24: Why you're hestitating on whole life (and how to stop)
Fear, uncertainty, and doubt around whole life insurance keep people stuck in analysis paralysis, unable to move forward with Infinite Banking, despite its proven track record. But understanding where this "FUD" comes from and why it's largely overblown helps us understand that it's actually really hard to mess up a whole life insurance policy.
More From John:
More From John:
1. Get a free one-on-one Financial Assessment
2. Get my free weekly newsletter with exclusive content on financial education
3. Free mini-course: Supercharge Financial Growth with Whole Life
4. Work with me: Schedule a consultation
2. Get my free weekly newsletter with exclusive content on financial education
3. Free mini-course: Supercharge Financial Growth with Whole Life
4. Work with me: Schedule a consultation
About me:
I'm John Perrings, an Authorized Infinite Banking Concept (IBC) Practitioner with the Nelson Nash Institute, the official home of Infinite Banking. I've implemented IBC for hundreds of clients and educated thousands more via my top-rated podcasts, articles, and courses.
Get Access to All My Stuff:
StackedLife.com
Topics Discussed:
- (00:00) - 024 Why you're hesitating on whole life (and how to stop)
- (01:10) - Generations of Status Quo Financial Thinking
- (04:48) - Information Overload & Finding the Right Advisor
- (08:45) - IBC Hype and Sensationalism
- (12:44) - Philosophy vs the Math
- (17:02) - Policy Design Concerns
- (19:48) - High Early Cash Value Trade-offs
- (22:47) - Policy Lapses & Wrong Products
- (26:12) - Finding an Advisor You Like and Trust
- (27:48) - Agent Commissions
- (33:41) - How Much to Pay & What to Do With Your Policy
- (36:22) - Simplicity & Next Steps
Creators and Guests
Host
John Perrings
I've helped hundreds of clients implement The Infinite Banking Concept and I can help you too.