IBC offers you unparalleled control over your capital - but the key is ensuring that you create your system of policies properly. You want to make sure that you get access to a level of ownership that is virtually non-existent in the market.

In this week’s episode, the guys cover illustrations once again as well as the importance of getting proper guidance from a practitioner of IBC. They also clear up some misconceptions about how you manage your policy and check out an actual policy illustration sent in from a listener!

Episode Highlights:

(0:00) - Introduction

(0:31) - Beginning of episode

(2:59) - Some new content ideas and plans for the future

(5:30) - The guys check out a policy illustration

(11:56) - Use a practitioner when you get guidance

(13:13) - Ownership and control

(19:43) - Financing the things in life, paying big premium

(24:40) - IBC doesn’t demand a lot

(26:30) - Episode wrap-up

Is IBC for you? Use this link to schedule and intro call with us: 

https://calendly.com/dave-743/wealth-warehouse-intro-call

ABOUT 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.

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:

[email protected]

Difficulty or success in life are decided, in large part, by how you build your wealth.

In today’s episode, Dave and Paul take a look at the book “Heads I Win, Tails You Lose” and the “Hierarchy of Wealth” concept it outlines.

This opens a much broader discussion on where most people traditionally “park” their money as well as how they look at risk. The guys also tackle each tier of the “Wealth Pyramid”, weigh in on a listener’s question on 401ks and more!

Episode Highlights

(0:00) - Introduction

(0:37) - Beginning of episode

(3:45) - Listener question on 401ks

(9:40) - Some context around “The Hierarchy of Wealth/Wealth Pyramid”

(10:45) - “Tier 1” of the pyramid

(13:06) - “Tier 2” of the pyramid

(15:14) - “Tier 3” of the pyramid

(18:55) - “Tier 4” of the pyramid

(24:26) - Being conservative vs. being “in the mainstream”

(29:43) - Paying more, paying more often

(31:25) - Episode wrap-up

"Why Dave quit his 401(k)":

https://www.linkedin.com/pulse/why-i-quit-my-401k-david-a-befort-jr-/

Is IBC for you? Use this link to schedule and intro call with us:

https://calendly.com/dave-743/wealth-warehouse-intro-call

ABOUT 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.

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:

[email protected]

Leaving a legacy is arguably one of the most important things a person can do. It’s a difficult task to accomplish that also takes a disciplined mindset and an eye for the future.

In this week’s episode, the fellas take a look at the components of legacy and how it mixes not only with IBC, but also with contemporary views on wealth creation. How should you set up your family members for when you graduate? What need to go right? What could go wrong?

And being fathers themselves, Dave and Paul also dive into what legacy means for them as well as what they are doing to secure the next generation’s future!

Episode Highlights:

(0:00) - Introduction

(0:32) - Beginning of the episode

(3:48) - Client success story

(7:24) - Having different “buckets”

(9:51) - What goes into legacy?

(14:29) - What legacy planning means to Paul and Dave

(19:33) - Nelson weighs in

(23:24) - What Nelson’s plan looks like in action

(26:34) - Some more significant advantages of Nelson’s plan

(33:45) - Episode wrap-up

Is IBC for you? Use this link to schedule and intro call with us: 

https://calendly.com/dave-743/wealth-warehouse-intro-call

ABOUT 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.

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:

[email protected]

With the new year officially here - it’s time to look forward to these next 12 months and see what you can do to make 2023 bigger and better for your financial future.

So join the fellas this week as they outline their “7 Steps for a Better 2023”! Maybe you’re a new user, or a prospective IBC practitioner and you want to find out how you can get deeper. Perhaps you’re a vet that has years under your belt. It doesn’t matter!

From getting a mentor and the right information to tweaking your mindset , Dave and Paul will take you through the broad moves you need to make for success in the coming year.

Episode Highlights:

0:00 - Introduction

2:30 - Reflecting on 2022, question from a recent client

6:06 - Introduction to the “7 Steps for a Better 2023”

7:22 - “Start thinking like a banker”

10:36 - “Add guarantees and certainties in your financial life”

14:19 - “Don’t think either/or, think both/and”

18:35 - “Get mentors, get advice”

21:35 - “Start questioning what you’re being sold and told”

26:32 - “Avoid the noise”

31:10 - “Build your capital base for opportunities”

33:10 - Episode wrap-up

Is IBC for you? Use this link to schedule and intro call with us: 

https://calendly.com/dave-743/wealth-warehouse-intro-call

ABOUT 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.

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:

[email protected]

With 2022 close to being in the rear-view mirror, it’s important to not only reflect on the past year but also to look forward to the future.

In this week’s episode, the guys cover “7 Points to Consider” to help get you focused for the year to come as well as getting some of the uninitiated thinking more seriously about IBC.

Dave and Paul cover each point, giving you the concepts and context to help you understand this idea when you’re looking at it from 1000-feet. Not only do they tackle the tangible benefits, they also investigate some of the philosophy behind it as well.

Episode Outline:

0:00 - Introduction

0:30 - Beginning of episode

1:01 - Paul’s biggest insight or takeaway from the last year

4:47 - Dave reflects on 2022

11:09 - “7 Points to Consider”

11:45 - “There are only two sources of income: people at work and money at work”

15:05 - Getting the money back that you pay into “the system”

16:38 - Creating your own bank and using it like you would any other

18:41 - Government “creating and solving problems” simultaneously

21:47 - “Wealth has to reside somewhere”

24:39 - “Pay interest to someone else or give up interest you could have earned elsewhere”

26:44 - What’s more important, your need for life insurance or your need for financing your life?

27:31 - Episode wrap-up

Is IBC for you? Use this link to schedule and intro call with us: 

https://calendly.com/dave-743/wealth-warehouse-intro-call

ABOUT 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.

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:

[email protected]

With almost a year in the books and so many concepts covered, it’s easy to lose sight of the basics.

In this week’s episode, the guys are going back to basics and reviewing Nash’s 5 Principles as outlined in his groundbreaking book “Becoming Your Own Banker”. Dave and Paul break down each principle, what they mean and how they are relevant in terms of managing your policy today, tomorrow and years in the future.

Be sure to tune in to today’s episode - it’s a great refresher for newbies and grizzled vets alike!

Episode Outline:

(0:00) - Introduction

(0:290 - Beginning of the episode

(3:15) - Listener question

(7:42) - An overview of Nash’s 5 Principles

(9:56) - First Principle: Re-think your thinking

(11:45) - Second Principle: Think long-range

(18:50) - Third Principle: Don’t be afraid to capitalize

(22:16) - Fourth Principles: Don’t steal the peas

(25:04) - Fifth Principle: Don’t do business with banks

(26:20) - Discussion about inflation, monetary policy

(30:25) - Episode wrap-up

Is IBC for you? Use this link to schedule and intro call with us: 

https://calendly.com/dave-743/wealth-warehouse-intro-call

ABOUT 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.

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:

[email protected]

“Capital attracts opportunity” - and IBC can put you in the position to take advantage of those opportunities.

In today’s episode, the guys discuss more of the banking and private lending aspect of IBC. Dave and Paul also share some client experiences with red flags, some more on the mindset you need coming in, legacy and the flexibility IBC gives you.

Episode Outline:

(0:00) - Introduction

(2:58) - When you have capital, opportunity finds you

(6:31) - When it comes to private lending, it has to be a “win-win”

(10:23) - Some red flags clients experienced

(14:53) - The “ideal client”

(17:24) - Expanding “your system” and IBC in your life

(20:50) - Life insurance is love insurance, how IBC build a legacy

(25:15) - Paying your premium and IBC’s flexibility

(29:57) - Episode wrap-up

Is IBC for you? Use this link to schedule and intro call with us: 

https://calendly.com/dave-743/wealth-warehouse-intro-call

ABOUT 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.

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:

[email protected]

Getting your policy in place is one thing, but how you utilize it is the key.

In this week’s episode, Dave and Paul explore some of the opportunities that IBC gives you. While some benefits remain “unseen”, the ways in which you can structure and use your policy are very much known. 

The guys go through their own philosophies on using cash value, how they approach wealth building and the ways in which IBC changes your whole investing perspective. They also recall some of the opportunities both their clients and they themselves have found through IBC - as well as a new strategy that they are working on..

For all you policy owners, make sure you tune in to get a sneak peek into the mindset and strategies you need to have to really become your own banker.

Episode Outline:

(0:00) - Introduction

(0:30) - Beginning of episode

(1:53) - Listener question, “Is getting a convertible term insurance policy and converting it to a whole life policy common for somebody who is initially uninsurable?”

(4:21) - Wielding your policy, how it can be used to finance your life

(6:17) - Dave and Paul’s philosophies on using cash value

(10:04) - IBC changes your perspective on investing, the “come up”

(13:57) - How Dave, Paul and their clients have found opportunities

(18:01) - How a mortgage mixes with your policy

(20:05) - IBC allows you to have options

(21:16) - Dave and Paul’s new strategy

(26:50) - Sneak peak into some new content

(29:08) - Episode wrap-up, new sign-off

ABOUT 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.

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:

[email protected]

Getting your policy in place is half the battle with IBC, the other half is managing it properly and avoiding rookie mistakes.

In this episode, the guys take you through their list of “mistakes to avoid” for IBC. These tips are relevant for newcomers and veterans alike and range from your wealth building philosophy to simple management and policy funding.

Tune in to make sure you’re avoiding these common setbacks so that your policy can keep running efficiently and smoothly!

Episode Outline:

(0:00) - Introduction

(0:31) - Episode beginning, catching up

(1:51) - Client question, should you always convert a convertible term policy to a whole life policy?

(5:31) - IBC mistakes to avoid

(5:58) - IBC’s power lies in the “unseen”

(7:28) - The first mistake: Leaving yourself on “an island”

(10:02) - The second mistake: “Stealing the peas”

(12:06) - The third mistake: Having an outstanding loan AND having money in savings

(13:40) - The fourth mistake: Limiting the amount of wealth you can create by not funding your policy for long enough

(18:41) - The fifth mistake: Starting with a solution without understanding the problem

(21:15) - The last mistake: Continuing with a policy that isn’t designed properly

(27:14) - Episode wrap-up, what Dave and Paul are most thankful for

ABOUT 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.

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:

[email protected]

IBC can help you become your own banker - but what does it do for your business?

In today’s episode, Dave and Paul look at IBC through the lens of the business owner. There are unique benefits to IBC and a few different ways that a business owner can take advantage. The guys take a closer look at some of those strategies, as well as their take on owning a policy through a business, the drawbacks and more!

Episode Outline:

(0:29) - Beginning of episode

(2:55) - Listener question, other ideas for passive income and funding premiums in retirement

(7:20) - How can businesses use whole life insurance policies

(9:08) - Owning a policy as an individual vs. through your business

(10:55) - Buy/sell agreements

(17:04) - “Key person” policy

(22:10) - Dave’s personal experience with key-person contracts

(27:20) - Life insurance for money lending

(29:18) - Episode wrap-up

ABOUT 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.

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:

[email protected]