part of a company, you hope that you get a profit. Here you're buying part of a company because that's basically what you're doing with the insurance. Here. You borrow money against it, you're profiting, there's a profit, profit all around.