Infinite Banking ציבורי
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The Infinite Banking Concept® (IBC) is privatized banking, using the cash value of a whole life insurance policy as the platform. Your hosts, John Montoya and John Perrings, are authorized IBC practitioners with the Nelson Nash Institute, dedicated to educating consumers about Infinite Banking. Listening to this podcast, you'll learn about life insurance, cash value, dividends, policy loans, policy design, and more. Most importantly, you'll learn how IBC puts you back in control of your mone ...
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Welcome to STRATEGIC WHOLE LIFE (formerly The Fifth Edition). Episode 84 of the Strategic Whole Life podcast, "Beyond the Rate of Return: A Strategic Approach to Wealth Building." John Perrings challenges the conventional obsession with returns in financial planning. Drawing from his construction and finance experience in the data center industry, …
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ANNOUNCEMENT: The Fifth Edition will soon be renamed STRATEGIC WHOLE LIFE. Read more about the coming name change below. In Episode 83, host John Montoya interviews Doug McKenzie, a new Infinite Banking Concept (IBC) practitioner, to explore his transition from a traditional financial mindset to embracing IBC. Doug shares his initial skepticism abo…
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ANNOUNCEMENT: The Fifth Edition will soon be renamed STRATEGIC WHOLE LIFE. Read more about the coming name change below. In Episode 82, we welcome Todd Langford, creator of the Truth Concepts software, for an enlightening conversation on the complexities of financial math and the misconceptions surrounding whole life insurance. Todd shares his jour…
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ANNOUNCEMENT: The Fifth Edition will soon be renamed STRATEGIC WHOLE LIFE. Read more about the coming name change below. Welcome to the final installment of our transformative series, "IBC First Principles: Mastering the Basics of Privatized Banking, Part 3." In Episode 81, we bring our three-part series to a close by examining principles 8 through…
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ANNOUNCEMENT: The Fifth Edition will soon be renamed STRATEGIC WHOLE LIFE. Read more about the coming name change below. Episode 80: Dive into Part 2 of the enlightening "IBC First Principles: Mastering the Basics of Privatized Banking." This segment unpacks principles 4 through 7, shedding light on the journey of your money and the importance of w…
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In Part 1 of our 3-part series "IBC First Principles," we analyze some core concepts that make up The Infinite Banking Concept (IBC). In this episode, we discuss the first three of ten "first principles": Learn how understanding traditional financial systems empowers you to take control of your money ("If you know what's going on, you'll know what …
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In Episode 78, we look hard at the "side hustle" and "hack" culture that has attempted to latch on to and sensationalize The Infinite Banking Concept™. It has resulted in an epidemic of generic life insurance advice. It's a race to the bottom to see who can show the "best" cash value. But what does that even mean? Agents pushing whole life insuranc…
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Main Episode Description In this essential Episode 77, we navigate the complex world of disability protections, examining the "Disability Waiver of Premium" rider in whole life insurance policies and how it contrasts with an actual disability insurance policy. But that's not all: we also delve into how disability insurance can complement The Infini…
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Main Episode Description In Episode 76, we hit on one of the most relatable yet destructive emotions in personal finance: the Fear of Missing Out, or "FOMO." As you implement The Infinite Banking Concept (IBC), FOMO is one of the first problems that can pop up and derail the process. It's so easy to get lured into the glitz and glamour of immediate…
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Main Episode Description This episode discusses The Infinite Banking Concept and its growing relevance in today's volatile financial landscape. While many have become jaded, grappling with market fluctuations, pervasive risk, lost opportunities, and soaring debts, Infinite Banking continues to prove itself as an oasis of stability. Imagine starting…
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Main Episode Description In this insightful episode, John Montoya discusses one of the more nuanced elements of Whole Life Insurance: policy loan interest. Often overlooked, understanding this component is crucial for those practicing the Infinite Banking Concept ™. We start with a simple truth: There is no such thing as a free lunch! John unravels…
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Main Episode Description Dive into a profound conversation with a titan of the life insurance world, Trent Fortner, whose 35-year career has spanned from being a multi-million dollar producer to shaping the next generation of life insurance agents as a distinguished business coach. In this episode: Software Revolution: Explore the seismic shift bro…
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Main Episode Description In this episode, we are honored to be joined by David Stearns, Director of the Nelson Nash Institute (NNI). The NNI was started by R. Nelson Nash, the founder and creator of The Infinite Banking Concept ™. Lean more about the official home of IBC at InfiniteBanking.org. David Stearns is not only the Director of the NNI, but…
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Stop wasting hours on YouTube, trying to piece together the information you want regarding The Infinite Banking Concept®. Use the code "PODCAST" to get 50% off of our soup-to-nuts online course to get everything you need to know about IBC and whole life insurance: IBC MASTERY ---- Main Episode Description In this profound episode, we journey into t…
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Stop wasting hours on YouTube, trying to piece together the information you want regarding The Infinite Banking Concept®. Use the code "PODCAST" to get 50% off of our soup-to-nuts online course to get everything you need to know about IBC and whole life insurance: IBC MASTERY ---- Main Episode Description You may ask yourself, "Am I ready to become…
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Stop wasting hours on YouTube, trying to piece together the information you want regarding The Infinite Banking Concept®. Use the code "PODCAST" to get 50% off of our soup-to-nuts online course to get everything you need to know about IBC and whole life insurance: IBC MASTERY ---- Main Episode Description Like everything else in life, when it comes…
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Stop wasting hours on YouTube, trying to piece together the information you want regarding The Infinite Banking Concept®. Use the code "PODCAST" to get 50% off of our soup-to-nuts online course to get everything you need to know about IBC and whole life insurance: IBC MASTERY ---- Main Episode Description With funding life insurance for IBC, a litt…
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Stop wasting hours on YouTube trying to piece together the information you want about The Infinite Banking Concept. Use code "PODCAST" to get 50% off of our soup-to-nuts online course: IBC MASTERY Main Episode Description Real estate investors are familiar with the idea of a 1031 exchange that allows them to exchange like-for-like value from one re…
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Stop wasting hours on YouTube trying to piece together the information you want about The Infinite Banking Concept. Use code "PODCAST" to get 50% off of our soup-to-nuts online course: IBC MASTERY Main Episode Description The Paid Up Additions (PUA) rider is one of the most well-known components of an "IBC-Style" whole life insurance policy. Most p…
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Stop wasting hours on YouTube trying to piece together the information you want about The Infinite Banking Concept. Use code "PODCAST" to get 50% off of our soup-to-nuts online course: IBC MASTERY Main Episode Description One of the biggest financial problem we all face comes straight from the book, Becoming Your Own Banker; Parkinson's Law. "A lux…
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Stop wasting hours on YouTube trying to piece together the information you want about The Infinite Banking Concept. Use code "PODCAST" to get 50% off of our soup-to-nuts online course: IBC MASTERY Main Episode Description There is a ton of information about Infinite Banking out there and opinions about "correctly-designed" policies probably top the…
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** Get a 50% off our online course, IBC Mastery ** With current rising interest rates, many carriers have similarly raised the interest rates on policy loans. Many whole life policy owners are wondering how this will affect their practice of The Infinite Banking Concept ®. In this episode we talk about policy loan rates and what to expect with whol…
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Episode Description Unlike your typical investing, whole life insurance must be looked at in a different light. Life insurance is not an investment and it never has been. The good news is that, while life insurance is not an investment, what it actually is makes all of your investments perform even better. Tune in to this one and get a better under…
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In his book, Becoming Your Own Banker, Nelson Nash did something very special to help readers gain a deeper understanding of the importance of capital formation. Rather than discuss money directly, he talked about it through the example of a grocery store owner stocking cans of peas. Nelson used food inventory because, just like money, it can be bo…
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Get all the info you need about The Infinite Banking Concept® at: www.TheFifthEdition.com Main Episode Description: One of the most valuable traits an IBC practitioner can have is patience - you need to be able to “think long range”, as Nelson put it. Which brings us to today’s topic: short pay and long pay policies. This is a hotly debated topic a…
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One of the most common questions we get about starting the process of acquiring a whole life insurance policy for Infinite Banking® is how the application process works. Applying for life insurance can be somewhat daunting but it doesn't have to be. With an experienced advisor it is possible to navigate the underwriting process with ease. Even if y…
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Description: A very common question we get is how multiple whole life insurance policies come into play for Infinite Banking. In chapter 6 of Becoming Your Own Banker, Nelson Nash states "...I am not describing one life insurance policy. This is to be a system of policies." In chapter 12 he states "We need a system of many policies to do the job [o…
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An often overlooked benefit of The Infinite Banking Concept® is the tax efficiency created by becoming your own banker. In this episode, we discuss three ways IBC can improve your tax situation: Using IBC to create the funds with which to pay taxes Creating the system to build business income which allows for more reduction of tax Retirement strate…
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With so much economic uncertainty, sometimes it can be difficult to fund the things in your life that are important to you, including your IBC whole life insurance policy. However, there may be a way that you can make up for the lost ground. The “Catch Up Provision” in the PUA rider of many whole life policies allows you to catch up with missed PUA…
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In this very special special and personal episode, we interview co-host John Montoya's wife, Kelly Vail, about her battle with cancer. As a business owner, Kelly started IBC as a way to be more efficient with her cash flow. Little did she know that, years later, the living benefits of whole life insurance would literally save her life. When the hea…
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When you’re making financial decisions for yourself, you need to be aware of the economic landscape around you. However, this can be difficult to do given how quickly and often things can change. This week, we tackle a listener question: “Will the traditional rules of finance hold strong or will the rules change in the next 40 years?” Tune in to he…
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Join us in this episode as we discuss how your finances are like training for a battle. It's common to use sports-based analogies like "offense & defense" when it comes to money but the typical mainstream financial plan often has tactical disadvantages on both ends from inadequate protection to chasing rates of return in risky investments that unde…
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Join us for our first video podcast where we do a full presentation on an IBC Retirement Strategy! Overview: You can almost draw a line in the sand separating the time before and after discovering The Infinite Banking Concept®. As such, your financial lives become divided in two: All of the possible future decisions that can be made through the imp…
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Whether you're new to Infinite Banking or perhaps you started years ago, it's crucial you avoid the onset of IBC amnesia. In this episode we discuss how to self-diagnose if you've developed IBC amnesia and the steps to follow so you can take advantage of the capital you're creating in your IBC policies to build your wealth. We hope you enjoy this e…
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Welcome to episode 50 where John and I have some fun and go a bit off topic to discuss one of the best TV shows of all time. You'll learn how with just a little bit of sound financial planning our favorite character, Walter White, could have left his family the legacy he actually intended. Instead he became the infamous Heisenberg that led to so mu…
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In previous episodes we've explained the strategy, covered the benefits, and highlighted best practices, but in this episode we are going to challenge you to ask if the financial decisions you make are morally the best you can make for yourself, your family, and society. Take a listen and hear what we have to say about the moral case for IBC and wh…
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A question we are often asked by new clients, just starting their IBC journey is "how much should I fund a policy?" Or "How much does it cost?" Whole life insurance, for the purposes of implementing the Infinite Banking Concept®, is about capitalizing (aka, storing cash). So the real question should be: "How much do you want to save?" When looked a…
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In this episode we'll discuss the rules of thumb, pro's and con's, and other insights you ought to know if you're thinking about starting an Infinite Banking policy for your children. In the insurance world, these are called juvenile policies. And be sure to give Episode 21 "Who to Insure First" another listen for additional context! As always, let…
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We often talk to folks who will tell us they have a lump sum of money that they want to use to "start their IBC policy." How can we deal with large lump sums of cash with regards to The Infinite Banking Concept®? We can't deal with it like most of us are used to with typical financial accounts. Because life insurance is an actuarial product, we mus…
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Real estate investors, more than others, perhaps, have difficulty getting comfortable with the capitalization period of a whole life insurance policy. In this episode we break this down in detail and walk through a 30-year model of buying real estate with bank cash vs buying real estate using life insurance cash value. You can see a full video of t…
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One of the biggest talking points in 2021 has been inflation with government reported CPI at numbers not seen since the early 1980's. Will inflation be "transitory" as Fed Chairman Jerome Powell stated or is it here to stay? More importantly for Infinite Banking, does IBC still make sense going into 2022 and beyond if inflation persists? We tackle …
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If you're wondering what Nelson Nash meant when he instructed Infinite Bankers to pay extra interest, this is your episode! Paying "extra interest" really seems to confuse a lot of people because it is so ingrained into our psyche to be told what our required loan payment is each month. So much so that the idea of setting our own schedule of paymen…
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At the end of last year, December 2020, Congress passed the Consolidated Appropriations Act. In addition to its many stimulus measures, it contained a provision that affects permanent life insurance products like the ones we endorse for Infinite Banking. Have the so-called 7702 changes affected what we do with IBC or do the principles of Infinite B…
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One of the classic mistakes people make before deciding to implement Infinite Banking is focusing on the cash value growth. We encounter it all the time. As Nelson would say, "You're majoring in the minors!" Though it is initially a challenge getting beyond the "rate of return" mindset that we have been taught by Wall Street, as you learn more abou…
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One of the best ways to ensure we maximize the Infinite Banking strategy is by understanding when we should take policy loans. This is a little discussed topic but it's a topic you should be up to speed on. Just because we have access to cash values doesn't mean we should always use policy loans. In this episode we'll discuss the idea of "shopping"…
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If you're really wanting to better understand Infinite Banking, this is an important episode for you to bookmark and re-visit even in the future. In this episode we discuss Guaranteed and Non-Guaranteed Cash Values and why each is important to the process of Becoming Your Own Banker! We'll also delve into understanding how contracts differ from inv…
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In this episode we discuss Universal Life policies and why the Nelson Nash Institute advocates for Whole Life, and specifically not Universal Life, when implementing The Infinite Banking Concept®. We'll cover the pro's and con's of Universal policies, including what most advisors will never tell you when selling any of the 3 types of Universal poli…
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In this episode we discuss how Infinite Banking provides the rare financial solution to marry the investment world (401k/mutual funds) with the life insurance solutions (IBC designed Whole Life) to create a more efficient financial plan that produces better results than an all market-based approach by itself. Most advisors, the media, and ultimatel…
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If you're new to Infinite Banking, you might be thinking: "I don't know anyone who does IBC". But guess what? The largest banks in the world have been buying billions of dollars of high early cash value life insurance policies for decades: Bank Owned Life Insurance (or BOLI). In this episode, we are inspired by author Barry James Dyke and his books…
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