In this episode, John Montoya explains the ins and outs of premium deposit funds.

If you've ever wondered about one of the ways to pay for whole life insurance with a single lump sum, tune in to this short and sweet episode for everything you need to know about premium deposit funds.

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EPISODE HIGHLIGHTS:

00:43 Advantages of Premium Deposit Funds

04:35 Considerations and Setup

05:58 Flexibility and Convenience

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LINKS:

SCHEDULE A CONSULTATION

https://www.strategicwholelife.com/p/contact/

Online Course: IBC MASTERY

https://www.stackedlife.com/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.

----

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!

https://www.strategicwholelife.com/p/contact/

----

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:

https://www.stackedlife.com/ibc-mastery

When comparing term insurance costs to whole life insurance, you can't use grade school math and add up the premiums paid over time.

With money, we must use financial math to account for the time variable. When we do that, the numbers tell a much different story than what the "buy term, invest the difference" people tell.

The true cost of term insurance could be tens of millions or more!

Join us today as we once again examine some numbers to reveal the truth about what term insurance really costs.

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EPISODE HIGHLIGHTS:

00:53 Understanding Asset Classes

01:39 Term Insurance vs. Whole Life Insurance

04:18 Cost Analysis: Math vs. Financial Math

06:30 Graphical Illustration of Costs

10:50 Generational Impact of Term Insurance

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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

John Montoya covers 31 insights he devised about the importance of whole life insurance.

This is a detailed list of observations, ranging from whole life's historical significance and tax advantages to its role in financial independence, the banking function, and family security.

There really is no other asset like whole life insurance!

Tune in...

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EPISODE HIGHLIGHTS:

00:21 The Motivation Behind This Episode

00:57 31 Key Insights About Whole Life Insurance

05:36 The Philosophy and Impact of Whole Life Insurance

11:40 Avoiding "Arrival Syndrome"

17:26 Encouragement and Final Thoughts

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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

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

----

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

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

In this episode, we'll discuss how IBC positively affects every stage of life, from your first job and accumulation to retirement and transferring a financial legacy.

Tune in!

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EPISODE HIGHLIGHTS:

(02:08) Starting Your Financial Journey: First Job

(10:47) Building a Family and Financial Security

(19:50) Accumulation Phase: Growing (and Protecting) Your Wealth

(24:40) Pre-Retirement Planning: Maximizing Efficacy

(30:43) Retirement Phase: Leveraging Certainty Assets

(37:20) Legacy Transfer and Estate Planning

(42:32) Why Whole Life Insurance Works at Every Stage

----

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

We have spent a lot of time discussing why paying premiums is great and why we should want to pay them for as long as possible. From an Infinite Banking perspective, why would we not want to capitalize our "bank" to the greatest extent possible?

This begs the question: is it ever appropriate to not pay a premium for a long time?

A "Single-premium" whole life policy is designed for one premium, and that's it. As usual, there are significant tradeoffs to this type of design, the biggest of which concerns taxes.

Tune in to this episode and learn about three potential use cases for a single-premium whole life insurance policy.

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EPISODE HIGHLIGHTS:

(01:41) Single Premium Policies as a CD Replacement for Seniors

(06:53) Single Premium Policies for Real Estate Investors

(14:07) Single Premium Policies for College Planning

----

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