Thank you to all who joined! Here's the replay: https://fathom.video/share/pah5EmHDvDX_hyWt-ayULs4s_xicx3_k If you missed it, todays discussion was around IBC pricinples and introducing hybrid long-term care insurance. Key Takeaways - Prioritize IBC Principles over Numbers: Focus on IBC's core principles (control, optionality) before getting lost in complex illustrations, which can be misleading. - Address the LTC Blind Spot: Long-term care (LTC) is a major financial risk, with a 70% probability of need. It's a critical blind spot for many, including those with military benefits. - Leverage Hybrid LTC for Asset Protection: Hybrid LTC products like OneAmerica's Asset Care solve the "use it or lose it" problem of traditional LTC by providing a death benefit or return of premium if care is not needed. - Integrate Hybrid LTC with IBC: Hybrid LTC complements an IBC system by protecting the main cash value from being liquidated to cover care costs, thus preserving the long-term wealth-building strategy. Watch the full recording here! https://fathom.video/share/pah5EmHDvDX_hyWt-ayULs4s_xicx3_k

I was just told that someone in my network surrendered their policy....🙁 Here's why that's upsetting. They didn't know they had options. That simple and that sad. Didn't talk to a professional. Isn't in this group. Just...let it go. There are probably a dozen ways to keep the policy in force and keep building the most valuable asset out there right now. ASK FOR HELP IF YOU ARE STRAPPED FOR CASH. Reach out to @David Befort or @Paul Fugere THAT'S WHAT THIS GROUP IS FOR. That's all I got. You can do this. fight the good fight. "Put your hand to the plow". And you will be successful.

This past April I was able to launch another business called Emafini Mountain Lodge. Emafini Mountain Lodge is a DBHDS-licensed, ARTS-enrolled ASAM Level 3.1 clinically managed low-intensity residential program in Willis, Virginia, serving adult men with substance use disorders, with ASAM Level 2.5 partial hospitalization (outpatient) coming soon. Currently an 8-bed facility we are in the process of adding six more beds, a 75% increase in capacity. What made this possible? A few things. First and foremost, the right mix of people. One partner is the clinical director with 20+ years of experience in this space and has all of the required credentials. The other partner is the driving force behind preparing and expanding the facility's capacity. The last partner, me, was the money. Lots of my friends who practice IBC also do private money lending. In fact, I introduced them to this concept which was completely foreign to all of us at one point not too long ago. Capital attracts opportunity. Experience tells us if an opportunity is safe and worthwhile. This week, the business made the first interest payments to the lenders (all of whom practice IBC) who are earning 12% interest only for 24 months and who will receive an additional 3% exist bonus. We have 8 paying beds, soon to be 14, and then rapidly adding an additional 10 beds by next summer. IBC made this possible. Without good quality capital access, this would have been a dream about what could have been. Also, somebody in our Skool community built this website for us: https://emafini.com

I have been looking at IBC for a few years now. I listened to becoming your own banker driving back from North Carolina back to Wisconsin and have been listening to podcast. I am a Military retiree servicing 23 years in the Marine Corps and Wisconsin Army National Guard in the AGR Program. We own rental property and a Home inspection business.

Just finished my second go around with BYOB. Having a hard time wrapping my mind around the figures Nash is utilizing in purchasing your own equipment/financing the needs of life. Don’t get me wrong here. I get that my policy grows uninterrupted in the background. That’s not my hang up. In ‘Equipment Financing, Illustrations 1-5’, I’m not getting his math the second time around. Hypothetical, take out a $40,000 car loan. Just for the sake here, we will say I can get 7% at my credit union for 60 months. A policy loan would be roughly the same for arguement here. My basic understanding would be that from the credit union my payment would be $792/mo. To not steal the peas, I take a policy loan, and pay at least $792 back to my policy. Let’s call it $800. My hang up is this: How does Nash get to these tables (p 54, 59-64?) I’m paying back 7% to the life insurance company on the policy loan. Does this only work if I’m putting MORE than I would pay to my credit union into paying back my policy loan? (Say, $1,000/mo?) What did I miss in my two readings to make the numbers work the way he demonstrates?