54 episodes

The Infinite Banking Concept® (IBC) is privatized banking, using the cash value of a whole life insurance policy as the platform.

Your hosts, John Montoya and John Perrings, are authorized IBC practitioners with the Nelson Nash Institute, dedicated to educating consumers about Infinite Banking.

Listening to this podcast, you'll learn about life insurance, cash value, dividends, policy loans, policy design, and more. Most importantly, you'll learn how IBC puts you back in control of your money so you can keep it, grow it, and pass it on without taking any of the unnecessary risks that you otherwise get when you listen and follow the mainstream advice about personal finance.

The podcast title, "The Fifth Edition," is a tribute to the final print edition of Nelson Nash's book, "Becoming Your Own Banker," before his passing in 2019.

The Fifth Edition podcast is our way to carry on Nelson's mission by explaining The Infinite Banking Concept® in simple terms so that you can make it real in your life!

The Fifth Edition by Infinite Banking Authorized Practitioners John Montoya, John D. Perrings

    • Education
    • 4.8 • 30 Ratings

The Infinite Banking Concept® (IBC) is privatized banking, using the cash value of a whole life insurance policy as the platform.

Your hosts, John Montoya and John Perrings, are authorized IBC practitioners with the Nelson Nash Institute, dedicated to educating consumers about Infinite Banking.

Listening to this podcast, you'll learn about life insurance, cash value, dividends, policy loans, policy design, and more. Most importantly, you'll learn how IBC puts you back in control of your money so you can keep it, grow it, and pass it on without taking any of the unnecessary risks that you otherwise get when you listen and follow the mainstream advice about personal finance.

The podcast title, "The Fifth Edition," is a tribute to the final print edition of Nelson Nash's book, "Becoming Your Own Banker," before his passing in 2019.

The Fifth Edition podcast is our way to carry on Nelson's mission by explaining The Infinite Banking Concept® in simple terms so that you can make it real in your life!

    Do the Financial Rules Still Apply?

    Do the Financial Rules Still Apply?

    When you’re making financial decisions for yourself, you need to be aware of the economic landscape around you. However, this can be difficult to do given how quickly and often things can change.
    This week, we tackle a listener question:
    “Will the traditional rules of finance hold strong or will the rules change in the next 40 years?”
    Tune in to hear John and John break down what the “rules” actually are. They show you what’s behind the curtain and who is really pulling the strings – but they also reveal how these “traditional rules” become so widespread and accepted.
    Episode Outline:● (0:17) - Listener question, the guys consider “the rules we have right now
    ● (3:48) - Start of Part 1: What are the traditional rules of finance, what are the assumptions people have
    ● (6:07) - Investing and saving, how one can harm the other when you’re wealth building or preparing for retirement
    ● (12:01) - Rules, restrictions, limitations of custodial accounts (401ks, IRAs)
    ● (17:34) - Issues with “being safe” and keeping your money as liquid as possible, inflation, money supply and where the banks and the government fit in
    ● (23:41) - Mainstream opinions and where they can take you
    ● (26:18) - Start of Part 2: The principles of personal finance that DON’T change, “traditional vs. typical”
    ● (29:14) - The importance of contractual guarantees, how IBC grows and protects your money
    ● (31:40) - The one type of rate of return nobody talks about - but IBC gives you
    About your hosts:Hosts John Perrings and John Montoya are dedicated to spreading the word about The Infinite Banking Concept® so you can discover for yourself how you and your loved ones can benefit with a virtual streamlined process that will take you from IBC novice to sharing the strategy with friends and family... even the skeptics!
    John Montoya is the founder of JLM Wealth Strategies, began his career in financial services in 1998 and is both an Authorized IBC® and Bank on Yourself® professional licensed nationwide.
    John Perrings started StackedLife Financial Strategies after a 20-year career in the startup world of Silicon Valley where he specialized in data center real estate, finance, and construction. John is an Authorized Infinite Banking® professional and works nationwide.
    Connect with us and get at www.TheFifthEdition.com where you can find additional resources and schedule a no-obligation consultation to see how IBC could work in your life.

    • 42 min
    IBC and the Financial Art of War

    IBC and the Financial Art of War

    Join us in this episode as we discuss how your finances are like training for a battle.
    It's common to use sports-based analogies like "offense and defense" when it comes to money but the typical mainstream financial plan often has tactical disadvantages on both ends from inadequate protection to chasing rates of return in risky investments that underperform.
    When it comes to our financial future, we should train like we're going to war. This is where the Infinite Banking Concept provides the financial principles for tactical advantages for life long success.
    Have a listen and let us know what you think at: https://www.thefifthedition.com/53 (https://www.thefifthedition.com/53)

    • 20 min
    An IBC Retirement Strategy

    An IBC Retirement Strategy

    Join us for our first video podcast where we do a full presentation on an IBC Retirement Strategy!
    Overview:
    You can almost draw a line in the sand separating the time before and after discovering The Infinite Banking Concept®.
    As such, your financial lives become divided in two:
    All of the possible future decisions that can be made through the implementation of IBC.
    All of the past decisions that were already made prior to discovering IBC.

    Decisions made in the past were made with your best thinking at the time. They now, however, may seem suboptimal, learning what we know about IBC.
    Whole life insurance is an asset that gives us the unique ability to make our future *and* past decisions work even better than we hoped - at the same time.
    Be sure to check out the presentation at https://www.thefifthedition.com/52 (https://www.thefifthedition.com/52)

    • 44 min
    How To Avoid IBC Amnesia

    How To Avoid IBC Amnesia

    Whether you're new to Infinite Banking or perhaps you started years ago, it's crucial you avoid the onset of IBC amnesia. In this episode we discuss how to self-diagnose if you've developed IBC amnesia and the steps to follow so you can take advantage of the capital you're creating in your IBC policies to build your wealth.
    We hope you enjoy this episode and if you have questions about getting started with Infinite Banking, please connect with us at www.TheFifthEdition.com.

    • 20 min
    IBC and Breaking Bad

    IBC and Breaking Bad

    Welcome to episode 50 where John and I have some fun and go a bit off topic to discuss one of the best TV shows of all time. You'll learn how with just a little bit of sound financial planning our favorite character, Walter White, could have left his family the legacy he actually intended.
    Instead he became the infamous Heisenberg that led to so much societal mayhem and an epic fall from grace over 5 seasons of the best character arc ever created. The lesson here: the financial choices you make (or don't make) have consequences. We hope you enjoy the episode!
    To connect with us about Infinite Banking or even your favorite TV show, you'll find us at www.TheFifthEdition.com. Thank you for listening!

    • 9 min
    The Moral Case For IBC

    The Moral Case For IBC

    In previous episodes we've explained the strategy, covered the benefits, and highlighted best practices, but in this episode we are going to challenge you to ask if the financial decisions you make are morally the best you can make for yourself, your family, and society.
    Take a listen and hear what we have to say about the moral case for IBC and why you should practice Infinite Banking. After all, truth is the end of all inquiry.
    If you have questions about Infinite Banking, be sure to connect with an IBC practitioner. You can connect with the hosts at www.TheFifthEdition.com.

    • 20 min

Customer Reviews

4.8 out of 5
30 Ratings

30 Ratings

Texaszman1 ,

Concise and very informational

Just started listening to this podcast on infinite banking. These guys do a good job of being short, to the point, and make it very down to earth for the layman. Most infinite banking podcast are an hour long and give you about 10 minutes of good info.

$I-I/-\WI\I ,

Excellent Information

After reading Becoming Your Own Banker by Nelson Nash, I was hungry for more information on the topic. The Fifth Edition was my answer, and the two John’s have provided a great resource to better understand IBC and to look at current financial affairs through an IBC lens. Great content, keep up the good work!

David Succede from Banks ,

Wealth of knowledge

These guys take something that may seem complicated to an every day person like me and simplify it to the point where it clicks! I have realized so many other channels of financial value in my life since listening. I’d recommend setting up a consult with them as well, very knowledgeable and down to earth guys. Thanks!

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