The Last Video You'll Ever Need On Infinite Banking | with

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This is the last video you'll ever need to understand the infinite banking concept. In this clip from the MR.Brrrr show, Caleb and Devin give a comprehensive guide to the infinite banking concept and whole life insurance.
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4 окт 2024

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Комментарии : 170

@BetterWealth 10 месяцев назад

Ready to set up your own And Asset Policy? Schedule a free clarity call - www.betterwealth.com/clickhere-life-insurance

@90DayGoals1 27 дней назад

How Is Infinite Banking better than Velocity Banking?

@BetterWealth 10 месяцев назад

Who thinks @MR_brrrr and myself should do a part 2 on the whiteboard to discuss IBC in more detail?

@DerivCapital 10 месяцев назад

def need to use the Whiteboard !!

@kbunky69 10 месяцев назад

Yes please do a part 2

@CMMWest 10 месяцев назад

Whiteboard for the win!

@dailstancill720 10 месяцев назад

For sure!

@bradboyd395 10 месяцев назад

no. stop. we all get it. everyone should have done it by now. talk about something that will actually compound.

@AndAsset 10 месяцев назад

This interview is amazing! Packed with info 👏🏼

@CMMWest 10 месяцев назад

So good Caleb! Thanks for advocating!

@BulagariaF1rst 7 месяцев назад

The guy is or was a business partner with Chris Naugle. Caleb, if you spend the time to watch one of the most popular videos on Chris's channel with the title: Using The Infinite Banking Concept To Pay Off Debt, Buy Cars, & Plan For Retirement, you will find out more about this people.

@ianvogelmedia 10 месяцев назад

This is one of the best videos that I've seen describing IBC. Great job! 👏👏👏

@BetterWealth 10 месяцев назад

That means a lot! Thank you for saying that!

@PerryLaMartin 3 месяца назад

@@BetterWealth How can I get a policy set up just like this? Can I work with either you, someone from your team, and/or someone that you trust to help set this up for me please?

@BetterWealth 3 месяца назад

@@PerryLaMartin We'd love to help you! You can schedule a clarity call with my team here: www.betterwealth.com/clickhere-life-insurance

@365daysofpool 4 месяца назад

If the insurance company is mutually owned, then the more people circulating money through it will increase the value of the company. The point below the curve, to use calculus to explain, is the initial start up capital to fund the policy. And the area under the curve is the amount of time needed to survive to cover the costs of net death benefit payouts, everything above is profit for the insurance company, which is mutually owned, and everyone gets a dividend of those profits.

@telwingeorge 10 месяцев назад

If you private lend your money at 15% your cost basis isn't the 5% interest you are paying. You are risking the entire 100% if the borrower defaults and you are left with 5% compounding against you.

@cess308 9 месяцев назад

If the borrower defaults, you have control of the assets. The lending he’s doing is hard money loans on real estate. If the buyer doesn’t pay, you have an asset that should be worth well over what you loaned out.

@telwingeorge 9 месяцев назад

@cess308 if you lend let's say $50k are you saying you can takeover a $400k house

@cess308 9 месяцев назад

Absolutely, that’s where the risk is mitigated on both ends. On your end your loan is secured with a hard asset with inherent value. On the borrower’s side, he’ll never default because he would be forfeiting a $400k house for only $50k in debt. If the borrower ever fell behind, he would just refinance and pay you off. There are no guarantees in this world, but this is a pretty solid bet. I’ve been on both sides of deals like this already, it works.

@LifeisGood4Real 6 месяцев назад

Fair point. You mange the risk the best you can. Life is risky!

@stephaniethomas8214 7 месяцев назад

God first-FACTS

@ChristinaBastilla-yx3hj 9 месяцев назад

I’m glad that I clicked this second video. I enjoyed this second video. For the first time, I watched one of your videos yesterday that included Denzel Napoleon Rodriguez and I considered never watching any of your videos again. I had been watching Christy Vann (Velocity Banking - VANNtastic on RU-vid) and Chris Naugle (Infinite Banking on RU-vid) and I love the Velocity Bsnking and Infinite Banking concepts. After watching you and Denzel, it had me questioning my own understanding of both money concepts.

@DemetriusWalker 10 месяцев назад

Fun episode to watch! Great conversation, gentlemen!

@BetterWealth 10 месяцев назад

Thank you!

@DemetriusWalker 10 месяцев назад

@@BetterWealth of course!

@jermaine000 10 месяцев назад

Legendary video!!!!

@kbunky69 10 месяцев назад

Love the part that Devin defined EGO edging God Out .. brilliant.

@kbunky69 10 месяцев назад

Maybe in part 2 Mr Burr can show and tell how he structure the ownership of his policies that he gets tax deduction for the loan payments from the policies as he mentioned in part 1

@Leon_Aldrich 10 месяцев назад

Most people will have a personal whole life policy. I believe they take a loan on policy and "loan" it to a business they create. The business grows the asset while getting tax advantages.

@GregoryChevalier-zj9rx 6 месяцев назад

Part 2 please… Great insight

@BetterWealth 6 месяцев назад

Coming soon

@factshurt5362 7 месяцев назад

Never lose money? Let me give you real numbers and maybe you can calm me down. 95k in 5 years. Cash value is currently at 63k. Seems like I’ve LOST 32k.

@Rshen11 2 месяца назад

What's your death beneift.. how much cahs did it increase..

@newhouserules6489 Месяц назад

Your policy was probably constructed wrong. You need to set these policies up with an emphasis on cash value build. Do you have anyone that you can go over your specific policy with? I’m sure better wealth has a team that could help you. If they are too busy or not appointed in your state. I don’t mind having a conversation.

@dangerdavesideas6177 10 месяцев назад

No one talks about the cost via premiums to hold the policy

@flowbusinessfunding546 10 месяцев назад

Awesome video. I passed my exam and waiting to hear from insurance board to get my license. This is powerful. Thank you!

@Mr_brrrr 10 месяцев назад

congrats!!!

@flowbusinessfunding546 10 месяцев назад

Thanks Devin. I actually just found out yesterday that I received my license. I am living in Gilbert, Arizona at the moment. I think you live near by. Do you train new agents and how would I join your team?@@Mr_brrrr

@BetterWealth 10 месяцев назад

Thank you! And congrats! Let us know if we can help you in anyway.

@flowbusinessfunding546 10 месяцев назад

Thank you@@BetterWealth

@TheEtrepreneur 7 месяцев назад

I either speak the same language as Mr BRRRR or he's a very good presentator. 💪🏆 (and I'm not even a native english speaker)

@zoeyth4003 10 месяцев назад

Why not just use a brokerage account and use margin.

@Bobventk 2 месяца назад

5:10 fear mongering doesn’t help your point. Nobody actually loses their money in a bank.

@luisg6404 Месяц назад

well except for inflation. if you leave 100 in the bank it will be worth less at the end of the year than at the start

@waynebarberii346 16 дней назад

Do some research on bank insolvency in America and in Greece. FDIC is only $250K. You are an unsecured creditor of the bank.

@laubachm11 4 месяца назад

lol you hate 401k but love whole life lmaoooooo

@Kentuckybrothershooting 3 месяца назад

401K was never meant to be a retirement vehicle , it just gave employers a tax break

@gabriellovesAmerica777 2 месяца назад

What's the most amount can you open a whole life with? Can you put, say, 1,000,000 upfront?

@shaynemorten2253 Месяц назад

Eye openning to say the least! Can this be done in Canada?

@ChristinaBastilla-yx3hj 9 месяцев назад

Thank you for sharing this concept with us / others. I’m 49 years old (born in 1974) and had never heard of the Infinite Banking concept until 2023.

@siulanainad 9 месяцев назад

On an overfunded regular UL I have My beneficiaries get the death benefit + cash value at death.

@Fred2-123 8 месяцев назад

@siulanainad No they don't. The beneficiaries get the death benefit *only*. Actually, they get death benefit MINUS any outstanding loan balance.

@reneewemmerloredo1405 6 месяцев назад

How would you recommend I educate myself on how to structure the policy?is there a course to take or anything other then piecing together RU-vid information

@CarlosDiaz-jy4vw 6 месяцев назад

Why pay money for a course when you can do your due diligence by researching the topic outside of RU-vid and having conversations with professionals on the topic

@ranauldogreer2711 10 месяцев назад

Amazing info as always Caleb and the other gentleman as well can you maybe do a video on convertible term life insurance or if it’s already out there could you point me in that direction it would be much appreciated.

@BetterWealth 10 месяцев назад

Thank you! We will be making more videos on this exact topic in the future but here's the most recent segment we did on convertible term - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Q9Uqu7sXEX4.htmlsi=WHl_uqdPY12T_Aha&t=731 Hope it's helpful!

@ranauldogreer2711 10 месяцев назад

@@BetterWealth Thanks I appreciate it.

@rajbeekie7124 7 месяцев назад

Infinite Banking is a great way to be separate from your money. The agent and the ins company love this stuff.

@russellf5832 10 месяцев назад

The front loaded fee's seem high and the % for borrowing the money seems to be prime (8%). The death Benefit seems to need to be very high to use it to borrow... as for compound interest I have never really seen it AT ALL in any of my investments.... IRA, 401K, Insurance policy, etc. and I have had accounts for over 20 years. Some how it never seems to work, sorry...

@nolansanburn-theinfiniteba4066 9 месяцев назад

Keep buying term and investing the difference

@russellf5832 9 месяцев назад

I am trying

@OklaTorch 10 месяцев назад

You are absolutely correct saying this is not something to get you Rich but I would for sure call this a Multi Tool Vehicle that can accomplish many $$$ tasks, take you many places, provide no stress security for the fam and help assist generational wealth if structured and used correctly. Im pumped about this. There are so many that have no clue about this and I was on of them until this week. Great Video. I cant wait to learn more about this so I can setup my kiddo and teach her the concept. Thanks so much

@OklaTorch 10 месяцев назад

omg i just got to the trust part of the video. Can a trust be the beneficiary? If so could the trust buy a policy on the kiddo

@OklaTorch 10 месяцев назад

I know for certain now I love you two goofers.... just got to the ego and God part. Hope to meet you all and learn a lot

@BetterWealth 10 месяцев назад

This comment is amazing to read! Really glad you found us! Please let me know if there's anyway we can help you in the process or answer questions you have.

@BetterWealth 10 месяцев назад

Yes a trust can be the beneficiary! And also yes, you can buy a policy on your kid. Let me know if that makes sense. I'd be happy to give more in-depth answers if needed.

@BetterWealth 10 месяцев назад

That was a great quote that I won't forget! That would be great! If you're looking for further resources we have free educational material here you can check out - bttr.ly/vault Or if you want to speak to one of our specialists you can schedule a complimentary call here and we'd be happy to help with whatever you need - bttr.ly/aaclarity

@themssalt 2 месяца назад

Is it possible that your loan with accrued interest can be more than your death benefit such that when you die, your debt is greater than the death penalty?

@temporarilyUnknown 8 месяцев назад

Ok so mutually owned whole life is better for infinite banking than IUL?? From what I heard, the difference is borrowing from the death benefit vs borrowing from the cash value?

@aerongn 2 месяца назад

How the heck do @Mr_brrr borrowed against the Whole Life Insurance to buy Rolex Watch, R8 and turning 5 into 10? Rolex Watch/R8 does not appreciate in value...

@ALEXI778 10 месяцев назад

Can you explain how paying for trips, braces etc...is a good idea, Caleb says you want to use the policy to make it work more than once for you, is it just the ease of not having to use your own money? thx

@BetterWealth 10 месяцев назад

Thanks for the question! I don’t personally believe it is a good thing. I believe you should not use your policy unless you receive a greater ROI than the interest rate you borrowed at. So I don’t recommend people use it for going on vacation, buying depreciating assets, etc… unless those things create a greater ROI. Ultimately though, it depends on whether you believe the activity will help you create your intentional life and for some people they have no issue borrowing against their cash value for trips, accessories, etc… The one positive is if you have the money to pay the full price plus interest, all money is still going back into your policy so it’s not technically “lost” but your opportunity cost might be.

@ALEXI778 10 месяцев назад

Thank you for the reply!@@BetterWealth

@BetterWealth 10 месяцев назад

You're welcome!

@telwingeorge 10 месяцев назад

Could you please explain how is it efficient to pay 5% in interest to get daughter's braces?

@Rshen11 2 месяца назад

It's efficient. To pay 5% interest.. if otherwise you'd be paying 7 percent for it

@Rshen11 18 дней назад

@WordSaladChris you're not borrowing from yourself... you're borrowing against it.

@davidr9876 9 месяцев назад

Why would an insurance company lend you money at such a low rate? They are lending at lower than what they'd make if they invested it. It doesn't make sense why they'd do that. Without being able to borrow at a rate that's less than your CV is earning, infinite banking collapses. What am I missing?

@Rshen11 2 месяца назад

Its because it's risk free

@Samuel-j4m7i 8 месяцев назад

video educated me very well, I think this will be very beneficial knowledge. Dave ramsey misinforms on accident

@BetterWealth 7 месяцев назад

Glad it was helpful!

@XRPeakyBlindAR 9 месяцев назад

When you have your next conversation. Going deeper into “valuing control over …” concept. Because a lot of these well knowns to you both are Greek to listeners.

@BetterWealth 9 месяцев назад

We’ll keep that in mind!

@matthewharrigan3568 10 месяцев назад

I get the idea. I don't get why over funded whole life insurance is better than other assets which can also be collateralized like real estate or stocks.

@Mr_brrrr 10 месяцев назад

Because if guarantees and no structured repayments. Collateralizing those other assets have structured repayments and they aren't guaranteed to grow. They also don't grow tax free. They also aren't protected against lawsuits and judgments. Ohhh and they also don't provide a death benefit like this does.

@matthewharrigan3568 10 месяцев назад

@@Mr_brrrr margin loans are unstructured. Life insurance is not guaranteed to grow, which I define as positive REAL return. The biggest threat to your assets is divorce and life insurance does not protect against that.

@linnyh8242 10 месяцев назад

Life insurance loans being touted are practical wash loans, heloc and margin loans are not.

@matthewharrigan3568 10 месяцев назад

@@linnyh8242 what is a wash loan?

@markf.2050 10 месяцев назад

Oh, and don't forget that you will lose every penny of that over funded cash value if you die. Its growth is tax-free because the growth of a fund that you don't own is always tax-free. You can only borrow against it. You don't pay tax because you are unlikely to ever pull out more than you put in. If you do, there will be taxable income. Remember, you bought that cash value fund with after-tax dollars, and you will pay back any loans and interest with after-tax dollars as well. Consider your out of pocket total by the time you have paid back a significant loan. You may be out of pocket $100k and only have a $40k car to show for it. Great financial strategy right?

@mikegaribaldi 8 месяцев назад

Guys selling insurance love IB

@BetterWealth 8 месяцев назад

I try to do my best to be objective. I appreciate your insights on this.

@MichaelCarpio-vd1dh 6 месяцев назад

why would you leverage money to get your daughter's braces or a fancy watch? It contradicts what you said about getting a higher rate of return on a potential investment if you do the infinite banking concept? Is whole life insurance still a "viable investment" for someone who isn't entrepreneurial? In your other videos, whole life insurance policies cannot beat the stock market return.

@AndrewOborny 9 месяцев назад

Idk how you can even compare term and whole life at all. Term is so stupid cheap. For a 30yr term at 1.5mil. I pay $26k over the course of the 30yr term.

@MotorCityEastSide 10 месяцев назад

Can I use this strategy if I am 64 years old and still working full time? Could I set up an account for my daughter? Thanks

@BetterWealth 9 месяцев назад

Like all situations, I can't say outright without knowing more about you and I honestly don't believe this is for everyone. Outside of that, the answer is yes. We have clients older than yourself just starting and who create policies for their children and other family members. Feel free to book a complimentary call with one of our life insurance experts and they'd be happy to look at your situation - bttr.ly/aaclarity

@soto7774 10 месяцев назад

I’m gonna have to watch this a few times…..I have 1.5m life insurance and IUL but don’t know how to use it 😅 😂

@BetterWealth 10 месяцев назад

Feel free to give us a call if you’d like help figuring that out! bttr.ly/aaclarity Or email me at caleb@betterwealth.com.

@macleandanso4890 10 месяцев назад

How do you compare amortized loan (car loan from the bank )vs simple interest loan (car loan from the insurance company)? You loose control if you take a loan from the bank because it will show on your credit score, and that limit your borrowing capacity, and it is a structured loan. Where is the control you are talking if you borrow from the bank vs the insurance company? when you borrow from the insurance company, it does not show on your credit score, it is a simple interest so anytime you make a loan payment, most of it go into the principal vs amortized loan which is front loaded with interest payments. Again, bank loans are callable - they can call for their money when you least expected. Don't do business with the banks if you can.

@Fred2-123 8 месяцев назад

@macleandanso4890 You do not understand how interest works. Car loans *are* simple interest, just like insurance loan. Current principal balance times APR/12. Not all bank loans are callable.

@Rshen11 2 месяца назад

You lose all your cash you put in when you buy and sell anything.. you buy something for $1 and sell it for 5.. you lost the one dollar and make 4... 200k on a million dollar house.. you sell it for million.. you lost your 200k.. and make 800k..

@OGJOEL21 10 месяцев назад

Where i can buy your book 📖 ?

@BetterWealth 10 месяцев назад

Here! www.andasset.com/book?r_done=1

@shawnbender1045 7 месяцев назад

can one borrow more than they put in??

@BetterWealth 7 месяцев назад

There's something called a Break Even Point in a whole life insurance policy which simply means your cash value has compounded to a greater amount than the money you put in. So yes, at that point you can borrow against a greater amount of money than what you put in. The break-even point can vary depending on how your policy is set up but this is one of the areas we specialize in to reach a way earlier Break Even Point than typical whole life policy designs. Hope this helps!

@leonpatenaude89 4 месяца назад

How does a person reach the break even point faster?

@jasonkeigley6424 8 месяцев назад

I CALLED BETTERWEALTH A COUPLE MONTHS AGO AND THEY SAID CALEB IS NOT TAKING ANY CLIENTS.

@BetterWealth 8 месяцев назад

Hi Jason, Thanks so much for calling. We have an amazing team and we work as a team. We are very much open to serving people and our clients and actually our clients get a better service experience because of our team approach 🙏.

@johnfromthegrove3206 6 месяцев назад

Do I have to be debt free to start IBC?

@scheby5348 6 месяцев назад

No, it is actually use to get out of debt.

@sPGgwUxYrSd7Cf5H 10 месяцев назад

$125k/year? Yikes! How does an average person afford a policy like that…? Home body is a little too flashy for my taste.

@gabriellovesAmerica777 2 месяца назад

Eliminating God out .

@davebrown7009 10 месяцев назад

What if the insurance company goes bankrupt?

@BetterWealth 10 месяцев назад

Great question! Short answer is there is state insurance program that acts kinda like the FDIC. What would most likely happen before that is about her insurance company would buy it. With all that said these mutual whole life Insurance companies are super solid when it comes to cash reserves, they have dollar for dollar reserves far greater then their financial liability and ratings and would be one of the very last institutions to fall. Compared to any bank these insurance companies are crazy solid. Will make a video about this soon!

@hellblast100 10 месяцев назад

Can we get a list of the best mutually owned insurance companies to start a Whole Life policy with?

@BetterWealth 10 месяцев назад

This is a good list of companies we use for our clients with whole life insurance and infinite banking! It’s made by my colleague Dom - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-B4ykGTzreJs.html

@kylewasyliw 8 месяцев назад

The random CC is anoying as hell bro

@BetterWealth 8 месяцев назад

Appreciate your feedback on this 👍

@bradboyd395 10 месяцев назад

IBC is absurdly overhyped. Does it help? Sure... but very much at the margin. It helps combine a few nice features... tax-free money market fund + loans + life insurance. Terrific. but thats about it. Stop making videos about this subject. A reasonable person should get the IBC concept in 5 mins, set it up a plan, use it and move on. Spend time on sensible ways to save money and thoughtful investment opportunities. That is what will create and compound wealth. IBC has created this bizarre cottage industry of click bait videos. Best thing about this is the title, "Last video you'll need on IBC". Let's all hope.

@user-pc5dk7nn4y 10 месяцев назад

Caleb uses way too many words when he's describing it. I've listened to him for a long time, but man, I can listen to Devin all day long, but Caleb after awhile, I have to shut off because he just has a caviat for every single part of of what he happens to be talking about.

@BetterWealth 10 месяцев назад

Thanks for the feedback!

@joelparish3851 8 месяцев назад

It’s great for the insurance company and the salesperson. Not great for you. They keep trying different ways to polish a turd. It’s still a turd.

@BetterWealth 8 месяцев назад

Would you be interested in coming on my show and having a discussion on why you think that?

@tylerrainey3305 3 месяца назад

Actually not good for either, which is why insurers really don't lke it and brokers and agents don't sell it.

@Bobventk 2 месяца назад

It’s actually not THAT great for the salesperson. You cook the death benefit so much is kills the commission too. I don’t do IBC but this idea that they pay massive commissions is largely wrong

@stangeorge3534 3 месяца назад

This sounds like a bunch of nonsense

@BetterWealth 3 месяца назад

Appreciate you taking time to watch and comment. What we are talking about is not for everyone

@bchristopher2270 8 месяцев назад

Whole life is such a scam.

@BetterWealth 8 месяцев назад

Would you be interested in coming on my show and having a discussion on why you think that?

@afssurf Месяц назад

😂😂😂😂😂edging God out😅😅😅😅😅😅😅😅😅 I was all in until you talking religiously,, -dude, god and finances don’t go together, I’m Christian, so God isn’t my complaint at all ,,,, Both of you , please 🙏 contact me so we can discuss further …….i want help asap ❤❤❤

@oridona2746 10 месяцев назад

You guys need crypto, not life insurance lmaooo

@BetterWealth 10 месяцев назад

How about both?

@Mr_brrrr 10 месяцев назад

I have crypto... But guess how I bought it. I used a life insurance policy!!! You see EVERY dollar you put into the policy is GUARANTEED to grow TAX FREE!! Then I can borrow against it and invest into whatever I want! So, if invest in crypto and make money... I'm making money in TWO places are the exact same time instead of just making money in crypto... Does that make sense?

@markf.2050 10 месяцев назад

@@Mr_brrrr No, that doesn't make sense! A cash value is just a horrible way to create a source of capital. (How long does it take just to break even?) You can practice "infinite banking" with any source of capital that you own, even your savings account. Remember, YOU have to fund that source of capital BEFORE you can start to take loans. You don't own that cash value. That's why you pay back loans with interest and lose 100% of it when you die. Oh, I haven't forgotten about the death benefit. What if you're already wealthy and don't need one? IBC makes you pay for it anyway. If you do need one, you'd be much better off simply getting a multi year term policy. That's what you buy for auto policies right? Would you pay a 6 month auto premium of $7000 if they offered whole auto insurance with a cash value? No? Then why is it a good idea for whole life?