A question we are often asked by new clients, just starting their IBC journey is "how much should I fund a policy?" Or "How much does it cost?"

Whole life insurance, for the purposes of implementing the Infinite Banking Concept®, is about capitalizing (aka, storing cash).

So the real question should be: "How much do you want to save?"

When looked at in this way, we start to see that whole life insurance premiums are not a cost at all.

Questions? Head over to TheFifthEdition.com where you can:

• Schedule a free, no-obligation consultation to better understand how IBC could work for you.
• Get access to the online course, Whole Life Insurance Fundamentals, with a 50% discount

In this episode we'll discuss the rules of thumb, pro's and con's, and other insights you ought to know if you're thinking about starting an Infinite Banking policy for your children. In the insurance world, these are called juvenile policies.

And be sure to give Episode 21 "Who to Insure First" another listen for additional context!

As always, let us know what questions you have. The hosts of the show are IBC Authorized Practitioners and can be reached at www.TheFifthEdition.com.

We often talk to folks who will tell us they have a lump sum of money that they want to use to "start their IBC policy."

How can we deal with large lump sums of cash with regards to The Infinite Banking Concept®?

We can't deal with it like most of us are used to with typical financial accounts. Because life insurance is an actuarial product, we must have a strategy to deal with large lumps sums. The good news is that when we use IBC principles, it's even better than just depositing the money in an account.

If this is something that has been on your mind, go to www.thefifthedition.com and schedule a free consultation.

In this episode we share some thoughts on taxes.

In Becoming Your Own Banker, Nelson Nash likens the financial world to flying an airplane. "... you cannot fly an airplane through a vacuum. It must go through an environment!"

If you ever travel by plane, you know that it takes longer to fly west than it does to fly east. This is because flying west, you are flying into a headwind. It takes around 20% longer to fly west than it does to fly east.

In finance, all costs (now and in the future) create a financial headwind. And for most people taxes are the largest drag on our financial lives.

Let's discuss!

Resources mentioned in this episode:

An IBC® Tax Strategy Part 1

An IBC® Tax Strategy Part 2

An IBC® Tax Strategy Part 3

Real estate investors, more than others, perhaps, have difficulty getting comfortable with the capitalization period of a whole life insurance policy.

In this episode we break this down in detail and walk through a 30-year model of buying real estate with bank cash vs buying real estate using life insurance cash value.

You can see a full video of this analysis at https://www.thefifthedition.com/44

One of the biggest talking points in 2021 has been inflation with government reported CPI at numbers not seen since the early 1980's. Will inflation be "transitory" as Fed Chairman Jerome Powell stated or is it here to stay? More importantly for Infinite Banking, does IBC still make sense going into 2022 and beyond if inflation persists?

We tackle why IBC still makes sense in a world with rising inflation so you'll want to take a listen to this episode. As we continually remind listeners, you'll never be in a worse position by having access to cash, especially in a world with so much uncertainty!

For more information on getting started with Infinite Banking or if you have specific questions we can help answer in future episode, get in touch with us at www.TheFifthEdition.com.

If you're wondering what Nelson Nash meant when he instructed Infinite Bankers to pay extra interest, this is your episode! Paying "extra interest" really seems to confuse a lot of people because it is so ingrained into our psyche to be told what our required loan payment is each month. So much so that the idea of setting our own schedule of payments can be completely foreign to new Infinite Bankers.

This is what financial freedom is... the ability to make your own financial decisions on your own terms. Infinite Banking allows this autonomy and control over your finances.

Take a listen to learn more about IBC and visit www.TheFifthEdition.com to ask questions or schedule a call with the hosts!

At the end of last year, December 2020, Congress passed the Consolidated Appropriations Act. In addition to its many stimulus measures, it contained a provision that affects permanent life insurance products like the ones we endorse for Infinite Banking.

Have the so-called 7702 changes affected what we do with IBC or do the principles of Infinite Banking remain the same? Take a listen and find out.

And remember the best time to start IBC is 20 years ago, but the second best time is today!

To schedule a consultation to start your Infinite Banking journey, please visit us at https://TheFifthEdition.com.

And if you haven’t yet read it, be sure to pick up a copy of Becoming Your Own Banker directly from the Nelson Nash Institute.

One of the classic mistakes people make before deciding to implement Infinite Banking is focusing on the cash value growth. We encounter it all the time. As Nelson would say, "You're majoring in the minors!"

Though it is initially a challenge getting beyond the "rate of return" mindset that we have been taught by Wall Street, as you learn more about The Infinite Banking Concept you'll start to realize there's so much more value and benefits to IBC beyond the yield Whole Life policies generate.

In this episode we'll discuss what life insurance, as an asset class, should be compared to and help you see the bigger picture about the use of your Infinite Banking cash values.

Take a listen, let us know what questions you have, or even schedule a consultation to start your Infinite Banking journey at https://TheFifthEdition.com.

And if you haven’t yet read it, be sure to pick up a copy of Becoming Your Own Banker directly from the Nelson Nash Institute.

One of the best ways to ensure we maximize the Infinite Banking strategy is by understanding when we should take policy loans. This is a little discussed topic but it's a topic you should be up to speed on.

Just because we have access to cash values doesn't mean we should always use policy loans.

In this episode we'll discuss the idea of "shopping" for money, our 5 Rules of Thumb, and why this topic is so important. We'll also talk about different examples to help you better understand when best to take policy loans and we'll even touch on whether or not policies loans help grow cash values.

Take a listen, let us know what questions you have, or even book a consultation to start your Infinite Banking journey at www.TheFifthEdition.com.