Phil Collins was correct when he sang these words so long ago. Well, he wasn't singing about life insurance, though these title lyrics certainly do. Raymond and John touch upon just a few of these misunderstandings and limited world views about the richness of whole life insurance policies. There's much more to them than just income protection love ones receive upon the insured's death.

John Fox Ward

john@nashcashflow.com

603.479.2511

My brother and fellow authorized Infinite Banking practitioner, Raymond Ward, and I have a conversation around the obstacles to one taking the "leap of knowledge" to start a policy with this concept in mind. Namely, the marketing rhetoric around the need for people, that have access to one or more, take advantage and fund the various Qualified Retirement vehicles (aka, 401Ks, 403Bs, IRAs, etc.). The lack of transparency from the financial administrators regarding all the potential gotchas of these retirement savings/investments programs and the public's lack of awareness to them due to the accumulation marketing focus of the Wall Street machine ...often leads to disappointing results for the consumer/taxpayer.

For the video version of this podcast, click here: https://youtu.be/AzhZ6HWh82g

Also, here is the link to the Truth Concepts (software) video that we mentioned in the podcast: https://youtu.be/GP2d3BhzWB0?si=kGgzp1oDvsrbQqOG

John Fox Ward

603.479.2511

john@nashcashflow.com

With so many folks focused on accumulation and the rate of return (ROR) they earn, Bryan Bloom created a new metric to determine what you need to accumulate and receive as a ROR with alternative investments (stocks, mutual funds, real estate, etc) to have the (same) capital equivalent value (CEV) you gain with a specially designed and engineered whole life insurance contract. Though this book seems to just focus on this CEV concept, Bryan makes a strong case for combining your (uninterrupted) savings with the borrowing other people's money (OPM) to grow wealthier than you thought possible. IMHO, this is the essence of the Infinite Banking Concept (IBC), pioneered by R. Nelson Nash.

Though, remember, Nelson, took it one step further in his book, Becoming Your Own Banker. He said to capitalize this personal bank big enough, not to just be your own banker, for the financing needs of others :).

John Fox Ward

john@nashcashflow.com

603.479.2511