How I lost $534,000 Through Infinite Banking - The Chris Naugle
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- Опубликовано: 14 дек 2022
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I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
@rachealhubert74 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@rachealhubert74 I will give this a look, thanks a bunch for sharing.
FAKE spammer ad for financial advisor in This comment string!! Don’t fall for it.
Hopefully you aren’t an evil Marxist Democrat who voted in these demon-filled Globalists destroying our civilization.
Unfortunately the catastrophes just getting started.
Hate the Title ...love the FACT that your talking about lost commissions ....but some ppl will just scoll and say "see" WL is trash etc and never click on yr vid or never watch the whole thing.....I loved that you actually went over Agent commissions with actual paperwork to show.
I agree; i don't wanna subscribe to his channel because he's being deceptive
It's an effective title regardless of your opinion or what you BELIEVE the results will be.
It draws in disbelievers looking for confirmation bias and it draws in proponents who are triggered by the title.
oooh my Lord.... a light just came on. No wonder my old neighbor was trying to help me with something like this. I just couldn't see it past my own trust issues. Why doesn't anyone talk about this???
Chris you’re the man, thank you for breaking it down and making it simpler to understand.
Thanks for sharing this!!!!
I love the message! I love the production quality put into this message. And I LOVE the click bait title!
Use an Infinite Banking Practitioner for an IBC banking policy.
Would you let your general practitioner perform open heart surgery? Or would you call a cardiologist?
This is heart surgery for your finances. Find someone that has been trained properly.
How do we know those legit real ones from the scammers?????
@@YesitisDexgo to the Nelson Nash Institute and start there
Amazing breakdown!
I love this explanation and the IBC. It sounds like this process only makes sense (compared to investing your money as cash or an IRA) if:
1) Collaterialized loan interest < WL Policy Dividends
2) Premiums reinvested into the policy give you 90% cash value
If you don't meet these conditions you'll be losing money by 1000's of small cuts every time you cycle. What am I missing?
You’re amazing man!!
Hello Chris,
Like usual very nice video. I am stuck here in Europa, do you also have an option for me to do this strategy?
Best regards!
John
Thanks man
Omg, this is sooo intense!!!
Great video Chris! Does your team actually show me not only the correct policy product used (i.e. 60/40, 35/75, etc) based on my goals, but also how much commission they will make on the policy?
Infinite Banking is another term used to separate innocent hard working people from their money.
If you can borrow from your policy, can you use the money to just pay for your monthly premiums? By year 5, you’ll have enough so that it’s self sufficient. Meaning, your premiums will be less than the the interest from the compound interest?
First year you’ll lose 3k (30k premium, 27 in access cash)
2nd year might be similar.
3 might be less. So on so forth, until year 5.
the money you borrow, you can do whatever u like.. so why not use it to pay the premiums.
You could. The problem is that the loan you take is gaining interest and if you "cash" out or die, the value of the loan will be deducted from that amount. Eventually, you are going to want to pay yourself back. This is about taking back the banking function. A bank can't make money without borrowers repaying their loans.
Doing so also negates the process of implementing the infinite banking concept. You want to borrow the money so that you pay less interest to other people and take advantage of opportunities when they pop up. But you should also pay it back just like like any other loan so you can repeat the process over and over again. Not paying it back will accrue interest, but it's can be a bad habit to carry debt that you can't afford. Of course, there are completely valid reasons why not paying it off might make sense, like consolidating debt, managing cashflow between jobs etc.
Good morning Chris I am very interested in the program. Is there any kind of way I could actually meet live with someone to get a better understanding or see my options
When you make a policy. Do you make a commission off that policy every year? Or just the 1st year? Thanks.
He talked about it in another video, they get a renewal for like $106.
The policy you are explaining does this earn interest and dividends? Both of them? Thanks.
The policy has guaranteed growth and non guaranteed dividends. The companies we work with have paid dividends consistently for over 140 years.
Love ya Chris!
Ok.. this is great information but.. do you do this in conjunction with trusts?
Plan your retirement 3 cycles @ 12 years (144 Installments) 1st cycle : Age 24-36 ($720,000 @ $2,500 monthly savings ×144 Installments= $360,000 + Compounding Interest $360,000 Totalled: $720,000. 2nd cycle: Age 36-48 3rd cycle: Age 48-60. Grand total 3 cycles: US$2.16 million + Compounding Interest = US$4.32 M (Retirement)
How much a month does this policy cost you every month?
Thanks for the presentation i've been watching them. Doesn't term insurance raise with age? Would payments on that raise with my age in the 8-10 year time span on any of those smaller rockets? Like if I drop the P.U.A in the 8th or the 10th year because its no longer needed.
No. In fact payments stop at year 30, yet the policy continues.
Genuinely curious why invest in this over index funds? Do you have to pay any of the cash value back when you use it? If so is there fees or rates that go along with that? If there is then where do they go and why not use a bank? Do you keep the cash value as well as the death benefit when you pass? If not then what happens if cash value exceeds the death benefit? This amount invested in index fund averaging 8-10% a year is 1.2-1.5 million by 64 I understand you have to pay taxes but still well above the death benefit or cash value
Semi annually commission v.s a one time payment upfront I’m assuming.
So you have to pay into this a few years before you get cash value and can borrow against it?
What policy do I need to find?
It is well explained. Canada IBC sucks more than USA but still doable. Nice coincidenxe best design here is life pay 250k Sunlife Accumulator II which is a ratio of about 2/5 go to base and 3/5 go to paid up additions. This is in the optimal range you quote.
Where do i pull money on yr 11 if the PUA is gone?
So, in 8-10yrs when the PUA is gone; then what? How do i have access to money?
Do you follow the Insurance Pro Blog Podcast?
excellent hook.
i have eight digits to put into these and would like to discuss this
Can a VUL work for IB?
I am curious how are the dividends stacking up in the future if you are running this as 90/10
Or you referring to losing money just building this properly and you give up a ton of commission?
No one can build ur policy for u like you can. Get the right education and you can build the best policies that fits ur needs. I have both IUL and whole life and I'm an agent too, there's no right policy for all. Everyone's needs are different. No need to bash one or over the other. Everyone's just trying to sell whatever they're involved in while bashing the other kinds of policies. Terrible. Get educated folks n build yours it's real easy... Before long AI n chatgpt will be designing all these for free for anyone who wants it lol no more agent fees, no more bashing.
How do you build it?
@@Cubanogar He talks so very much in concept, arbitrage, and compound interest, and he used $30,000 (liquid money) as an annual insurance premium (not-liquid), which in concept is great, but most people don't have $30,000 available each year to invest in life insurance, so if one uses $6,000 per year ($500/mo), as an example, it would take 7 - 10 years to be able to use this concept.... and if you're already 40 or 50 or 60 years old..... you might be too freaking old to use this..... but the concept is good since once you put money into life insurance the law changes, and this takes discipline so that when you take the loan from your death benefit and pay off an external credit card or other debt that you repay your loan with the money that you were using towards debt, so that your bank account sees a zero-gain, but your insurance policy continues to grow. I wonder what this illustration looks like when using "real-world" interest rates....? And what specific insurance companies and policies is he using? Even if you have an insurance license don't these companies, as part of your appointment, have non-competes in the contracts... so you can just go fishing for a policy from company x and then a policy from company y ... and another from company zero.... to fill your base (whole life) and your boosters (term)? And explain your boosters, since they're term, you can't borrow against that unless its universal life (maybe) but UL is not straight term.... I'd like to see the intimate details here... could one fund such a thing with a $30,000 bank load up front.... but does this work then if you front-load with $30,000 from a bank loan, and subsequent years the premiums are $6,000 (i.e. $500 per month)?
You deserve a follow for showing the facts!!! Thanks you ❣
Good point about giving up 90% of the Agent commission however you’ll find in almost every case doing so by designing a policy with 90% PUA’s hurts the long term growth of the policy. In fact there are a few insurance carriers that give you nearly as much early years cash value but grow much more in later years.
So is it 289 plus the cost of insurance monthly. Because somebody has to pay the monthly premium to keep the insurance running
Can I apply for this type of policy as a foreigner. In case I can, if I have 50,000 USD to buy a new car, in how long could I get the money to buy it?
Chris's boss at the insurance company at the sales report meeting :
- Naugle...
Naugle..
nauglework here anymore....
I need more info. I don’t understand it too well but it’s e interesting
Isn’t a return of unused premium the same as getting your change back when you hand the cashier a $10 bill for a $6 happy meal? Why would that make the customer smart? What am I missing?
Thank you for bringing up the fact that “IUL” is NOT what you use
100% I do not like IULS at all
@@chrisnaugle8397 would love to see a video explaining why. A comparison video perhaps?
@@theblacktruth - Chris has an excellent video on IUL vs WL. Here ya go: ruclips.net/video/l55WKeKyAUg/видео.html
@@myownbankingsystem thanks!!
It's indexed to stock market and functions like term.
What company do did you use to build this policy?
it said mass mutual on the paper. I maybe wrong though
Loved your rocket 🚀
This just sounds like a life insurance policy that you can borrow money against. What happens with defaults?
I have a question. I have a ton of debt (almost 65K) but it is in child support. Your system makes sense to me but will it help me get out of this insurmountable pit of debt I have?
What kind of policy could I have if I had only 10000 to put into one of these policies? And i'm already retired this is that knowing how these things work decker
i like to think i am a pretty sharp guy, i still cant wrap my head around infinite banking. If you are putting money into the policy, why do you have to pay interest on your own money lol?
Note to all when it comes to investing (and anything in life, really) if it cant be easily explained in a sentence or two, run.
Which carrier would you recommend?
HERE'S WHERE YOU CAN BOOK A CALL WITH OUR TEAM: go.oncehub.com/TMM-Coaching
the title made me worry (a bit clickbaity) but by minute 3 you had explained it.
Haha 😂 love it! I figured it was!!
Yes I know it is but numbers show I have 7 seconds to get your attention and it worked.
I like your illustration I have a similar policy except with mine I have to pay about 5% of everything I put into pua to the life insurance company(lafayette) is this normal
i really wished we had similar services in canada.
You do.
23:06 how is the policy making you 5-6%? Is the policy invested in the market?
Insurance companies invest in different types of bonds. Govt, municipal, corporate. The reason they guarantee a rate it's because they're using your money to invest and they keep the spread. So in a sense, they're behaving like a bank.
Great video. Thanks. Question, why on year 2 through 5 premiums go from $30,000 to $29,900 but under CONTRACT PREMIUM TAB it shows $30,000 pair every year? This policy breaks even year 5?
Chris, can you do a policy video showing how you can be your own bank and fund an equity withdrawa from a rental I own free and clear. I want to take out $300,000 but fund it through a policy I will be paying back the premiums and loan amount through my monthly rental income. Is that doable? I don't want to pay a commercial bank the interest. Thanks for great videos!
I don't see why not after 30 days into the policy you borrow and pay off the line line of credit and pay the policy loan with the rental income. Rinse and repeat each year.
I think $30,000/yr is unrealistic for more than 50% of the US population and that's the only reason you can have any access to that much cash in the first year. Even in IUL policies if u front load your policy like that, you'll have instant cash value by end of year one. Front loading or paying a huge sum upfront is what builds cash value faster. If you illustrate with $6000 annually that's $500 a month which is what more than 60% of the population can afford without canceling the policy it won't have much cash value in yr one. Front loading is the magic trick of ur presentation. Anyone can get on those platforms now n build a policy. There's no magical rocket 🚀 engine to it. I think every family should take an insurance class. Plenty of half infos out there. Just saying.
Good point!
Where does one go to take an "insurance class? "
10x your age is a good place to start. $30k a year is just an example
IUL has surrender period first 10 years
If you can’t invest $500 a month, you need to focus on increasing your income before approaching something like infinite banking.
How does that percentage of access to early cash value affect long term internal rates of return?
Do the rates fluctuate?
@@anthonysmith1456
I don’t think you understood my question. Dividends and the internal rate of return are completely different. You don’t get credited the dividend in a whole life policy like you get credited a dividend on a stock. You get credited the internal rate of return, which is much lower than the declared dividend. The internal rate of return is lower than the dividend because it illustrates the cost of the three guarantees, which is the cash value, the death benefit, and the level premium. My question is how does designing the policy to give the client up to 90% of his or her cash value in the first year effect internal rates of return long term? This is important to know because the policy loan interest rate could be much higher than the internal rate of return making your policy function like a tax free savings account with a negative interest rate, level monthly deposits, and a death benefit. Doesn’t sound too exciting. Maybe a VUL would be a better alternative.
@ChristIsK1ng I might be misunderstanding your question, but while the interest rate for the loan you take out could fluctuate, in my experience over the past 6 years borrowing against my policy, it has remained exactly the same.. even during all the covid and market turmoil. I'm no guru, but the purpose of how these work is to be as stable as humanly possible which is why a lot of these are backed by decades and decades of track history. It's not designed to be an investment vehicle but a safe guaranteed place to put money and leverage it tax free.
So I've finished Nelson Nash's book. Have been researching RUclips videos... What MUTUAL life insurance companies are trustworthy to try this concept with?
MassMutual is who I build these with. Which based off his dividend paying history, likely who he used as well.
Yes and Nelson states a 60/40 policy is perfect mix for the insureds policy not 90/10
@@alexc8497 doubtful, Mass Mutual most likely doesn’t allo we a 90/10 ratio. Most likely he’s using Lafayette Life, which will perform poorly in comparison in the long run
Who is the carrier?
So how do I get in touch to purchase a few of these policies?
You can reach out to my guy craig@themoneymultiplier.com to discuss your specific objectives.
Its basically a credit union that you pay 4% on loan fixed amount loan after commissions and fees.
Witch can be much better than a standard 8% bank loan. He forgot to mention tax benefits whitch is super important as you get further up the food chain.
Superb tutorial! You are a excellent teacher! Teaching as you explains is a gift that most people do not have🤩🤩🤩😍😍😍💯💯💯💯.
Dang! I’m trying to understand this concept and not going to give up. One thing that is hanging me up is: I don’t have credit card debt, and I don’t have a car payment. I have plenty of money in reserves and do not like to take out loans for consumer goods. So if someone is really good with their money, meaning they make a comfortable living, no debt, able to save and invest 70% of the money they make, is this still a great idea and why?
Thank you for your comment. Congratulations on being in a great place financially. This conversation will be very easy because you’re exactly where I am. The things I use my policies for is investments. Primarily Private Lending. I lend my money through Private Money Club between 12% and 15% interest which means I make a spread on my money and I’m always making compound interest uninterrupted within the policy growth itself. Cash Value serves just like cash so you could also use this to buy into the stock market as stock prices continue to drop. (buy low, sell high- when the crash occurs everything will be ON SALE, strike then) See my video detail of two traders. The other thing you can use this for would be private investments, things like hedge funds, private funds, other collateral backed investments that you might make. For me I keep it simple [I invest] almost everything I put through my nine policies in collateral fact private loans in first position at an interest rate of no less than 12%.
@@TheChrisNaugle Who gets all this cash value when you die?
You finance everything you buy, either borrowing from a third party bank or by giving up the interest you could have earned when you pay cash. By keeping your money in a third party bank you are making money for them not you.
Heres a good source of infirmation
ruclips.net/video/6QOzUxsQHpI/видео.html
@matthewwellis3004 sounds like you’re in an amazing financial position. Sometimes stick to what you know and keep it boring leads to long term success. I wouldn’t do anything different if I were you
Will the recent Mass Mutual memo regarding IBC affect any of this? Will this snowball to the other Insurance companies?
What was the memo?
Where do you get the money to pay these high premiums? $30K is a lot of money to have available each year.
You set the amount that you have the ability to pay. Typically pay in your savings then minimize the base premium to start then dump the majority into a pua rider. That's your cash value. Don't look at it as a cost. It's moving your savings into the policy then structuring the policy to use your savings to buy assets while your total amount of cash grows at the same time.
Easy to understand really, you borrow from your own money instead of from the bank and you then refund yourself with interest in your policy rather than to the bank! Neat concept, but is this only for US citizens? How do I become a US citizen without living in the USA? I am in Thailand!
Sounds like a front loaded IUL with increasing death benefit changing to level for the cash value blossom as the policy matures.
no I U HELLS here
Forgive my confusion. You mentioned that your withdrawals (loans) are deducted from the death benefit and not your cash value. I've watched dozens of videos now on infinite banking, and their cash value amounts always decrease by the amount they borrow. Is this situation specific to your policy, or do all whole life policies have their withdrawals taken from the death benefit? Thanks.
First point to know is that with the companies we work with, the full amount of your deposits compound uninterrupted even when taking a loan. The available cash value to use is going to decrease as you take loans and increase as loans are paid. If you die with a loan outstanding, it is deducted from the death benefit.
I write IUL’s and I have never taken 90% that’s insane. I have found so many videos of people bashing IUL’s but they never fully explain it. I’d love for you to send me a link explaining why these policies are “terrible horrible” instead of just throwing that at the wall with no follow up other than the supposed commission structure.
Whether its IB or IUL... you're betting on past performance ... that you'll continue to receive a dividend, or the stock market index will continue to gain each year... arbitrage and compounding. Historically, over a 20 year or 30 year period this is doable........ except........our monetary system is collapsing and the coming money catastrophe is going to impoverish most of us. Each of these products are not liquid.
Good ⭐️⭐️⭐️⭐️⭐️
Is the PUA paid upfront?
I care about a very large base because i. Want to buy my net worth now so i can live in abundance and replenish my life money with my death insurance. Why not get a 100% base and add PUAs? Do we really need 8-10 different policies? Is “flexibility” just mean that we will skip PUAs when we don’t have the money to make them?
You can only borrow what they say you can borrow from your cash value...if you want the whole amount, of your cash value you will have to surrender the whole policy pretty much terminate the policy...meaning no coverage,and you lose all cash value. Poor investment options
PLEASE Cut the music. thank you.
Can you explain the drawbacks of a high early cash value policy? I've been trying to work out how you say you put 40% of your premiums into base yet get 90% cash out in year one and see it's because of a HECV. My policy through One America (that I got through TMM) is a 30/70 split and I only had access to around 60-65% in year 1. What are the benefits/drawbacks of a HECV from MassMutual? Do you have to live in a specific area to use MassMutual and why is TMM pushing policies like mine in real life when you all advertise the numbers from a HECV policy in your examples and then use MassMutual's HECV personally with a 40/60 split?
Mass dividends are the best/highest. One America’s are no where close.
I have a new video coming out that will hit on that maybe in a week or so its in editing
This is incredible! Can I start IBC at 55?
It seems that you have to have money to even start infinite banking. What is the minimum amount you can start with?
10x your age for a monthly premium.
Ok, the annual premium of $30,000, means that he has to be paying like thousands of dollars (~$2,500 per month) which the majority of the people can’t afford, therefore many just start with a $500 per month policy. This can be increased later on to gain more in cash value.
30K is just an example. He's demonstrating a concept.
You can start with less, I did
Okay once I take out the loan, do I pay the premium plus the loan payment?
Always pay premium and loan interest. There are different use cases/reasons where you might not make principal loan payments.
So, can you set up it for me ?
How do we get in touch?
@@vasylignatyshyn my guy craig@themoneymultiplier.com can help you get started.
In your example your monthly expenses don't go down. What if you want to decrease expenses? So you would just not repay and have them capture from your death benefit? Is that the only way to decrease monthly expenses, or is their another way?
You can do that, you can also elect to stop buying paid up additional insurance and elect a reduced paid up option that would stop your premium completely.
This is a 5 pay policy. There is also a 10 pay.
I love monopoly
Damn!! What an opening?
Is this a 1x payment, or can you put money in monthly into your whole life policy?
You can put in a lump sum and then have on-going regular premium deposits on either monthly, quarterly, semi-annual or annual
I heard about this years ago and ALMOST did it, but the question I had upper-most in my mind was, what happens when the electricity/internet goes out?? When there's no power for an extended period of time, where does the money go and how do I get it?? There are no ATM's, that would work, banks can't do anything so..... and this one question was one that nobody could answer so our family never went further with it. If anyone has an answer to this now, I'd love to hear it...... then we're in.
I guess you'd keep a normal bank too, or keep cash in your house for such occasions?
If all electricity went out everywhere, I doubt people would care about money anymore. We would either revert to a pre-financial situation based on trade where rich people would be those with the most food, allies, farm animals, guns, etc. and most likely, people would simply steal what they want.
You manually fill out a form and mail it to the insurance company. They send you statements by mail annually showing your policy details.
My understanding is that a Life Insurance company is a lot more financially stable than a bank. They actually have to keep money on hand to pay out the death benefits.
This scenario applies to anything banking related…are you saying you don’t use a bank?
Can you take a loan against your death ben and just put it back into the policy itself raising the cash value increasing the interest earned etc? And can you do that repeatedly?
The premium deposits should be made from income and not loans from the policy. The cash value in the policy can be used in several ways that would be more beneficial.
such a great video man, production value is great...giving light to life insurance scams....insane
Buy whole life insurance - take out a loan from insurance to make car payment ($200 for example) - make $200 payment from checking account to pay insurance loan. Is that how you do it?
Not exactly. It must be a specially designed whole life policy first and foremost--very important. Second, you wouldn't borrow $200 for a car payment each month.. you would borrow enough to pay the car loan off completely. Third, what you normally would have paid each month for your car is instead to your policy, so eventually, your policy loan is paid, saving you interest.
Lastly, once your loan is paid off, you can do the whole process over again.
Ok so when that 200$ car payment is paid to your life insurance policy, does it increase your saving ? Or does it just pay back the death benefit ?
Sounds great but can you do a video with something affordable for us small guys
Take all the numbers and divide them in half for 15k/yr
Divide by 10 for 3k/yr.
There are banding prices at different levels so it won't be exact but it will get you close.
Very interesting, to be one's own bank through this type of whole life insurance. Question is (I'm watching from Nigeria), is this possible in Nigeria or for a Nigerian if I'm outside the USA? How exciting if it can be possible for me. Thanks for the clarity in your teaching.
What's good fam sending love from south africa, I think it should be possible to do this in Nigeria as well but you have to understand your environment first maybe it won't work like it does for them. My advice is find a financial advisor, they don't even have to be good and discuss this with them. If you can't afford one go to your local university and make friends with people who are in finances
How is the commission determined?
% of premium
I appreciate what you’re describing. However, if you’re returning commissions you’ve earned back to your client, that’s called rebating. In most states, it’s illegal for an insurance agent to do that. You can get your license pulled.
He’s not returning them, he’s charging less as his commission is based off the lower say 600k DB instead of the millions someone else would sell you in a policy🤔
What happens to the policy in a downward market?
The policy still keeps growing because it has guarantees in the contact.
The average person cant afford $30k premium a year. Thats $2500 a month which is insane. If you can afford $30k a year why not just put it in a very low risk fund or even in a savings account after 10 years you will have $300,000k + or after 20 years $600,00k + to leave to your spouse or kids or whoever you want to leave it to isn't that the whole point of life insurance anyway?
1. How safe are banks? 2. Have you factored in taxes in all that?
First reason why not is because gains from funds are taxed, gains from WLPs are not taxed. Second is if you borrow money from funds you're actually just withdrawing it (taxed), if you borrow it from a WLP your original cash value is still earning interest. Third is when you take money out of your funds, the money is gone. If you borrow it from your WLP before you die and don't pay it back, there's still money left over in death benefit to pass on when you die. There are lots of other reasons too.
@@ProCoderIO Banks are safe I'm 52yrs old and never lost any money from putting it in a bank.
The problem is that savings accounts only return, like at most, 1-2%, which can return 5-6%
@@TheTyrial86 High yield savings accounts pay upwards of 5% these days.
37:57 in the 30k premium example how much is going into the policy per month? 30k/12=$2,500/month? I’m interested in this but need to know the monthly breakdown.
You answered your own question with the math....
He pay 15000$ bimonthly
Great great video
Horrible music.
Use little to no music distraction
Dang, I have an underperforming iul. Can I switch to this method?
Says everyone...
IUL credit based on market performance. And the markets have had a bad run. Since your IUL resets at the recent low points there should be a pretty good upside potential in the next few years. But if you freak out at 0% returns when the market is down 20% then maybe IUL is not right for you. Long term IUL will outperform whole life. When the market returns you will be in for great returns on you IUL.
@@hanselbermudez7604 Thank you for the reply! Actually, my IUL exploded shortly after I made my comment. I was so shocked that I went got my Insurance license to share the opportunity
Have both
rally car policies for the win
i am looking for a Infinate Banking calculator - Can any reccomend? Wasted about 45 minutes trying to find one.
It's better to schedule a call with someone that builds these. There are a lot of variables involved and they can also check among the various insurance companies to see which one will give you the best results.
Dave Ramsey is horriific! Thank you for explaining the commission structure in simplest term. This makes sense and I know I really appreciate it. Thanks.