BetterWealth with Caleb Guilliams

Learn how whole life insurance can let you outperform a portfolio earning 13.5% every year. In this interview, Caleb Guilliams sits down with Nick Palumbo, a 44-year advisor and author of You Have Infinite Power, who breaks down his 10 financial rules and the eternal rate of return.

Want to See If Whole Life Insurance Makes Sense for You? Click Here:
https://betterwealth.com/go/yt/vOB2ne3BSUU

Want Us To Review Your Permanent Life Insurance Policy? Click Here:
https://betterwealth.com/review/yt/vOB2ne3BSUU

Want Free Whole Life Insurance Resources & Education? Go Here:
https://betterwealth.com/vault/yt/vOB2ne3BSUU

Chapters:
00:00 Introduction
00:30 From Italy to Life Insurance at 21
02:08 The Four Tires of a Full Life
02:46 A Holistic Approach to Money
03:32 How the Economy Transfers Your Wealth
06:03 The LEAP Financial Game Board
08:02 Stress Testing and Having a Coach
08:40 The First Five Financial Rules
09:31 Rule 6: Money in Motion
10:52 Rule 7: The One-Third Allocation
11:44 Rule 8: Using Other People's Money
12:35 Internal vs External Rate of Return
12:58 Eternal Rate of Return Explained
14:13 Spending Assets Down in Retirement
17:32 Surviving a Sequence of Returns Hit
18:05 Beating 13.5% Returns With Whole Life
19:28 The Most Important Rule of All
19:54 Why Liquidity Beats Locked-Up Money
20:29 Sailboat Analogy: Currents Against You
21:43 Life Insurance as the Hub Asset
22:18 Taxable, Tax-Deferred or Tax-Free
22:58 Problems With Roths, Munis and 529s
23:47 The True Cost of Paying for College
24:28 Why Banks and the Rockefellers Own It
24:55 Recapturing Dollars You Are Losing
26:09 Lawsuit, Disability and LTC Benefits
26:36 Buying Stock With a Cash Value Loan
27:42 Financing a Restaurant and Cars
28:48 Paying for College With Policy Loans
29:28 Financing Real Estate Through an LLC
29:57 30-Year vs 15-Year Mortgages
30:21 Car Loan or Policy Loan: Which Wins
31:32 The Downsides of Life Insurance
32:19 When Term and Annuities Make Sense
33:33 His Take on Infinite Banking
33:57 Common Infinite Banking Mistakes
34:56 Delivering a Death Claim to a Widow
37:35 Planning for the One Certainty: Death
39:06 Adversity: A Broken First Marriage
43:25 Losing His Son and Losing His Faith
44:50 The Miracle That Changed Everything
47:03 Caring for His Dying Father
47:57 Growth Happens in the Valley
49:49 His Framework for Facing Adversity
51:25 You Have Infinite Power
52:12 Why Goals Matter Less Than Identity
52:51 His Last Day on Earth Message

Learn More About BetterWealth: https://betterwealth.com/home/yt/vOB2ne3BSUU

====================
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.

Learn the early warning signs that preceded Ohio National's demutualization and PHL Variable's collapse, spotted years before the public knew. In this interview, Caleb Guilliams sits down with forensic accountant Tom Gober (Deep Dive Analytics) to break down how secret captives, offshore reinsurance and XOL assets hide trouble on a life insurance company's books.

Want to See If Whole Life Insurance Makes Sense for You? Click Here:
https://betterwealth.com/go/yt/CPraAU_UmxM

Want Us To Review Your Permanent Life Insurance Policy? Click Here:
https://betterwealth.com/review/yt/CPraAU_UmxM

Want Free Whole Life Insurance Resources & Education? Go Here:
https://betterwealth.com/vault/yt/CPraAU_UmxM

Chapters:
00:00 Introduction and Trailer
02:36 Ohio National Before the Warning Signs
03:21 Captives Showing Up at a Mutual
04:44 Why New York Life Stayed Mutual
05:51 Why Captives Help a Company Sell
07:39 How Captives Inflate Surplus
08:30 The Canadian Buyer and the Fallout
08:47 Caleb as an Ohio National Agent
10:48 What Happened to Policy Performance
12:13 Liabilities Hidden, Not Removed
12:44 Your Claim Is Only on the Named Insurer
14:18 Executives Who Denied the Sale
15:00 Captives Exploded Under Private Equity
15:46 What PHL Variable Actually Was
17:00 The Rate Lock Riders That Broke PHL
17:43 Moving PHL Out of the Group
18:28 Connecticut Approves Secret Captives
19:17 What an XOL Agreement Really Is
20:44 Booking XOLs as Admitted Assets
23:36 How Black Holes Form in Secret
24:09 Golden Gate Refuses to Fund the Hole
25:02 Permitted Practices Explained
26:40 Why Captive Financials Stay Secret
29:43 Conning Report Confirms XOL Problem
30:46 Actuaries' List of Excluded Assets
31:53 Annuity vs Life Insurance Reserves
34:03 What PHL Should Have Done Instead
35:24 ACAP's Insolvent Companies Still Open
37:02 Pension Risk Transfer Red Flags
38:50 Guarantee Association Caps and Delays
41:30 Policyholders Are Taking Hidden Risk
42:31 Red Flags Shared by Every Failure
43:44 Where to Get a Carrier Report

Learn More About BetterWealth: https://betterwealth.com/home/yt/CPraAU_UmxM

====================
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.

Brad Owens joins Caleb Guilliams to break down ICHRA (now called choice) and how it lets employers cut health insurance costs while giving employees more options.

Want to See If Whole Life Insurance Makes Sense for You? Click Here:
https://betterwealth.com/go/yt/7lNLEgDG008

Want Us To Review Your Permanent Life Insurance Policy? Click Here:
https://betterwealth.com/review/yt/7lNLEgDG008

Want Free Whole Life Insurance Resources & Education? Go Here:
https://betterwealth.com/vault/yt/7lNLEgDG008

Learn More About BetterWealth: https://betterwealth.com/home/yt/7lNLEgDG008

====================
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.

Learn how a 65-year-old can turn $300,000 into roughly $2,000 a month of guaranteed income for life. In this interview, Caleb Guilliams sits down with Dr. Michael Finke of the American College of Financial Services to break down how to cover fixed retirement expenses with annuities and Social Security before investing the rest.

Connect with Michael on Linkedin: https://www.linkedin.com/in/michael-finke-8134808

Are You a Financial Advisor or Agent? Further Your Education Here: https://www.theamericancollege.edu

Chapters:

00:00 Introduction and Trailer

02:02 Why Savers Also Eat Healthier

05:05 Investing In Health Before Retirement

06:40 Why He Studies Retirement Income

09:12 The Economist View Of Retirement Risk

11:38 Where The 4% Rule Came From

13:37 Why Dave Ramsey's 8% Rule Fails

15:19 Sequence Of Returns Risk Explained

17:09 The Case For 5% And Flexibility

18:31 Bucket vs Annuity Strategies

21:29 Using Home Equity And Reverse Mortgages

23:38 Why Advisors Resist Annuities

25:26 Why Annuity Payouts Are So Generous Now

27:18 Cover Fixed Expenses With Annuities

28:07 How Insurers Pool Longevity Risk

30:18 $2,000 A Month For Every $300,000

31:33 How He Builds His Own Retirement Plan

33:15 The RMD Effect And Underspending

37:01 Ants vs Grasshoppers In Retirement

40:43 Die With Zero And Giving While Alive

42:38 Can Annuities Help You Live Longer?

45:02 Permanent Life Insurance Tax Benefits

48:26 Life Insurance As A Permission Slip

51:16 Will Longer Lifespans Break Annuities?

55:03 Private Equity Owned Insurers Risk

57:58 What To Do Before Retirement Age

59:01 MYGAs: A CD In An Annuity Wrapper

59:55 Mindset: The Best Retirement Predictor

Learn More About BetterWealth: https://betterwealth.com/home/yt/YsJyaQrPByY

====================

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.

Learn how to build the best retirement plans based on your income level as well as how to create a 'super Roth' with as little as $100,000 a year. We walk through the ladder of retirement plans based on wealth status, from the Roth IRA up to cash balance plans and tax-deductible life insurance. In this interview, Caleb Guilliams sits down with Paul Sundin, CPA and founder of Emparion, a company which has been recognized on the highly prestigious Inc. 5000 list of America's fastest-growing private companies.

Want to See If Whole Life Insurance Makes Sense for You? Click Here:
https://betterwealth.com/go/yt/3SV_CgIIQzU

Want To Learn More About Working With Paul? Click Here: https://www.emparion.com

Chapters:
0:00:00 Introduction
0:01:43 The Best Tax Advantaged Retirement Accounts
0:04:37 Traditional IRA and Roth IRA Basics
0:05:58 How the Backdoor Roth Works
0:06:40 Why Roth Income Limits Still Exist
0:08:56 Funding a Roth for Your Kids
0:10:06 SEP IRA: Best Fit and Limits
0:12:00 Control Group Rules Explained
0:13:33 SIMPLE Plans for Small Teams
0:14:51 Solo 401(k): The Bread and Butter Plan
0:16:56 Adding a Roth to a Solo 401(k)
0:18:30 Safe Harbor 401(k) and Employee Match
0:20:16 Mega Backdoor Roth: 3 Components
0:24:06 Cash Balance and Defined Benefit Plans
0:25:29 Rules for Combining Retirement Plans
0:27:30 Will Taxes Really Go Up? Paul's Take
0:31:52 How a Defined Benefit Plan Works
0:35:43 Why Age and Income Drive Contributions
0:37:26 The Tesla Analogy for DB Funding
0:40:40 Who Cash Balance Plans Are Built For
0:42:36 Your Funding Range and the 50% Kicker
0:45:27 Investing Inside a Cash Balance Plan
0:49:29 Who Is a Bad Fit for These Plans
0:50:26 Life Insurance Inside a 401(k)
0:53:40 Rolling an IRA to Buy Life Insurance
0:56:22 Why Buy Insurance Inside a Plan
0:59:47 Long-Term Care and Section 105 Plans
1:03:31 PPLI: The Super Roth Explained
1:05:11 Upgrading a Policy With a 1035 Exchange

Learn More About BetterWealth: https://betterwealth.com/home/yt/3SV_CgIIQzU

====================
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.

Our most complete whole life insurance masterclass: the best moments from our interviews and explainers on how whole life works, how to design a policy, retirement planning and more, all in one video.

Want to See If Whole Life Insurance Makes Sense for You? Click Here:

https://betterwealth.com/go/yt/GVbtfZlz9F0

Want Us To Review Your Permanent Life Insurance Policy? Click Here:

https://betterwealth.com/review/yt/GVbtfZlz9F0

Want Free Whole Life Insurance Resources & Education? Go Here:

https://betterwealth.com/vault/yt/GVbtfZlz9F0

Learn More About BetterWealth: https://betterwealth.com/home/yt/GVbtfZlz9F0

Chapters:

Intro - 0:00 Permanent Vs Term Life Insurance |

Bobby Samuelson - 0:59 Tax Benefits of Whole Life Insurance | Karlton Dennis - 11:42

Intro To Retirement Benefits of Whole Life | Tom Wheelwright - 34:04

The IRR (Internal Rate of Return) of Whole Life Insurance | Todd Langford - 42:42

Whole Life Insurance Vs Bonds | Dr. Tom Wall - 1:03:40

The 5 Cons of Whole Life Insurance - 1:16:13

Five Ways To Design Whole Life Insurance - 1:25:19

How To Fix An Old Whole Life Insurance Policy | Alden Armstrong - 1:44:50

When Can You Borrow Against Your Whole Life Policy? - 2:02:54

Buying Real Estate Investments with Whole Life Insurance | Dom Rufran - 2:08:12

Whole Life Insurance For Retirement Planning | Ed Slott - 2:39:42

The Volatility Buffer Strategy - 2:57:18

Four Whole Life Insurance In Retirement Case Studies | Walter Young - 3:07:11

How To Pass On Generational Wealth Forever (Waterfall Method) - 3:58:05

====================

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.

Learn what the $235 billion problem hiding inside the life insurance industry means for your policy and how to tell if your carrier is financially sound. In this presentation, Caleb Guilliams hosts Tom Gober (Deep Dive Analytics), a 41-year insurance examiner, who explains how to read a carrier's statutory annual statement to judge surplus, reinsurance and transparency.

Want to See If Whole Life Insurance Makes Sense for You? Click Here:
https://betterwealth.com/go/yt/Ythmh6OyrYI

Want Us To Review Your Permanent Life Insurance Policy? Click Here:
https://betterwealth.com/review/yt/Ythmh6OyrYI

Want Free Whole Life Insurance Resources & Education? Go Here:
https://betterwealth.com/vault/yt/Ythmh6OyrYI

Chapters:
00:00 Introduction and Trailer
00:56 Why Carrier Choice Matters Most
02:32 Statutory vs. GAAP Accounting
03:05 You Can Only Claim the Carrier
04:03 Surplus: The Only Solvency Buffer
06:25 Private Equity vs. Mutual Surplus
07:12 Pensions Being Moved to Insurers
08:05 41 Years as an Insurance Examiner
09:16 Risky Assets, Liquidity and Opacity
10:02 Two Years Undercover on Fraud Cases
10:40 Iowa Made Captive Filings Secret
13:13 How Black Box Captives Underfund
15:05 Regulators Too Cozy With Carriers
17:03 Athene's $235 Billion Offshore Deal
18:29 From Athene to Chairing the NAIC Group
20:37 The Biggest Threats to the Industry
20:54 How Carriers Create Fake Surplus
21:13 Illiquid Assets Pushed by Private Equity
21:58 The Insurer as the Group's Cash Cow
23:12 The Whirling Dervish Reinsurance Map
25:59 Building the Deep Dive Risk Report
28:11 Compare Risk to Surplus, Not Assets
28:49 The Carrier Risk Spectrum Explained
30:12 The One Question to Ask Any Carrier
31:14 How to Get Your Free Carrier Report
34:59 Your Policy Is Only as Strong as Carrier

Learn More About BetterWealth: https://betterwealth.com/home/yt/Ythmh6OyrYI

====================
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.

See why whole life insurance agents get called crooks, and what that claim gets wrong. Caleb Guilliams reacts to Dave Ramsey and George Kamel telling a caller to run from whole life, breaking down the tax, safety and commission claims and the case for a non-correlated volatility buffer.

Want to See If Whole Life Insurance Makes Sense for You? Click Here:

https://betterwealth.com/go/yt/CyjBvKzWoWk

Want Us To Review Your Permanent Life Insurance Policy? Click Here:

https://betterwealth.com/review/yt/CyjBvKzWoWk

Want Free Whole Life Insurance Resources & Education? Go Here:

https://betterwealth.com/vault/yt/CyjBvKzWoWk

Chapters:

00:00 Introduction and Trailer

00:40 Caller's Advisors Recommend Whole Life

01:34 Why Whole Life Triggers Dave Ramsey

02:20 Fear Mongering vs Diversification

04:19 If the Insurance Company Goes Kaput

04:46 State Guaranty Funds as a Backstop

05:25 Are Life Insurers Safe or Risky?

07:00 Mutual vs PE-Backed Insurance Companies

08:52 Is Whole Life Really Tax Exempt?

09:59 Cost Basis and Taxes Explained

10:57 Policy Loans vs Withdrawals

11:52 Buy, Borrow, Die With Life Insurance

13:09 Tax-Free Cash Flow Is Not Income

14:50 The Atomic Bomb Financial Plan

16:26 Running Gray and Black Swan Scenarios

17:29 Why Keep 1-4 Years Out of the Market

19:15 Whole Life vs Savings and Bonds

21:41 If Your Account Drops in Retirement

24:29 Are Insurance Agents Really Advisors?

25:34 Are Agents Just Chasing Commissions?

27:23 Term Insurance Commissions Explained

27:53 Why Canceling a Policy Blindly Is Bad

28:20 How Policy Design Changes Returns

29:29 Commissions vs AUM Fees

30:43 What Good Planning Looks Like

Learn More About BetterWealth: https://betterwealth.com/home/yt/CyjBvKzWoWk

====================

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 loving memory of John Noel who passed away peacefully at his home Sept. 30, 2026

With the recent passing of my dear friend and mentor, John Noel, I wanted to reshare my interview with him in 2019, not only to honor his legacy but share the stories and lessons he left behind.

John Noel was the founder and visionary behind Travel Guard, a multi-million dollar travel insurance business that pioneered the industry itself. In this podcast he shares the stories and lessons that made him into the man and successful business owner he was.

Learn how buy and hold real estate investors can potentially double their long term returns by storing reserves and down payment capital in whole life insurance. In this interview, Caleb Guilliams sits down with John Stewart (Paradigm Life) to break down why real estate and permanent life insurance work together instead of competing, how a policy functions like a piece of property you finance over time, and the hierarchy of wealth framework he uses to decide how much capital sits in reserves versus gets deployed into deals.

Watch the Interview on Youtube for Visuals - https://youtu.be/FSK_DzM9UR0

Want to See If Whole Life Insurance Makes Sense for You? Click Here: https://betterwealth.com/go/yt/FSK_DzM9UR0

Want Us To Review Your Permanent Life Insurance Policy? Click Here: https://betterwealth.com/review/yt/FSK_DzM9UR0

Want Free Whole Life Insurance Resources & Education? Go Here: https://betterwealth.com/guide/yt/FSK_DzM9UR0

Chapters:

00:00 Introduction and Trailer

01:53 What a Family Loses Without Insurance

03:02 Why the Wealthy Buy Whole Life

03:34 Why Real Estate Investors Need Liquidity

05:20 Asset Protection and Tax Free Access

05:55 How His First Policy Was Set Up Wrong

07:55 Fixing a Bad Policy With a 1035

09:19 From $1M a Month to Laying Off 100

13:18 The Only Asset Banks Couldn't Touch

14:01 Life Insurance Is Like Buying Property

15:40 How Tax Free Growth Actually Works

16:55 Why Investors Resist It Until a Crash

17:56 Why You Were Never Taught About This

19:39 How This Doubles Real Estate Returns

20:38 Where Rental Cash Flow Should Sit

20:54 Optimizing vs Building Real Margin

21:33 Being Liquid When Deals Go on Sale

24:11 How Much to Hold vs Deploy

24:59 Whole Life vs UL, VUL and IUL

27:28 How He Uses His Seven Policies

28:47 How Much He Keeps in Reserves

30:07 When He Deploys Into a Deal

32:08 What Return Justifies a Policy Loan

32:41 How Much to Fund Into Life Insurance

34:57 The Hierarchy of Wealth Explained

35:55 Why Both Assets Get Tax Benefits

38:44 Build the Foundation Before the Pyramid

Learn More About BetterWealth: https://betterwealth.com/home/yt/FSK_DzM9UR0

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.