Meet Steve O'Rourke
I grew up in a small town in Eastern Iowa. I am the oldest of thirteen children. I started my first business when I was in elementary school and took a few weed eating sheep and built them into a 60 head commercial ewe herd. By the time I was a senior in high school I had put $20,000 in the bank after expenses. While attending college at Iowa State University I became an independent purchase agent for the National Animal Disease Center.
I purchased livestock on contract for the government when their purchasing department could not find the necessary test animals. As students my new bride and I purchased our first home and flipped it in six months. Our first flipped home paid for two years of tuition for ISU. I then moved into a sales career with a company that manufactured and sold fire protection to homeowners.
Through the success of this sales career, we built our dream home on seven acres and raised our four children. We built our home using an energy efficient product (Liteform) which we became a contractor distributor marketing this product directly to homeowners. Through the construction industry I became aware of the fact many people were having difficulties financing their homes. I then not only built homes, but I became a licensed mortgage banker.
​
March of 2007, I read a book how to become your own bank by using a specific type of whole life insurance. We set up a policy that gave us one million dollars of insurance if I were to pass and at the same time increase in cash value. In 2014 we borrowed from our policy ($87000) and built our first self-storage facility (250 units). In 2023 we purchased our second storage facility. These facilities produce a nice six-figure annual income. Our initial investment is now worth over $5 million dollars. We are now in the process of using this insurance policy again to begin another business manufacturing and marketing a medical device for premature babies.
This insurance program called Infinite Banking has many more advantages today than when I began my first policy in 2007. My wife and I are like most people we have worked hard and sacrificed for our family. We seek secure investments with reasonable gains. The icing on the cake with this infinite bank system is this program can generate income and it’s 100% TAX FREE. I have consistently been a problem solver. The problem I see today is that most people don’t want to lose money in the market, and they want to reduce their income tax. When you have your investments in 401K, or an IRA and it’s invested in the market you have a chance you may lose.
I recently talked to a 65-year-old who has worked hard her entire life. In 2024 she lost $125,000 with her investments. She is at a point in her career where she should be thinking about retiring, not worrying that her money may not last. I am looking forward to helping you devise your own Bank on Yourself program. I will show you how to increase your investments and lower your taxes and never have to worry again whether your money will last.
Interested in learning more about Infinite Banking & what it can do for you?
Fill out the form today or schedule a call.
INVEST IN A TAX-FREE FUTURE
Understanding the Infinite Banking Strategy
Infinite banking is a financial strategy that leverages a whole life insurance policy with a cash value component. This concept enables policyholders to borrow against the cash value of their policy while still allowing it to grow by paying dividends. Essentially, this system allows individuals to act as their own bank, providing loans to themselves and repaying them with interest.