49 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 • 27 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!

    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
    IBC: How Much Premium Should You Pay?

    IBC: How Much Premium Should You Pay?

    A question we are often asked by new clients, just starting their IBC journey is "how much should I fund a policy?" Or "How much does it cost?"
    Whole life insurance, for the purposes of implementing the Infinite Banking Concept®, is about capitalizing (aka, storing cash).
    So the real question should be: "How much do you want to save?"
    When looked at in this way, we start to see that whole life insurance premiums are not a cost at all.
    Questions? Head over to https://www.thefifthedition.com/ (TheFifthEdition.com) where you can:
    Schedule a free, no-obligation consultation to better understand how IBC could work for you.
    Get access to the online course, Whole Life Insurance Fundamentals, with a 50% discount

    • 16 min
    Infinite Banking for Your Children

    Infinite Banking for Your Children

    In this episode we'll discuss the rules of thumb, pro's and con's, and other insights you ought to know if you're thinking about starting an Infinite Banking policy for your children. In the insurance world, these are called juvenile policies.
    And be sure to give Episode 21 "https://www.thefifthedition.com/who-should-you-insure-first/ (Who to Insure First)" another listen for additional context!
    As always, let us know what questions you have. The hosts of the show are IBC Authorized Practitioners and can be reached at www.TheFifthEdition.com.

    • 28 min
    Large Lump Sums of Cash with Infinite Banking®

    Large Lump Sums of Cash with Infinite Banking®

    We often talk to folks who will tell us they have a lump sum of money that they want to use to "start their IBC policy."
    How can we deal with large lump sums of cash with regards to The Infinite Banking Concept®?
    We can't deal with it like most of us are used to with typical financial accounts. Because life insurance is an actuarial product, we must have a strategy to deal with large lumps sums. The good news is that when we use IBC principles, it's even better than just depositing the money in an account.
    If this is something that has been on your mind, go to www.thefifthedition.com and schedule a free consultation.

    • 21 min
    Thinking About Taxes With IBC

    Thinking About Taxes With IBC

    In this episode we share some thoughts on taxes.
    In Becoming Your Own Banker, Nelson Nash likens the financial world to flying an airplane. "... you cannot fly an airplane through a vacuum. It must go through an environment!"
    If you ever travel by plane, you know that it takes longer to fly west than it does to fly east. This is because flying west, you are flying into a headwind. It takes around 20% longer to fly west than it does to fly east.
    In finance, all costs (now and in the future) create a financial headwind. And for most people taxes are the largest drag on our financial lives.
    Let's discuss!
    Resources mentioned in this episode:
    https://infinitebanking.org/banknotes/an-ibc-tax-strategy-part-i-2/ (An IBC® Tax Strategy Part 1)
    https://infinitebanking.org/banknotes/an-ibc-tax-strategy-part-ii/ (An IBC® Tax Strategy Part 2)
    https://infinitebanking.org/banknotes/an-ibc-tax-strategy-part-iii/ (An IBC® Tax Strategy Part 3)

    • 26 min
    Buying Real Estate With IBC

    Buying Real Estate With IBC

    Real estate investors, more than others, perhaps, have difficulty getting comfortable with the capitalization period of a whole life insurance policy.
    In this episode we break this down in detail and walk through a 30-year model of buying real estate with bank cash vs buying real estate using life insurance cash value.
    You can see a full video of this analysis at https://www.thefifthedition.com/44

    • 32 min

Customer Reviews

4.8 out of 5
27 Ratings

27 Ratings

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!

IBC Dave ,

No fluff, just useable info

These guys really get straight to the point and open my eyes a little more with each episode

John A, California ,

Everyone should be listing to this podcast!

John and John do a great job breaking down IBC into easily understandable parts. I stumbled across IBC 4 years ago and got my first policy in place with John Montoya. He was a great teacher of the concept and I am now “becoming my own banker”. Everyone needs to learn how to become their own banker in my opinion so that they can help take control of their financial future.

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