When Is the Sacred Account a Bad Idea?

Jerry Fetta
3 min readNov 30, 2022
When Is the Sacred Account a Bad Idea? by Jerry Fetta

When shouldn’t someone get a Sacred Account?

I talk a lot about the Sacred Account and the reasons to get it and use it, but let’s have an honest discussion today about when it’s a bad idea.

First let’s understand what the Sacred Account is.

It is a form of High-Early-Cash-Value-Dividend-Paying-Whole-Life-Insurance.

I can save money into and that money will grow at 3–5% per year on average for the rest of my life, tax-free!

It is guaranteed against loss.

It is guaranteed to grow.

It isn’t taxable.

It is protected against creditors.

It is protected against lawsuits.

It protects my privacy.

I can borrow against my money and it will keep growing at 3–5% like it never left the account.

And it has done all of this for 150+ years in a row without missing a beat!

Sounds amazing right?

So why wouldn’t someone do this?

Good question!

  1. They don’t earn enough income to commit to a forced savings plan. If a person cannot save at least $250/mo no problem, they should not do the Sacred Account. This is a forced, automated savings plan and so what I sign up for, I am contractually obligated to save into the account. So I better earn enough income to do that.
  2. They need ALL of the money right now for something. When I fund a Sacred Account, I can borrow 70–90% of what I put in. This means if I put in $10,000, I can borrow against $7000-$9000. Which also means I cannot borrow against $1000-$3000. Therefore, if someone needs to borrow 100% of the money they contributed, right away, this isn’t the right fit for them.
  3. They don’t understand it. Financially, you should never do things you don’t understand. It doesn’t matter how good and perfect it sounds. At the end of the day, you have to use it once it’s setup. Nobody is going to do that for you. So being able to understand fully how to use the Sacred Account and how it works is a big deal.
  4. They are skeptical of it. Look, I’m not here to convince you this is a good idea. I use it. I have tons of clients that use it. Very wealthy friends who use it. And the largest banks in America are the #1 owners and purchasers of this exact type of life insurance. It’s up to you to decide if it makes sense or not and if a person is skeptical, I tell them then don’t do it. Simple as that.

Now if you are interested in learning more about the Sacred Account, I want to encourage you to grab a free copy of my book The Blueprint to Financial Freedom.

Click here to get a copy!

The Blueprint to Financial Freedom by Jerry Fetta

Not only will this book change your life financially, but it comes with a free Course Supervisor who will ensure you understand and finish the book, plus a free coaching call to help you implement the strategies.

Click here to get your free copy now!

To Purpose, Wealth & Freedom,

Jerry Fetta

Jerry Fetta is the CEO and Founder of Wealth DynamX. He is a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, New York Finance, interviewed on over 45 podcasts with world renowned experts, earning endorsements and affiliations throughout his career with names like Kevin O’Leary, Grant Cardone, Dave Ramsey, and Pamela Yellen.

Jerry’s mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.

Learn more at www.WealthDynamX.com

(DISCLAIMER: The information in this content should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Wealth DynamX can and does not provide advice unless/until engaged by you.)



Jerry Fetta

Jerry Fetta is the CEO and Founder of Wealth DynamX. Jerry’s mission in life is to help create millions of financially educated and wealthy families.