Sunday, December 13, 2020

IBC Dilemma: Pay Additional Premium or Re-Pay Loan


IBC Mailbag: "John, I have a policy premium due and I'm wondering should I pay the total annual premium as scheduled or use the excess premium for the PUA rider to instead repay the loan on the policy? Please advise."

Here's a fork in the road for IBC policyowners eventually arrive at whether they have one or multiple IBC policies.  While there's no wrong answer here, I think creating a list of priorities helps answer the question best for your situation.  Here's my take on this IBC dilemma.

First Priority:  Premium Contributions

My rule of thumb has always been to contribute the premium (Base and Paid Up Additions) first.  Here's why.  

First and foremost, the ability to contribute premium is closed ended meaning there is a finite time to make these contributions.  (Note: base premium contributions - AKA the minimum premium due - must be made each year unless exercising a 12 month "premium offset" option.  There is no carry-over or "catch-up" provision for the base premium.  Paid Up Addition's or PUA's are optional excess premiums that may have a limited carry-over provision depending on the life insurance company.  Only a few life insurance companies offer a carry-over provision from the previous years unused PUA's.)

Also, the sooner one makes a premium payment, the better the policy is going to perform in all facets.  Keep in mind that once money goes into a Whole Life policy as premium, it is guaranteed to grow from that point on.  

And the benefits to making premium payments go well beyond the obvious:  more access cash values, more death benefit protection.  

Where else can you save money and then use that money elsewhere without interrupting the compounding growth?  Infinite Banking Whole Life policies are a financial unicorn!

If an IBC policy owner prioritizes repaying a loan before contributing premium, they are going to interrupt the compounding effect of future cash values.  Money can only compound if it's first saved and considering a Whole Life contract will be held for the entirety of one's life, the lost opportunity cost of compounding cash values and future death benefit could be absolutely huge.

Bill Lenderman, the late IBC practitioner and mentor to many current IBC professionals summed it up best: "You'll never be in a worse position by having access to cash." pay those premiums for as long as you can!

Second Priority:  Repaying Policy Loans

Loans on the otherhand are open-ended and unscheduled.  I've grown fond of saying over the years: "You can repay a policy loan in 2 month, 10 years, or never at all (if using loans for income)."

Policy loans, unlike bank loans, allow you to manage your cash flow to determine the best use of your cash flow.  

Here's another reason why you will want to prioritise repaying loans second.

I remember Nelson Nash talking about unexpected windfalls.  This windfall could be the result of an inheritance from a family member.  A windfall could also come from a work place bonus, or the sale of an investment.   The point is windfalls do happen, especially when you advance to using IBC policies loans to invest in real estate and business ventures.  

After receiving the windfall, then the question becomes: where do you park this windfall?

If you have policy loans that are outstanding, you now have the perfect place to warehouse that money without necessarily having to start a new IBC policy.  

Last reason why you should prioritise repaying policy loans second and it's simple, yet crucial.  

Before you ever take a policy loan, you should have a plan to repay that loan.  As Nelson would say: "Be an honest banker."

For answers to more questions like these, please contact me at


John Montoya

Wednesday, November 25, 2020

Lafayette Life Rolls Out Online Payments

Infinite Banking clients who have policies with Lafayette Life will be pleased to find out they can now make premium and loan payments online at when they login to their accounts.

If you have multiple policies, you'll be able to navigate online between all Lafayette policies.  This added convenience makes "becoming your own banker" aka the Infinite Banking Concept even more user-friendly.  

For those of you not yet familiar with Lafayette Life (they only work with experienced advisors so you likely won't ever see any fancy commercials), they have been a quiet leader in the IBC world since the early 2000's when Nelson Nash introduced the concept with his best selling book: "Becoming Your Own Banker".   They were the first mutual life insurance company that really embraced the strategy whereas other mutual companies initially shied away from advocating IBC.

The reasons were simple.  

There was unknown risk with encouraging policy holders to actively take loans with unscheduled loan payments.  Would policy holders be "honest bankers" as Nelson preached in his book?  Life insurance companies don't like taking risks but almost 20 years later, experience has shown policy holders to be both diligent and forthright borrowers to their policy loans.

Life insurance companies were also concerned about promoting a strategy "with the lowest death benefit" to their advisor/agent salesforce that encouraged them to take 60-80% reduction in pay with every policy sold.  Imagine your boss coming to you with a plan that would cut your pay in half and see how well that would go over...

Lafayette embraced both concerns head on and the results have seen their once tiny life insurance division outgrow their former headquarters in Lafayette, Indiana to where they reside now in downtown Cincinnati, Ohio.  

I had the pleasure of touring their HQ almost 5 years ago and was amazed by the efficiency of their operations.  You'd never guess the size of the company when you walk into their high rise building down by the Cincinnati riverfront.  

Lafayette Life has remained one of my top choices for Infinite Banking for a number of reasons.  Their Whole Life products are amongst the most innovative and flexible in the industry.  In fact, their competition has borrowed quite a bit from their product design over the years.

My favorite reason though for working with Lafayette Life is their accessability to friendly and helpful associates all the way up to executive management.  If I ask for anything, they are always willing to get on the phone and make my life as an advisor easier.  Of all the companies I've ever done business with, I have to give them the highest marks in the industry for customer service.  

And now with online payments life gets even easier for me and my clients who practice Infinite Banking.

If you have questions about Infinite Banking or would like more information about Lafayette Life as a choice for your next IBC policy, let me know.  You can always find time to connect with me here:

Thank you,

John Montoya

Saturday, October 17, 2020

4 Places For Money and Their Tax Consequences


In general, there are 4 places where money (assets) can be kept.  I'm going to leave out precious metals and cryptocurrency since the majority of people don't hold these assets, or if they do, it's an extremely small part of their net worth.

The most popular places people build wealth are:

Banks, Wall Street, Government (401k, IRA's), Life Insurance companies, and Real Estate so let's stick with these for the purposes of this discussion.

The 401k is under Uncle Sam’s control even when rolled over into an IRA.  Both are considered Qualified Retirement Accounts (QRP) --- that is, qualified with the government.  Rollovers (401k to IRA or IRA to IRA) don’t create a taxable event but eventually the government forces liquidations of these accounts thru Required Minimum Distributions at age 72.   

At the time of death, beneficiaries of 401k/IRA must withdraw all assets from an inherited IRA within 10 years following the death of the account holder according to the SECURE Act in December 2019.

Note: I  recommend looking at solutions that will help transition the account balance in an IRA rollover account to life insurance policies on your kids – or perhaps yourself if you might still be insurable - in order lower their future tax bill and also to create a multigenerational transfer of wealth.

Here's something to considering if you plan on doing a rollover from a 401k to an IRA (or IRA to IRA) to purchase an annuity:

With an annuity, the account balance equals the death benefit.  I mention this because the term death benefit in an annuity sometimes creates confusion for the public. Since an annuity is a contract with a life insurance company, the account balance upon on death is technically called a death benefit but there is no increase in the account value upon on passing like with a life insurance policy where cash values mushrooms and instantly becomes a much larger death benefit at the time of passing. (For example, a Whole Life policy pays a death benefit substantially larger than the cash value.)  


The life insurance death benefit does get included in your overall estate unless it’s in an Irrevocable Life Insurance Trust (ILIT) but the death benefit is income tax-free which makes it a superior distribution and transfer vehicle for beneficiaries.  A discussion on ILIT's will be important if your overall estate will in time exceed estate tax exemption.  In 2020, the estate tax exemption is $11.58 million for a single person.  Multiple this exemption by 2 for married couples.


Note:  If you've had a spouse that has passed, it's important for your advisor to know if you file IRS Form 706 at the time of his death to make an election to add his unused estate tax exemption to yours.


Let me know if this helps or if you have questions about your situation.  Here's my calendar to request a consultation:


Thank you,


John Montoya

Tuesday, October 13, 2020

IBC Q&A Mailbag: The Power of Zero (Review)

The following is an email exchange with an existing client:

Hi John,

I have read the Power of Zero book by Dave McKnight, along with listening to many of his podcasts. I seem to resonate with his approach to matters. Have you read, and are you a fan of his approach to things also?



My reply:

I am familiar the book and movie.  The director, Doug Orchard, actually produced and directed two of the videos on my website.   

(The 2 videos are at top of the page here:


I like the Power of Zero strategy with regards to how it applies to indexed annuities.  I do have a difference of opinion as it applies to IUL’s because of the increasing cost of insurance within those policies.  I don’t believe the industry does a very good job of disclosing the risks with IUL’s.  The only mention of risk to a prospective buyer seems to be that money can’t be lost if the market goes down.  This is a half-truth at best.


There are actual risk esposures IUL's have but they are usually never mentioned.  The cost of insurance in an IUL increases every year by a larger amount which poses a major problem during retirement years.  IUL are sold on the idea that the returns will be there, and while it is possible they could be, but it’s also possible they won’t. Then what?


For this reason, I would only recommend an IUL for two sets of people:

1) High net worth clients who can commit a minimum $20k a year while still maintaining diversified portfolio of other assets AND life insurance policies. 

2) Parents living with diabetes who cannot otherwise qualify for a permanent cash value policy.  There is an IUL only program specifically designed for those with diabetes, currently unavailable with Whole Life.

Outside of these two demographics of people, I wouldn't recommend an IUL because I see too many buyers of IUL putting the majority of resources into one IUL plan and little elsewhere.  It’s a recipe for disaster because here's what I know as an experienced advisor what go wrong with an IUL:

Here are 5 Perils of an IUL


1.  The IUL cost of insurance is based on annual increasing one year renewable term.  Cheap when young, cost prohibitive once a person hits retirement.

2.  Returns could be below illustrated.  The increasing cost of insurance will only erode returns further. 

3.  Planned premium funding falls off because life happens.  Examples include layoffs, an extra kid (or two!), unplanned college expenses, failing health, divorce, lack of financial discipline... even pandemics!  Life does happen and failing to maximize the policy contributions of an IUL has an adverse effect on the returns of the policy because less premium means less cash value potentially earning interest to offset internal increasing costs of the life insurance.  

4.  IUL’s never endow.  

Only Whole Life policies can endow---- this means the cash value is guaranteed to equal the death benefit by age 121.  The current cash value in a Whole Life policy is actually the present value of the future death benefit.  This is hard to grasp at first but it’s very powerful.  

Essentially, a Whole Life policy is reverse-engineered from age 121 with fixed premiums and a minimum guaranteed growth rate completely uncorrelated to the market or economy.  What this means is that what you want to happen, will happen. A Whole Life policy provides a blueprint guaranteeing policy owners that their policies will eventually grow to equal the death benefit—even if their not around to see it.  

Furthermore, the PUA rider in an Infinite Banking designed Whole Life policies speed up the process by turbo-charging the cash values AND death benefit at no future cost.   In comparison, IUL is a side savings account based on positive market returns combined with the rising cost of a one year term policy.  While it’s nice IUL’s have the potential for 1-2% higher average returns than Whole Life, returns are dragged down by the rising cost of insurance over time, the unpredictability nature of market returns, and lack of discipline to stick to the planned premium when life events invariably happen.)

Underfunded and/or poor performing IUL policies should not be the foundational basis of a financial plan because IUL's have no guarantee of performance.  Just a guarantee of zero AND a guarantee of increasing life insurance costs.  As you can guess, I like building a financial plan with growth guaranteed each year and guaranteed fixed premiums that combined create financial certainties... hence Infinite Banking designed Whole Life.

5.  Taking income from an IUL during years of low and no return makes the cash value disappear even faster, especially so when the cost of insurance is rising exponentially after age 65.  It's the triple whammy that can't be avoided: no return, loans coming out, exponentially rising cost of insurance.  (This perfect storm of risk is even more pronounced in Variable Universal Life (VUL) policies).  

For this reason, I mention an IUL is not suituable for middle class income earners because they won't have a fallback plan if the majority of their eggs are in this one basket.  There’s just too many perils for middle class clientele to navigate to make it their main strategy.   

Unfortunately, there is an army of inexperienced life agents and advisors touting an IUL as the best thing since slice bread, and worse yet, people show me their IUL plans that have been designed the wrong way because there is too much death benefit (which means higher commissions for the advisor and an increased likelihood of that IUL to fall short of expectations).


All this said, The Power of Zero with Indexed Annuities is an excellent way to go because there is no life insurance mortality costs to eat away at the returns and many indexed annuities can be purchased with no annual fees or if choosing an indexed annuity for income purposes, a guaranteed lifetime income rider that averages 1% per year which is an extremely low cost for the peace of mind knowing you'll always have an income.


My thoughts are if people really want "The Power of Zero" without any true downside risk (no market risk AND no rising mortality costs), then combine IBC designed Whole Life policies with uncapped Indexed Annuities.  You get the best of both worlds (upside growth and the IBC banking strategy) without taking any unnecessary risk.

And one more thing, remember that if you're doing Infinite Banking right, you will have more than one IBC designed Whole Life policy. 

We can discuss further if you like by scheduling time on my calendar here:


Thank you,


John Montoya

Tuesday, October 6, 2020

3 Things To Consider When You Delay Getting Started With IBC


It's possible you’ve been looking into Infinite Banking for a few months or even a few years now and perhaps you've yet to get started.  Sometimes the hardest thing is taking a leap of faith when doing something for the first time.  A few things to go consider:


  1. We don’t get any younger and our current health is never guaranteed.
  2. This is a guaranteed contract.  It’ll grow every year without any luck, skill, or guess work… and it gives you tax-free access to cash values via policy loans for any reason without interrupting the growth.
  3. If you have a family to protect, there is no better option for your “safe money”.


Check out my podcast if you’d like to continue to learn at your pace:


Calendar:  I’ll be here when you are ready.  

Just keep in mind point #1 above and remember this:  

Time is the one thing we don't get back.  

Until this is taken care of, there are no guarantees except, of course, death and taxes. 






Friday, September 25, 2020

Five Reasons To Borrow From a Whole Life Policy instead of a Bank

Here are 5 of the best reasons to borrow from the insurance company against your Whole Life policy versus borrowing from a bank: 

* No application process. I ask for the money and I get it. I don't have to qualify...ever! 

* Instant liquidity of repayments. Every dollar I repay on my policy loan is instantly available to be borrowed again without application or qualification, as opposed to a bank loan where payments simply reduce the unpaid principal balance. 

*  Another huge reason for borrowing against your life insurance policy is the flexibility of the repayment plan.   This is especially important if you are business owner with cash flows that fluctuate monthly.  Re-pay policy loans based on your schedule, not the banks.  

* Privacy.  If you have kids to put through college, consider that your bank assets, and even your kid's 529 account, will account against them when qualifying for finanical aid.  You can pay the retail cost of college but wouldn't you rather get a discount?  Strategically placing money in life insurance contracts shields this money from prying eyes.  It also helps you in retirement because policy loans used for income are tax-free and won't bump you into a higher tax bracket.  Retirees with 401k distributions have to report taxable income that potentially reduces Social Security benefits.  Ouch!

* Uninterrupted compounding growth of your cash values.  Simply put, you continue to grow your wealth even when you take a policy loan to use somewhere else.  I call this "Dual Compounding".

Albert Einstein is noted for saying:

"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it."

In summary, total control is in the hands of the policy owner.  You decide how much and when you pay back the loan.  For best results, don't "steal" (borrow without setting up a payment schedule) from yourself.  Maintain discipline.  Paying back your loan re-capitalizes the policy for future use.  

Let me know what questions you have about Infinite Banking.  You can find me here:

You can also hear me talk about Infinite Banking on my podcast here:

Thank you,

John Montoya

Tuesday, September 22, 2020

Infinite Banking IUL

 If there ever were two things that don't go together it's "Infinite Banking" and "IUL".

I try to avoid Facebook like a plague but every now and then I do log in.  There are just too many ads and rants for my liking.  One of first ads I saw was for, you probably guessed it, "Infinite Banking IUL".

If you should see one of these ads, videos, or blogs posts from anyone touting the benefits of Infinite Banking, run in the other direction.

The Nelson Nash Institute is the only place on the internet where you can find an Infinite Banking Authorized Practitioner.  Here's the link:

One of the reasons the Nelson Nash Institute was created was to root out the imposters posing as Infinite Banking experts.  This was largely because advisors were liberally taking the Infinite Banking strategy and then selling IUL's (Indexed Universal Life insurance).

Only Dividend Paying Whole Life policies are to be used for Infinite Banking.  The reasons are multiple but the main one is that a Whole Life policy when structured for Infinite Banking avoids unnecessary risks embedded into the flawed design of an IUL policy that poses long-term risks on the performance of these policies.

No such performance risks exist with a Whole Life policy because the premium on a Whole Life is fixed from day 1 and there are no surrender penalties.  Cash values are readily available to be used as soon as 30 days.  IUL's doesn't have the same set up.  

And this is just the tip of the iceberg.  If you are being quoted an IUL, let me know.  I can walk you through the in's and out's of an IUL and show you what a true Infinite Banking plan looks like.

You'll find me here:

Thank you,

John Montoya

Friday, September 11, 2020

Discussing Financial Milestones as a Parent


Discussing Financial Milestones as a Parent

Thursday, July 30, 2020

IBC: Planning For Your First (or Next) IBC Policy AKA "The Future Planning Strategy"

Sometimes it's not possible to get started with an Infinite Banking designed Whole Life policy right away.

One of the primary reasons is due to cash flow restraints. In this scenario, the best alternative is securing a convertible term policy.

If you can budget $20-50 a month, you could lock in a 10 year term policy now that can be used to convert to an IBC designed Whole Life within the next 10 years.  

(Your age, health rating, and amount of death benefit will ultimately determine your monthly premium)

From experience, including my own term policies, I can share the majority of my clients convert their term policies within 5 years to an IBC Whole Life policy.

Life insurance companies will often also provide a credit for the previous 12 months of premium when the term policy is converted. 

Plus, if you are married and/or have kids, the death benefit from the term policy gives your family added protection. 

If you are single, then the convertible term policy is merely to guarantee your health so that you qualify for the IBC Whole Life policy when ready. It's like buying a stock option in that regard where the stock option gives the person the right to buy shares of a company within a specified timeframe. In this case, the convertible term is the " Whole Life option".

I'm a lifer to the insurance business. My first official job after college was with John Hancock Financial. Since that time  I’ve seen a number of people wait to get a policy for various reasons only to lose their health (prostate cancer, stroke, diabetes, complications from a car accident, etc.). I’ve seen a lot of bad luck happen to good people. 

For that reason, I try my best to get people, at a minimum, considering a convertible 10 year term policy.

This type of pre-IBC planning is what I refer to as "Future Planning".  It also works great if you already have one or more IBC Whole Life policies.

I keep a 10 year term policy despite owning multiple IBC designed Whole Life policies.  I keep it available so I know with 100% certainty I can open my next IBC policy even if my health changes for the worse.

Let's face it. This pandemic has proven once again that anything that can happen, will happen!

Back to my own term policy... when I eventually convert my existing term policy to my next Whole Life policy, I'll also look to obtain another 10 year term policy so I can repeat the same process for the next 10 year window of my life.  

If you would like to learn more about getting yourself set up for your first or next IBC plan AKA doing some "Future Planning", let me know.  You can find me here:

Thank you,

John Montoya

Sunday, July 12, 2020

Are You Thinking About Retiring Early?

Life doesn’t always go as planned, and if you’re currently navigating a new set of circumstances that has led you to consider an earlier retirement, it’s important to proceed carefully and thoughtfully.

Is it possible for you to retire early? If so, what’s the best way to go about it?
To start, take a look at these basic considerations and reach out if you’d like to check in.

Strategize Social Security

You may be able to start collecting Social Security at age 62, but many people choose to hold off if they’re able to. Waiting until your full retirement age (which depends on your birth year) or up until age 70 will lead to an increase in benefits.

Rebalance as Needed

Whether it’s by re-examining your portfolio or shifting more assets to cash (or both), try to make sure you’re finding the right balance and reducing risk as needed.  

One of the best ways to reduce risk is to consider an indexed annuity as part of your overall portfolio.

Indexed annuities do 2 things extremely well:

  1. Principle protection with upside growth
  2. Offer guaranteed lifetime income streams

Create a Withdrawal Approach

While many retirees aim to withdraw around 4% of their investments in the first year of retirement and adjust the amount for inflation going forward, there are no set rules for success. 

In fact, most fiancial pundits are now saying because of market volatility you should withdraw no more than 3% per year in retirement to avoid running out of money.  You may decide to withdraw more or less depending on your budgeting habits and age. 

To see where you stand now, multiply your current savings by 4% and divide by 12 to find what your monthly income amount would be.

If you are needing a withdrawal rate greater than 4% to ensure you won't run out of money in retirement, this is another reason to consider an annuity which typically have withdrawal rates greater than 4%. 

Other Factors

Don’t forget about additional considerations like health care and taxes. Overall, it’s important to sit down and calculate your anticipated monthly expenses (including a cushion for anything unexpected).

Do you need assistance mapping out your short-term, mid-term and long-term goals? It's extremely important that you make sure your guaranteed income in retirement covers all expenses.  Reach out anytime to discuss your questions here:

Thank you,

John Montoya

Tuesday, June 23, 2020

How Accountable To Your Wealth Are You?

"Only when the tide goes out do you discover who's been swimming naked."  - Warren Buffet

There has never been a better time to look at your finances then the present pandemic.

We've seen the market drop precipitously only to experience the best 50 day run in history.  Meanwhile, new unemployment numbers are in the millions and increasing each week.  The dichotomy of between what's happening on Wall Street and Main Street has arguably never been as stark as it is now. 

If you've been exposed in 2020 by a lack of liquidity (access to cash) and seen your overall net worth drop by greater than 15% in 30 day time frame, then now is the perfect time to rethink and reshape the foundation to your financial plan.  

There are critical elements this pandemic has exposed in the traditional financial model.  For the purpose of this article I'm going to focus on one area you probably give little thought to:

Your Savings Strategy


What does your savings strategy look like?  

Do you save in a traditional bank?  Is your savings really an investment plan like a 401k?

These are important questions because whether you save your money in a bank or a government qualified retirement account, you've exposed your money to at least of 1 of the 3 main Wealth Destroyers that are eating away at your net worth.  

3 Wealth Destroyers

  1. Risk:  Can you lose money?
  2. Taxes:  How much of the growth do you keep?
  3. Inflation:  Are you staying ahead of the invisible tax that reduces your purchasing power?

(There's also a 4th Wealth Destroyer which I'll get to in a moment)


Does your savings strategy make you more accountable, more efficient, and more profitable?

Let me ask you in a different way so you can better understanding of what I mean.  

How much value do you place on cash? 

For most people, the value is very low.  

If you pay cash for large items, you likely don't save money on a planned schedule.  You simply save what's necessary for your next big purchase or emergency.  This is important because not having a systemized plan means you place very little value on your saved dollars.

Think of it this way, when you borrow money from a traditional bank, you pay interest.  If you save money, you expect to earn interest.  Yet, when you use your saved dollars, you don't put any value on that money but this is a HUGE MISTAKE because of the opportunity cost of paying with cash from your traditional accounts.

Remember, you either pay or earn interest.  Paying with cash means you give up the ability to earn interest on that cash forever, and this is true even if you are great at replenishing your savings account!

You save up, spend, and start all over.  Rinse, Repeat.  It looks like this:

Let's now plug a high early cash value (Infinite Banking) Whole Life policy into the equation and see how it holds up to the 3 previously mentioned Wealth Destroyers.  

  1. IBC Whole Life policies eliminate market risk,
  2. IBC Whole Life policies remove the taxes on the growth, use, and transfer of those dollars,
  3. Cash Values (and the future death benefit) are increasing at a pace that stays ahead of inflation,

and you have a Savings Strategy that incorporates an asset class that overcomes the 4th Wealth Destroyer:

The Constant Interruption of Growth

If you don't think this is important, ask yourself this:

How much money will pass through your checking/savings account in your lifetime never to be seen again? It's a large amount of money, am I right?!?  Wouldn't it make sense to allow that money to work for you all of your life rather than disappear forever?

When you use cash value to fund your lifestyle, pay for your kid's education, start or grow a business, or even prepare for retirement, you own an asset that you can use and re-use without interrupting the compounding curve of your saved dollars.

This is because cash values continue to grow on the full value even when there are loans taken.  You can't get uninterrupted growth with a traditonal bank account or 401k/IRA.

But to really make IBC work, you need to be accountable to your wealth!

A little discussed benefit to having an Infinite Banking Whole Life policy is how the use of this type of Savings Strategy makes you more accountable, efficient, and even more profitable than the traditional savings plan you currently use.  

People who don't understand how cash value life insurance works scoff at the notion of taking policy loans because they place little to no value on their saved dollars.  They don't know what they don't know...

Utilizing policy loans are critical to building your net worth because taking and repaying policy loans forces you to be accountable to your money, including when you use the cash values for investing.

On the point of using IBC for investing, my IBC Whole Life policies don't restrict me from making investments.  On the contrary, accessing the cash value via policy loans have made my investments more profitable by using leverage available in Whole Life policies to create two assets from the same dollar.

Here's the main point:

IBC forces you to replenish your wealth so that you never liquidate your savings without any intention of keeping it growing. 

If you are serious about accumulating wealth that can overcome all 4 Wealth Destroyers, it's imperative you evaluate your current savings strategy to be sure you setting the proper foundation for building wealth that can endure any financial storm.

And don't forget, just because a Whole Life policy is an unmanaged asset (it has guarantees and it can't lose money based on market whims), "practicing IBC" means you need to practice being accountable to the dollars you save!

Chances are you are already a good Saver.  You're just not saving in the best spot!

If you have questions about your current IBC plan or are looking to get started with IBC, you can connect with me here:

Thank you,

John A. Montoya