The Infinite Banking Concept (IBC) is a financial strategy that involves using Whole Life Insurance policies as a means to build wealth, create a tax-advantaged savings vehicle, and provide a source of financing for various personal and business needs. In the purest sense, and how Nelson Nash intended it, the Infinite Banking Concept is best done through Whole Life and not Index Universal Life (IUL) policies. The reasoning in short, is because the whole idea of “being the bank” is getting away from the market risks, and have a safe, secure and guaranteed growth throughout the life of the policy, thus replacing the banking function in your life over time. In the information below, I have tried to take an objective approach to explain the differences between the two, though I do believe that Whole Life is the best way to go for most.

Here are the key differences between these two types of policies as they pertain to the IBC:

1. Policy structure:
   • Whole Life: A Whole Life policy offers a fixed premium, guaranteed death benefit, and a cash value component that grows at a guaranteed minimum interest rate. It is designed to last for the insured’s entire life, as long as the premiums are paid.
   • IUL: An Indexed Universal Life policy, on the other hand, has more flexibility in premium payments, adjustable death benefits, and a cash value component that is linked to the performance of a stock market index, such as the S&P 500. The policy allows for potential higher returns based on market performance while also providing downside protection with a guaranteed minimum interest rate.
2. Cash value growth:
   • Whole Life: The cash value of a Whole Life policy grows at a guaranteed minimum interest rate set by the insurance company. Additionally, policyholders may receive dividends from the insurance company, which can be used to increase the cash value or reduce premiums, although dividends are not guaranteed.
   • IUL: The cash value growth in an IUL policy is determined by the performance of the chosen stock market index. It offers the potential for higher returns compared to Whole Life policies, but also has a higher degree of variability. Most IUL policies have a cap on the maximum returns and a floor that prevents losses in case of negative market performance.
3. Premium flexibility:
   • Whole Life: Whole Life policies have fixed premium payments throughout the life of the policy, which ensures that the policy remains in force.
   • IUL: IUL policies offer more flexibility in premium payments, allowing policyholders to adjust the premiums within certain limits based on their financial situation. This can be beneficial in times of financial hardship or when policyholders want to increase their cash value growth.
4. Loan provisions: Both Whole Life and IUL policies allow policyholders to take loans against the cash value, which can be useful for the IBC strategy. However, the loan interest rates and provisions may vary between the two types of policies.
5. Complexity and management:
   • Whole Life policies are generally considered less complex and easier to manage than IUL policies, as the guarantees and fixed premiums provide more predictability.
   • IUL policies require more active management and understanding of market conditions, as the cash value growth is tied to the performance of the underlying index.

In conclusion, the choice between a Whole Life and an Indexed Universal Life policy depends on the individual’s financial goals, risk tolerance, and preference for flexibility and complexity. Whole Life policies offer more guarantees and stability, while IUL policies provide the potential for higher returns and more flexibility in premiums and death benefits. However, again, Infinite Banking at its purest form, is to utilize properly structured Whole Life Insurance.

There can be disadvantages to both Whole Life and Indexed Universal Life (IUL) insurance policies, depending on the individual’s financial goals and risk tolerance. Here are some of the disadvantages of each type of policy:

Potential Disadvantages of Whole Life Insurance:

1. Higher premiums: Whole Life insurance policies generally have higher premiums compared to IUL policies. The higher premiums are due to the guaranteed cash value growth, the fixed death benefit, and the lifelong coverage.
2. Limited cash value growth potential: The cash value growth in Whole Life policies is based on a guaranteed minimum interest rate, which might be lower than the potential returns of an IUL policy linked to a stock market index. As a result, the cash value growth in a Whole Life policy may not keep pace with inflation or provide the same potential for wealth accumulation as an IUL policy.
3. Inflexible premiums at times: Whole Life policies can have fixed premiums, which may not be ideal for individuals who prefer flexibility in their payment schedules or who might experience fluctuations in their income. However, todays policies are becoming more and more flexible.
4. Limited investment options when contrasting to IUL: With Whole Life policies, the cash value growth is determined by the insurance company, and policyholders have little to no control over the investments. This may be a disadvantage for individuals who want more control over their investment strategy.

Disadvantages of Indexed Universal Life Insurance:

1. Complexity: IUL policies are more complex than Whole Life policies, as they involve more variables, such as flexible premiums, adjustable death benefits, and cash value growth tied to a stock market index. This may require more active management and a deeper understanding of market conditions.
2. Market risk: IUL policies have cash value growth that is linked to a stock market index, which means that the policy’s performance is subject to market fluctuations. While there is usually a guaranteed minimum interest rate to protect against losses, the cash value may not grow as much as expected during periods of poor market performance.
3. Caps on returns: Most IUL policies have a cap on the maximum returns that the policy can earn, which may limit the potential for cash value growth during periods of strong market performance.
4. Less predictable cash value growth: The cash value growth in an IUL policy is subject to market performance, making it less predictable than the guaranteed growth of a Whole Life policy. This may make it more challenging for policyholders to plan for their financial future.
5. Cost of insurance: The cost of insurance in an IUL policy will usually increase over time, which may require higher premiums to maintain the same death benefit. This can be a disadvantage for individuals who are looking for lifelong coverage with fixed premiums, and when structured this way, will effectively eat the policy alive in costs, later in life.

Ultimately, the decision between a Whole Life and an Indexed Universal Life policy depends on the individual’s financial goals, risk tolerance, and preference for flexibility and complexity. It’s essential to carefully weigh the advantages and disadvantages of each type of policy before making a decision.

Reach out today and we can discuss what’s right for you!

Planning for a child’s or your own college education can often seem overwhelming, with numerous options and decisions to make. Navigating the complexities of financing this significant investment in one’s future demands careful consideration and strategic planning. While the conventional approach often involves financing college through student loans, (which has resulted in a staggering $1.7 trillion in student loan debt in the U.S.!), exploring alternative methods and savings strategies can provide a more financially secure path toward achieving higher education goals.

The Traditional Saving Approach – The 529 Plan

529 Plans have been the staple savings method since 1996, created by the IRS. While 529 Plans offer many benefits for saving for college expenses, there are also some drawbacks to consider:

• Limited investment options: 529 Plans typically have a limited selection of investment options, which may not suit every investor’s preferences or risk tolerance.
• Restricted use of funds: Funds in a 529 Plan must be used for qualified education expenses, such as tuition, books, and room and board. If the funds are used for non-qualified expenses, the earnings portion of the withdrawal will be subject to federal income tax and a 10% penalty. These rules have changed somewhat since 2022, and continue to do so.
• Impact on financial aid: Although 529 Plan assets have a relatively low impact on federal financial aid calculations, they can still reduce the amount of aid a student may be eligible to receive. The impact varies depending on whether the account owner is the parent or another relative.
• Limited flexibility for changing beneficiaries: Although you can change the beneficiary of a 529 Plan, there are restrictions on who can be named as a new beneficiary. The new beneficiary must be a family member of the original beneficiary, as defined by the IRS, to avoid tax penalties.
• Loss of control over assets: The account owner of a 529 Plan retains control over the assets, but some individuals may be concerned about giving up control to the plan administrator when it comes to managing the investments.
• No guarantee on investment returns: The performance of a 529 Plan’s investments is not guaranteed, and the value of the account can fluctuate with market conditions. This could result in lower-than-expected returns, potentially affecting the amount available for college expenses.

Alternatives to the 529 Plan

Prior to the introduction of 529 Plans (and many ways still), some traditional methods for college savings included:^*

• Uniform Gifts to Minors Act (UGMA) and Uniform Transfers to Minors Act (UTMA) accounts: These custodial accounts allowed parents, grandparents, or other relatives to transfer assets to minors without the need for a legal guardian or trust. Assets in these accounts could be used for any purpose, including college expenses. However, unlike 529 Plans, earnings in UGMA/UTMA accounts are subject to taxes, and the assets may have a larger impact on financial aid eligibility.
• Savings bonds: Families would often purchase U.S. Treasury Savings Bonds (such as Series EE and Series I bonds) as a safe, low-risk investment for college savings. The interest earned on these bonds may be tax-free if used for qualified education expenses, but their low return rates may not keep up with the rising costs of college education.
• Traditional savings accounts or Certificates of Deposit (CDs): Parents would set aside funds in a regular savings account or CDs as a simple method to save for college. However, the interest rates on these accounts are typically lower than other investment options, and the interest earned is taxable.
• Coverdell Education Savings Accounts (ESAs): Previously known as Education IRAs, these accounts allow for tax-free growth and withdrawals for qualified education expenses, including K-12 and higher education costs. However, annual contributions are limited to $2,000 per beneficiary, which may not be sufficient to cover the full cost of college education.
• Whole life insurance policies: Some families utilized the cash value growth in whole life insurance policies as a method to save for college. The cash value can be accessed through loans or withdrawals, generally tax-free, to cover education expenses. However, these policies can be more expensive and may not offer the same level of tax advantages as 529 Plans.
• Regular investment accounts: Parents and grandparents could also invest in stocks, bonds, and mutual funds through a standard brokerage account to save for college expenses. However, these accounts do not offer the same tax advantages as 529 Plans, and the assets may be subject to capital gains tax upon sale.

An out-of-the-box approach for college savings

One creative and little used strategy to build up money for college is properly structured whole life insurance. It has guaranteed cash value growth (not market tied!), tax advantages, flexible access to funds, ZERO impact on financial aid, and so many more benefits.

• Guaranteed cash value growth: Whole life insurance policies have a guaranteed cash value that grows over time, which can provide a stable and reliable savings vehicle for college expenses.
• Tax advantages: The cash value growth in a whole life insurance policy is tax-deferred, meaning that you won’t pay taxes on the gains while the money remains in the policy – ever. When you do access the cash value, you can borrow against the policy instead of a withdrawal – and the IRS does not tax this method.
• Flexible access to funds: You can borrow against the cash value of the policy, without the need to sell investments or liquidate assets, which can be helpful when you need money for college tuition and expenses. Instead of borrowing from a ‘traditional bank’, you’re borrowing from yourself, thus can pay yourself back over time (or set up a payment arrangement for your child to pay it back over time – and keep the money in the family rather than out to a company providing Student Loans). Every penny paid back, is money that can be borrowed back out for something else that will make or save you money.
• Protection for your family: A whole life insurance policy not only provides a savings component but also offers a death benefit to protect your family financially. In the unfortunate event of your passing before your child attends college, the death benefit can be used to cover educational expenses.
• Not included in FAFSA. No impact on financial aid: Unlike some other assets, the cash value of a whole life insurance policy is generally not counted as an asset when determining eligibility for federal financial aid, which can improve your chances of receiving assistance for college expenses.
• Can be used for anything, not just college: The policy owner has control of the policy’s potential accumulated cash value. If plans change, the accumulated cash value can be used for other purposes, such as supplementing your retirement income.
• Forced & long-term savings: A whole life insurance policy requires regular premium payments, which can help instill a disciplined savings approach for college funding. It ensures that you consistently put money away for your child’s education. Whole life insurance policies can be held for decades, allowing you to build significant cash value over time. This can help you prepare for future education expenses, even beyond college, such as graduate school or continuing education.

In conclusion, whole life insurance can be an amazing alternative to 529 Plans for college savings, providing unique benefits that may align better with many families’ financial goals and circumstances. With its guaranteed cash value growth, tax advantages, flexible access to funds, and the added protection of a death benefit, whole life insurance policies can serve as a versatile and reliable savings vehicle. Furthermore, the forced savings aspect instills a disciplined approach, while the minimal impact on financial aid eligibility ensures that additional assistance remains within reach. Ultimately, each family’s financial situation and preferences will dictate the best approach to saving for college, but whole life insurance policies present an attractive option for those seeking a well-rounded and secure strategy.

Reach out today, to see what we can do for you and your family…

*Details change year over year, and laws change. These facts apply through 2021, and may have changed. Please do your due diligence and gather all your facts from various sources before choosing a method and sticking to it.

Article by Jason K Powers

Inflation is the rate at which the general level of prices for goods and services is rising and subsequently, purchasing power is falling. It can be caused by a variety of factors such as supply chain disruptions, labor shortages, and increased demand for goods and services. These factors have led to an increase in the Consumer Price Index (CPI) by 6.2% over the past 12 months as of October 2021. The CPI is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Inflation can have a widely significant impact on the economy, as many of us are seeing unfold before our very eyes these days. When prices of goods and services increase, consumers lose purchasing power which can lead to reduced spending and lower economic growth. According to the Bureau of Labor Statistics, in the past 6 months, the following has been largely affected:

• Cereals and bakery products have gone up 8.4%
• Meats, poultry, fish, and eggs have gone up 13.6%
• Dairy have gone up 4.3%
• Fruits and vegetables have gone up 10.7%

But what about in the Real Estate world?

• Lumber prices have gone up 114% since May 2021
• Iron & Steel prices have increased 45% & 78% since June 2020

These increases and others have led to higher construction costs, which have attributed to some of the higher new home prices (and your rehab costs – have you noticed?!).  Companies also lose purchasing power and risk seeing their margins decline when prices of raw materials and other inputs increase.

Inflation can also lead to higher interest rates which can make borrowing more expensive for businesses and individuals.

A Counter Strategy to Inflation.

One financial strategy that is used as a hedge against inflation is the Infinite Banking Concept. This strategy provides a way to borrow money at a fixed interest rate while the value of the dollar is decreasing, or interest rates are increasing.

The Infinite Banking Concept is a concept that involves using a properly structured, dividend paying whole life insurance policy from a Mutual Insurance Carrier as a means of building wealth, while at the same time having guarantees, safety and liquidity options.  It is a strategy that allows you to borrow against the cash value of your life insurance policy and use it on anything you please – ideally to save you money or make you more money.  All the while you’ve borrowed against the your cash value, the principle balance is growing uninterrupted at a guaranteed growth rate initially set by the Carrier. Above and beyond that even, properly structured whole life from a mutual carrier entitles you to dividends, further compounding your growth. 

Immediately after issuing a policy with this strategy in mind, you can borrow against the cash value. Imagine replacing the banking function in your life over time, slowly replacing higher interest rate debts, with a lower interest rate environment from your own policies.  Imagine having the flexibility to decide the terms of that policy loan. Imagine having the Infinite Banking Concept playing a major role in your financial life to where your family now has a family bank to utilize throughout their life as well.  The possibilities of this financial strategy are quite infinite.

Reach out to me today and I’ll teach you in greater detail what it is, how it works, and how you can create financial velocity that can literally last for generations.

Schedule A Time

With several recent Silicon Valley bank failures and government rescues, how do you know that your wealth is protected? We are heading into unprecedented financial times. Learn how to think out of the box to profit from the change rather than be a victim of it.

Listen now at Becoming Your Own Banker: An Interview with Jason K Powers – Christina Marie Weber (christianbizownersonfire.com)

With the recent banking collapses and bank runs, the world has been moving forward – eyes wide open – as to what will happen next. Join Economist Dr. Paul Mueller & Wealth Strategist Jason K. Powers as they discuss what happened with Silicon Valley Bank and others, why the Fed didn’t step in sooner, and why you should be concerned about ongoing banking practices.

Alternative banking strategies to replace the banking function in your life

Jason will also be demonstrating how you can warehouse your wealth in a unique financial vehicle that has guarantees and safety, while providing ready access to your money allowing you to take over the banking function in your life – thus, becoming your own banker in life.

Imagine a life where you never have to pay interest to an outside bank again. Imagine a life without the bank.

HOSTED BY BOSTON REAL ESTATE INVESTORS ASSOCIATION

Thursday, Apr 6, 2023 at 7:00 PM EST

In this timely webinar hosted by ICOR, Jason K. Powers, Olivia McGraw, and special guest, Dr. Paul Mueller speak to the current situation with the Silicon Valley Bank – and how this mess happened without any rules being broken. They’ll also speak more in depth on how banks function and if you should be concerned with the current banking practices. 

But don’t worry, it’s not all bad news! They also have suggestions on how to make sure you’re protected and next steps to protect you and your financial future.

Schedule a call with Jason to learn how the Infinite Banking Concept can help shelter you against the next banking crisis, economic downturn and create a hedge against inflation!

Contact Jason

If you are a Private or Hard Money Lender this webinar is for you!

Your money works hard being loaned out, and you expect a safe return on your investments, but what is your money doing while it’s not out?  
Is it growing?
Is it safe?
What if your money could grow even while it is out?

Join Jason K Powers on this exciting webinar and learn how your money can grow uninterrupted even while you’re utilizing it elsewhere.

Your warehouse of wealth should NOT be in risky investments and NOT be in failing banks!

Your money is growing in two places at once utilizing this little known strategy called the
Infinite Banking Concept.

Join Jason on this free webinar, Wednesday, April 5^th, 4pm CT.

THIS EVENT HAS PASSED.

Jason K Powers is a Multi-Business Owner & Real Estate Investor himself. He started a real estate investing business after the crash of 2008, helping homeowners out of distressed situations. Starting out with Wholesaling and moving to Fix-N-Flips and then Buy/Holds, eventually leading to owning and re-developing a 170+ acre RV camping and recreation area with camping, fishing and swimming.

Using his unique experiences in real estate investing, Jason has mastered the art of integrating the Infinite Banking Concept with Real Estate Investing. He has taught hundreds of real estate investors how to begin funding their own deals, becoming their own bank over time, and creating a financial legacy that can last for generations.

In the book, “How Privatized Banking Really Works” (Lara & Murphy), “It is possible to salvage your household’s financial situation, despite the shackles put in place by powerful forces. But you don’t stand a chance if you allow these same forces to design your blueprint for escape…”

We are in strange times, financially speaking.  Any given day, we can turn on the television and hear someone talking about the inflation rate, consumer debt, a boom or bust cycle, investment decline and more.  At the time of this writing, US National debt is up over $30 Trillion.  Student Loan debt is up past $1.7 Trillion. Credit Card debt has surpassed $1.1 Trillion. Only ten years ago, US National debt was at $15 Trillion. Credit Card debt was hovering at $852 Billion.  Let those numbers sink in.

Let’s take a minute and visualize just One Trillion Dollars.  If you spent $1 per second you will have spent $86,400 in one day or $31.5 Million in a year. It would take you nearly 32,000 years to spend 1 Trillion dollars.  Again, our Country is $30 Trillion in debt.  You can draw your own conclusions on the impact of this kind of spending.

Personal finances for thousands are in shambles or at best traumatized. Savings accounts are being depleted, retirement accounts taking a beating, interest rates rising, and the list goes on.

How do we protect our hard earned money? Where do we store money besides our bank accounts & qualified employer or government controlled environments?

In our financial world, most of us prefer to have our money in something that is safe, liquid, has a high rate of return, is tax advantaged, can provide a (future) source of income, isn’t correlated with the stock market if it can be helped, acts as a hedge against inflation, and is creditor protected. It’s ok to dream, right?

One little known strategy used by the wealthy is putting money through a properly structured whole life insurance policy and utilizing the cash value access to create financial velocity.  We call this the Infinite Banking Concept. It is an avenue where you can warehouse your wealth allowing it to compound year over year (internally) even while you’re using it (externally) to make even more money.  It is a place to warehouse your wealth while at the same time borrow against it to use for real estate investing, private money lending, financing your own car, a down payment on a house, buy a house outright, and even retire on. 

One has to wonder why the wealthy use this strategy. One has to wonder if simply changing the way we think about money can change our financial trajectory, while still allowing us to do the things we love.

Article written by Jason K Powers.
Jason K Powers is a Mutli-Business Owner, Real Estate Investor & Wealth Strategist helping people change the way they think about their money, to create financial velocity that can last for generations.

Article by Jason K Powers

There is a thought process out there that, quite possibly, has limited the achievements of mankind more than any other, and it is dubbed, “The Arrival Syndrome.” 

When I first heard about this, I think logically I knew that as just a human being, I had a predisposition to this syndrome.  We all do.  However, what we do about it is a different story. 

I used to have my phone navigation map talk me through directions as I was driving.  It would tell me as each turn approached, where to turn, how far ahead it was, how far to drive on the next road, and then concluding once I’d reach my destination, it would stately say, “You have arrived.”  I would chuckle because it would always make me think of someone having ‘arrived at the top of their career’, or ‘arrived to the height of their knowledge’ or ‘arrived to the pinnacle of whatever belief system they had,’ and this map just knew I had arrived… wherever that was.  Or maybe it was more like, “Vous venez tard, mais vous venez,” (You have arrived late, but you have arrived).

In all seriousness, however, so many of us think we have arrived in our scope of knowledge about a particular topic.  Maybe it’s wholesaling. Maybe it’s fix-n-flips. Maybe it’s about the best way to save for retirement. Maybe it’s where to stockpile our money… and the list goes on.

Nelson Nash once said, “When this ‘thing’ infects us, we stop growing, stop learning. We ROT! We turn off or tune out the ability to receive inspiration – because we ‘already know all there is to know!’”  Remember, this is human nature!  He goes on to say, “The Arrival Syndrome produces a ‘comfort zone’ that causes people to lapse into their old way of doing things – a lifetime of accumulated information that determines how one conducts oneself. The fact that this conclusion may be based on fallacious information is beside the point!”

When I teach people about the Infinite Banking Concept, for many, we have a major hurdle to get over in their brain first. What have they heard about it already? 

“Oh, this deals with Life Insurance – must be a scam!” 

“Well, my qualified retirement account out-performs anything you could ever show me.”

“It’s too expensive!”

“I have to save up for years before I can start.”

Well, the answers are for another day, but let it suffice that if it were a scam, then why do banks, the businesses, the Presidents, and so many more, utilize this concept?  If it were being “outperformed” by investments, shouldn’t what we’re talking about actually be an investment product? It’s not!  It’s only too expensive if you don’t know how to manage your money – but we can work on that with you.  When you start is when you’re ready.  I’ve never had a client say to me that they wish they’d waited to start this. They always say they wish they’d started it sooner!

And then there are all the things that don’t even get asked – and you don’t know what you don’t know! Some of these advantages can help curb inflation that we’re facing today. It can help supplement retirement. It can grow income tax free. It can pass on an amount of wealth to the next generation, so that they would never have to go to a public bank again.

If you’re willing to fight the urge to submit to The Arrival Syndrome, then the Infinite Banking Concept is worth the look.  It can change your life. It can change your real estate trajectory. It can change the generations behind you.

Want to learn more?

Schedule A Time

Banking and Real Estate Investing have several crossovers. Banking is arguably the most important business in the world. Without it, everything comes full stop. Money moves every day from our bank accounts to other bank accounts – from those bank accounts to even larger bank accounts. Depositors bring in the money, banks loan out the money to people who then put that money back in other banks. It facilitates the buying of necessities and things squandered. It keeps industries running. Nations borrow from Nations. Lives are made or destroyed by the banks too.

Make Your Money Move
Ironically, in banking, the money cannot stop – it must be moving. If the money stops, that means people aren’t depositing money, people aren’t borrowing money, and the banks aren’t making money.
In real estate investing, the money cannot stop either. We need cash flow. If the cash flow stops, that means our tenants are not paying rent, or our buyers are not buying properties. If there’s no in-flow of money, there’s no out-flow of money to our pockets (let’s just say it how it is).

Think Long Range
Banks think long range. They’re making loan for 12 months, 60 months, 15 years, 30 years.
In real estate investing, we should be thinking long range too. Most of us in the buy and hold, commercial, or multi-family game are thinking long range. We’re not usually looking at year one and basing our decision. We’re looking long term. And that’s the ticket to passive income.

Don’t Be Afraid To Capitalize
Banks have to start somewhere. One way or another they are going to capitalize the bank to get started. Each time they make a new loan, they need to make sure they have capitalized, via other depositors, before they can loan money out to you.
In real estate investing, we have to capitalize our real estate investing strategies as well. We have to put down payments (where’s it come from?). We have to put in the up-front work before getting the deal (sweat equity, marketing money, education). We have to have skin in the game.

Rethink Your Thinking
Don’t you think banking and real estate are a good pair? What if… just what if… we could be the bank? And you can. It’s called the Infinite Banking Concept.

Make Your Money Move. In your own privatized banking system, you can utilize this growing pile of money over and over and over again in your life to make you money elsewhere – you get to be the bank.

Think Long Range. You can replace the banking function in your life over time and create financial velocity that can literally last for generations. How much interest would you save in life if you never had to borrow from an outside bank again? You get to dictate the loan terms. You get to decide how long you’re going to capitalize the system, how long you’re going to keep loans out, how long you’re going to be the bank. Would your children and grandchildren benefit down the road if they could utilize this from day one?

Don’t Be Afraid To Capitalize. All businesses start somewhere. Capitalize your system now and reap the rewards over time. The more you pump into your own banking system, the more you create uninterrupted compounding growth that can be far superior to any bank on the street you’ll ever meet.

Rethink Your Thinking. Create a privatized banking system where you control the banking function in your life, changing the financial trajectory of you and those you love.

Read the book, Becoming Your Own Banker by R. Nelson Nash.
Get your copy at www.tonys217.sg-host.com/store

Photographers are supposed to think outside the box, when it comes to creativity. Why can’t we think creatively when it comes to financing our equipment or saving for retirement?

In this 1 hour webinar, I want to show you how you can set yourself up to build a financial legacy, plan for retirement, as well as have a vehicle to fund purchasing your gear (and so much more!) throughout your career.

Imagine saving for that new piece of equipment, and that same pile of money is also helping build up a non-traditional next egg?

Imagine having an emergency fund that you can borrow from and pay back time and time again, and YOU control the terms?

Imagine warehousing your wealth as you build it, in a vehicle that will ensure a legacy that can last for generations. It is possible. Watch to learn how!

Join Jason K Powers as he explains this process, and helps you think outside the box, to create financial velocity that will change your life.

Did you miss the webinar? Watch the replay HERE!

By changing the flow of your money, you can improve the financial trajectory of your Park! Join me to learn how YOU can be the bank. We understand that stability and assurance are hard to come by as a business owner, but this is your invitation to reevaluate the flow of your money within your business strategy.

What if your money could grow, even while you’re using it to build out your park?

What if YOU got to decide the loan terms?

What if this same system could fund your retirement later?

What if you could build a privatized family banking system that could last far beyond the life of your RV Park – to create generational wealth?

Join Jason K Powers as he explains this process, and helps you think outside the box, to create financial velocity that will change your life.

Did you miss the webinar? Watch the replay HERE!

October 15, 2022 9:00 AM – 12:00 PM EDT
Irvington Event Center – 6767 E Washington St, Indianapolis, IN

What would your life be like if you never had to pay interest to an outside bank again? 

Imagine being able to recapture all of the money you pay to private and hard money lenders.  

Imagine paying yourself, instead of the bank, and YOU become the lender.  

At this seminar, we’ll be teaching you this little known financial strategy.  Learn how the wealthy are taking their existing financial strategies and boosting their returns by just changing the flow of their money. 

Nelson Nash, the man who coined the term Infinite Banking Concept, talks about 5 human problems, or psychological pitfalls, that we all must overcome in order to have a disciplined financial plan. Overcoming these pitfalls is paramount to not just surviving financially, but thriving. 

The first human problem is what has been coined as Parkinson’s Law.  This was coined from  C. Northcote Parkinson’s book by the same name. This law can be summarized in three points.

The first point is, “Work expands to meet the time envelope allowed.”  In the context of real estate, how often have you had one contractor on one job complete something in the 10 days they were allowed, and then when you give them the same job on another project but 30 days to finish, it took the full 30 days?  Life is full of these kinds of examples – kids and homework – work deadlines – and basically anything else that has a deadline.  What if we could master overcoming this trait in our lives, and get things done more efficiently, and consistently? What if our finances were working this way?

The second point is, “A luxury, once enjoyed, becomes a necessity.”  I remember spending eleven years in a home with no air conditioning.  When I moved out of that home and into a house with central air, I couldn’t believe I ‘survived’ all those years without it!  How many things in life have we convinced ourselves that we can no longer live without?  From a financial perspective, what if we had a better handle on our own understanding of these things in our own lives?  What would change in your own finances if you could have a little more self-control and discipline?

The final point is, “Expenses rise equal to income.”  When a pay raise, or bonus, comes along we usually have it spent (in our minds) before it even hits the bank. Once we have a consistent increase in income, most of us in the world begin to expand our living environment in one way or another.  If we were better at living below our means, do you think we could get ahead a little better? 

We have to change the way we think about money!

The average American household spends a shocking amount of money on interest payments each year on things financed.  The average American is putting their pre-tax money into accounts that they can’t touch for decades and will be taxed at an unknown future rate – yet at the same time believe taxes are going up in their lifetime. The average American follows the heard, financially speaking. 

What if there was a way to change up the status quo with your finances? What if you could be the bank and borrow from yourself instead of an outside institution?  What if your one pile of money could grow in two places at the same time?  What if you could live on income tax free money at retirement?  These are all things we teach people how to do here at Unbridled Wealth. 

Change the way you think about your finances, and it will change your future. 

Over the years, I have met hundreds of real estate investors, and in talking with them, I’ve heard hundreds of reasons as to why they have gotten into the industry.  Great Wealth. Passive Income. Greed. To Support a Family. Replacing that 9-5 Job. Boredom. A Smart Investment. Diversification. Legacy. To Rule the World… and the list goes on.  (Okay, maybe not that last one.)

I would say the why for me has morphed throughout the past 10 years as I’ve gotten older (and theoretically wiser).  I was moving along, happy with my goal of passive income by retirement, and being a slave to the grind until then.  Then one day someone introduced me to the term, Private Family Banking System.  This intrigued me. 

Setting up a Private Family Banking System wasn’t about setting up a brick-and-mortar store. It wasn’t opening my own true “bank”. It was about creating a financial strategy, a banking system, where YOU take over the banking function in your life.  Imagine a world where you never had to pay interest to an outside bank again.  Imagine a world where you never had to approach a traditional bank again, but could borrow from yourself, and pay yourself back, time and time again throughout your life.  This is a game changer in real estate endeavors, and so many other areas of one’s life. I’ll leave you to dream all the ways your life would change by controlling the banking function in your life.

Now that we’ve created a system that can change the financial trajectory in our lives, it doesn’t just stop there. How can we create a financial trajectory that can literally last for generations?  Through this approach, one can be building up their warehouse of wealth throughout their own life, utilizing it along the way – then, their children can also be accessing it to replace the banking function in their lives.  Those children then begin setting up their own banking system, thus combining and compounding the growth for the 3^rd generation.  And this can go on and on and on, as long as each generation teaches the next.  As a matter of fact, the Rockefeller Family have a very similar system in place, and they are some six generations in, with the wealth still flowing. 

With a system like this in place in your life, you’re leaving more behind than just a rental property, or a life insurance death benefit, or equity in your home. You’re leaving behind more than just a legacy. You leave behind a legacy that can last for generations – A Generational Legacy – and that is worth pursuing. 

It has been said, “A good man leaves an inheritance for his children’s children.”

What’s your Why?

It has been said that, “Procrastination is the grave in which opportunity is buried.” ^*  I’ve spoken with countless people, and an overwhelming majority have what is perhaps a well intended thought that, some day, when I’m ready, I’ll start.  When it comes to implementing your own Private Family Banking System, and build it to a point where you can be doing amazing things with it, such as funding a half a million dollar purchase and rehab in full… you have to start somewhere. 

I want to show you an example of what one 30 year old person can be doing by the time they’re 38. Watch how over the next 10 years, they not only grow passive income and increase equity, they create an additional $15,000 a year of income tax free growth inside a properly structured cash value Whole Life Insurance policy. This is not your grandmother’s policy. This is structured to have robust cash value growth from day one, and compound in growth year over year, even while it’s out being used to make money elsewhere.

Based on some common numbers, he’ll be cash flowing $479 per month on each home.  Over the next 10 years, he’ll pull in $22,992 per year. Over the next 10 years, the mortgages will be paid down, while at the same time the value of the homes will presumably go up by some 30%.  This is why we do what we do when it comes to buy & holds!  Now let’s factor in the cash value from his policy.  Over that same 10 year period, he’ll pay in $230,680 in premiums.  His cash value will grow from $207,387 to $586,854 (less the $200,000 that is out).  That means his net cash value growth will be $148,787!  That’s an additional average $14,878 per year, of cash value that he can utilize for other deals, or however he sees fit.  If he sets up a repayment plan for that original $200,000 loan from his policy over that 10 years, he’ll have the full $586,854 to use by age 48. Or, he could choose to keep the $200,000 out for the 10 years (but why?), and he’d still have $386,854 to utilize (586,854 – 200,000).

Did I also mention that even though $200,000 will be out of the policy, being used on something that’s going to make him money, the cash value will still be growing inside policy at a rate as if it never left.  No other vehicle can you do this with!  And furthermore, the $200,000 ‘loan’ against the policy is an unstructured loan where you decide how you’re going to pay it back, over how long, and how much.  And did I also mention that the $148,787 net cash value growth inside the policy is not taxable when structured and accessed properly? 

There is no other vehicle with this many advantages.  Call me today and let’s come up with your own personalized plan.  Now is the time.

*Quote by Alyce Cornyn-Selby

If you’ve been in the real estate investing world long enough you may have dabbled with the idea of getting on the other side of the table and being a private money lender.  After all, when you started out in the real estate world, chances are you were trying to utilize friends and family’s cash for short term private money loans for your rehab before you build relationships with good lenders.  Or, perhaps you haven’t been interested in wholesaling and rehabbing but have a sum of money and wanted to jump right into private money lending and help others get started in their business.

As with any endeavor, we always recommend you meet with a lawyer, establish your business, get the required insurance, and learn the ropes. As you explore your options, you see there are limited places to store your cash while it is not loaned out. 

Most of us think that savings accounts are the only option. It’s a good starter place to store cash, quickly accessible, and you know right where your money is located.  Savings accounts sometimes earn the .05% interest rate while just sitting , but then you receive an insulting 1099-INT at the end of the year and have to pay taxes on that interest!  At least you made good money while it was being loaned out. Other high interest yield accounts are also popular, or perhaps qualified accounts (i.e. Self Directed IRA, et al).  In each case above, your money is growing on what remains in the account. The money outside is the real money maker.

Have you ever considered Whole Life Insurance as a place to store your money?

Properly structured whole life insurance from a mutual carrier can be substantially advantageous as a place to store your wealth.  The single most advantageous benefit (in the context of this conversation) is that when accessed correctly, the money inside your policy is growing uninterrupted even while it is loaned out.  Let me say that again. Your cash value grows year over year as if it never left even while it is loaned out to someone else!

For example. If you have $200,000 in cash value stacked up in your policy, and the cash value was projected to grow by $25,000 that year, it would still do so, even if the $200,000 was loaned out the entire year to a real estate investor. 

Your cash value grows and you made your gains on the money that was loaned out. The growth in your policy is income tax free… when structured and accessed properly.  The cash value grows as if it never left. You have living benefits and a death benefit.  And that’s just the start.

There is simply no other vehicle in which you can do this.

Every real estate investor should be exploring this option now. Let us help you take advantage of the most secure and profitable place to store your hard-earned money.

Call, text, email or send a carrier pigeon to discover what your own Private Family Banking System can accomplish!

What would change in your real estate investing business if you didn’t have to pay the 7-12% interest and points to a lender?  
What would change in your financial life, if you never had to borrow from a bank again, but could borrow from yourself, and pay yourself back, with interest, and do it over and over and over again?  
What would change in your personal life, if you were able to be your own bank throughout life, and finance your own cars, vacations, child’s college & even retirement?  
What would change in your family’s life, if you were able to do everything we’ve talked about while you’re still alive and then leave a substantial financial legacy that could literally last for generations? 

Most of us are on board with these ideas.  What if there is one vehicle that can help you accomplish all of these things… at the same time? 

Now what I am not talking about is a replacement strategy against your real estate investing ones.  What I am talking about is how setting up what we call ‘private family banking systems’ can turbo-charge your current strategies. 

Utilizing these strategies allows a person to build cash value in a vehicle where it can grow uninterrupted, while at the same time being used for other things. 

For example: While you’re using that cash value throughout your life for real estate investing purposes, that same cash value is growing as if you never touched it.  While is it doing this, you are at the same time building up the ability to supplement (or even fully fund!) retirement and even leave a legacy that could literally last for generations.  In the end, your real estate investment strategies creates passive income for retirement, all the while your private family bank also supports you through retirement. 

As I talk with more and more clients, I would have to say that the main thing I teach is about the flow of money.  Most people have money flowing away from them.  My job is to work with you based your goals and objectives, based on your current situation, taking a wholistic approach to changing the constant outflow of your money, to help you turn in inward. 

This is why we do what we do in teaching people about the Infinite Banking Concept. We want to see your life changed for the better.

• Build Equity
• Build Cash Flow
• Create Tax Deductions
• Generate Profit
• Build Up Retirement
• Uninterrupted Compound Growth of Cash Value
• Unstructured Loans from a Policy
• Creditor Protection
• Non-Market Based Growth
• Death Benefit
• Interest Deductions for Businesses
• Disability Benefits
• Tax Advantaged Growth
  
  

And the benefits go on and on and on…

We are Private Banking System experts who design personalized strategies for INDIVIDUALS, FAMILIES, BUSINESSES & NON-PROFITS. Through education, conversation and discovery, we craft custom strategies for our clients using the Infinite Banking Concept (IBC). We show businesses how to restructure their finances to make their money work for them. We utilize the Infinite Banking Concept with properly structured, dividend-paying whole life insurance through a mutual carrier. 

I could write a whole book on the many ways whole life insurance gets misunderstood. Fortunately, others already have! Instead, let’s start with a simple fact: a person can borrow against the cash value of a whole life policy; if you have a basic understanding of this, the following discussion should make sense. Regardless, I encourage you to go back and read previous articles on IBC and whole life.

Interrupted Growth & Paying Interest
Someone once said to me, “Why would I want to borrow my own money and pay interest on it?”  It’s a valid question. Here’s the answer: You wouldn’t want to… necessarily. Fortunately, that is not really how it works inside a properly structured policy.  Instead, you are borrowing “against” the cash value of your policy. You are not borrowing “from” the cash value of your policy. 

The Scenario. Maxwell calls his insurance carrier and asks them how much cash value he has available to borrow against. They look at his cash value and tell him he can borrow $188,000. Let’s say he borrowed $20,000 against his policy and the carrier is going to charge him 5%. It is an unstructured loan, so they let you decide how much and how often you are going to pay that back. Now you think to yourself, “I can get a loan from Bob-The-Loan-Guy for 3%, so why would I borrow from here?”

Defining the terms. Uninterrupted compounding is the basic principle where something (your money) and its gains grow continuously on top of each other over time. Contrast that with standard compound growth, where each time you withdraw money or investment growth declines, that growth is interrupted.  Inside your policy, the cash value grows uninterrupted.  The insurance carrier sees your death benefit is worth a certain amount and the cash value is worth another amount. They are usually willing to loan you 95% of the existing cash value.  The difference is they are loaning you the money from their pile, not your pile.  That’s why we use the term ‘borrow against’ instead of ‘borrow from’ when we talk about taking loans inside a life insurance policy. Since they are loaning you their money, yours will continue to grow uninterrupted. 

Back to the story. Our friend, Maxwell, borrowed $20,000 against his policy, but he was eight years into the life of his policy, and it was projected to grow by $25,000 that year. In nearly all outside situations, qualified money included, when you borrow $20,000 from a pile of money, you have interrupted that growth. Logically, it would only be growing off his remaining $168,000 in the policy; however, it is actually growing off of the original $188,000. Why? Because the insurance carrier is loaning you their money, not your money. In this scenario, Maxwell’s policy grew from $188,000 to $215,000 that year ($27,000 growth!). He was paying a premium of $20,000 per year, so his net growth was $7,000.

Maxwell could have borrowed the entire $188,000 and his policy still would have had a net growth of $7,000 that year. This is the power of uninterrupted compounding. Also, it should be noted that the $7,000 in growth is not taxable by the IRS. 

Through a properly structured whole life policy, Maxwell gained:

• Activated uninterrupted compound growth in his policy.
• Tax-free growth inside his policy.
• The ability to loan his real estate investment business the money and then deducting the interest expense.
• Recaptured money by paying himself back, instead of a bank.
• An unstructured loan that he could decide the terms on.
• A substantial death benefit tied to the policy that would pay everything back if there were any outstanding loans, leaving plenty for his inheritors.  
• Eventually, he would build up a cash value large enough to retire off of his policy, instead of through a qualified account.
  
  

Where else can this be done? Let us show you how to set up your own private family banking system using Infinite Banking strategies. Create a legacy that can last for generations to come.