Podcasts about Whole life insurance

Join Nick Lamagna on The A Game Podcast with his guest Justin Donald, who Entrepreneur Magazine has named the Warren buffet of lifestyle investing.  He is an entrepreneur, investor, educator, #1 best-selling author and podcast host featured on all the major publications and platforms including USA today, Forbes and the Wall Street Journal. He started out cutting his teeth in sales through the knife company Cutco (No pun intended) it opened his eyes to the world of entrepreneurship coming from a blue-collar family where he out earned his parents' salary in a summer and things took off from there.  He officially retired for his first time at age 37 and realized sitting back sipping Mai Tai's was not in his DNA and went back to grind mode bigger and better than ever.  He has a wide array of experience in multiple asset classes including mobile home parks, private equity, self-storage, industrial and so many others.   He used these to build generational wealth on buying assets not, jobs that he has found through the relationships he has made with people he can share business and life with. He is now known worldwide through "The Lifestyle Investor" brand, Book, Podcast and Mastermind teaching us all how to take back your life and live on your terms mirroring his incredible achievement of running an 8-figure business on 15 hours a week!  He is a man of family, a man of faith and a wine connoisseur! Check the show links for a special gift from Justin for YOU! Topics for this episode include: ✅ Where should you begin your investor journey? ✅ How the average person can become financially free sooner ✅ How to protect personal relationships if a business deal goes wrong ✅ How to invest like the wealthiest investors ✅ How investors can avoid bad deals and losing money + More! See the show notes to connect with all things Justin!   Connect with Justin: Justin Donald on Facebook Justin Donald on Instagram Justin Donald on Threads Justin Donald On LinkedIn Justin Donald on Youtube Justin Donald on Twitter   Free Bonuses For Listeners: Free Wealth Course for The A Game Podcast Listeners! Free Strategy Session     Connect with The Lifestyle Investor: lifestyleinvestor.com --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers

In this episode of the Investor Fuel Podcast, host Michelle Kesil interviews Jason Powers, who discusses the Infinite Banking Concept and its application through properly structured whole life insurance. Jason explains how this strategy allows individuals to control their money flow, access cash value, and become their own bankers, particularly benefiting real estate investors. He emphasizes the importance of education in understanding this financial strategy and addresses who may not be suited for it. The conversation also touches on the significance of networking and building connections in the real estate investment space.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Grow predictably, protect your family, and give you lifetime access to cash, while also securing your retirement. Mark Willis, CFP®, shares how to think differently about money, maximize retirement income, and pay for college without going broke. Dial in and use tools like dividend-paying whole life insurance and annuities to build financial independence.   Key Takeaways To Listen For The first step to building a solid money plan Main difference between term insurance (renting) and whole life insurance (owning) Why whole life policies grow predictably and can still fund outside investments Annuities as the most efficient tool for guaranteed lifetime income Effective strategies that create lasting wealth and exit options   Resources/Links Mentioned In This Episode The Business Fortress by David Barnett and Mark Willis | Kindle and Paperback Debt by David Graeber | Paperback The Road Less Stupid by Keith J. Cunningham | Kindle and Hardcover Check out The Business Fortress webinars, available through New Banking Solution, for powerful business and financial insights. Don't forget to sign up at https://newbankingsolution.com/.   About Mark Willis, CFP®Mark Willis, CFP®, is a Certified Financial Planner™, best-selling author, and the owner of Lake Growth Financial Services, a Chicago-based firm helping clients take control of their finances with safe and predictable strategies. He co-hosts the Not Your Average Financial Podcast™, where he teaches how to pay for college without debt, invest in real estate, and create tax-free retirement income that can't be outlived. Mark has been recognized as a three-time #1 Best-Selling Author and is on a mission to help people think differently about money, become their own source of financing, and build lasting financial freedom.   Connect with Mark  Website: New Banking Solution | Lake Growth Podcast: Not Your Average Financial Podcast™ | Apple Podcasts and Spotify LinkedIn: Mark Willis, ​CFP® Facebook: Lake Growth Financial Services Instagram: @notyouraveragefinancial YouTube: Not Your Average Financial Podcast™   Connect With UsIf you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/.   Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

When most people first hear about Infinite Banking, one of the first questions that comes up is: “But what are the risks of Infinite Banking?” It's a fair question. We live in a financial world where we've been conditioned to look for the fine print, the hidden traps, and the potential downsides of anything that sounds “too good to be true.” https://www.youtube.com/live/7JHmm5jEfQ0 I get it. When you first hear the concept of becoming your own banker through whole life insurance, the mind immediately goes to skepticism: Are the premiums too high? Is whole life a bad investment? What if I can't afford it later? Here's the truth: most of what people call the risks of Infinite Banking aren't really risks at all. They're misconceptions, misunderstandings, or simply the result of looking at Infinite Banking through the wrong lens. In this blog, we'll pull back the curtain and unpack the myths, expose the real risks, and help you see why Infinite Banking—when understood and implemented correctly—is not risky, but rather one of the most powerful financial strategies you can use to take control of your wealth. Common Misconceptions About Infinite BankingMyth #1: Whole Life Insurance is a Bad InvestmentMyth #2: The Premiums are Too HighMyth #3: Infinite Banking = Life InsuranceThe Real Risks of Infinite BankingRisk #1: Not Understanding the Problem You're SolvingRisk #2: Poorly Designed PoliciesRisk #3: Dipping Your Toe InRisk #4: Wrong Perspective (Consumer vs. Owner)Why Infinite Banking Works When Done RightControl vs. DependencyRecapturing Opportunity CostMutual Companies Align With OwnersShould You Be Worried About the Risks?The Bottom Line on Infinite Banking RisksBook A Strategy CallFAQ: What Are the Risks of Infinite Banking?Is Infinite Banking risky?What are the downsides of Infinite Banking?Is Infinite Banking a scam?Can I lose money with Infinite Banking? Common Misconceptions About Infinite Banking Myth #1: Whole Life Insurance is a Bad Investment This is the first thing most people say when they hear about Infinite Banking. They've been told for years by financial gurus that whole life insurance has a low rate of return and is therefore “a bad investment.” But here's the problem: Infinite Banking is not an investment. It's a system. It's about controlling the flow of your money, not chasing the next hot stock. Whole life insurance is simply the tool that makes Infinite Banking possible—it provides the guarantees, safety, and contractual structure you need to run your own banking system. So when someone says Infinite Banking is risky because life insurance is a “bad investment,” they're comparing apples to oranges. Myth #2: The Premiums are Too High Another common objection: “What if I can't afford the premiums long term?” Here's what most people miss. Premiums are not a bill—they are a way of paying yourself first. Every premium dollar you pay is a contribution to your own financial system. Unlike money you pay to a bank, that premium isn't lost—it builds guaranteed cash value that you can use for opportunities, emergencies, or expenses. The real risk isn't paying premiums. The real risk is not valuing your own capital and continuing to let someone else profit from your money. Myth #3: Infinite Banking = Life Insurance This is one of the biggest misconceptions. People hear Infinite Banking and immediately equate it with whole life insurance. But Infinite Banking is bigger. It's about a process—the flow of money, storing it, using it, replenishing it. Life insurance is just the storage tank that makes the process efficient. Confusing the two is like saying “banking equals a vault.” The vault is just the tool. The banking process is much bigger. The Real Risks of Infinite Banking Now let's get into the real question: What are the actual risks of Infinite Banking? Risk #1: Not Understanding the Problem You're Solving

You've probably heard that whole life insurance is the "safe" choice while indexed universal life insurance is "risky" and volatile. This episode challenges that conventional wisdom with actual data and real-world examples. We break down why this oversimplified risk-reward framework misses important details about how these products actually perform over time. We compare a 40-year-old funding either policy with $25,000 annually until age 65, then taking income for life. You'll discover that indexed universal life insurance accumulates over $1.3 million by retirement versus whole life's $1.2 million. More importantly, the annual income difference is substantial: nearly $80,000 from IUL versus about $61,600 from whole life. The real revelation comes when you see how cash values evolve during the income phase. While whole life cash values decline over time due to guarantee costs, IUL cash actually grows despite larger income withdrawals. This happens because IUL keeps more of your money working and earning returns while whole life requires withdrawing basis first. We address the common concern about IUL's zero-return years and show you the actual impact. When properly designed for cash accumulation, expenses in your 70s typically amount to just 0.25% to 0.5% of cash value in worst-case scenarios. That's similar to a typical mutual fund expense ratio, hardly the catastrophic risk many imagine. You'll also learn about the birthday paradox analogy that illustrates why the difference in guarantees between these products isn't as significant as most people think. We explain how proper policy design minimizes risk while maximizing growth potential, and why longer funding periods favor IUL even more dramatically. _________________________ Ready to explore which approach makes sense for your situation? Contact us to discuss how these insights apply to your specific goals and circumstances.

Welcome to The Cashflow Project! In this episode, we chat with Coach Doug Peacock, CEO of Peacock Wealth Group and former football coach turned personal finance expert. Doug shares how coaching shaped his approach to helping families master the “personal cash flow game.” He reveals why most Americans play a financial game they don't fully understand, the pitfalls of student loans, and strategies for funding college without wrecking retirement. Doug also explains how dividend-paying whole life insurance can be a powerful wealth tool—just like banks and top investors use. Packed with practical tips and fresh perspectives, this episode is a must-listen for anyone ready to crush debt, grow tax-exempt cash flow, and take control of their financial future. [00:00] Efficient College Funding Expert [05:37] "Winning Hawaii Trip While Teaching" [09:12] "Demystifying Finance for Americans" [12:58] "Unwinnable Game of Unknown Rules" [14:49] "Building Wealth Independently & Tax-Free" [18:46] Off-Radar Tax Strategy Unveiled [22:06] Taxes: The Overlooked Retirement Drawback [23:56] Real Estate and Tax Advice [27:31] Bank Failures vs. Insurance Stability [31:42] "Optimized Whole Life Policy Benefits" [34:08] Insurance vs. Investment: Tax Implications [37:52] Privacy-First Investment Approach [42:39] "Non-Aggressive Financial Coaching Approach" [45:21] Connect with Honolulu Multifamily Group Connect with Doug Peacock! Website LinkedIn Email Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Many famous people throughout history and currently today, use whole life insurance as part of their financial strategy to generate and protect their wealth. Its benefits have been praised and used by some of the most successful people in America... so why do some people dislike it so much? Is it because of the the perceived lack of flexibility? Do people today have a harder time thinking longterm? Have Insurance agents tainted the perception of good life insurance by selling bad insurance? Whatever the reason, there is a turning point happening. People are rediscovering Participating Whole Life Insurance and the incredible upside potential it offers to your financial porfoilio. Listen and discover about Whole Life Insurance and Infinite Banking

EncycloMedia Series #34 Policy Grace, Lapse & SurrenderIn this installment we discuss the various types of status a policy may reach other than “active” and “in force”, such as the “grace” period, policy lapse and policy surrender. Resources Mentioned in the video:Non-Forfeiture Options - https://youtu.be/hdRSfeGB4JY?si=EDi8GAYAQmFR0nKbHappy learning!Welcome to our EncycloMedia Series!This series is dedicated to defining, classifying, and describing the particulars of Whole Life Insurance as the ideal asset to use for Infinite Banking as described by R. Nelson Nash in his book, Becoming Your Own Banker. ⚔️ LIVE & LEAVE A LASTING LEGACY

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!---

For many people, an approach that incorporates whole life insurance has become part of their broader retirement strategy. Is that a good way to go? That's what David McKnight addresses in this episode. While Whole Life has some legitimate applications, especially for people who are risk-averse and are looking for guaranteed steady accumulation, there's an option that does the job more effectively: Indexed Universal Life (IUL). David touches upon why you may want to opt for IUL instead of Whole Life, including the fact that, with IUL, you can access your cash value in retirement without having to pay loan interest.  That gives you more flexibility and more efficiency when using IUL as a source of income. David compares Whole Life and Indexed Universal Life. If your goal is to shield your retirement portfolio from market downturns, then Whole Life is like taking the scenic route: You'll get there. but it will cost you more time, fuel, and money. IUL, by contrast, is like taking the express lane: Same destination, just faster, cheaper, and more efficient. “If efficiency matters to you, and you're trying to increase the likelihood that your money will last as long as you do, then Indexed Universal Life is the superior alternative”, says David. David goes over what happens when you borrow money from your Whole Life policy vs. from your IUL.  It's good to know that some IUL policies have wash loans or zero-cost loans that make accessing your money more predictable and sustainable. David believes that, when it comes to retirement income and the volatility buffer concept, the IUL is more efficient and effective, as it gives you higher growth potential and more favorable loan features.     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

Tim Ulbrich and Tim Baker tackle one of the most common questions we hear from pharmacists: “Do I need this whole life insurance policy?” They dive into who needs coverage, common misconceptions, and why the “buy term and invest the difference” strategy may be the smarter approach. Episode Summary YFP Co-Founder & CEO, Tim Ulbrich, PharmD, and YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP®, tackle one of the most common questions we hear from pharmacists: “Do I need this whole  life insurance policy?” We've seen an increasing number of pharmacists with expensive whole life insurance policies that are often complex, costly, and not always the best fit. In this video, Tim and Tim break down: ✅ Who actually needs life insurance (and who doesn't) ✅ The role life insurance should play in your financial plan ✅ The key differences between term life and whole life coverage ✅ Why “buy term and invest the difference” can often be the smarter strategy ✅ The conflicts of interest that sometimes drive whole life sales By the end, you'll better understand the benefits, costs, and misconceptions around whole life insurance so you can make an informed decision about what's right for your financial future. Mentioned on the Show Join APhA - Get 25% Off with Code YFP Life Insurance for Pharmacists: The Ultimate Guide Your Financial Pharmacist Your Financial Pharmacist on YouTube

EncycloMedia Series #33 Guaranteed Insurability RiderIn this installment we discuss the ability to secure additional insurance now, for in the future. This rider provides for a significant addition to protection and bankability to a whole life insurance policy for those of us implementing Infinite Banking!You should understand this option. Happy learning!Welcome to our EncycloMedia Series!This series is dedicated to defining, classifying, and describing the particulars of Whole Life Insurance as the ideal asset to use for Infinite Banking as described by R. Nelson Nash in his book, Becoming Your Own Banker. ⚔️ LIVE & LEAVE A LASTING LEGACY

Paul goes to the DMV.  Why its important to take Medicare.  What to look for when finding a dentist.  Whole Life Insurance.  Long term care expenses.  What does the Federal Gov pay for?

  In this episode of the Real Estate Pros Podcast, Brent Kesler, known as the Money Multiplier, shares his journey from being a chiropractor to teaching the Infinite Banking Concept. He explains how he was able to pay off nearly a million dollars in debt in just over three years by implementing a simple financial strategy. Brent emphasizes the importance of understanding money as a means of exchange and introduces the concept of using whole life insurance as a tool for wealth building. He provides practical examples of how this method can be applied to various purchases, including real estate, and encourages listeners to explore this paradigm shift in financial thinking.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Legendary life insurance advisor Vince D'Addona shares his biggest insights from decades in estate planning, pensions, and working with top 1% clients. He reveals how permanent life insurance really works, why most people misunderstand its purpose, and how wealthy individuals use it completely differently than the average consumer.Want a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vaultWant Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review______________________________________________ Learn More About BetterWealth: 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.

✈️ Retire Pilots the Right Way!

This exclusive presentation from Tom Wall, PhD in Retirement Income Planning, was filmed at the Life Insurance Summit hosted by BetterWealth. In it, Tom explains how whole life insurance quietly outperformed bonds over the past 20 years—offering stable, tax-advantaged returns with virtually no volatility.Want a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vaultWant Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review______________________________________________ Learn More About BetterWealth: 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.

Are life insurance agents misleading you about whole life insurance? Caleb Guilliams reacts to Rich on Money's latest video critiquing whole life insurance and the agents who sell it.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 The And Asset Channel - @AndAsset ______________________________________________ Learn More About BetterWealth: 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.

All whole life insurance is not created equal.It can be a very unique vehicle for doing some very cool things while taking advantage of some very unique benefits.If you've been confused about the different types of whole life insurance, cash value, and how they all work, you'll enjoy a little training here about it all. YouTube link: https://youtu.be/HKhKHO8iCc0If you have any questions, you can reach us here:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://lifemattersfinancial.com/contact/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠If you're an agent looking for a mentor, start here:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://lifematterfinancial.com/careers/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Have an idea or topic suggestion? Talk to me:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://forms.gle/6aLkM8MSTwH4eteVA#lifematters #lifeinsurance #wholelifeinsurance #agentsforlife #lifeinsuranceagent #infinitebanking

What Most Families Miss About Whole Life Insurance Tax Strategies Most people miss the hidden power of whole life insurance tax strategies—and in doing so, they overpay in taxes and underfund their legacy. In today's podcast episode, Bruce Wehner dives deep into how the tax code is designed to reward strategic behavior—and how you can align your actions to reduce your tax burden and redirect that capital into wealth-building vehicles like whole life insurance. https://www.youtube.com/live/Z4BEoTli--k In this blog, I'm going to walk you through the real, practical ways to lower your taxes, use the savings wisely, and fund your policy in a way that supports your family's future. Whether you're a W-2 employee, small business owner, or investor, this episode breaks down how to build wealth with intention. What Most Families Miss About Whole Life Insurance Tax StrategiesWhole Life Insurance Tax Strategies Start with Tax Code IncentivesW-2 vs. Business Owner: Two Different Tax SystemsEmploying Your Kids: A Hidden GemS-Corp Strategy: Split Income, Save TaxesReal Estate Depreciation & Cost SegregationQualified Plan Repositioning: Turn Tax-Deferred Dollars into Tax-Free WealthRoth Conversions: A Strategic ShiftFunding Policies Through Parents and ChildrenThe Opportunity in Plain SightRepositioning Money Isn't Just Smart—It's Biblical StewardshipWant to Go Deeper into Whole Life Insurance Tax Strategies?Book A Strategy Call Whole Life Insurance Tax Strategies Start with Tax Code Incentives Congress doesn't just collect taxes—they guide behavior through tax incentives. The tax code is filled with legal ways to reduce what you owe, especially if you understand its design. The goal is not to avoid taxes but to steward your resources wisely. Tom Wheelwright, CPA for Robert Kiyosaki, frames it this way: the tax code is a roadmap filled with incentives. It's designed to encourage investments in real estate, energy, and business—moves that ultimately strengthen the economy. When you understand these incentives, you begin to ask a better question: “How can I reposition my taxable income into long-term wealth?” That's where properly structured whole life insurance comes in. W-2 vs. Business Owner: Two Different Tax Systems There are two tax codes in America: one for employees, and one for business owners. If you're a W-2 earner, your options are limited. But if you own a business — even a small one — the deductions available to you multiply. Start with something simple. You don't need an LLC to begin. A sole proprietorship qualifies you for deductions like: Home office expenses Business mileage Cell phone usage Meals and entertainment All of those deductions lower your taxable income and free up cash flow that can be redirected to fund a properly designed whole life policy. Employing Your Kids: A Hidden Gem One of the most overlooked strategies is hiring your children in your business. If they earn a legitimate wage (think: cleaning the office, organizing paperwork, or appearing in marketing photos), you can pay them up to $12,000/year tax-free. For you, it's a deductible business expense.For them, it's tax-free income under the standard deduction. That $12,000 could go directly into a whole life insurance policy for your child. You've just shifted taxable income into a tax-free legacy asset. S-Corp Strategy: Split Income, Save Taxes Another powerful tax strategy is the S-Corporation. If you operate your business as an S-Corp, you can split your income into a salary (subject to payroll taxes) and a distribution (not subject to self-employment tax). Example: Salary: $100,000 (pays payroll taxes) Distribution: $200,000 (saves 15.3% self-employment tax) That tax savings could be reallocated directly into premium payments for a life insurance policy. It's a way to use the structure of your income to fund wealth transfer.

This weeks show covers the active vs. passive debate, why whole life insurance isn't an investment, Donor Advised Funds, and a lot of emails!

What if your life insurance could help you invest without selling a single asset?Tait Duryea and Ryan Gibson welcome back Rod Zabriskie of Money Insights to demystify how whole life insurance can be used as a wealth-building tool. They break down the differences between term and whole life, how cash value grows, and why this strategy avoids risks like margin calls. You'll hear how pilots are using these policies to fund real estate, reduce taxes, and create a perpetual source of investment capital.Rod Zabriskie, president of the Money Insights Group, specializes in advanced wealth-building strategies using life insurance as a financial tool. With a pragmatic, education-first approach, Rod helps high-income professionals, especially pilots, understand how to leverage whole life policies for liquidity, tax advantages, and long-term returns.Show notes:(0:00) Intro(01:06) Four ways to leverage capital(02:01) Why life insurance can be exciting(05:09) Term vs whole life basics(10:35) How cash value policies work(16:26) Risks of securities-backed loans(20:01) Why whole life avoids margin calls(27:30) How life insurance companies invest(33:16) Using policies as your “cash chamber”(39:02) Paying off loans vs max funding(46:43) Funding ranges and contribution flexibility(49:01) OutroFor a free consultation with the Money Insights Group, go to https://moneyinsightsgroup.com/pilots/ Episodes Mentioned: #47 - https://passiveincomepilots.com/episode/47-innovative-wealth-strategies-from-life-insurance-to-alternative-investing-with-christian-allen-and-rod-zabriskie#70 - https://passiveincomepilots.com/episode/70-leveraging-life-insurance-for-passive-income-with-rod-zabriskie-and-blake-brogan #84 - https://passiveincomepilots.com/episode/84-tax-free-growth-infinite-loans-whole-life-insurance-strategies-for-high-earners #23 - https://passiveincomepilots.com/episode/23-counting-the-cost-the-risks-and-rewards-of-401k-loans-for-pilots — You've found the number one resource for financial education for aviators! Please consider leaving a rating and sharing this podcast with your colleagues in the aviation community, as it can serve as a valuable resource for all those involved in the industry.Remember to subscribe for more insights at PassiveIncomePilots.com! https://passiveincomepilots.com/ Join our growing community on Facebook: https://www.facebook.com/groups/passivepilotsCheck us out on Instagram @PassiveIncomePilots: https://www.instagram.com/passiveincomepilots/Follow us on X @IncomePilots: https://twitter.com/IncomePilotsGet our updates on LinkedIn: https://www.linkedin.com/company/passive-income-pilots/Do you have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!*Legal Disclaimer*The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

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Learn how to utilize whole life insurance to not only build tax free wealth but protect and grow your businesses without using the banks. Caleb Guilliams presents at Tom Wheelwright's ( @TomWheelwrightCPA ) inner circle franchise group, teaching them the step-by-step framework behind "becoming your own banker" or "infinite banking" and why life insurance is one of the most underrated assets in a entrepreneurs financial strategy.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 Chapters: 0:00 - Overview 2:26 - How to "Become your own Banker" with Whole Life Insurance 5:38 - Borrowing Against your Life Insurance Policy 8:00 - Removing Longterm Debt with Life Insurance 10:31 - Do You Have to Pay Back the Policy Loan? 13:06 - How Whole Life Insurance Enhances Retirement16:13 - Withdrawing From the Policy 17:30 - Volatility Buffer19:41 - How Does Withdrawing Impact Your Policy? Do they Losel Your Cash Value?23:13 - Three Major Benefits of Life Insurance______________________________________________ Learn More About BetterWealth: 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.

Infinite Banking EncycloMedia Series #32 Waiver of Premium RiderIn this installment we discuss the ability to secure having premiums waived on whole life insurance and convertible term insurance policies that you, for the purpose of Infinite Banking, in the event of a qualifying circumstance of disability. It's a great safe guard, worth considering, for your vital assets. You should understand this option. Happy learning!Welcome to our EncycloMedia Series!This series is dedicated to defining, classifying, and describing the particulars of Whole Life Insurance as the ideal asset to use for Infinite Banking as described by R. Nelson Nash in his book, Becoming Your Own Banker. ⚔️ LIVE & LEAVE A LASTING LEGACY

EncycloMedia Series #31 Chronic & Terminal Illness RidersIn this installment we discuss the virtue of having whole life insurance policies with Chronic and Terminal Illness Riders. For those of us implementing Infinite Banking, we are intentionally using high-cash value structured policies for our need of finance in particular, and yet, it behooves us to think long range (as Nelson would encourage us) to include being prepared for worse-case scenarios such as having a chronic or terminal illness. You should understand these options. Happy learning!Welcome to our EncycloMedia Series!This series is dedicated to defining, classifying, and describing the particulars of Whole Life Insurance as the ideal asset to use for Infinite Banking as described by R. Nelson Nash in his book, Becoming Your Own Banker. ⚔️ LIVE & LEAVE A LASTING LEGACY

In this episode of Beer and Money, Ryan Burklo, Alex Collins, and Mark SanGiacomo delve into the complexities of life insurance, discussing its various types, the importance of income replacement, and how to determine the right amount of coverage. They explore the differences between term and permanent insurance, including whole life and universal life policies, emphasizing the need for personalized financial planning. The conversation highlights the significance of understanding insurance products, their benefits, and potential drawbacks, ultimately guiding listeners towards making informed decisions about their financial security. Check out our website:  beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Life insurance is primarily about income replacement. Determining the right amount of insurance is crucial. Your most valuable asset is yourself and your income. Life insurance should fit into a broader financial plan. There are two main types of life insurance: term and permanent. Universal life insurance offers flexibility but has growing costs. Whole life insurance provides guarantees and stability. Policy dividends can enhance whole life policies but are not guaranteed. Understanding the terms of your policy is essential for long-term planning. Consulting with a financial professional is vital for making informed decisions. Chapters 00:00 Introduction to Life Insurance Types 02:52 Understanding Income Replacement and Coverage Needs 05:57 Exploring Life Insurance Products: Term vs. Permanent 08:50 Diving Deeper into Universal Life Insurance 12:00 Understanding Whole Life Insurance 15:06 Comparing Universal Life and Whole Life Insurance 18:00 The Importance of Professional Guidance in Life Insurance 21:03 Final Thoughts on Life Insurance Strategies  

EncycloMedia Series #30 - Indexed Dividend Option Rider In this installment we cover the Indexed Dividend Option Rider. As a policy owner, you have several options of what you can do with the dividend, one of which involves using your dividend with an index where you may gain, and you may lose.You should understand this option. Happy learning!To learn more about Dividend Options: EMS#04 Dividends - https://youtu.be/9qJQvc0hPg8?si=3jwPc2womD5Jc0ohWelcome to our EncycloMedia Series!This series is dedicated to defining, classifying, and describing the particulars of Whole Life Insurance as the ideal asset to use for Infinite Banking as described by R. Nelson Nash in his book, Becoming Your Own Banker. ⚔️LIVE & LEAVE A LASTING LEGACY

Visit our website: https://www.thewealthwarehousepodcast.com/Becoming Your Own Banker by Nelson Nash: https://infinitebanking.org/product/becoming-your-own-banker/ref/46/Welcome back to another episode of Wealth Warehouse!This week, Dave and Paul are joined by Ryan Fleming, also known as "the Pilot's Advisor". Ryan is a Financial Advisor and holds a series 7 license, series 66 license, RICP, CRPC, and MBA. He is a 2001 graduate of the US Air Force Academy, a former Fighting Falcon's wide receiver, and retired Air Force C-17 pilot. He currently flies for FedEx and lives in SC on the lake with his wife Kari and their 2 kids.Ryan has been a Financial Advisor since 2008 and has worked primarily with commercial airline and cargo pilots helping them manage their portfolio and provide them a "safe landing" in retirement. You can find out more about Ryan and even order his Pilot's Advisor Toolkit from the websites here:https://retirepilots.com/http://ibc4pilots.com/Episode Highlights:0:00 - Teaser1:12 - Episode beginning3:01 - Background on Ryan5:39 - How Ryan began Infinite Banking7:57 - Why promote IBC instead of bonds?10:22 - Expanding on the tax situation for IBC19:25 - Sequence of returns risk24:54 - Survivor benefit and approaching retirement as a pilot36:31 - Episode wrap-upABOUT YOUR HOSTS:David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money. David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life. Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a MA in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich. As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.Visit our website: https://www.thewealthwarehousepodcast.com/ Catch up with David and Paul, visit the links below! Website: https://infinitebanking.org/agents/Fugere494 https://infinitebanking.org/agents/Befort399 LinkedIn: https://www.linkedin.com/in/david-a-befort-jr-09663972/ https://www.linkedin.com/in/paul-fugere-762021b0/ Email: davidandpaul@theibcguys.com

Myths, Mysteries & Misconceptions #24: Whole Life Insurance is Front Loaded with CommissionsMany people would have you believe that whole life insurance is a bad place to put money because of its front loading of commissions. Whole Life Insurance IS front loaded with commissions. So is EVERYTHING else. Think about it. When you buy a meal, you are paying for everything that it took to get the meal to you; all the way back to the start of well…everything. Understand this for yourself and you can take back control, and profit, from the banking function in your life, with Infinite Banking. There's more to this misleading idea than at “face value” (pun intended;)Let's clear this myth up!⚔️ LIVE & LEAVE A LASTING LEGACY ⚔️

Looking for the right whole life insurance company in 2025? We break down the major players in the participating whole life insurance market and discuss what makes each one unique. You'll learn which companies excel at cash accumulation and which ones focus more on providing affordable permanent death benefits. We cover over a dozen companies including Guardian, MassMutual, Northwestern Mutual, New York Life, Penn Mutual, and more. You'll discover why some companies are easier to work with than others and what product features matter most for your specific situation. We share insights based on years of experience reviewing policies and working with these companies directly. This isn't about ranking companies from best to worst. Instead, we explain how different companies serve different purposes and why the "best" company depends entirely on your goals. Whether you're interested in maximizing cash value growth or simply need permanent life insurance coverage, you'll gain valuable perspective on your options. We also discuss the importance of understanding that not all whole life policies are created equal. You'll learn why working with an experienced agent matters and how product design can dramatically impact your results. ______________________________ Ready to explore your whole life insurance options? Contact us to discuss which company and product design might work best for your specific situation and goals.

On this episode of the Inner Edison podcast, host Ed Parcaut chats with Eric Brotman, a seasoned financial advisor and entrepreneur, about his unconventional journey into the world of finance and the lessons learned along the way. Eric shares how a failed plan to become a lawyer led him by accident into finance, his entrepreneurial leap after starting over from scratch at age 30, and how adversity—like the 2008 recession—shaped his business and personal growth. Ed and Eric dive deep into the realities of entrepreneurship: the risks, the need for resilience, and the lessons that come from setbacks. Eric shares actionable insights on building financial independence, including practical strategies for tax diversification, the use of whole life insurance, and the importance of financial literacy for business owners and families alike. They also discuss Eric's philosophy behind his book, “Don't Retire… Graduate,” which challenges the conventional notion of retirement and encourages listeners to plan for a financially free and fulfilling next chapter. Along the way, the conversation covers mistakes, management missteps, innovations during the pandemic, and the value of aligning company culture for long-term success. Whether you're an aspiring entrepreneur or a seasoned business owner, this episode is packed with candid stories, practical advice, and a refreshing perspective on success, failure, and building a life (and business) you love. Listen now to get inspired, learn, and grow from real-life “Edison moments” with Ed Parcaut and guest Eric Brotman! **Contact Ed Parcaut:** -

In this eye-opening episode of the Jake & Gino podcast, Gino flies solo to interview Chris Miles, founder of Money Ripples, cashflow expert, and former financial advisor turned passive income evangelist. Together, they pull back the curtain on the real problems with traditional retirement planning—and how most people have been brainwashed into believing the 401(k) is their only path to freedom.Chris reveals how he escaped the rat race at just 28 years old by ditching accumulation and embracing cash flow-focused investing. He shares why the FIRE movement gets it wrong, how financial advisors are incentivized to sell—not serve—and why real estate, hard money lending, and infinite banking may offer far better alternatives.Whether you're tired of the "set it and forget it" retirement advice or you're simply looking to build wealth that works now, this episode delivers practical insights and controversial truths.Connect with Chris Miles:https://www.moneyripples.comListen to the Money Ripples Podcast wherever you get your podcasts.Topics Discussed:Why the 401(k) was never meant for the average person The myth of the 4% rule (and why it's actually 2-3%) What most millionaires still worry about in retirement How to escape the saver-scarcity mindset The problem with the FIRE movement and mutual funds Cash flow investing vs. equity-focused investing Building your financial network and foundation Why Chris prefers whole life insurance, real estate, and lending Subscribe for weekly insights on wealth, mindset, and multifamily investing from the Jake & Gino Network.Chapters:00:00:00 - Introduction  00:06:04 - Why Traditional Retirement Advice Failed Chris' Dad  00:07:28 - The Myth of the 4% Rule and FIRE Movement Critique  00:12:28 - Are You Living in Financial Fear? Emotional Ties to Money  00:18:23 - Breaking Intergenerational Money Patterns  00:25:30 - The System Is Broken. Follow the Money  00:30:55 - How to Build a Real Financial Foundation  00:37:20 - The Best Vehicles for Wealth Building in 2025  00:40:47 - Why Equity Is Great, But Cash Flow Is King  00:43:23 - Raw Land, Oil & Gas, and Other Income-Producing Vehicles  00:47:40 - Connect with Chris Miles  00:48:13 - Gino Wraps it Up We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

You face a critical decision when designing whole life insurance: optimizing for death benefit or maximizing cash value accumulation. These two objectives sit on opposite ends of the spectrum, and trying to balance them often means you don't accomplish either goal effectively. We break down the fundamental trade-offs you need to understand before purchasing a policy. If you want permanent death benefit at the lowest possible cost, you'll sacrifice cash value growth in the early years. If you're focused on building cash value for infinite banking or as an asset, you'll need to minimize the death benefit to maximize your returns. You'll learn how to evaluate cash-focused policies by examining key metrics like the percentage of premium going to paid-up additions and first-year cash value percentages. We also explain why front-loading strategies often backfire with whole life insurance and when universal life might be a better option for lump sum deposits. The marketplace for strong cash-building whole life policies is extremely small, with only a handful of quality companies offering these products. We discuss why choosing an obscure insurer just to accommodate an unusual funding strategy could be a costly mistake when you're making a decades-long commitment. Since you can't purchase whole life insurance directly from insurance companies, you'll need to work with an agent you trust. We explain why understanding every aspect of whole life design isn't realistic for most buyers and how to find professionals who can guide you through the process. __________________________- Ready to explore your whole life insurance options? Contact us today to discuss which design approach aligns with your specific goals and financial situation.

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereIs saving your age with a backdated participating whole life insurance policy really the smartest financial move—or could it cost you more than it saves?If you've ever considered using participating whole life insurance for wealth preservation, you've likely heard about backdating to lock in a younger age. But what if that age-saving strategy means compromising your cash value in the short term—or worse, limiting your ability to fund the policy fully? Whether you're starting a corporate-owned participating whole life insurance policy or planning for long-term estate growth, the funding strategy you choose can make or break your outcome.In this episode, you'll discover:How backdating a policy by 6 to 12 months affects both cash value and death benefit over time.Why saving age isn't always worth it—especially if you can't max fund in year one.When a backdated policy makes sense, particularly for those with a large upfront lump sum to contribute.Press play to learn how to structure your life insurance strategy for maximum flexibility, long-term value, and alignment with your wealth goals.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Financial freedom in Canada takes more than income — it takes strategy. Whether you're a seasoned entrepreneur, high-earning professional, or building wealth through real estate, mastering the four phases of a healthy financial plan is non-negotiable. This podcast unpacks the smartest Canadian tax strategies, corporate structuring moves, and investment tactics that create lasting wealth. From optimizing RRSP room and leveraging real estate to balancing salary vs dividends and planning your legacy, we focus on actionable insights tailored for busReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

In this episode, host Jenn Foster is joined by Certified Financial Planner and three-time bestselling author Mark Willis. They dive into the world of smart investing, future planning, and the unique financial hurdles that entrepreneurs and real estate investors face. Mark shares his journey from mowing lawns as a kid to guiding business owners toward financial security, and he unpacks strategies for thinking differently about money—beyond traditional 401(k)s and mutual funds. You'll hear practical questions every business owner should ask before investing, explore how specially designed whole life insurance policies can become powerful financial tools, and learn why thinking critically about your money's purpose is key. Plus, Mark gives a sneak peek into his new book, "The Business Fortress," and offers hands-on advice for building a rock-solid business foundation.

Reacting to Dave Ramsey vs a whole life insurance agent. 00:00 Introduction00:21 Whole Life Insurance Debate03:04 Whole Life Insurance vs. Term Insurance06:53 Lesson 101 - Dave Vs Elliot08:45 Dave Ramsey's Critique of Whole Life Insurance11:40 Evaluating Cash Value and Returns in Life Insurance18:40 Does Whole Life Insurance Make Sense?22:41 Conclusion and Final ThoughtsWant a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vault______________________________________________ Learn More About BetterWealth: 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.

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereIf you're a Canadian business owner juggling retained earnings, long-term growth, and real estate goals, this episode unpacks a real-world strategy you can't afford to miss. Discover how an Ontario chiropractor used a corporately owned whole life insurance policy not just for protection—but to fast-track a major real estate purchase ahead of schedule.Here's what you'll take away:How to build and leverage a corporate wealth reservoir to fund opportunities like property ownership.Why maintaining liquidity can keep your business flexible during emergencies and unexpected investments.A smart structure for blending policy loans and mortgages to optimize tax efficiency and long-term returns.Press play now to learn how a proactive wealth strategy can help you stay ready for opportunity—and never caught off guard.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.In today's evolving financial landscape, Canadian entrepreneurs—especially professionals like those in the chiropractic business—are increasingly leveraging whole life insurance as a cornerstone of corporate wealth planning. This powerful tool helps build a corporate wealth reservoir that enhances liquidity, enabling strategic moves such as real estate investing Canada-style, all while maintaining tax efficiency. By integrating this approach into a broader Canadian wealth plan, business owners can optimize financial buckets, implement retirement planning tools, and align personal vs corporate tax planning for long-term success. Whether you're focused on capital gains strategy, RRSP optimization, or corporate structure optimization, the right investment strategy can support financial freedom Canada, a modest lifestyle wealth outlook, andReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

In this episode, Stephen Schmidt interviews Erica Neal, an expert in finance and the infinite banking concept. Erica shares her journey from a low-income background to becoming a finance professional and entrepreneur. She explains the principles of infinite banking, how it allows individuals to become their own bank, and the advantages of using whole life insurance policies for cash flow and investment strategies. The conversation also covers the differences between whole life and indexed universal life insurance, the importance of avoiding modified endowment contracts, and the role of life insurance in a comprehensive financial plan.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Want Front Loaded Whole Life Insurance? Go Here: https://bttr.ly/bw-yt-aa-clarity Want Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review ______________________________________________ Learn More About BetterWealth: 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.

Are you tired of hearing the same old debate about term versus whole life insurance? In this episode, we cut through the noise and reveal why whole life insurance might be the wealth preservation tool you've been overlooking. We explore how successful business owners and high earners use life insurance to protect their assets from market volatility and create guaranteed growth. You'll discover why comparing term and whole life insurance on cost alone is like comparing a Honda to a Rolls-Royce—they're both vehicles, but built for entirely different purposes. We break down the real-world applications of whole life insurance, from creating liquidity during income fluctuations to simplifying wealth transfer after death. Learn how life insurance can provide tax-free distributions, guaranteed accumulation, and protection from economic downturns that other financial instruments simply can't match. We also address the time factor—when you can expect to see positive returns and why patience pays off with this strategy. Whether you're looking to diversify beyond your business, protect generational wealth, or ensure your family avoids probate nightmares, this episode gives you the straight facts about using life insurance as a financial tool. _____________________________ Ready to explore if whole life insurance fits your wealth preservation strategy? Contact us today to discuss your specific situation and see how we can help you build a more secure financial future.

Bryan Jepson MD and CFP, author of The Physician's Path to True Wealth: 12 steps to gaining control over your money and your time – you can find it on Amazon and at this website for free Bryan Jepson MD, CFP® | physician financeDisclaimers:This is not specific financial advice, this is general education. Talk with your own advisor or schedule with Bryan to get specific advice The easiest, most straightforward way to start creating assets is to invest in your 401kDebt to fund a liability is bad debt, it takes money out of your pocketDebt that leads to more money in your pocket is good debt, but this requires wisdom in choosing your degree and education pathThere are a couple of methodologies to pay off debt, the snowball method vs the avalanche method. Snowball goes smallest debt to largest. Avalanche goes from highest interest to lowest interest. Use the one that will actually work for YOU and will make you be consistentThe 4% rule: generally, when you can live off 4% of your investments per year, you have enough for retirementSo, if you need 100K to live off in retirement, you need 2.5 million in investmentsWhy does everyone need a will? If you have kids, it allows you to designate a guardian should you die. It also allows you to allocate where your assets goWhat is the importance of giving away money?Giving can be looked at through a couple different lenes. When you give, you are blessed in return. Or maybe you can view it as good karmaBryan talks about how relationships are an important aspect of life and giving allows for meaningful relationships with something you value. Donate money but also your timeWhen you are rich, you don't have the cushion to give. When you are wealthy, you have the ability to give to othersFinance is simple but not easy because you need discipline. You don't have to get far into the weeds to be successfulBryans book has the foundation you need to understand financeBryan talks about the difference between a financial advisor and a certified financial planner Bryan gives his opinion on whole life insurance vs term insuranceSupport the showFull show notes can be found here: Episodes - Practical EMS - Content for EMTs, PAs, ParamedicsMost efficient online EKG course here: Practical EKG Interpretation - Practical EMS earn 4 CME and learn the fundamentals through advanced EKG interpretation in under 4 hours. If you want to work on your nutrition, increase your energy, improve your physical and mental health, I highly recommend 1st Phorm. Check them out here so they know I sent you. 1st Phorm | The Foundation of High Performance Nutrition Everything you hear today from myself and my guests is opinion only and doesn't represent any organizations or companies that any of us are affiliated with. The stories you hear have been modified to protect patient privacy and any resemblance to real individuals is coincidental. This is for educational and entertainment purposes only and should not be taken as medical advice nor used to diagnose any medical or healthcare conditions.

In this lively and eye-opening conversation, Tiffany sits down with LaDarris Hunt, a seasoned life insurance expert, to break down the basics—and the big differences—between term and whole life insurance. Whether you think you've heard it all before or you're just now considering coverage, this episode covers what you really need to know about protecting your loved ones, building generational wealth, and making the smartest insurance choices for your life stage.What You'll LearnWhat is Life Insurance, Really?LaDarris defines life insurance in simple terms: it's all about transferring risk from you to the insurance company so your loved ones are protected financially if the unthinkable happens.Term vs. Whole Life Insurance, DemystifiedLearn the fundamental differences:Term life: Like renting coverage—good for set periods; great for providing income replacement while you have big financial responsibilities.Whole life: A permanent policy with a guaranteed payout; builds cash value and is best for final expenses or leaving a legacy.Who Needs What—And WhenTips on which type of policy might fit you best at different life stages, whether you're a single young adult, a new parent, or nearing retirement.Cash Value: The Good, the Bad, and the TruthLaDarris debunks some common confusion about cash value in life insurance—especially what whole life policies can (and can't) do for you.Why Your Insurance Carrier MattersAn eye-opening story highlights the real-world impact of choosing a mutual company versus a stock company, especially in historically underserved communities.The Power of Working With an Independent AgentFind out why shopping around—rather than sticking with a single carrier—can make all the difference for your family's financial future.Connect with LaDarris HuntWebsite: https://ladarrishunt.com/Connect with TiffanyWebsite: https://moneytalkwitht.comFollow Tiff on all platforms: @moneytalkwithtDon't ForgetIf you enjoyed this episode, make sure to subscribe and tune in every Thursday for the latest practical money lessons, personal finance tips, and candid conversations!

I challenge James Conole on the idea of whole life insurance as a bond alternative in retirement. Watch the Full Interview Here: https://youtu.be/72XrXWkksUw Want Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vault ==================== 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.

On this week's Ask Farnoosh, we tackle a fresh round of your money questions, including:Is whole life insurance ever worth it?What are the smartest (and most affordable) ways to invest in your health?How to job-hunt effectively with a PhD in hand and limited prospects.But first, Farnoosh recaps top stories in money news, from Trump's push to include crypto in 401(k)s, to the surprising rise in early Social Security claims, the falling dollar, and a rare bright spot: more Americans are finally hitting their retirement savings goals.Join the So Money Members Club.Download Farnoosh's free investing blueprint.Hang out with Farnoosh on Instagram.

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz answer your questions!---Sign up for the ⁠⁠Rich Habits Newsletter⁠⁠ and join 52K+ like minded investors in receiving weekly market updates, ⁠⁠click here!⁠⁠---

Jesse answers a range of listener questions on topics including estate planning, life insurance, financial benefits of marriage, tax strategies for high earners, healthcare in retirement, and investing during economic uncertainty. He explains that heirs to traditional IRAs must pay income tax on withdrawals, while taxable accounts benefit from a step-up in basis, and argues that whole life insurance is generally a poor investment choice for most people. He outlines how married couples enjoy more financial advantages due to shared costs, tax benefits, and retirement perks, though singles benefit from greater autonomy. A high-earning listener weighing Roth versus traditional retirement contributions is advised to consider tax-bracket arbitrage in retirement or hedge with a 50/50 split. Jesse also dives into healthcare planning, covering employer plans, HSAs, COBRA, ACA subsidies, and Medicare, while stressing the complexity and importance of planning for long-term care. On investing, he cautions against trying to time recessions and emphasizes aligning investment strategies with individual goals, risk tolerance, and time horizons. Key Takeaways:• Traditional IRAs require heirs to pay income tax on withdrawals within 10 years, but this is deferred tax, not a penalty. • Whole life insurance is generally more expensive and offers lower returns than term insurance plus independent investing. • Married couples often benefit financially from economies of scale and joint tax advantages. Single individuals have greater financial control and simpler planning but may miss out on some systemic benefits for couples. • Healthcare planning is a critical but often overlooked aspect of retirement financial planning. Jesse discusses ACA, COBRA, and HSAs. • Short-term market volatility can be misleading; experiencing real losses helps build long-term investing discipline. • Selling stocks to avoid recession dips is risky because market recoveries often precede economic improvements, resulting in missed gains. Key Timestamps:(00:00) Question 1: Whole Life Insurance (17:47) Question 2: Financial Pros and Cons of Being Single vs. Married (27:19) Question 3: Roth vs. Traditional Accounts (37:54) Question 4: Planning for Healthcare Costs in Retirement (42:31) Maximizing HSA Growth with a Strategic Loophole (45:08) COBRA and ACA for Early Retirees (53:48) Medicare: Breaking Down the Basics (01:03:02) Question 5: Investment Strategies During Economic Uncertainty Key Topics Discussed:The Best Interest, Jesse Cramer, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques Mentions:https://bestinterest.blog/is-benefits-hacking-genius-or-immoral/ Deep Risk: How History Informs Portfolio Design by William J. Bernstein More of The Best Interest:Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog The Best Interest Podcast is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.  

In this conversation, Gary Sund shares his extensive experience in real estate and finance, focusing on how life insurance can be utilized to manage and pay off debts. He discusses various strategies, including leveraging family loans and the importance of securing life insurance policies to protect financial obligations. The discussion also touches on the significance of financial education and the need for comprehensive planning in real estate investments. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Want Us To Review Your Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review Want Whole Life Insurance? Schedule a Call Here: https://bttr.ly/aa-yt-clarity Learn More About the And Asset: https://bttr.ly/andasset 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 information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.