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, John uncovers why savvy institutional investors prioritize control and risk management over mere rate of return. Go through the financial...

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 about whole life insurance and how his quest for more efficient financial strategies led him to IBC. The episode delves into Doug's personal...

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 journey from biology to finance, highlighting the significant role of advisors in demystifying financial strategies. In our talk, we tackle common...

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 10. We discuss: The unparalleled value of storing cash in a whole life insurance policyThe empowerment of financial self-sovereignty andThe...

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 where it resides. We'll explore why whole life insurance is not just a financial tool but a private innovation crafted to empower individuals and...

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 to do").Discover the principle of "one pool of money" and the transformative power of cash flow over cash amount.Finally, grasp why "banking is the...

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 insurance policies with a hyper-focus on early cash value reinforce a short-term, high-risk financial mindset that can have significant long-term...

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 Infinite Banking Concept (IBC). Discover how the waiver is like putting insurance on your insurance, meant to keep your "bank" operating, while...

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 investment returns. Almost everything else you see in the news and social media is designed to give you FOMO! A mindset focused on short-term...

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 a business, guaranteed to make a profit, while seasoned experts manage all the heavy lifting. That's not a fairy tale—it's the essence of whole...

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 how policy loan interest is calculated and sheds light on the importance of being an 'honest banker'. Questions arise: Should you always lean on...

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 brought by financial software systems, transforming how clients perceive the value of whole life insurance amidst their comprehensive financial...

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 he's also Nelson Nash's son-in-law. He's been there from the beginning of the creation of IBC. So, tune in to this great discussion, where we...

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 the very heart(!) of The Infinite Banking Concept (IBC) to explore not just the 'how', but, more importantly, the 'why'. Implementing IBC isn't just...

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 my own banker?" To help answer this question, we'll use the old adage: "The best time to plant a tree was 30 years ago. The second-best time is...

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 to buying life insurance, there are optimal ways to evaluate your choices and suboptimal ways. In this episode, we address the fact that to...

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 little-know fact is that you can only buy so much. Many people are already familiar with MEC (Modified Endowment Contract) limits that limit how much...

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 DescriptionReal estate investors are familiar with the idea of a 1031 exchange that allows them to exchange like-for-like value from one real estate asset to another without paying capital gains tax. Similarly, you can exchange permanent life insurance polices using a 1035 exchange...

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 DescriptionThe Paid Up Additions (PUA) rider is one of the most well-known components of an "IBC-Style" whole life insurance policy. Most people think PUA = Cash value. And while it can look this way in an illustration, that's not exactly true. In this episode, we'll discuss the often...

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 DescriptionOne of the biggest financial problem we all face comes straight from the book, Becoming Your Own Banker; Parkinson's Law. "A luxury, once enjoyed, becomes a necessity." In financial parlance, this means expenses tend to rise along with our income. Taxes, debt service, and...

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 DescriptionThere is a ton of information about Infinite Banking out there and opinions about "correctly-designed" policies probably top the list. We want to help you cut through the noise and help you understand what an "IBC Style" policy should be. Like everything having to do with...

** 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 whole life insurance dividends as interest rates rise. As John Montoya tells us, “interest rates are relative”. Episode Highlights 0:00 -...

Episode DescriptionUnlike 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 understanding of how life insurance can play an important part in your overall financial life. LINK TO THE EPISODE Episode Highlights0:00 -...

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 both sold and consumed. In this episode, we discuss the Grocery Store Analogy as a foundation to understanding The Infinite Banking Concept®. "Don't...

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 amongst life insurance agents and there is a lot of confusing, contradictory advice out there. Today, we are going to weigh in on the matter and help...