The Prosperity Blog

Help Us Bust the Life Insurance Lies!

“…cultural contrarian Kim Butler… (is) like a Joan of Arc crusader separating financial fact from fiction.”
– Steve Savant, host of “Let’s Get Down to Business”

Book Launch: December 20

Our newest book, Busting the Life Insurance Lies, is officially LAUNCHED! I co-authored this book with Jack Burns and James Ransom, and it just might be the most comprehensive book on life insurance available to the public… ever!

Below, we’ll give you the whole scoop on the book, as well as our whole process of writing and publishing the book. But first, we want to help you get a copy… for free!

Want your complimentary copy now?

If you are reading this between December 19 and December 22, 2016, you can download the Kindle version of the book for FREE on! (It will be priced at $3.99 after the promotion ends.)

===>> Get your Kindle ebook copy now!

You can also purchase the book in paperback Amazon.

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The Giving Season: Making the Most of Tax-Deductible Charitable Donations

“Every dollar makes a difference.”
— Michael Bloomberg

People love to give. It feels good. It makes a difference. Research shows that giving makes people happy. It changes lives. And in most cases, it even offers tangible rewards in the form of a tax deduction.

When it comes to charitable donations, how — and how much — do Americans give? Who have emerged as leaders in philanthropy? What tips do you need to know to make sure your philanthropy is tax deductible? And is the small-but-growing trend of using donor-advised funds as a vehicle for charitable giving a fit for you?

Giving in America

Americans gave a record $373 billion dollars in 2015, according to National Philanthropic Trust. And while foundations and corporations played their part, the majority of these donations (about 80%) came from individuals and their bequests.

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Cyber Monday eBook GiveAway!


Download all four of Kim’s books for Kindle at no cost on Cyber Monday, November 28.

They are our Gift and our way of getting the word out about Prosperity Economics, the alternative to “typical” financial planning.

Live Your Life Insurance: Surprising Strategies to Build Lifelong Prosperity with Your Whole Life Policy

LYLI coverLive Your Life Insurance

Revised and expanded in 2016, this book reveals how you can use whole life insurance to build wealth that you — the policyowner — can use while you’re alive and well! Filled with real-life examples and strategies for various stages of life, Live Your Life Insurance is an essential “owner’s manual” for your life insurance policy and a road map for financial security. Download your copy now!

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A Poem of Thanksgiving and Abundance

thankfulnessGather with loved ones ’round a bountiful table
Because it’s always the season to be giving and grateful.
We hope you enjoy this Thankfulness rhyme…
Written with love and holiday cheer in mind.

We put the Principles of Prosperity in this poem
(Please forgive us if we’re no Leonard Cohen).
It contains a reminder of our 7 golden rules;
Know that we apply them as our own financial tools!


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The Surprising Business Financing Secret of Top Entrepreneurs

business-financing2“Cash is King.”

What makes a business succeed? As a general rule, capital comes in handy! And whether a lack of cash is a symptom or cause of a failing business (it can be both), undercapitalization brings down more businesses than anything else.

Of course, you can save your own capital, but there are lots of pitfalls to dodge. You’ll want to avoid these scenarios:

  • Paying steep taxes and/or penalties to access your own money.
  • You either can’t use or must use the money, depending on your age.
  • There are limits on how much you can save.
  • You have to pass ever-changing qualifications to access money.
  • The money can only be used for certain purposes.
  • If you need money, you must sell the underlying investment and forfeit future gains.
  • A change of income, credit, or home values could make your “savings” inaccessible.

You can see why mutual funds, retirement accounts, qualified funds, and home equity lines of credit make poor choices for Emergency/Opportunity Funds for you or your business. So where DO you get capital?

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7 Ways to Vote for Yourself

Afro-American girl and American flag, isolated on whiteIt’s a close race and tense day for many Americans. Who am I voting for? I’m voting for you, of course!

I’m voting for each and every one of us to raise our level of happiness, kindness, and prosperity – regardless of who is in the White House or which party controls Congress.

Perhaps you’ll be pleased with the outcome of the election today, and perhaps not. But let’s not fall into the trap of believing that as individuals, we are powerless to control our own destiny.

By following the seven steps below, you’ll be “voting” for yourself to have an abundant next four years… and a prosperous life!

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Life Settlements: Why Seniors (even Celebrities) are Selling Their Life Insurance Policies

I don’t want to tell you how much insurance I carry with the Prudential, but all I can say is: when I go, they go too.”
– Jack Benny, comedian (1894-1974).

An on-air penny-pincher who pretended that he would sooner die than part with a dollar, the real Jack Benny was a kind and generous man. Also an excellent planner, his widow was well-taken care of after his death and even received a daily red rose from the local florist, a provision arranged for in his will.

Ed McMahon, the former co-host to Johnny Carson on The Tonight Show, was another generous celebrity. Gifted with an optimistic personality and a hearty laugh, McMahon lacked Benny’s budgeting and strategizing skills. (Perhaps he took more after the Celebrity Sweepstakes Winners he helped create….) In spite of decades of career success, McMahon lost his health in 2007, then nearly lost his home to foreclosure in 2008 before passing away in 2009 at the age of 86.

While Donald Trump reportedly may have assisted the aging, ailing celebrity to stay in his home, the McMahons were also helped by another friend who told them about Life Settlements. As Pam McMahon (Ed’s widow) reports, they were previously unaware that they could sell a life insurance policy, thus using it as a liquid asset in a time of need.

Ed McMahon carried multiple life insurance policies, and the premiums became an unmanageable burden to them, especially when injuries prevented him from working. According to a letter written by his widow Pam McMahon,Ed had more than one policy and they were able to sell one to ease their financial stress.

More Seniors Are Selling Their Life Insurance Policies

Interestingly enough, another well-known celebrity has chosen to endorse Life Settlements (and probably not because she needs a paycheck – this octogenarian is still red-hot in show business!) Actress Betty White has done commercials for a company in the Life Settlement industry and has gone on record stating that she “would encourage any senior who is considering letting their life insurance policy lapse to consider a life settlement.” (I can’t help but wonder if she is the friend who helped the McMahons with her advice….)

But there are many other reasons, besides financial stress, to consider selling a life insurance policy. The beneficiary may have passed away. The policyholder might simply wish to use the money differently, such as starting a business or sending a grandchild to a private college. The policy holder may have multiple policies and no longer need them all, or the policy may insure a “key man” in a business partnership who has retired.

Is selling your life insurance policy the only solution for seniors seeking cash?

Absolutely not! Many seniors simply don’t qualify. For instance, if you are healthy and in your 70’s, it is doubtful that you could find a buyer for your policy. Life settlement investors and their intermediaries are looking to buy life insurance policies of individuals who are nearing life expectancy. Typically, the insured is in their 80’s and/or in poor health. Even if you do qualify to sell your policy, it’s important to look at what option makes the best sense for your particular situation.

Oftentimes, retirees have “lazy assets” that could be put to better use. There are better options than earning one percent or so in a bank certificate of deposit. Sometimes, a reverse mortgage may make sense. (Learn more about that option in this podcast with Kim Butler.) Or perhaps you can change the SEQUENCE of how you are spending your assets. This strategy can help and reduce taxes and increase income!

We invite you to schedule an appointment to learn about ways to generate more cash flow. You can also sign up for our Prosperity Accelerator pack and you will receive an ebook and articles with our favorite strategies for income.

Do you own a whole life insurance policy? One advantage of a whole-life policy is that it gives you many options. For instance, the cash value can be used to pay up premiums so that no more premium payments are ever needed! There are other ways to use your policy to obtain cash (while you’re still living) – withOUT having to sell your policy.

Are you interested in investing in Life Settlement Funds?

For more information on Life Settlements, we invite you to read about their history and rise as a new asset class and learn how they can help you truly diversity your portfolio. To learn more about investing in life settlements, watch this 10-minute video that explains life settlements in greater detail.

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This website is provided for informational purposes only. The information contained herein should not be construed as the provision of personalized investment advice. Information contained herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security or investment. Investing involves the risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results and may have been impacted by events and economic conditions that will not prevail in the future.