By John Montoya, John D. Perrings
4.8
5555 ratings
The podcast currently has 110 episodes available.
In today's episode, we discuss a misleading IUL ad we found on Instagram. We break down the numbers to explain why this ad (and IUL in general) is, in our professional opinion, a smoke-and-mirrors game.
Indexed Universal Life (IUL) is often touted as "unbundled whole life insurance" or, worse, just like an investment but with no risk...
Nothing could be further from the truth. IUL is not an investment, and it's not just "unbundled whole life," either.
Tune in to learn all about IUL.
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EPISODE HIGHLIGHTS:
00:17 Misleading IUL Ads: A Real-Life Example
02:01 The Impermanence of IUL Policies
04:20 What Floors, Caps, and Par Rates Do to the Numbers!
08:24 Historical Context and Regulatory Changes
27:37 The Cost of Insurance in IUL Policies
35:17 A Call to Action If You Own an IUL Policy
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
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About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
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Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
Today, we have a special guest, Dave Mozeika, co-founder of the cash flow platform called Currence.
In episode 103, we discussed the problem of a lack of focus on savings and spending. Today's topic, Currence, is the solution to that problem.
Currence is about setting up a better cash flow structure that, combined with IBC, can create financial freedom faster than you ever thought possible.
Tune in to learn how!
>>Talk to us about Currence<<
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EPISODE HIGHLIGHTS:
(00:12) Guest Introduction: Dave Mozica
(00:54) The Problem with Budgeting
(01:25) Dave Mozica's Background and Career
(03:49) Understanding Cash Flow and Financial Structure
(05:24) Introduction to Currence
(09:07) How Currence Works
(19:19) Implementing Currence
(22:00) Currence and Infinite Banking Concept
(22:27) Managing IBC Transactions with Currence
(23:38) Integrating Currence with a Wealth Coordination Accounts
(24:32) Personal Examples of Multiple Checking Accounts
(26:17) The Currence Spending Baseline
(26:56) The Role of Calibration Sessions
(31:04) IBC Doesn’t Necessarily Fix Spending Problems
(32:48) The Power of Connected Cash Flow
(38:06) Success Stories and Client Experiences
(43:13) Empowering Advisors with Currence
(45:58) Final Thoughts and How to Get Started
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
In this episode, we'll discuss how IBC positively affects every stage of life, from your first job and accumulation to retirement and transferring a financial legacy.
Tune in!
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EPISODE HIGHLIGHTS:
(02:08) Starting Your Financial Journey: First Job
(10:47) Building a Family and Financial Security
(19:50) Accumulation Phase: Growing (and Protecting) Your Wealth
(24:40) Pre-Retirement Planning: Maximizing Efficacy
(30:43) Retirement Phase: Leveraging Certainty Assets
(37:20) Legacy Transfer and Estate Planning
(42:32) Why Whole Life Insurance Works at Every Stage
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
We have spent a lot of time discussing why paying premiums is great and why we should want to pay them for as long as possible. From an Infinite Banking perspective, why would we not want to capitalize our "bank" to the greatest extent possible?
This begs the question: is it ever appropriate to not pay a premium for a long time?
A "Single-premium" whole life policy is designed for one premium, and that's it. As usual, there are significant tradeoffs to this type of design, the biggest of which concerns taxes.
Tune in to this episode and learn about three potential use cases for a single-premium whole life insurance policy.
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EPISODE HIGHLIGHTS:
(01:41) Single Premium Policies as a CD Replacement for Seniors
(06:53) Single Premium Policies for Real Estate Investors
(14:07) Single Premium Policies for College Planning
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
How and when should you use IBC to pay for expenses vs just paying cash?
In this episode, we share a "recurring expense funds" model that proves the mechanics of using The Infinite Banking Concept to better pay for large recurring expenses.
Subscribers to the IBC MASTERY online course can watch a deep-dive video explanation of the recurring expense fund model.
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EPISODE HIGHLIGHTS:
(00:58) The Capitalization Phase Explained
(03:28) Mindset and Financial Strategy
(08:49) Practical Applications and Examples
(14:31) Evaluating Recurring Expense Funds
(21:29) Long-Term Benefits of This Model
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
Do you even *want* to get well financially?
Humans tend to reject solutions to their problems. In the book Becoming Your Own Banker, Nelson Nash talks about the problem most people face: they do not have control over their need for financing throughout their lives.
If there is a solution to this problem, can you think of any reason not to embrace it or, at minimum, to make some effort to understand it?
Embrace the solution, friends!
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EPISODE HIGHLIGHTS:
(00:18) Humans Have a Tendency of Rejecting Solutions to Problems
(01:12) Asking the Right Questions
(01:21) The Value of Whole Life Insurance
(01:52) Do You Want to Get Well, Financially?
(02:37) Embracing the Solution: Whole Life & IBC
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
Buying things based on interest rates alone can be a big problem. We seeing the proof of that right now in the commercial real estate market where owners having to refinance at higher rates is causing fire-sales pretty much across the board.
It's also true with other asset classes like whole life insurance. Sometimes people will pass up whole life because they think they can get better rates on either growth or loans somewhere else.
But one thing we know is true: Rates change. People who passed on whole life 5 years ago because bank rates were lower are kicking themselves now that bank rates have gone up!
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EPISODE HIGHLIGHTS:
(00:22) Understanding Rates and Whole Life Insurance
(01:23) The Misconception of Rates in Financial Decisions
(02:25) A Good Decision About Rates Now Can Be a Bad One Later
(04:10) The Benefits of Whole Life Insurance Beyond Rates
(12:30) Policy Loan Rates Explained
(20:33) The Importance of Control Over Financing
(20:45) Time Preference and Financial Planning
(24:07) Recommended Reading on Interest Rates
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
Be sure to check the link below for additional resources in this episode!
This week, we discuss the almost unreal financial potential of saving money. Yes, saving money.
In today's world of unicorn startups, crypto, and all-time-high bull markets, saving money can sometimes seem like a wasted effort.
We're here to show you that good, old-fashioned money saving might soon be viewed as the next "hack" to gaining financial freedom. Contrary to popular opinion, it's incredibly powerful and not as hard as you think.
Also - check out this video to see how saving at 4% beats investing at 10% 🤯
Your Maximum Financial Potential
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EPISODE HIGHLIGHTS:
(00:38) We all have a savings problem - and it's not what you think
(01:17) Silicon Valley has a BIG savings problem - and it is what you think
(04:44) High time preference - "Keeping up with the Joneses"
(14:10) Parkinson's Law and burn rate
(17:24) The Infinite Banking Concept - a strategic solution to saving
(26:29) Creating a wealth coordination account to turn savings upside down
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LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
This week, we talked to a real client, Ian King, who has an impressive professional life. Ian works full-time in enterprise tech but is also a business owner and successful real estate investor.
Ian talks about how, by ditching his ego and focusing on capitalizing (Infinite Banking) first rather than rushing to own more real estate "doors," he has become a much more discerning investor.
Ian King on LinkedIn
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EPISODE HIGHLIGHTS:
(03:02) The process of learning IBC
(09:12) 1:1 equity transfer from real estate to whole life
(15:10) Margin call! Learning from mistakes in accessing capital
(22:00) The power to turn down deals because of IBC
(40:55) Addressing common hang-ups with Infinite Banking
----
LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
After publishing our 100th episode last week, we thought we'd take it back to basics for episode 101 and provide an "IBC 101" episode. Ten things you should know when getting started with The Infinite Banking Concept®.
Join us as we discuss a list John Montoya created over a decade ago. It was no surprise to us that all 10 points are still applicable today. That's how principles work!
Whether you're brand new or an IBC veteran, trust us: there will be something here for you.
EPISODE HIGHLIGHTS:
(01:24) Unlocking the Power of Guaranteed Cash Value
(03:42) Maximizing Your Policy's Early Years: The IBC Strategy
(06:32) The Magic of Paid Up Additions Rider
(10:47) Dividends: The Icing on Your Financial Cake
(15:43) Uninterrupted Compounding: The Financial Unicorn
(19:58) Accessing Your Money: The Smart, Dumb, and Sad Ways
(23:51) Taking Control with Policy Loans
(30:02) Whole Life vs. 401ks and IRAs: Understanding Your Options
(33:30) Expanding Your Funding Capacity with Whole Life Policies
----
LINKS:
Get in touch: SCHEDULE A CONSULTATION
Online Course: IBC MASTERY
----
About Your Hosts:
Hosts John Perrings and John Montoya are dedicated to spreading the word about Infinite Banking so you can discover for yourself how you and your loved ones can benefit from a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family—even the skeptics!
John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998, and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
John Perrings started StackedLife Financial Strategies after a 20-year career in Silicon Valley's startup world, where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
----
Connect with us
Get in touch to see how you might apply these principles to your situation. Schedule a free, no-obligation 30-minute consultation with us today!
----
ONLINE COURSE:
Stop wasting hours on YouTube trying to piece together the information you want regarding The Infinite Banking Concept®.
Check out our soup-to-nuts online course. Get everything you need to know about IBC and whole life insurance:
IBC MASTERY
The podcast currently has 110 episodes available.
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