Podcasts about iul

In this episode of The Power of Zero Show, host David McKnight looks at Doug Andrew's recent video in which he implored his audience to never use a Roth IRA or a Roth 401(k) again. Andrew sees Indexed Universal Life insurance (IUL) as far superior and believes it should be the source of the vast majority of your distributions in retirement. While David likes IUL in certain circumstances, he isn't a fan of sales strategies that debase every other viable tax-free alternative in an effort to exalt IULs. For David, the video is riffed with errors, exaggerations and omissions. Moreover, Andrew's video appears to have an obvious pre-commitment to persuading you to reposition the lion's share of your retirement savings into an IUL. In the video, Doug Andrew's liking for IUL as the top investment vehicle is evident. At the beginning of his video, Andrew says that he will explain why the IUL is far superior to the Roth IRA. David believes that the choice should never be between a Roth IRA and an IUL or between a Roth 401(k) and an IUL. Remember: your tax-free strategy can incorporate as many as SIX DIFFERENT STREAMS of tax-free income, not just the IUL… And every one of these tax-free income strategies has unique qualities that set them apart from all the others. Don't forget about what your #1 goal should be: to take advantage of every tax-free nook and cranny in the IRS tax code. David lists the qualities that tools such as Roth IRAs, Roth 401(k)s and Roth conversions have and that IULs do not have. One of the unique things about IULs is that they give you a death benefit that doubles as long-term care and helps grow your money safely and productively. David touches upon what he considers “wild claims” featured in Doug Andrew's video. An example of inaccurate or untrue information shared by Andrew is that the IUL's expenses will be paid out of the money that would have otherwise gone to pay a tax… which is wrong! Contributions to Roth IRAs and IULs are both made with after-tax dollars. “If anyone ever debases a Roth IRA or a Roth 401(k) in an attempt to sell you an IUL, you should run – not walk – the other way,” concludes David.   Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Doug Andrew Doug's video - Why You Should Never Use a Roth IRA Again (6 Reasons Why)

Today, Bruce and I want to unpack a question we frequently encounter: Is cash value life insurance enough for retirement? It's a compelling question, but one without a simple yes or no answer. The effectiveness of cash value life insurance as your primary retirement vehicle heavily depends on your personal discipline, your overall financial strategy, and, importantly, your understanding of what retirement means to you. https://www.youtube.com/live/rASx9CvIpbg When I started my financial career back in the late 1980s, a presentation caught my attention. It claimed that by consistently funding a whole life insurance policy, individuals could join the "Lucky 3%"—those who felt completely secure about their retirement. This idea was captivating, promising financial freedom through disciplined saving. Yet, over the years, I discovered something crucial: consistency, discipline, and long-term thinking significantly outweigh the choice of any specific financial product. The Retirement Dream vs. RealityIs Cash Value Life Insurance Enough for Retirement?Defining Retirement: What Does It Really Mean?The Importance of Consistent Savings and DisciplineWhole Life vs. VUL and IUL: Stability and GuaranteesThe Myth of "Zero is Your Hero" in Indexed Universal Life (IUL)Cash Value Life Insurance as Part of a Comprehensive Retirement PlanThe Infinite Banking AdvantageCan You Rely Solely on Cash Value Life Insurance?Book A Strategy Call The Retirement Dream vs. Reality By the end of this article, you will clearly understand whether cash value life insurance—such as whole life, variable universal life (VUL), or indexed universal life (IUL)—can sufficiently fund your retirement. We'll explore the advantages and drawbacks of using life insurance as your main retirement tool, emphasize the critical importance of consistent saving, and outline how to effectively integrate life insurance into a comprehensive retirement plan for optimal security and growth. Furthermore, you'll understand why no single financial instrument is perfect for everyone, and why a diversified, well-balanced retirement strategy that includes guaranteed income, buffer assets, and growth-oriented investments can lead to lasting financial security and peace of mind. Is Cash Value Life Insurance Enough for Retirement? Defining Retirement: What Does It Really Mean? Many of us grow up envisioning retirement as a milestone where we stop working at age 65 and comfortably live off our accumulated savings. However, this traditional model presents significant challenges. The reality is that you're often expecting 40 years of work to fund potentially 30 or more years of retirement, especially as life expectancy increases. Rather than viewing retirement as an abrupt halt to working life, a more sustainable approach is to see retirement as a transition to financial independence. Instead of merely accumulating savings, focus on acquiring cash-flowing assets, such as rental properties, dividend-producing stocks, or profitable businesses, which can continuously generate income regardless of market fluctuations. The Importance of Consistent Savings and Discipline Bruce emphasizes that consistent saving and disciplined behavior are the foundation of successful retirement planning. Unfortunately, many people fall short in their savings efforts early in life, later attempting to compensate by chasing higher-risk investments for potentially greater returns. This strategy often introduces unnecessary risk precisely when financial security is most critical. Establishing disciplined savings habits early and maintaining them throughout your career is far more important than selecting the "perfect" financial product. Time and consistency enable compound growth, providing greater financial security in your retirement years than riskier, late-stage investments ever could. Whole Life vs. VUL and IUL: Stability and Guarantees

Wonder how your IUL policy behaves during market volatility? In this episode, we unpack how Indexed Universal Life insurance performs in today's unpredictable market conditions. You'll discover why IUL isn't actually buying market exposure and how it creates a unique value proposition during economic downturns. Learn about the annual reset feature that prevents you from having to recover losses before moving forward. This reset magic means your policy can take advantage of market rebounds without dragging the baggage of previous declines. You'll understand why this makes IUL especially valuable for retirement income strategies. We explore how IUL has evolved beyond simple caps and floors to offer more sophisticated options including lock features and alternative indices. Discover how these innovations help weather financial storms and why, despite not outperforming the market during bull runs, IUL provides an important hedge against bad conditions in your overall retirement portfolio. _________________________ Ready to explore how IUL can strengthen your retirement strategy? Contact us today to learn if this approach aligns with your financial goals. We'll help you understand the benefits of adding IUL to your portfolio and show you how it can provide stability when markets get turbulent.

This episode of the Broker Link podcast discusses the upcoming Life Symposium on May 20 at the new Flower Mound office. Chris Newberry and Crystal Bustillos from the Life team highlight new features like the Vive platform for term insurance, which allows agents to run quotes and apply directly. The symposium will cover various life insurance products, including term, IUL, long-term care, final expense, and worksite products. It will feature presentations from carriers and other partners, with a fast-paced schedule and a working lunch. Registration is encouraged as space is limited. Additionally, monthly webinars and custom partner program calls are available for further training and support. To RSVP to the Life Symposium, click on this link: https://thebrokerageinc.com/training/life-symposium-dfw/ Learn more about partnering with The Brokerage Inc. by visiting our website, www.thebrokerageinc.com. Remember to like, share, and subscribe to our show!  New episodes are available every Tuesday. Join our Community! LinkedIn: https://www.linkedin.com/company/the-brokerage-inc-/   Facebook:  https://www.facebook.com/thebrokerageinc/  Instagram:  https://www.instagram.com/thebrokerageinc/  YouTube:  https://www.youtube.com/@TheBrokerageIncTexas  Website:  https://thebrokerageinc.com/ 

The Moneywise Radio Show and Podcast Thursday, April 17th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Manageme instagram: MoneywiseWealthManagement Guests: Danielle Cox, Miramar International Calloway & Elizabeth Cardenas, Fundraising Chair website: www.repfrf.org/ facebook: The Real Estate Professionals Family Relief Fund Presents "5th Annual Golf Tournament"  Register Now by calling Danielle at 661-496-7318 or email Danielle at Danielle.Miramar@gmail.com  

In this new episode of the Follow the Money podcast, Jerry Robinson tackles four of the most dangerous financial lies Americans believe—and the truths that can set them free.From the myth of “buy term and invest the rest” to the risks of relying solely on the stock market in retirement, Jerry breaks down each idea with clarity and conviction.He also explains why having only one income stream is a recipe for stress, and why legacy planning isn't just for the wealthy.Listeners will walk away with practical steps to strengthen their financial foundation.If you're serious about building lasting wealth and protecting your future, this episode is a must-listen.

We all know that you can't time the market and when a client is entering the distribution phase of their retirement planning, this becomes an increased concern. In this episode, we take a deep dive into how utilizing an IUL allows your clients to strategically use the plan to fund their retirement.  Adding a life insurance solution not only offers death benefit protection but also options and flexibility within their portfolio to navigate market fluctuations. By understanding the impact of market cycles and how asset location can impact retirement income, your clients can plan for the unexpected. Indexed universal life insurance (IUL) provides powerful tools to help safeguard your clients' portfolios with a tax-advantaged solution.  Case Study discussed in the episode

This episode of The Power of Zero Show is part of David McKnight's podcast interview with Caleb Guilliams and Tom Wall, PhD. David touches upon a recent Ernst & Young study where whole life insurance was used as a buffer-type strategy. When it comes to the “risk continuum”, David sees IUL as slightly on the right side of whole life insurance. IUL is something worth doing only if you think that risk premium can get you a slightly higher rate of return over time. David recognizes that IUL has risks but that, in exchange for those risks, you can get somewhat of a higher rate of return.  Whole life policies aren't something David sees as designed to build money up and then take money out permanently. One of the reasons why David likes the IUL is because you can find a carrier that gives you a guaranteed 0% loan. Some may argue that Wade Pfau, who wrote the foreword for David's latest book, The Guru Gap, prefers whole life instead of IUL. David's stated objective is to build up your net worth as effectively as you can. His suggestion for the accumulation period is to save as well as you can and to mostly invest in stocks. David explains his preference for IUL over whole life policies.   Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Ernst & Young Dave Ramsey Wade Pfau

You're about to discover what really happens with indexed universal life insurance policies based on actual data, not hypotheticals. The average index credit across our database of IUL policies is 7.93% - significantly higher than the 5.25-6% assumptions typically used when modeling these products. This episode breaks down how IUL policies have performed in the real world, including older policies with different cap rates and floor structures. You'll learn why the timing of interest payments matters and how the fluctuation between zero and cap rates creates meaningful long-term growth with no risk to principal. Whether you're considering IUL or already own a policy, these historical results offer valuable perspective on what you can realistically expect. Next week, we'll compare these findings with whole life insurance performance to give you a complete picture of your cash value options. __________________________ Click Here to Contact Us and discover how our tailored policy design can strengthen your financial future.

This episode of The Power of Zero Show is part of David McKnight's conversation with Caleb Guilliams and Tom Wall, PhD. David touches upon the “dangerous partnership” between the American people and the IRS. David is an advocate for a balanced, comprehensive, approach to tax-free retirement – he explains why that's the case. One of the things David likes about IULs is the fact that they can perform specific applications that no other stream of income, such as Roth IRAs and Roth 401(k)s, can do. David goes over the unique trait of each of the streams of tax-free income he sees as key components of “the Holy Grail of financial planning”. A Roth IRA, for example, gives you immediate liquidity, while a Roth 401(k) gives you a match. A Roth Conversion allows you to convert an unlimited amount of assets to tax-free. Taking money out of your IRA up to your standard deduction allows you to get a deduction on the front end, grow your money tax-deferred, and take your money out tax-free. An IUL, on the other hand, enables you to get a death benefit in advance, for the purpose of paying for long-term care. A balanced, comprehensive, approach to tax-free retirement capitalizes on all the nooks and crannies in the IRS tax code. David is in agreement with a recent Ernst & Young study inviting people to have 30% of their retirement savings go towards cash-value life insurance. Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com TikTok Ernst & Young

Brian T. Bradley, JD. Esq. is a distinguished Asset Protection Attorney, Financial Planner, and #1 Best Selling Author of the book: Over Exposed! Brian is also a husband, father, and highly ranked Brazilian Jiu Jitsu practitioner. He is a sought-after educator and speaker in both the legal and financial spheres. Brian is the founder of Bradley Legal Corp and Bradley Financial Planning and is passionate about educating people against legal attacks on wealth and empowering people to take charge of your financial well-being by leveraging tools like The Hybrid Bridge Trust and personalized tax-deferred financial strategies. What You Will Learn: Who is Brian T Bradley? What led Brian Bradley to specialize in asset protection? How does he define asset protection, and why is timing important in establishing it? What misconceptions do people have about asset protection, especially in relation to taxes and trusts? What are the limitations of LLCs in providing asset protection? What types of trusts can be used for asset protection, and what are the differences between them? Why is it important for high-risk professionals to have a solid asset protection plan? What are the benefits of a hybrid trust in asset protection? What is the difference between term life insurance and permanent life insurance? How do whole life insurance and indexed universal life insurance (IUL) differ in terms of cash value and growth? Why is it important for individuals to consider both life insurance and asset protection in their financial planning? What are the advantages and disadvantages of using annuities compared to 401(k) plans? How can individuals ensure that their annuities are inheritable for their beneficiaries? What financial strategies should someone with real estate investments consider when planning for retirement? Why is it essential to have a comprehensive estate plan, and what elements should it include? How can individuals prepare for potential financial gaps, such as those arising from medical expenses or legal issues? What advice does he offer for planning and implementing financial protection strategies over time? Brian shares how everyone can contact him. Additional Resources from Brian T Bradley: Website: https://btblegal.com/ Email: brian@btblegal.com Phone: (888) 773-9399 LinkedIn: https://www.linkedin.com/in/brian-t-bradley-esq-a47a7b12/ Facebook: https://www.facebook.com/profile.php?id=100035926521724 X: https://www.x.com/TahoeVandals99 YouTube: https://www.youtube.com/channel/UC-9W72jqtV_ze45Lz6pwjgA Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW! Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

David McKnight @DavidMcKnight the bestselling author of, The Power of Zero & Tom Wall, PhD in retirement income and the author of, Permission to Spend dialogue on indexed universal life (IUL) vs whole life insurance in retirement. Which is the right option for you and why do these two giants in the retirement industry prefer one product over the other.Sign Up for the Whole Life Insurance Summit: https://thewholelifesummit.com/Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vaultWant a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity ______________________________________________ ✉️ Email BetterWealth: https://bttr.ly/infoWEBSITE: https://betterwealth.com====================DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

Building your wealth is just like layering up for a winter storm—protect yourself at every stage of life and investing journey. Discover how asset protection can work for you from day one, all the way to planning for post-retirement financial security! In this episode of Exit Strategies Radio Show, Brian Bradley, a distinguished Asset Protection Attorney, Financial Planner, and #1 Best Selling Author of Over Exposed dives into a comprehensive overview of building and protecting your wealth.  As the founder of Bradley Legal Corp and Bradley Financial Planning and highly ranked Brazilian Jiu-Jitsu practitioner, Brian walks us through the concept of layering in asset protection, likening it to dressing in winter layers. Starting from basic LLCs and insurance as the foundational layer, to more advanced strategies involving management companies and asset protection trusts, the episode emphasizes flexibility and planning at various stages of investing.  Brian talks about key strategies for ensuring your wealth stays secure as you age, including considerations like long-term care insurance, medical costs, and how to use indexed universal life (IUL) policies with long-term care riders to protect your assets. He also discusses how to prepare for retirement and set up annuities or rollovers to safeguard your income as you transition into your later years. Key Takeaways: 03:13 Brian's Background and Asset Protection 05:24 Asset Protection Basics 08:05 Advanced Asset Protection Strategies 11:34 Financial Planning and Insurance 16:33 Generational Wealth and Legacy 22:22 Hybrid Trusts Explained 26:25 Final Thoughts and Takeaways Brian's book, Overexposed: How to Create Ironclad Protection for Your Wealth and Make Your Assets Untouchable with a Hybrid Trust, provides a detailed breakdown of asset protection strategies, including the ins and outs of hybrid asset protection trusts. This book is a must-read for anyone serious about securing their wealth for future generations. Connect with Brian@: E-mail address: brian@btblegal.com LinkedIn: https://www.linkedin.com/in/brian-t-bradley-esq-a47a7b12/ Website: https://btblegal.com/  YouTube: https://www.youtube.com/channel/UC-9W72jqtV_ze45Lz6pwjgA Connect with Corwyn@: Contact Number: 843-619-3005 Email: corwyn@corwynmelette.com Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠ FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠ Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠ Website:⁠ https://www.exitstrategiesradioshow.com⁠ Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠ Shoutout to our Sponsor: ROBYN COLLINS Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.  Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today  ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today.

Join us as we break down what it really takes to build a $1 million retirement fund using IUL (Indexed Universal Life Insurance) versus traditional market investing. We explore how saving $17,852 annually over 25 years can lead to different outcomes depending on your chosen strategy. Through practical examples, we'll show you why account balances don't tell the whole story and help you understand how IUL's unique features - tax efficiency, low volatility, and flexibility - compare to market investments for retirement income planning. We discuss real scenarios from recent years, including market volatility in 2020 and 2022, to demonstrate how different retirement strategies perform under stress. If you've wondered whether you should focus on market investments, IUL, or a combination of both, this episode offers a straightforward look at the numbers and trade-offs you need to consider. ________________________________ If you'd like to take a look at a policy for yourself, we'd love to help, just click right here to contact us. 

Join us as we explore how Indexed Universal Life (IUL) insurance can support a dynamic approach to retirement income planning. We examine why treating retirement income as a static number often doesn't match reality. Using real examples, we break down different withdrawal scenarios—from steady increases to accommodate inflation to varying distributions that match the traditional "retirement smile" spending pattern. You'll learn how a $1 million IUL policy can potentially support changing income needs over a 30-year retirement. We keep it practical and focused on what matters most: generating reliable, spendable income throughout your retirement. IUL's combination of tax efficiency and low volatility demonstrates how this tool can help you prepare for significant life changes, including late-life expenses like long-term care. _______________________________ If you'd like to explore using an IUL policy to build out a portion of your retirement income plan, please click here to contact us. We can help.

Join us for this week's Product Call with Gina Hawks as she goes over how to do IUL illustrations with F&G. It's a great chance to learn and sharpen your skills to help more clients—don't miss out!

This week hosts Anthony Faso and Cameron Christensen unravel the complexities of financial products to guide you toward building steadfast wealth. Anthony and Cameron take a deep dive into the world of Indexed Universal Life (IUL) insurance, often humorously dubbed the "redheaded stepchild" of insurance products. Drawing from the financial philosophies of Robert Kiyosaki and Nelson Nash, they dissect the intricacies of IUL, Universal Life, and Whole Life insurance, exposing risks, benefits, and the underlying market trends that shape these products. With casual banter and insightful analogies, they strive to help listeners make well-informed decisions about their financial futures. Don't miss this episode packed with invaluable insights and practical tips!   Resources: Join the Infinite Wealth Study Group: https://www.facebook.com/share/g/qC3sAWg6PhHYpRAs/  Schedule your 15-minute call with Anthony or Cameron here: http://bit.ly/iwc15podcast Check our online course at www.InfiniteWealthCourse.com Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC 

In this live screen share session, Eddie Gartner, a trusted financial expert, dives deep into an Indexed Universal Life (IUL) policy that a client brought to him for review. Eddie carefully examines the fine print, breaks down the numbers, and exposes the red flags that make this policy a scam. With a clear, professional analysis, Eddie explains how misleading projections and hidden fees can hurt policyholders in the long run. He also shares valuable insights on what to look for in a legitimate life insurance policy to protect your financial future. Don't fall victim to deceptive practices—watch this video to learn how to spot a bad policy and make smarter financial decisions.

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down the complexities of Roth IRAs versus IULs. They discuss how Roths provide tax-free growth and accessibility, while IULs offer insurance benefits but demand careful financial management.Here are some of the highlights:Mark and Mat begin by introducing the topic of discussion, noting the popularity of IULs among young people and the confusion surrounding their use as a retirement alternative.Mark shares a personal anecdote about his cousin considering a life insurance policy for retirement, highlighting the need for careful consideration.Mat explains the basics of IULs, including their combination of term life insurance and a cash value component that grows tax-free.Mark and Mat touch on the ease of accessing contributions in a Roth IRA versus the longer-term access of IUL cash value.They identify the ideal target audience for IULs as those with stable income and a need for both death benefit and investment growth.Roth IRAs should be the starting point for most people, followed by a consultation with a trusted advisor for IULs.The importance of individualized advice and the potential benefits of IULs for those with specific financial needs and stable income.How Roth IRAs offer a simpler, more accessible entry point for long-term wealth building. Grab my FREE Ultimate Tax Strategy Guide HERE! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification. You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360 Looking to connect with a rock star law firm? KKOS is only a click away! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!

In this episode of Lunch and Learn Live with Lynn, we dive into the critical topic of life insurance and its role in securing your financial future and protecting your loved ones. Did you know that only 52% of Americans have life insurance? Lynn explores the importance of life insurance, especially during Life Insurance Awareness Month, and discusses real-life stories that highlight why proper coverage is essential. She breaks down the two main types of life insurance: term life insurance, with its straightforward and affordable structure, and permanent life insurance, which offers lifelong coverage with added benefits like cash value accumulation. Lynn also explains the different variations of permanent life insurance, such as whole life, universal life, and index universal life (IUL), and how they can be tailored to your financial goals. Learn about the potential benefits of IUL policies, from tax-deferred growth and market-linked returns to supplemental retirement income options. Whether you're approaching retirement, currently retired, or considering life insurance for younger family members, this episode offers valuable insights into making informed decisions about your financial security. Join Lynn for this essential conversation and take the next step in safeguarding your future!

When it comes to financial security and control, many people seek clarity around Infinite Banking and the role life insurance plays. The idea of using whole life insurance to gain financial control, create guaranteed growth, and build generational wealth sparks curiosity about how life insurance companies actually manage the funds. In today's post, we're exploring where life insurance companies invest their money. https://www.youtube.com/live/zoWGLogOJk4 Many people bring misconceptions into conversations about finance, especially around life insurance. They're often convinced by past experiences or teachings that certain financial products or strategies are inherently “better.” However, as Bruce Wehner shared recently on our podcast, one of his clients experienced a breakthrough moment—a realization about why using whole life insurance with a shorter, more limited period to pay premiums actually limited his options later. With a longer, more flexible term, he gained more control, allowing him to maximize the power of his policy long-term. Moments, like these highlight that, sometimes, truly understanding a financial concept, requires experience. In this blog, we'll address these essential questions: Where Do Life Insurance Companies Invest Their Money? Why Not Indexed Universal Life (IUL) for Infinite Banking? Mutual Companies vs. Mutual Holding Companies: What's the Difference? Is the interest on a life insurance loan variable, and can it change while there's an outstanding loan? Where Do Life Insurance Companies Invest Their Money?Why Not Indexed Universal Life (IUL) for Infinite Banking?Mutual Companies vs. Mutual Holding Companies: What's the Difference?Is the interest on a life insurance loan variable, and can it change while there's an outstanding loan?Why This Matters for Your Financial FutureBook A Strategy Call Where Do Life Insurance Companies Invest Their Money? One common question we hear is, “How do life insurance companies invest their money, i.e. the premiums they collect?” Understanding this can add peace of mind about how your policy will perform in the long run. Due to stringent regulations, life insurance companies are required to invest conservatively to ensure they can always meet their policyholder obligations. Here's a breakdown of their primary investment allocations: Bonds: Approximately 85% of a life insurance company's assets are invested in bonds, both from U.S. Treasury and corporate issuers. Bonds provide a stable and predictable income stream, essential for meeting guaranteed cash value growth. Mortgage-Backed Securities: Many companies also invest in highly collateralized real estate mortgages. These are chosen for their relatively low risk and consistent returns. Derivatives: Some life insurance companies hold a small portion of their assets in derivatives—about 3-4%. While derivatives can be riskier, insurance companies manage them very carefully to limit exposure. Policy Loans: Another portion of the company's revenue comes from loans to policyholders. Interestingly, life insurance companies appreciate the stability these loans provide. Since they hold the policy's cash value as collateral, they reduce long-term liabilities for the company and simultaneously offer a secure, predictable return. This blend of conservative investments enables life insurance companies to provide the guarantees that form the backbone of whole life insurance policies. Why Not Indexed Universal Life (IUL) for Infinite Banking? One of the first questions we often hear is: “Isn't Infinite Banking a strategy that can be used with different insurance products, like IUL or whole life?” Let's clear that up. Infinite Banking is a cash management strategy. It's a process of storing and accessing your capital, and it allows you to earn interest on your money even when you're using it. The critical part of Infinite Banking is uninterrupted compound growth.

The two main types of life insurance are term and permanent (which includes IUL and whole life). When doing a side by side comparison, term insurance is always going to be cheaper. However, there are a few other factors to consider to truly get a good comparison. And the one that costs less may surprise you. First, keep in mind that the price and the cost are two different things. The price is what you pay. We call that a monthly premium. The cost is less obvious. This is what it "costs" you in the end, including "opportunity" costs. Here are some great tips when you explain these concepts to your clients. I hope it makes sense... YouTube link: https://youtu.be/KEv1kv7WTRw If you have any questions, you can reach us here: https://lifemattersagency.com/contact/ If you're an agent looking for a mentor, start here: https://lifemattersagency.com/insurance/ Have an idea or topic suggestion? Talk to me: https://forms.gle/6aLkM8MSTwH4eteVA#lifematters #lifeinsurance #wholelifeinsurance #agentsforlife #lifeinsuranceagent #infinitebanking

In this episode, we explore how Indexed Universal Life Insurance (IUL) might perform in a potentially lower-return market environment. We discuss why IUL products could actually thrive during market downturns, especially in a high interest rate environment, and explain how their fixed account options provide additional flexibility. You'll learn about the key differences between static growth in whole life insurance versus the more dynamic potential of IUL policies. We break down how IUL's underlying mechanics work during various market conditions and why these products might offer better protection than you think against market volatility. Join us as we examine why the relationship between IUL performance and stock market returns isn't as straightforward as many believe, and why these products might deserve a second look in today's economic climate. ______________________________________ If you'd like to see how indexed universal or whole life might work for you, please click here to contact us. We are life insurance agents and can help you set up a policy that accomplishes your specific goals. 

In this episode, we tackle the trending claims about Indexed Universal Life Insurance (IUL) as a path to wealth. We discuss why IUL isn't a get-rich-quick scheme and explain its actual purpose as a conservative financial tool. You'll learn about IUL's real performance compared to whole life insurance and the stock market. Understand its role in tax diversification, and discover when it might make sense as part of your financial strategy. If you've seen social media posts promising incredible returns from IUL or are considering it for your portfolio, join us for an honest discussion about what this product can and cannot do for your financial future. ___________________________ If you want to see what an IUL policy can do for you (realistically), please click here to contact us.

Community Connection Thursday, October 31st, 2024 Today on Community Connection, veteran Democratic strategist Ms. Cordelia Lewis-Burks returns with her closing statement ahead of Election Day! Then, Maternal and Child healthcare in Indiana is among the worst in the nation, a disturbing statistic is even worse for Black mothers. We welcome an esteemed panel led by the Indianapolis Urban League's Director of Health and Wellness Tallulah Easley to the show to speak out about these disparities, and the IUL's efforts for change! To register for the Indianapolis Urban League's Maternal and Child Health Convening, visit indplsul.orgSee omnystudio.com/listener for privacy information.

We open our four-part series with Crump President & CEO Mike Martini and Senior VP of Underwriting Chris Cook discussing the evolution of life insurance, featuring historically low pricing and innovative products like VUL and IUL. They explore the shift from traditional death benefits to products centered on wealth accumulation and healthy living. Plus, learn about the rise of "living insurance," where post-issue wellness monitoring helps policyholders maintain better health. With innovative product designs and accelerated underwriting, life insurance is now more accessible, flexible, and aligned with today's financial needs.

In this episode, we ask: Why do indexed universal life policies (IUL policies) sales continue to grow? Why do we choose whole life insurance over other products? What about the refractor? How much risk are you comfortable taking with money you're not willing to lose? Where are you on the risk scale (1-10)? How is...

Special guest Marc Russell, founder of BetterWallet, joins us to help our community build investment portfolios for financial security, legacy building, and retirement. After spending six years at Vanguard Group as a stockbroker and financial advisor, Marc built his own six-figure investment portfolio. On this show, he'll guide us through how to properly prepare for retirement and how to overcome fears surrounding it. Do you worry about having enough money for retirement? Will you need to drastically downsize your lifestyle? Is it too late to start investing if you've never understood it before? Should you choose a 401K, IRA, or IUL? If you've ever asked yourself these questions, this is a must-listen to show! ALL I ASK IS THAT YOU THINK --- Support this podcast: https://podcasters.spotify.com/pod/show/montoya-smith/support

In this episode, we ask: Would you like to hear the epic rap battle of insurance policies? Would you like to experience this lyrical throw down of the ages? Has Mark finally lost it?! Did whole life's guaranteed cash value reign supreme or did IUL's (indexed universal life insurance) market-linked potential steal the show? Who...

In this episode, we discuss the ongoing debate surrounding Indexed Universal Life (IUL) insurance. We address recent criticisms of IUL, including claims about its complexity and suitability for consumers. You'll hear our perspective on why many of these criticisms may be overblown or misplaced.  We break down a recent court case involving IUL and premium financing, explaining why we believe this case reflects more on the misuse of premium financing than on IUL itself. We also discuss the relatively low number of lawsuits against IUL products compared to the volume of policies sold. We share our insights on: - The reality of zero-interest years in IUL policies - Why we believe IUL isn't as complex as some claim - The importance of proper product application and sales practices - How IUL compares to other life insurance products in terms of expenses Throughout the episode, we emphasize that while IUL can be misused or missold like any financial product, the core product itself isn't inherently problematic. You'll come away with a balanced view of IUL's pros and cons and a better understanding of what to consider if you're considering this type of policy. ______________________________ If you're considering any type of cash value life insurance purchase, including IUL, we can help. Please click right here to get in touch with us and we'll be happy to look at your unique situation. 

This episode is part of David McKnight's interview with Mark Byelich, founder and owner of Attleboro Wealth Management. David and Mark discuss why the money inside a Life Insurance Retirement Plan (LIRP) "bucket" is treated differently for tax purposes and benefits from low fees. When it comes to life insurance, David recommends "having as little of it as the IRS requires, and stuffing as much money into it as the IRS allows." Remember: not all Indexed Universal Life (IUL) policies are created equal. Starting an IUL is like getting married – it only works if it's 'til death do you part. Mark and David touch on the so-called IUL deal-breakers. David is firm in his view: for LIRPs and IULs, you must ensure a 0% loan is guaranteed in the contract. David also shares one of the biggest reasons his clients tend to favor an IUL. Mark Byelich highlights a significant risk that he and his team monitor closely. David and Mark discuss participating and variable loans, as well as interest in arrears – and David explains why he's recently taken a step back from a particular approach. David is a fan of the COMDEX rating, and he explains why, along with one of the Achilles' heels of life insurance policies. Mark recommends reviewing your financial plan annually. David shares why they only do business with companies that conduct daily or weekly sweeps.     Mentioned in this episode: David's upcoming book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Mark Byelich Genworth Cost of Long-Term Care  Dave Ramsey Suze Orman Moody's S&P COMDEX rating

In this episode, I sit down with Edward Pritchett to dive into what life insurance agents need to know about selling IUL's and the concept of "tax-free living." Edward brings his wealth of knowledge to life, breaking down powerful tax-saving strategies that every agent should understand. If you want to help your clients build wealth and save on taxes, this is a must-watch! Pre-Order Edward Pritchett's book here: https://tax-freeliving.com/ #indexeduniversallife #taxfree #lifeinsurance #insuranceagent

In this episode, we explore how indexed universal life (IUL) insurance can serve as a powerful income play for your retirement planning. We dive into the mechanics of IUL, comparing it to whole life insurance and explaining why it offers potentially higher returns with a wider range of outcomes. You'll learn about the unique features of IUL that make it an attractive option for generating retirement income. We discuss how IUL provides upside potential without the downside risk typically associated with market-based investments. We explain how the product's floor protects your cash value during market downturns while still allowing for significant growth in positive years. The episode covers real-world examples of IUL performance, showcasing how policies with substantial cash values can experience remarkable growth. We break down the numbers, demonstrating how even modest returns can lead to significant income potential due to the tax-advantaged nature of policy loans. We also address common concerns about IUL, such as expenses and the impact of zero-interest years, providing clarity on these often misunderstood aspects. Whether you're considering IUL as part of your retirement strategy or simply want to understand more about this financial tool, this episode offers valuable insights into why IUL can be an excellent choice for creating a reliable income stream in retirement.

In this episode, we ask: Are we in a retirement crisis in this country? How was that agent trained? What is the problem with indexed universal life insurance (IUL)? Have you read the book Becoming Your Own Banker by Nelson Nash? Would you like to hear Episode 312? Have you read Pamela Yellen's book The Bank...

In this episode we answer emails from Phil, MyContactInfo, and Eric.  We discuss implementing factor investing and making portfolio adjustments in a risk-parity style portfolio, HECOMs and other considerations about reverse mortgages and buffered products, the fundamental problems with IUL that need to be accounted for before using it, and just how rich you probably need to be to be using insurance products as investments.  Hint:  You are not that rich.Links:Swedroe Factor Investing Book:  Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today by Andrew L. Berkin | GoodreadsLong View Podcast About HECOMs:  Don Graves and Wade Pfau: How - The Long View - Apple PodcastsAndy Panko Cautionary Video About IUL:  Beware of misleading Indexed Universal Life insurance ("IUL") illustrations (youtube.com)Andy Panko IUL Critique On Big Picture Retirement Podcast:  Unmasking the IUL Sales Pitch with Andy Panko (bigpictureretirement.com)Private Placement Life Insurance:  How Does Private Placement Life Insurance Work? - ValuePenguinAmusing Unedited AI-Bot Summary:Is your portfolio prepared for the next economic downturn? Join us on this episode of Risk Parity Radio as we tackle an intriguing email from Phil, a listener from Portugal contemplating a major portfolio overhaul. We dig deep into the nuances of factor investing, particularly momentum and profitability factors, and offer critical advice on the potential risks of reducing bond allocations in favor of equities. We emphasize the importance of leveraging financial analysis tools like Portfolio Charts and Portfolio Visualizer to make informed decisions, and stress the need for a balanced approach throughout both the accumulation and decumulation phases of investing.We also navigate the labyrinth of investment strategies and financial products, evaluating the pros and cons of dollar-cost averaging amidst market volatility, and scrutinize costly options like Home Equity Conversion Mortgages (HECMs) and Indexed Universal Life (IUL) insurance products. Highlighting the potential pitfalls of these profit-driven offerings, we advocate for well-diversified portfolios as the cornerstone of robust financial planning. Tune in to discover practical tips on managing taxable accounts, avoiding misleading insurance products, and achieving optimal portfolio performance, all while staying grounded in sound financial principles.Support the Show.

Send us a Text Message.Call this podcast what you think you know about SERPs but that's not fact.Two truths are plain: senior credit union executives want to secure their retirement much as their for profit sector peers do AND there just is a lot of confusion about SERPs - supplemental retirement plans.A big reason for this show is that in it Kirk Kordelesi, onetime CEO of Bethpage Federal Credit Union, one of the nation's largest, and now a partner with PARC Street, shines a bright light on how split dollar, whole life SERPs work and how they differ from IUL plans, Index Universal Life.A bottomline difference is that a split dollar SERP will produce a stable return whereas there is structural variability built into the results an IUL will produce.Find out more about that in this webinar with expert Bobby Samuelson and PARC Street Partners.  Dive deeper into what Kordeleski has said about executive retirement plans in credit unions in the two dozen plus podcasts we've recorded. Consider this must listening for credit union c-suiters, board members, and also executive recruiters.Listen up

This episode addresses Suze Orman's epic IUL rant on her Women and Money podcast. Suze Orman begged her audience not to do Index Universal Life insurance policies. This very broad brush and no nuance approach of every financial guru is what David's upcoming book The Guru Gap touches upon. David explains why the generic approach financial gurus tend to have is leading people astray. David brings up Orman's advice to one of her listeners who has been investing $200/month into an IUL policy. David recreated this listener's exact policy through one of the top IUL carriers in the industry – he shares his findings. Starting an IUL is like getting married: it only really works if you plan on keeping it until death do you part. David goes over the reason why IUL should be the last bucket to turn to for liquidity in the early years.  These days, most IUL carriers these days allow you to receive your death benefits in advance for the purpose of paying for long-term care. David believes that “an IUL can serve as a great volatility shield in retirement”. A recent Ernst & Young study showed how people can dramatically increase their sustainable levels of income in retirement in the context of IULs.     Mentioned in this episode: David's upcoming book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Suze Orman's Women and Money Podcast Ernst & Young

Want FREE Permanent Life Insurance Education? Go Here: https://bttr.ly/vault Want a Life Insurance Policy? Go Here: https://www.betterwealth.com/clickhere-life-insuranceChris Kirkpatrick from Life180 and Terry Rocks, the President & Founder of Teleios Financial Partners debate live on the very heated topic of whole life insurance vs IUL (indexed universal life). In this debate Chris and Terry cover a wide array of topics, all centered around the questions of, which permanent life insurance product is better and which is the right option for you?__________________________________________✉️ Email BetterWealth: https://bttr.ly/infoWEBSITE: https://betterwealth.com====================DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

In this episode I opened up some questions to the Facebook Group and broader Instagram following and took those questions and answered them on this week's show. I'd always encourage folks to talk to a professional before making any decisions, again these are my opinions and not investment advice. The questions were as follows:What should the ideal savings rate be to get to financial freedom? Where are the areas in the investable universe today that are interesting - outside of bitcoin? What do you think about whole life IUL policies? Also how to best protect investments in uncertain economic climates (ie now)? Also how to structure generational wealth management plans?You see, all the posts about “real estate” is the best way to build long term wealth. What are your thoughts? Given economic uncertainty, is starting or buying a practice still a good idea today? What is one thing you learned about investing that you've changed your mind on the past couple of years? Our Sponsors GuardianVets (be sure if you reach out to mention us for 50% off your first month) Granite Peak Associates

Why does whole life insurance have such a negative reputation when it offers incredible value? For years, this financial tool has been misunderstood, leading many of us to overlook its potential benefits.   But what if I told you that whole life insurance could be the key to securing our financial future and ensuring we leave a lasting legacy?   Many of us have dismissed it without truly understanding how it works or the risks it helps to mitigate. The truth is, whole life insurance is a powerful tool that guarantees not only financial security but also peace of mind, knowing our loved ones will be taken care of.   Are we aware of the risks we might face in our retirement years, such as market volatility or unexpected expenses? Have we considered how whole life insurance could play a crucial role in protecting our assets and providing a reliable source of income?   In this episode, speaker, author, and coach to financial advisors Tom Wall joins me to discuss the concept of whole life insurance, why we should consider it in our retirement plans, and his personal take on its value.   Whole life takes the risk off the table. -Tom Wall   Three Things You'll Learn In This Episode    -Take risk off the table This powerful financial tool provides a stable, reliable way to build wealth while ensuring that your loved ones are taken care of, no matter what happens in the markets.   -IUL vs. whole life Is IUL more complex to understand than whole life? Which one will benefit us more in the long run?   -The volatility buffer concept What exactly does the volatility buffer concept mean? How can it benefit us? Guest Bio   Tom Wall has spent the entirety of his 20-year career positioning whole life insurance and competing against his alternative.  Starting in college as an award-winning advisor with Northwestern Mutual before moving his practice to MassMutual, he subsequently grew his career in prominent home office roles in sales and marketing leadership.  In those roles, he developed into a renowned storyteller and product expert at perennial company conferences and firm meetings nation-wide.   Tom's Ph.D. is in retirement income planning, with original research on Whole Life as a Fixed Income Alternative under the advisement of industry thought leaders Wade Pfau, Michael Finke, and Stephen Parrish. His focus on academic integrity and decades of sales experience combine to make him a uniquely credible and inspirational voice in the life insurance space.   Tom now coaches and consults with financial advisors, hosts the Whole Life Masterminds study group, and has published his first book titled “Permission to Spend: Maximize Your Retirement with the Best Kept Secret in Personal Finance.”  Tom lives in the greater Boston area with his two sons age 12 & 9, and is an avid golfer and traveler.   Visit https://www.permissiontospend.com/  Find Tom on LinkedIn @Tom Wall Follow Tom on Instagram @tomwalltalks Visit https://www.wholelifemasterminds.com/    About Your Host   From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.   His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.   Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.  

Have you ever wondered what really drives changes in indexed universal life (IUL) insurance cap rates? This episode delves into the mechanics behind these complex financial products. You'll learn why company profitability isn't the main factor influencing cap rates, participation rates, and spreads in IUL policies. Instead, discover how market conditions, particularly interest rates and option pricing, are crucial in determining these features. We explain the differences between whole life and universal life insurance and why IUL products can react more quickly to market shifts. You'll also gain insight into how insurance companies use option collar strategies and manage their budgets to set indexing parameters. Understanding concepts like volatility's impact on option prices and the relationship between bond yields and indexing budgets will better equip you to evaluate IUL policies. Whether you're considering purchasing an IUL or simply want to expand your financial knowledge, this episode offers valuable, practical information without the fluff. _____________________________ If you'd like some help looking at options for indexed universal life (IUL) policies, we'd be happy to help. Just click right here to get in touch. 

Would you like to sell more life insurance? This episode is for you! Van Mueller and David McKnight break down effective strategies to sell policies for your clients. They dive into the best policy options that can leverage your client's money and potentially reduce their income tax liability. Plus, they're sharing the pros and cons of various permanent life insurance options, such as Index Universal Life (IUL) and Variable Universal Life (VUL), and how they can be utilized as a "volatility shield" in retirement planning. Tune in to learn how to provide your clients with tailored solutions that address their unique financial goals and concerns.HIGHLIGHTS00:00 What should you do to help clients choose the right permanent life insurance product?02:45 The benefits of IUL that can provide your clients added financial security.05:45 The strategies to minimize income tax liability through life insurance.08:30 How do you use life insurance to combat economic challenges like taxes and inflation?RESOURCES + LINKSWatch the full episode on YouTube: HEREJoin Thousands of Insurance Agency Owners and Build Your Business - With our Proven System Responsible for over 200 million in Insurance Sales! FREE 7-Day Demo TRY NOW  Learn to Become a 6 Figure Life Insurance Producer HERETrain Your New Hire in Just 10 Days HERE"Game Changer: Taking Your Insurance Agency To The Next Level" by Michael Weaver: Unlock the secrets to success in the insurance industry. ORDER NOWConnect Directly with Us:Text "BUZZ" to (816) 727-7610 to chat directly with MichaelFOLLOWWebsite: https://www.weaversa.comLinkedin: https://www.linkedin.com/in/michaelweaverwsa/Facebook: https://www.facebook.com/themichaelweaverInstagram: https://www.instagram.com/_michaelweaver_/Youtube handle: @michaelweavertraining https://www.youtube.com/@michaelweavertrainingJoin Thousands of Insurance Agency Owners and Build Your Business - With our Proven System Responsible for over 200 million in Insurance Sales! FREE 7-Day Demo TRY NOW

Today's video comes from David's interview with Dave Christy. They discuss how life insurance and annuities can help maximize your retirement.  They start by describing the three different ways cash value life insurance can positively impact your financial plan.  David reveals how IULs can be an excellent replacement for the bond portion of your portfolio.  David explains why most people get heartburn when they think about paying for traditional long-term care.  David goes over the unique aspects of cash value life insurance--if you ever need long-term care, the insurer will start paying your benefits in advance of your death to pay for long-term care.  David covers how cash value life insurance can extend the life of your investments when it comes to sustainable withdrawals in retirement.  According to David, the problem with the 4% Rule is that it's an expensive way of mitigating longevity risk.  David describes how cash-value life insurance works and why it's an excellent volatility shield in retirement. When you utilize cash value life insurance, annuities, and traditional investing together, you will yield higher income in retirement than any other alternative.  Dave defines prudent asset allocation and how to use it to protect your retirement. They both agree that the number one rule to being a successful investor is to not sell things when your investments are down.  For David, every investor should aim to accumulate three to five years worth of living expenses in their cash value life insurance by day one of retirement.  The IUL is not a stock market replacement. But it will give you more productive returns than a whole life policy.     Mentioned in this episode: David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com

In this episode, we explore the complexities and misconceptions surrounding one of the most versatile insurance products out there. Universal life insurance often gets a bad rap from agents who parrot outdated claims, but there's a deeper issue at play. The vast flexibility and customization options of universal life insurance make it both incredibly powerful and somewhat intimidating. We'll discuss why the learning curve for universal life insurance is steeper than for term or whole life policies. It's not that universal life is inherently complicated; it's just less idiot-proof. From our own experience, navigating the numerous selectors in the illustration software was anything but intuitive, leading to confusing outputs and a lot of head-scratching moments. One unique aspect of universal life insurance is its lack of a specifically required premium. Unlike term and whole life insurance, universal life uses a "recommended" premium that policyholders can ignore, focusing only on the minimum required to keep the contract in force. This flexibility can lead to mistakes if agents approach it like traditional life insurance products. Join us as we explain universal life insurance in detail and offer practical advice on how to use it effectively. We'll share tips on avoiding common pitfalls and making the most of its customizable features.  ______________________ If you're interested in exploring what a universal life insurance policy (specifically indexed universal life insurance or IUL) can do for you, please click here to contact us. 

It's the 4th of July—the day we celebrate our nation's independence. It's also a great day to take stock of your financial independence.Are you on the road to financial freedom? Or are you falling under the bondage of money? It's one or the other. Either you control your money…or your money controls you. The Gift of Financial FreedomIndependence gave our nation freedom, and financial independence provides us with the freedom to make choices. When we control our money, we can decide where and how we live, where we work, and how much we work. However, financial freedom doesn't mean independence from God. Everything we have comes from Him, including our ability to earn money. James 1:17 reminds us, "Every good gift and every perfect gift is from above, coming down from the Father of lights, with whom there is no variation or shadow due to change."God's Desire for Our Financial FreedomTo achieve financial freedom, we must remember that God desires it for us so that we can be more generous and serve Him more fully. Unfortunately, many people say they'd love to give more to God's kingdom but can't afford to. The more control we have over our household finances, the more generous we can be, and that's why financial freedom is crucial.The Burden of DebtA significant obstacle to financial freedom is debt. Proverbs 22:7 warns us, “The rich rule over the poor, and the borrower is the slave of the lender.” When we're in debt, we work for someone else, not ourselves or God. The more we pay to service debt each month, the less freedom we have to use that money in other ways, including serving God.Debt is just one form of financial bondage. Another, often harder to recognize, is the mindset that material things will make us happy. When we strive to acquire more, we may find that our possessions end up owning us. Money is a tool to be used wisely, and having a lot of it can enslave us as effectively as debt if we're not careful. The Bible warns about our attitude toward wealth. 1 Timothy 6:10 says, “For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.”Signs of Financial BondageHere are some signs of financial bondage: You think about money constantly and have no peace with God. Your focus is on daily concerns rather than eternal ones. You struggle to give generously, even when you have the means. This reluctance indicates a lack of financial freedom. Additionally, a lack of contentment is a red flag. You'll never have enough if you always want more and are never satisfied with God's provision.Ecclesiastes 5:10 says, “He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity.”The Path to Financial FreedomSo, how do we get back on the road to financial freedom? If you're in debt, stop borrowing, get on a budget, and start paying down your debt. The FaithFi app can help you set up your budget quickly and easily. If you have plenty of money but no peace, try giving more. Giving breaks the power that money has to enslave us.By following God's principles for managing money—avoiding debt, saving diligently, and giving generously—you can experience true financial freedom. This freedom enhances your life and empowers you to serve God more fully and generously.On Today's Program, Rob Answers Listener Questions:How should I invest for retirement as a 26-year-old single man? As suggested by my financial advisor, I had been considering an IUL (indexed universal life insurance plan). Still, I was uncertain if that was the best option given my long time horizon and ability to take risks at my age.Should I use $6,000 from my Roth account to pay down some of my $24,000 in credit card debt, reducing it to $18,000? I contacted a debt management company, which said they could lower my interest rate to 12%, but I would have to pay $540 per month, which I can't afford. The debt management company said that if I took $6,000 from my Roth to pay the debt, my monthly payment would be around $415, which I think I can afford.I'm about to meet with my financial advisor, who I am not happy with at the moment. I'm 71 and have $265,000 left in my Wells Fargo account. How should I allocate my investments moving forward, and how should I communicate with him when I meet to discuss my portfolio?Resources Mentioned:The Sound Mind Investing Handbook: A Step-by-Step Guide to Managing Your Money From a Biblical Perspective by Austin Pryor with Mark BillerMovement MortgageRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

Want FREE Whole Life Insurance Education? Go Here: https://bttr.ly/vault Want a Life Insurance Policy? Go Here: https://www.betterwealth.com/clickhere-life-insuranceIn this BetterWealth podcast, I speak with Dan Thompson, the founder of Wise Money Tools, a financial speaker, author, and life insurance enthusiast. We talk about the compounding and leveraging effects of life insurance and discuss our contrasting opinions on topics such as IUL, Laddering policies, and popular figures like Curtis Ray, & Dave Ramsey.______________________________________________ ✉️ Email BetterWealth: https://bttr.ly/infoWEBSITE: https://betterwealth.com====================DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

Want FREE Whole Life Insurance Education? Go Here: https://bttr.ly/vault Want a Life Insurance Policy? Go Here: https://www.betterwealth.com/clickhere-life-insurance The Insurance Pro Blog: https://theinsuranceproblog.comIn this BetterWealth podcast, I speak with Brandon Roberts from, The Insurance Pro Blog as he reviews IUL's, Whole life insurance, & infinite banking. Brandon covers the risks and benefits of each product and practice to help you make a more informed decision about your goals & needs.______________________________________________ ✉️ Email BetterWealth: https://bttr.ly/infoWEBSITE: https://betterwealth.com====================DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

In this episode we answer emails from Mark, Casey, and Kyle.   We discuss transitioning from a drecky complicated Personal Capital/Empower portfolio to a simple risk-parity style portfolio, the song "Anchorage", and Sam Kinison's take on an IUL policy.Links:Father McKenna Center Donation Page:  Donate - Father McKenna CenterMark's Portfolio Analysis:  Backtest Portfolio Asset Class Allocation (portfoliovisualizer.com)Testfol.io Analysis of Mark's Portfolio:  testfol.ioLarry Kennedy Album on Spotify:  Everybody Knows - Album by Larry Kennedy | SpotifyAndy Panko's Insurance Playlist:  Insurance - YouTubeSupport the Show.

For a limited time, Spencer is offering one-on-one Military Money Coaching sessions! Get your personal military money and investing questions answered in a confidential coaching call. Real-estate returns, disability insurance, time-blocking techniques, and more! Erik Baskin is a Certified Financial Planner (CFP) and Air Force veteran. He's a fee-only, fiduciary financial planner and entrepreneur.    Main points: Separating from the military and lessons learned during the transition Military veteran entrepreneurship Knowing if real estate investing is good for you IUL policies- the math doesn't work out Why it's good to invest at all-time highs Holding onto too much cash Links: BaskinFP.com https://www.baskinfp.com/ BLUFfinance Podcast https://www.baskinfp.com/podcast Personal Finance Club Detailed Review of IUL Math https://www.personalfinanceclub.com/is-iul-a-scam-yes/ Just Keep Buying book by Nick Maggiulli https://www.amazon.com/Just-Keep-Buying-Proven-wealth/dp/0857199250 Erik Baskin on LinkedIn https://www.linkedin.com/in/erikbaskin/ Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com. If you want to maximize your military paycheck, check out Spencer's 5-star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.

Today's episode is part 1 of David's interview with Power of Zero co-founder Larry DeLegge.  The two talk about value life insurance policies, children, and whether life insurance can serve as a viable volatility shield in retirement. David shares his thoughts regarding the “IUL vs. whole life insurance policy” debate. For David, starting a life insurance policy is like getting married – he explains why. When it comes to life insurance policies, there are two key things David looks at. The first one is safe and productive growth, the second thing is a guaranteed 0% loan. David touches upon the 4% rule and the so-called volatility buffer. “The problem with the 4% rule is that it's a pretty expensive way to go about saving for retirement,” says David. A recent Ernst & Young study looked at whether there is any reliable way to get an 8% distribution rate. David cites a study that said that bonds are much more correlated to the stock market than we previously thought and are much more volatile than previously thought..  David discusses precautions to take with the LIRP for your children to avoid unpleasant surprises.   Mentioned in this episode: David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com MetLife Hancock Midland Dave Ramsey Ernst & Young Curtis Ray