In this episode, we answer common questions about modified endowment contracts. What are they? How do they apply to infinite banking policies? Does it ever make sense to own a policy that is classified as a modified endowment contract?
~ Access our FREE Infinite Banking Beginner course here:
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For free transcripts and resources, please visit https://livingwealth.com/e108/
Then if you've been around the neighborhood of infinite banking, you've probably heard the term MEC or modified endowment contract. You might be wondering, what this means. In this episode, we deep dive and share all you need to know.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, Holly and Nate discuss the three keys to being successful at infinite banking.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/beatinflation
~ Get resources and transcripts from this episode by visiting: https://livingwealth.com/e107
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we welcome back special guest Ray Poteet. Together, we'll take you beyond the numbers of infinite banking and share some personal testimonies of what infinite banking has allowed us to do that we would not have been able to do or experience without our policies.
~ Access our Masterclass FREE to podcast listeners here:
https://livingwealth.com/secretbanking/
~ Get resources and transcripts from this episode by visiting:
https://livingwealth.com/e###
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we discuss the two most significant flaws in planning for retirement. We'll also reveal why we believe the conventional concept of retirement is actually detrimental to your goal of becoming financially successful.
~ Access our Masterclass FREE to podcast listeners here:
https://livingwealth.com/secretbanking/
~ Get resources and transcripts from this episode by visiting:
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we discuss the two most significant flaws in planning for retirement. We'll also reveal why we believe the conventional concept of retirement is actually detrimental to your goal of becoming financially successful.
~ Access our Masterclass FREE to podcast listeners here:
https://livingwealth.com/secretbanking/
~ Get resources and transcripts from this episode by visiting:
We share the best thing you can do with your money. All of us want to be good stewards of our money and want our money to be working hard for us. But in the financial world, there is no one-size-fits-all strategy.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/beatinflation
~ Get resources and transcripts from this episode by visiting:
All of us want to be good stewards of our money and want our money to be working hard for us. But in the financial world, there is no one-size-fits-all strategy.
Everyone wants to figure this out; it's a huge question and concern for most of us. Today, we dive in to share our experience and insight.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
Founder Ray Poteet joins us to share his wisdom on building generational wealth using Infinite Banking.
Sign up for the free course Holly and Nate made for you here:
https://livingwealth.com/secretbanking
~ Get resources and transcripts from this episode by visiting:
https://livingwealth.com/e###
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
This episode explains the difference between direct recognition and non-direct recognition policy loans and how they impact your policy as you practice infinite banking.
~ Access our FREE Infinite Banking Beginner course here:
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There are many misconceptions out there in the debate over direct versus non-direct recognition. We're here to share the truth to help you make a better decision regarding your infinite banking policy.
A quick forewarning to all listeners: this isn't a good starter episode if you are relatively new to this podcast or infinite banking. We'd suggest starting with one of the more general episodes. We're going to tackle a particular subject that is deep in the weeds.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
Today, we discuss the most common questions we receive from people thinking of starting an infinite banking policy. These answers apply whether considering your first policy or adding a new policy to their system.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/beatinflation
~ Get resources and transcripts from this episode by visiting:
We work with and give personal attention to many clients. That's not to brag; it's for context. This amount means we field and answer tons of questions from people new to IBC and experienced users. Over time, we've discovered there is a core collection of inquiries folks have.
Today, we share those answers with you in this episode. Tune in!
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
We will discuss how easy it is to get your ears tickled by rates of return. We'll also share how to focus on the fundamentals behind an investment, and also why the rate of return mentality should not follow you into the world of infinite banking.
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We have spoken about today's topic before: rate of return. We've attacked it a couple of different ways, but we wanted to revisit it because it often comes up. We discuss it regularly in our discussions with clients, and it's just prevalent across the financial sphere in general.
Tune in for an illuminating 100th episode!
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
We break down the three financial barriers that try to keep you from becoming wealthy. And we'll also discuss how you can put hundreds of thousands of dollars back in your pocket, simply by making a few changes to your financial plan.
In other words, there's some simple changes and you can immediately start becoming more successful with your money.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/beatinflation
~ Get resources and transcripts from this episode by visiting:
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we will discuss the criteria you should use when deciding which company is best for practicing Infinite Banking. We'll also discuss why life insurance policy illustrations can be deceptive. And what will be the biggest determining factor in your success as an infinite banker.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/beatinflation
~ Get resources and transcripts from this episode by visiting:
There are many questions people have when they first start with IBC. The big one is a direct look at numbers. However, the numbers alone do not show the full picture. It may sound counter interruptive, but we'll break it down for you in this episode.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
An industry insider and big wig joins Holly and Nate. He shares insights into how Whole Life has performed financially during the COVID-19 pandemic.
Get instant access to our FREE Secret Banking Masterclass here now: https://livingwealth.com/secretbanking/
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We've received many questions from our clients since the pandemic began. They're asking how the insurance companies are doing during this crisis. To fully answer this request, Holly and Nate sit down with Dan Foley. He's the Senior Vice President Marketing for Security Mutual Life with nearly 40-years of experience in the industry.
Questions answered in Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we share valuable tips with special guests on breaking free from wall street.
~ Access our Masterclass FREE to podcast listeners here:
https://livingwealth.com/secretbanking/
~ Get resources and transcripts from this episode by visiting:
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we discuss exactly how to build a proper infinite banking policy, and we answer the most common questions that we get about policy design.
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~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
If you're new to infinite banking or researching this concept, there's so much that you can soak up. Nelson used to say, "There's a lot of noise in the financial world."
There are always people trying to buy your attention. Those people say they know something that other people don't. This state applies to infinite banking. There are many people out there who say they finally figured out how to do it the best. There are people out there who say it never works for anybody; don't touch it.
Today, we're taking the discussion back to the basics: the foundation of what makes a proper Nelson Nash, infinite banking policy. These are the aspects that need to be the core. We're going to share what you need to do to produce the best result. Simpler usually is better, and simpler puts you in more control. Get ready to learn how to maximize the infinite banking concept and do what's best.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we will discuss why it's time to rethink how you use money, and how you can mimic the rich and how they use money and use it in your own personal financial situation.
~ Get resources and transcripts from this episode by visiting:
~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
~ Get resources and transcripts from this episode by visiting:
~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
We often mentioned that it's very safe. In fact, this is a guaranteed way to grow and that's part of the benefit of owning it. But it is true in times of crisis, which we've seen this year with the Coronavirus and the economic issues that have resulted from it, we do get asked more and more from people the reason why.
Join us as we discuss the things that make owning and utilizing whole life so great.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
~ Get resources and transcripts from this episode by visiting:
~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
It's incredible how things have changed over the generations. People try to conduct studies on different generations, whether it's Gen X, baby boomers, Gen Z, or millennials, to determine their spending patterns. They also seek to understand how they've been affected by society.
Weill, in this coronavirus era, we're starting to see why it is that the world wants us to be broke. Perhaps those in the inner circle of the machine want us to be broke because they're just trying to get us to spend all of our money.
The government is handing out "stimulus" checks right now. What do they want you to do with it? SPEND IT ALL!
Join us as we discuss the deeper inner workings of why wealth creation seems too elusive and how you can break the chains.
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
Do you believe that retirement programs are excellent tax shelters? We will discuss the three most significant issues with how retirement programs are taxed and how you can save yourself from overpaying Uncle Sam.
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~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
Here we are in April--tax season for most. It's a dreaded time for all of us. At this time, we start getting tax advice from our accountants, from internet sources, or from just being a member of the sheep just going in one direction.
Today we're going to discuss why people are funding retirement programs with the belief there are certain tax benefits to doing so. But a lot of times, that's just a mirage that's hiding the facts. That fact is this: we might be setting ourselves up to actually pay more in tax than we otherwise should have paid!
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we bring back the founder of Living Wealth, Ray Poteet, to share how the process of infinite banking has allowed him to recoup money that he lost from an investment that went south and how he is using that money today.
~ Access our FREE Infinite Banking Beginner course here:
https://livingwealth.com/beatinflation
~ Get resources and transcripts from this episode by visiting:
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we discuss why it's so important to focus your investing in the areas that you truly enjoy and believe in.
~ Get resources and transcripts from this episode by visiting:
~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
Most people just do what everyone else is doing or they get caught up looking at the rate of returns. However, as we've seen with the recent market sell-off, all the returns for the past few years disappeared in a matter of weeks. It's time to take back control of your money.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
Today we discuss the coronavirus impact on the economy and the stock market. We also share how you can shield yourself from economic collapses just like this and make a killing during market collapses. Don't get wiped out by black swan events.
~ Get resources and transcripts from this episode by visiting:
~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we are continuing our question-answering series. We'll discuss some of the most common questions we receive from our clients. And today, the focus is going to be on how and when to use your policy.
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Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we discuss one of the most common questions asked by those that have started their infinite banking journey. We'll also share how you can get the best results out of your policies once you've gotten started.
~ Get resources and transcripts from this episode by visiting:
~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
Those who do go the route of Infinite Banking have a few common questions. In fact, we may get into in the next few podcast episodes; stay tuned. But one of the most common ones that people ask is... well, when is it a good time to start another policy? We'll answer that in more in this episode.
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/
In this episode, we discuss why financial gurus like Dave Ramsey are wrong when they tell the world to buy term and invest the difference, and then how infinite banking can fit into anyone's financial picture.
~ Get resources and transcripts from this episode by visiting:
~ Receive your free copy of The Tree of Wealth here:
https://livingwealth.com/freedom
Topics Discussed:
Episode Resources:
* Gain access to our Beginner's Course now FREE to listeners of the podcast here now https://livingwealth.com/beatinflation/
* What is Infinite Banking? We make it simple in this article https://livingwealth.com/infinite-banking/
* Who was Nelson Nash? Find out in this article https://livingwealth.com/who-is-nelson-nash/