Not Your Average Financial Podcast™

Episode 208: Turning $82K into $20M with Chris Thurman

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In this episode, we ask:

  • What about a seed?
  • Who is Chris Thurman?
  • What about his partner Grant Thompson?
  • What happened when Mark was a client?
  • What about love?
  • What about life insurance as a central component?
  • What about a story?
  • How do we need to think?
  • What about Nelson Nash?
  • Why did Nelson Nash plant trees?
  • What about having a huge impact on your family?
  • What about the numbers?
  • What about insurance on the wife?
  • What about insurance on the husband?
  • Who do we want to insure?
  • Who do we want to benefit?
  • What happened when the son-in-law ended up in the hospital?
  • What about the paid up additions riders (PUA riders)?
  • What about the death benefit?
  • What about getting the windfall?
  • What did they do that was different?
  • What did they do with the inheritance?
  • How did she buy her house?
  • What happens at age 65?
  • What happens at her age 90?
  • What about multi generational planning?
  • Who started all of this?
  • How much did grandpa contribute?
  • What happens at the 4th generation?
  • What about life insurance on babies?
  • When do we want to start compound growth?
  • What about protecting insurability?
  • What about his son’s insurability?
  • What about teaching your children and your grandchildren?
  • What is the growth?
  • Where else can she start an outcome like this?
  • What about the Rockefeller Family?
  • What about the Rothschild Family?
  • What about the death benefit alone?
  • What have the policies grown to?
  • What about the legacy for this family?
  • Can her son handle this much wealth?
  • Why not term insurance?
  • How many term insurance policies will be in force at 90 years old?
  • Does term insurance have its purpose?
  • Why is whole life insurance required to make it work?
  • What about starting with your children?
  • What about starting with your grandchildren?
  • What about teaching kids on a camping trip?
  • What about teaching kids through example?
  • Who owns their cars?
  • Who borrows on their cars?
  • What about the “normal” way?
  • What about sharing annual reports?
  • What was his experience gifting his daughter a policy after graduation?
  • What about teaching your kids along the way?
  • What do they teach about money in school?
  • What about being normal?
  • What about being in debt up to your eyeballs?
  • What about having a nice credit score?
  • What about having a 401(k)?
  • What about sticking the money in the drywall of your house?
  • What about a sibling summit?
  • Is love part of your rate of return?
  • What principles or proverbs would Chris leave to his family?
  • How was Chris impacted by his Bank on Yourself® type whole life insurance policy?
  • Would you like to reach out to Chris and/or Grant? thompsonthurman.com

    • Chris Thurman is the co-owner of Thompson & Thurman in Amarillo TX and one of only 200 Bank on Yourself® Professionals in the United States and Canada.  He takes a comprehensive view of each client’s financial situation, and is passionate about guiding his clients towards success. He uses the Bank on Yourself® process to enable his clients to have a rock-solid financial plan and a predictable retirement income, with no luck, skill or guesswork required. Chris helps his clients become their own source of financing and get back what they pay for major purchases so they can have a richer lifestyle in retirement that is not directly dependent on the ups and downs of the stock and real estate markets.

    Chris is married to his wife Holly and they have 3 children Austin, Claire and Spencer. In Chris’ spare time he enjoys spending his time at his kids sporting events and spending time with the family in the mountains fishing and riding ATV’s.

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