When comparing the costs of term life insurance vs whole life insurance, we can't just compare the premium prices and call it a day.

Because whole life insurance is an asset that builds equity, not all premiums are a true cost like they are with term insurance.

In this episode, we break down the math and provide a real, apples-to-apples comparison of the true costs of term vs. whole life. Check it out!

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EPISODE HIGHLIGHTS:

00:20 Term vs. Whole Life Insurance

01:11 The Math Behind Insurance Costs

04:00 Term Insurance Risks

06:29 Whole Life Insurance Builds Equity

12:55 Real Client Example: Cost Analysis

18:41 The Unseen Costs of Term Insurance

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LINKS:

Get in touch: SCHEDULE A CONSULTATION

Online Course: IBC MASTERY

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About Your Hosts:

Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!

John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.

John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.

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Connect with us

Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!

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ONLINE COURSE:

Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.

Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:

IBC MASTERY

In today's episode, we discuss a misleading IUL ad we found on Instagram. We break down the numbers to explain why this ad (and IUL in general) is, in our professional opinion, a smoke-and-mirrors game.

Indexed Universal Life (IUL) is often touted as "unbundled whole life insurance" or, worse, just like an investment but with no risk...

Nothing could be further from the truth. IUL is not an investment, and it's not just "unbundled whole life," either.

Tune in to learn all about IUL.

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EPISODE HIGHLIGHTS:

00:17 Misleading IUL Ads: A Real-Life Example

02:01 The Impermanence of IUL Policies

04:20 What Floors, Caps, and Par Rates Do to the Numbers!

08:24 Historical Context and Regulatory Changes

27:37 The Cost of Insurance in IUL Policies

35:17 A Call to Action If You Own an IUL Policy

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LINKS:

Get in touch: SCHEDULE A CONSULTATION

Online Course: IBC MASTERY

----

About Your Hosts:

Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!

John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.

John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.

----

Connect with us

Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!

----

ONLINE COURSE:

Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.

Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:

IBC MASTERY

Today, we have a special guest, Dave Mozeika, co-founder of the cash flow platform called Currence.

In episode 103, we discussed the problem of a lack of focus on savings and spending. Today's topic, Currence, is the solution to that problem.

Currence is about setting up a better cash flow structure that, combined with IBC, can create financial freedom faster than you ever thought possible.

Tune in to learn how!

>>Talk to us about Currence<<

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EPISODE HIGHLIGHTS:

(00:12) Guest Introduction: Dave Mozica

(00:54) The Problem with Budgeting

(01:25) Dave Mozica's Background and Career

(03:49) Understanding Cash Flow and Financial Structure

(05:24) Introduction to Currence

(09:07) How Currence Works

(19:19) Implementing Currence

(22:00) Currence and Infinite Banking Concept

(22:27) Managing IBC Transactions with Currence

(23:38) Integrating Currence with a Wealth Coordination Accounts

(24:32) Personal Examples of Multiple Checking Accounts

(26:17) The Currence Spending Baseline

(26:56) The Role of Calibration Sessions

(31:04) IBC Doesn’t Necessarily Fix Spending Problems

(32:48) The Power of Connected Cash Flow

(38:06) Success Stories and Client Experiences

(43:13) Empowering Advisors with Currence

(45:58) Final Thoughts and How to Get Started

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LINKS:

Get in touch: SCHEDULE A CONSULTATION

Online Course: IBC MASTERY

----

About Your Hosts:

Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!

John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.

John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.

----

Connect with us

Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!

----

ONLINE COURSE:

Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.

Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:

IBC MASTERY