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Hello, your next step is to look at your own numbers. Feel free to reach out to Denise@insuranceandestates.com to schedule!

Glad it was helpful!

@@InsuranceandEstates what if you put more money into it will that speed up the profit it took 30 years can you speed it up

Yes, there are ways to fund the policy at the beginning to help it accumulate more cash value over time.

Companies can vary based you your goals. Check out this article featuring our top company pics for this strategy: www.insuranceandestates.com/top-10-best-infinite-banking-companies/

Check out our other video on How To Buy Real Estate With Cash Value Whole Life #wholelifeinsurance for more: ua-cam.com/video/sjRbr20URdQ/v-deo.html

What about the interest on the loan that you have to pay back

Check out our video on life insurance loans ua-cam.com/video/7-btim5HpOA/v-deo.html

You are so welcome!

Thanks, you too!

Right on!

Hello and thanks for your question. They best way to understand loan interest and dividends is to review your own numbers with a Pro Client Guide. If you’ve already connected just reach out to that person. Or if not email Barry Brooksby barry@insuranceandestates.com

Yep, having a streamlined underwriting process is a great benefit. Thanks for commenting.

You're welcome!

Can you enlighten our audience with your extensive knowledge of these products and costs? I ask because this is a commonly touted objection. And, the commission complaint is often touted by the investment community who can’t stomach some of the money pool going elsewhere. So, these groups have created a narrative to demonize all life insurance agents and products. This is a battle for dollars and yet here is the simple truth: some expenses are protective in nature and are thus necessary expenses. Investment account fees aren’t even protective and yet you’re most likely ok with these, no? 7702 life insurance contracts protect against market losses (a fact) and these alleged heinous costs fund death benefits that protect families against the loss of loved ones (fact). So, word to the wise, there isn’t one answer to every question. 🤔

Glad it was helpful! Thanks for the comment.

Yes Dan, we caught that. It was an experiment into Typoglycemia. :)

Yes, we all have multiple policies, including other family members. Thanks for the comment!

Hello and thanks for your question. Here is the point of this video, you cannot get continuous compounding in a market based investments because of the sequence of returns (i.e. systemic periods of loss). Yes Barry could have used an S&P return that factored in dividends and yet all stocks are not dividend paying so that’s a judgement call. The 20 year actual S&P is a very accurate measure for this example. Also understand that we aren’t about never investing in the market. This asset as demonstrated is a “safe capital” asset that can fuel other kinds of investments. It’s important NOT to entrust your entire nest egg to market based assets because a crash at the wrong time (like retirement years) can destroy your plans.

You are welcome. Glad you liked the message. All the best!

@Lando94 Thank you!

Love it, thanks for sharing!

Boom.

Thank you for your support!

Hey Michael, that’s a goal to consider in a 1-1 conversation due to a lot of complexity. Thanks for connecting!

Thanks for your comment and respectful tone despite disagreeing with the video. In support of your premise that the data in our video is inaccurate, you are highlighting individual stock performance. Yet, most 401(k)s don't allow these individual picks and thus any gains would be diluted. Also if you’re honest you are cherry picking standout stocks. And, you’re referencing expert investor Warren Buffet, is this really your idea of telling average people that market based investments are solid, because Buffet or Graham does it? Traditional retirement accounts are usually invested in mutual funds, bonds, or ETFs which are based on a blended approach so you’re touting the benefits of an apple applied to an orange. So you’re highlighting stocks that you can clearly see have had gains. Yet we all know that there are stocks that haven't had gains in that period and hindsight is 20/20. And, in our experience this the favorite pastime with stock pushers, engaging in all kinds of fantastical debate based upon 20/20 hindsight. And we haven’t even touched on the other favorite, average vs actual returns. Concerning taxes, a brokerage account is short and long-term gains, but not a 401(k) or IRA, they are taxed as ordinary income. Finally in your discussion of fees you’re forgetting about it fee based advisors who are alive and well in the majority of all retirement planning, notwithstanding the exceptions who invest on their own. At the end of the day as we say all the timed, we aren’t saying don’t invest in the markets, just don’t do it with your entire nest egg. All good things to consider with discernment.

Hi @philw9787, thank you for the comment. All the best!

You can email Denise at denise@connect.insuranceandestates.com or visit her calendar which is linked in the description! Best to you.

Thank you for your very Quick response 🦋🦋

You may want to get into Truth Concepts training. We use a lot of these tools to put together examples. Thanks for checking in!

Thanks for your comment. I appreciate your sensitivity and yet I cannot agree with you. Yes, treating others with respect matters, however one of the problems with the decline of western societies is the dumbing down that is occurring. This is like hoping a for a nice airline pilot who isn’t competent, not good right? I actually care more about clients than agent competition, who unfortunately are often undereducated and unmotivated to truly learn what is needed to serve clients. Of course “taking good care” depends on what the client needs. If it’s term life, the average agent is ok. Every professional has the opportunity to learn and grow and we actually mentor agents! I hope you can embrace this idea. We shouldn’t be crossing our fingers with our clients’ welfare. Best.

Interesting, a Dave Ramsey fan that stereotypes people who work with life insurance, how original. I actually don’t think “everyone” should buy more life insurance and yet statistics show most people have very little. They’re too busy gambling in the markets often with little success! Here’s something to consider, Dave is often quoted as saying things that to professionals sound bizarre, things sounding like “you should be able to withdraw 8% indefinitely from your retirement account”. Wrong! People rely on Dave too much because he helps them in some ways, so when it comes to actually thinking they tend to ditch their common sense. As I’ve said often, Dave just doesn’t appear to understand how cash value whole life can be designed and used for specific goals. Thanks for your comment.

@@InsuranceandEstateswho said he like Dave Ramsey? You’ve also asserted something you didn’t back up again. If the retirement account sees a return above 8% than of course you can withdraw 8% indefinitely. You haven’t given a reason why you can’t make such return which is what’s needed. Now for Dave saying a mutual fund is better, let’s break the numbers down. According to Quatocy, the average return from Whole Life is 1-3.5%. As of 2021 the average return on a balanced mutual fund the past decade is 9-10%. Those numbers are so far apart that even accounting for natural variance mutual funds are hands down better unless you have evidence Whole Life can make such returns.

@@InsuranceandEstates2011-2021 the average return on a moderate mutual fund is 9-10%. According to Quotency the rate of return is from 1-3.5%. From this, a mutual fund is superior. Even if you argue about borrowing, your better off withdrawing the money, as the interest of the loan far exceeds the return.

Thanks for your comments and I can see you’re very passionate about this however you’re missing the point because you haven’t looked closely enough at this, just like Dave. The point about borrowing against cash value as I’ve said numerous times is that you can use that money for other opportunities while keeping 100% of your policy money compounding tax free with guaranteed growth, dividends and tax advantages. There is relative certainty with this approach and it creates incredible money momentum. There is zero certainty with mutual funds and big risk with the sequence of returns - something Dave never talks about. And, when you talk about making assumptions you have to be fair and include your wild average mutual fund numbers. We’ve done a lot of education on average vs actual returns and the problems here. If you were an advisor, would you really be comfortable looking someone in the eye and telling your trusting client that they can expect 8% plus on a mutual fund. I’m 52 and have literally never seen that work. You can keep blowing smoke trying to deter people in favor of Dave’s suggestions; however, I am speaking from experience utilizing and loving having this asset in my arsenal and experience ongoing disappointment with market based investments. Hold them long enough and you’ll be disappointed. Thanks for commenting. I encourage you to quit with the unsupported commentary and look deeper.

Hi Brian, you can ask Jason by emailing him at jason@insuranceandestates.com. All the best.

Alianz is good for the VUL

@@est4084 LOL!! Allianz does NOT write a VUL. The only life policy they write is an IUL. And a very good one at that. They write different annuities but not a variable universal life policy.

I've actually been looking for a GOOD IUL. I'd love to be able to sit down and email someone in regards to it and see if it's something I can pull off.

@Scooby0133 you can email jason@insuranceandestates.com as a first step:)

Just put the money in the stock market and it will grow 10x more based on what? The 20 year S&P?!? Totally wrong and are too many reasons to dive into here to unpack why this would never be a good idea. Also this belief is an example why financial entertainers “advice” can be extremely dangerous. As to your first point, the idea that an effective strategy shouldn’t be considered because people are too stupid to execute it strikes me as both elitist and also just plain irresponsible. However, this is why our experts partner in a long term coaching relationship with clients, to help ensure proper execution. Thanks for commenting!

By the way, this strategy isn’t a short cut and actually offers a more effective way to “attack” the credit card debt due to guaranteed growth and establishing money momentum. The loan here is against your own cash and has no repayment requirements. I encourage you to understand this strategy before dismissing it.

To the person making the comment. What about margin calls? How can we factor those in? Also do you do any portion in bonds in your portfolio , in that case a person may find helpful to educate themselves into substituting their bond portion with this, but once again, that requires reading and learning which most people prefer not to do, going to tick tock for advice is more “funnererrrrrrr”, yay 🎉😂

@@siulanainad I've never invested in a firm that requires minimum cash so no need for worrying about that. If the average person just dollar cost averages into an ETF that follows the S&P they will make 8-10% average through the lows and highs. Sure you can diversify more into things like bonds but I'm just trying to keep it as simple as possible but I can see this as being something that could replace your bonds portion of your portfolio.

Glad it was helpful!

Thanks for your comment and I can see how by listening to uninformed people you can jump to this conclusion. Would you agree that wisdom seeks real understanding before venturing an opinion? I encourage you to look deeper at what is going on in these example videos because there is a bundle of (7702) benefits here that you can’t get anywhere else in addition to the death benefit which is the icing on the cake. This still may not be right for you and yet you’ll at least understand what you’re criticizing. Best!

@@InsuranceandEstates What does the commission look like for the sales guy that successfully sells one of these policies?

The commission is based primarily on the death benefit, which is much lower on these policies than traditional whole life insurance. By designing a policy this way we cut our commissions by around 60%.

@@peeonthe3rdrail414 much less than the “commission” the bank is making on anyone by taking and multiplying by 10x from any funds in checking or savings accounts due to their fractional reserve banking. How about I deposit $at bank and they pay me 4% . Wowzaaaa! Yeah, they turn around my $100 and convert it into a $1,000 loan at 24% for a credit card user. What is that commission now as a percentage? Don’t say 20%. It’s not math, it’s financial math. Once a person figures that out they rather position their money inside a policy everyday. If you know you know.

@@peeonthe3rdrail414 i doubt you work for free, why should anyone else?

Hi Michael, thanks for commenting! You can connect with us here and can schedule a 1-1: www.insuranceandestates.com/proclientguide/introduction/

Thanks for your question. The insurance company won't allow the cash value to drop below zero. There's also an option to sell the death benefit to a life settlement company if a person needed more income in their later life.

Glad you enjoyed it!

Hi Tonya, thanks for reaching out! We always encourage people to “look at your own numbers”. You can visit our website and connect with a Pro Team member and schedule a 1-1 conversation here: www.insuranceandestates.com/proclientguide/introduction/

Thank you for the feedback!

Great point. Thank you!

True enough, what we’re talking about with IBC is a methodical approach to building up a nest egg without gambling. This can provide a sturdy foundation for people to gain stability and then find ways to care about the world around us, giving to causes and supporting those in need. This is what true wealth is all about and why people of faith statistically give more than anyone else. The system is broken assuredly and it’s why we promote an alternative. Thanks for commenting.

@@InsuranceandEstates the alternative will be something else entirely. The caucasian concept of money will fall. AI will totally upend this. Change or we will be living in a cyberpunk world of have nots with a few rich corporations, it's already happening. It only gets worse. A million ain't even enough to buy a good place where im at. Good thing surf is good and I can forget the problems of the world, I'm only here for thirty more years max. The next few generations are fckd though.

Sorry if I don't subscribe to your version of the future but your outlook is very grim. I am glad you can enjoy surfing but maybe your energy would be better served thinking of ways to give back to the world.

@@InsuranceandEstates i do give back. Its funny how you assume i dont. Just cause you can pay for something doesnt mean YOU are giving back. Thats the caucasian way. Screw em i can pay for it. Lol. Your culture is falling apart. Literally.

I don't assume anything. Just pointing out that most people who have such a negative worldview would be better off serving others to help change their perspective. Culture is falling apart because of immorality. The pendulum swings both ways. It won't always be the way it currently is and despite the present darkness there is always light shining somewhere. All the best.

Mark would appear to be a Ramsey follower. They all say the same thing. Save your cash in a conventional bank and buy term if you want death benefit. I hope seekers give it the apt dismissal that it deserves. Mark’s savings account is his happy place apparently. “He’s saying your policy cash value doesn’t belong to you and don’t use a cash value account for,,,?” Wrong, wrong, wrong. A cash value life account is your cash, you have full access to it via withdrawal (just like Mark’s savings account) and with cash value life you can use policy loans, unlike Mark’s savings account. The rest of this is just a regurgitation of typical factually wrong Ramsey talking points which we’ve addressed and refuted many times in our videos and webinars. Cash value funds growing death benefit in a properly designed whole life policy. Policy loans charge interest however this allows cash value to keep growing and compounding, something Mark fails to grasp. Infinite banking is about recapturing your money in a guaranteed, tax free account that can be leveraged and with liquidity. This structure obliterates Mark’s crummy savings account. I encourage you to do your research, listen to the people that actually practice this, and gain a true understanding of this strategy.

@@InsuranceandEstates A key advertised feature of infinite banking with a cash value is that your cash value experiences uninterrupted compounding growth unaffected by any loans. This sounds like a great benefit, but do you really come out ahead compared to the savings account alternative where you simply make a withdrawel from savings? Let's use real math and consider two similar situations where one person has $100k in cash value earning 4% (that's probably too high) and the I have $100k in a savings at Ally bank also earning 4% (current actual is 4.35%). We'll both take out a $50k "loan" at 5% and pay it back over 5 years and see who has more wealth in the form of cash or cash value at the end. (Obviously, I will be paying myself back with interest as monthly deposits to my account but in both cases it's the same amount of money leaving our pockets to pay back the loan.) IBC: Starting cash value balance = $100,000 Cash value balance after 5 years at 4%= $122,665 $944/mo paid for 5 years.... Principal paid to insurance company = $50k (your surrender value is now fully restored) Interest paid to insurance company = $6,614 (insurance co. gets to keep this, but it's not a bank so that's ok) Net "wealth" after loan is paid back = $122,665 (all cash value) SAVINGS ACCOUNT: Starting balance = $100,000 before withdrawel of $50k Savings remainder ($50k) after 5 years at 4%= $60,833 Monthly deposits back to savings account of $944/mo for 5 years earning 4% = $62,795 REAL net wealth in cash after "loan" is paid back = $123,628 As you can see, there is a $963 difference in my favor. Yes, there may be some taxable interest, but nowhere close to wiping that out. Consider also that the money in the savings is real money in your pocket, not locked up in a cash value. Consider also that I got to $100k in savings much faster than the other guy did with his cash value at the same investment rate. This real math example is one of the reasons I believe there is alot of smoke and mirrors deception involved in the promotion on IBC. Pushy salesmen will argue that I am a follower of Dave Ramsay. I am not. I have a lot of opinions where we don't agree. But on the subject of whole life, he is absolutely correct. A good video to watch that explains the issue well is "The Whole Life Insurance Scam" by Rich on Money.

Mark, you’re taking pot shots at an asset and strategy that you simply don’t understand. Your math fails to take into account the compounding effect of the cash value that continues despite the loan. This is a huge aspect. Also with policy loans, when you make a payment, you’re no longer being charged that interest and the amount becomes available again for lending. These accounts are your cash, this isn’t smoke and mirrors anymore than the bank telling you that your savings account is your money. This “high yield” savings account that is your new favorite asset was a non factor a little over a year ago and you know it. These are now available due to escalating rates. Guess what is also escalating? Whole life dividend rates. Something that you, Ramsey and the Money Guys ignore completely . This is not a fair comparison. So you tout average market based returns and ignore whole life dividends with 100 plus years of history. These dividends add to cash value growth, tax free and compounding that trounces savings accounts. Here’s my point, why the hostility. If people want a savings or investment account, go get one. Yet as a veteran estate planning attorney turned “salesman” i guess:) you are hurting people by steering them away from the ultimate wealth building asset, properly designed high cash value whole life, period. Go ahead and push savings accounts, paying off your house and maxing out your 401k’s and stay out of commenting on an asset and strategy that you have zero experience with and no real knowledge of. Check out this math if you’re inclined to consider something beyond high yield savings: ua-cam.com/video/N_HZkG-9LFo/v-deo.htmlsi=TfGT5dBJVwqzgMHW

@InsuranceandEstates Do you own a proper financial calculator? If so, run the numbers above for yourself before accusing me of failing to take into account basic functions like compounding interest and loan repayments. A savings account at Ally is just an example of an alternative source of capital to a cash value. You could do the same with cash under the matress or in an index fund. There is a huge difference between money in a savings, matress, or index fund and a cash value being that, unless you surrender your policy, you can only borrow against your cash value up to the amount of your surrender value.. it is not "liquid" any more than the money at Wells Fargo down the street because I am able to walk in there and come out with a loan. Yes, the insurance company can't deny you your policy loan, but it is still a LOAN. Of course, if i or anyone doesn't like whole life or IBC, it's just that we don't understand it yet. I wonder why over 50% of whole life policy owners end up surrendering their policies?

Mark, this dialogue is good; however, we’re probably at an impasse. We use sophisticated calculators regularly and offer many examples on our channel. We can leave it there sufficing to say that you really don’t understand properly designed whole life although you seem to think you do. For example, people that surrender policies are typically not happy with their traditionally designed whole life policies which are max death benefit, minimum cash value polices. You also assert that you cannot withdraw cash unless you take a loan or surrender your policy. Wrong again, you absolutely can withdraw cash and many do using a LIRP strategy, which sometimes includes withdrawals up to basis and loans thereafter. Your surrender value idea also suggests to me that you’re confusing IULs with WL because the former can have surrender charges. So, you either don’t understand these things or don’t care to acknowledge them because they don’t fit your narrative. Other than those observations, my statement is this. I am not a salesman and confidently can tell you that there is no other place that you can get the benefits of a properly designed high cash value mutual whole life policy period. Your savings account is not guaranteed and cannot be leveraged with any level of efficiency. It cannot provide tax free growth nor dividends (noting that you sidestep taxes in your example) and it most certainly cannot provide a death benefit at something like 5x what the cash is worth. Point being, you really haven’t looked carefully at what this asset and IBC does, how it works. Not sure why you want to spend all your time attacking something you don’t do or comprehend. Maybe it’s because you have nothing else to talk about. Seriously, sorry that you’ve been relegated to peddling a savings account. I wish you the best.

That’s the point, the money never leaves the account. Policy loans are only backed by the cash value, sweet right?

Yes, agreed. And your point touches on the issue of control. If all your money is in your home, it is difficult to access your money when an opportunity or disaster strikes.

plus he thinks we are wealthy to pay cash for a home @@InsuranceandEstates

Thank you for your kind comment. All the best.

More like extreme smoke and mirrors at play here. Unless you are a whole life insurance salesman, you are going to lose a lot of money pretending to "be your own bank." You'd be better off playing "be your own bank" with your own savings account at a high yield online bank or investment account. With that you can truly be in control of the banking process. You control where and how the capital fund is invested. You control how much interest to charge yourself for loans. You can decide if you want to pay yourself back with no adverse effects to your account either way. And, if you pay yourself back the same as if you were paying back the insurance company you will come out ahead. The talking point about your cash value continuing to to grow unaffected by your loan is true but misleading. The math shows that you come out financially ahead with REAL cash compared to cash value if you spend cash from savings and pay yourself back.

@markf.2050 we’ve demonstrated the math that you’re referring to many times using sophisticated calculators and it shows that the continuous compounding of a cv account generates cash accumulation in excess of loan costs even if the loan rate is higher than the policy IRR. So these are actual facts and numbers. I’m searching for facts in your objection and can’t find any - you’re checking all the boxes though. Step 1 - attack evil life insurance salesmen Step 2 - tout “real cash” and push “investment accounts”. Even more bizarre is your wild idea to be your own banker with your high yield savings account? Because you cannot borrow from your savings while also having the money working elsewhere, this simply wouldn’t work. So, it’s obvious you don’t understand even the idea of being your own banker which focuses on thinking and operating like a bank by keeping your money moving with velocity. How would you act like your own banker with your investment account? Maybe taking a private loan using it as collateral? And what if it drops in value? We’re all listening. These aren’t just talking points, we demonstrate them regularly. The point is that the guaranteed tax advantaged growth, leverage and liquidity make becoming your own banker possible and none of these attributes are available with the other assets you mentioned, period.

@InsuranceandEstates Bravo, I concur. Mr. Markf.2050 needs to do more research. He's in luck, though. He's already aware of the best actionable content anywhere!

@markf.2050 Banks are fraudsters. Go read 12 usc 1431 of the United State Codes, and explain to me why the Congress appointed Borrower is convincing the Creditor that they are the borrower. The banking industry is a sham of the highest degree! And I'm not even scratching the surface! D.Y.O.R, sir.

Thanks for reaching out! With those kinds of detailed questions we recommend you connect with an IBC pro team coach to look at your own options, numbers etc. Both Denise and Barry are fantastic and you can access their calendars here to request a 1-1 zoom or call: www.insuranceandestates.com/proclientguide/introduction/