By far the most comprehensive video I’ve seen. THANK YOU!!!
@OregonCashFlowPro
3 жыл бұрын
🥰
@seestuff09
4 жыл бұрын
Thanks, best comparison I’ve seen that didn’t push one way or the other but based on the goal 👍
@OregonCashFlowPro
4 жыл бұрын
That’s how we roll here. 😁
@janndeguitos9115
4 жыл бұрын
Agreed a lot of videos lean one way or the other, but both can be good depending on the goals
@seestuff09
4 жыл бұрын
@@janndeguitos9115 Jann what a small world lol it's Chris, the Director from the office that helped with your RI
@janndeguitos9115
4 жыл бұрын
@@seestuff09 Hey Hey man! What a small world indeed 👌🏼👌🏼. Not surprised we land on the same page, just two guys looking to learn as much as they can!
@Gibsongtr1
2 жыл бұрын
I’ve watched so many of these videos looking for answers. I’ve asked so many experts and couldn’t get an answer. I found that answer here. You do an excellent job explaining. Ty so much. Interested in infinite banking and need to get setup.
@OregonCashFlowPro
2 жыл бұрын
Thank you. I’m glad I could help. If my Calendly link isn’t working you can just send me an email. Contact info is at my website www.Oregoncashflowpro.com
@pitalubelnatr3515
2 жыл бұрын
Wow, i love how you explain & breakdown all these things i was wondering about.
@OregonCashFlowPro
2 жыл бұрын
My pleasure 😊
@JoeC5050
4 жыл бұрын
Good info.... in case of IUL,, assuming max funded, can we take out loan after 2 years?.. Will surrender charges apply for taking loan?.. (I know cash value might be less in 2nd year)
@OregonCashFlowPro
4 жыл бұрын
Some IUL you can take out a loan in the first year. So, yes, loans are available in the second year. No surrender charges apply for taking loans, they only reduce the cash value available to borrow against. Though there are liquidity riders available with some carriers that disregard the surrender charges.
@johngturner
3 жыл бұрын
Enjoyed this. Thanks for the breakdown.
@luciamcentee3000
4 жыл бұрын
Thank you so much for your videos!for IUL, is it better to pay the premium spread trough out the year, or pay a chunk if you can? Thank you!
@OregonCashFlowPro
4 жыл бұрын
With whole life, you’re better to pay it all at once at the beginning of each policy anniversary. With IUL, I haven’t done the research yet. I plan to look into whether it’s better to have all in one segmenting period or spread out over 12 periods.
@theforce5191
3 жыл бұрын
From what I've researched. It's best to do monthly payments in IUL since you're gaining interest every month therefore dollar cost average can be applied. As opposed to every year you may be paying in a month where the market didn't do so well. Thats what I've been able to understand, feel free to correct me if need be.
@davepomplun1462
3 жыл бұрын
Very informative and well explained! I'm new to infinite banking/ whole life insurance. Trying to get as much accurate info., in order to make the best choice for my situation. Thank you for the video. Dave P. Southern California.
@OregonCashFlowPro
3 жыл бұрын
Happy to help. Feel free to ask any questions as you go through the videos.
@davepomplun1462
3 жыл бұрын
@@OregonCashFlowPro Thank you. I will.
@leavemealone874
2 жыл бұрын
You're amazing!! Thank you!
@OregonCashFlowPro
2 жыл бұрын
My pleasure 😊
@mr.lifemark
3 жыл бұрын
It would be interesting to see you discuss how permanent whole life insurance has been around for over 140 years and the fact that banks buy so much of it (BOLI) and never purchase any IUL life insurance as an “asset class.” The difference in waiver of premium riders - the definition of disability (own occupation) - and if the IUL product will simply pay for the mortality cost only, or the guideline premium if you become disabled after the waiting period for this benefit to kick in. How the internal mortality charges (cost of insurance) goes up each and every year in an IUL policy. How this increase in the cost of insurance is never accounted for - nor disclosed on the IUL policy illustrations that are being presented at the point of sale. Additionally, how the insurance carrier can increase their “current” mortality charges all the way up to the “guaranteed maximum” - and not have any legal obligation to inform the customer, nor the agent who sold the IUL, that this is being done internally on the customer’s policy. That there is no ability to do a “Reduced Paid-Up” option on any IUL life insurance product period - and your policy may in fact “implode” due to those increased mortality costs in later years.
@OregonCashFlowPro
3 жыл бұрын
That would be interesting. Thanks for weighing in. 😊
@samsciascia4004
2 жыл бұрын
Banks don't buy Whole Life they buy universal life for compliance issues.
@jhanelwilsonthesavvyrei6019
3 жыл бұрын
Yes thank you for the non bias review
@Skit145
Жыл бұрын
Do you have both WL and IUL life insurance, and what are the best companies' policies for each that you have worked for in your career.
@OregonCashFlowPro
Жыл бұрын
Yes, I own both. I’ve covered them all in videos, including what I consider the best companies with the best products. That would include Allianz, Guardian, PennMutual, and MassMutual.
@Skit145
Жыл бұрын
@@OregonCashFlowPro I have been learning a lot from your videos. I just transitioned into a new fade in my life. So I deep appreciation the information you're put out. Now it's time for me to stop being scared and take the first step.
@OregonCashFlowPro
Жыл бұрын
@@Skit145 awesome! Best of luck to you!
@tracylieu3211
4 жыл бұрын
Hi, I have a IUL for my daughter with level death benefit $ 200,000.00 for $1200/ yr premium open from 2013 at her age 6. I total paid premium $4800 and cash value is $1600, is this policy good potential cash value to growth or should I switch to WL for her. I need six more year to save for her college. Thanks.
@OregonCashFlowPro
4 жыл бұрын
We should talk. Too many questions about your current policy. If the design is decent and caps are good, then it could be ok to stick with it. Though the best use of these comes from overfunding it. Doesn’t sound like that’s happening or your cash value would be much higher by now, especially with the market performance since 2013.
@3plus6equals25
4 жыл бұрын
@@OregonCashFlowPro what would you recommend for a life insurance for a child future?
@OrangeVilla
3 жыл бұрын
Tracy, curious to know what you ended up doing with your daughter’s policy? I’m in similar situation with mine. Two years into a $1M IUL policy with $300 monthly premium and she’s going to college in 5 years. Thanks!
@tracylieu3211
3 жыл бұрын
@@OrangeVilla I want to build cash flow to support for her college but the first 5 yr are paid for fee, I don’t know if it is good plan
@OrangeVilla
3 жыл бұрын
@@tracylieu3211 I know. I’m just starting to learn about IUL myself and realized that I may have made a costly mistake by not understanding what I was buying before. Trying to course correct even though it may be too late already? So you haven’t done anything to the existing policy?
@fredozzie7032
2 жыл бұрын
Are you able to help design a policy for an individual who might be looking to get either iul or whole life as explained through video?
@OregonCashFlowPro
2 жыл бұрын
Absolutely. You can meet with me via zoom by scheduling via www.calendly.com/CashFlowPro
@edgonzalez186
4 жыл бұрын
Hello, I've just signed for my IUL...age 46 with limited income ti put in. I'm not in awe of the proyections , and planed to fully fund it for 25 years. At non-guaranteed 5.92%, with, base monthly premiums, it shows that I can take loans for such a short time. I can't create an ilustration with maximal funding cause it takes into account the whole sum of the premium, and not separating the additional ammount for the growth portion. I can practically double the premium without mec'ing. Would you go ahead?, or prefere to invest about $400 on another retirement supplemental income strategy?
@OregonCashFlowPro
4 жыл бұрын
Thanks for reaching out. Which carrier/product did you sign with?
@OregonCashFlowPro
4 жыл бұрын
Happy to look at it for you beginning of next week. I’m on my way out of town now. Go here and sign up for a 20 minute meeting if you’d like to chat specifics. www.calendly.com/CashFlowPro
@edgonzalez186
4 жыл бұрын
@@OregonCashFlowPro ok, i"lo get my data.
@d.e.m.p.s.e.y
2 жыл бұрын
Epic videos I'll be reaching out to discuss policies with you
@VuNguyen-mr6dr
3 жыл бұрын
I am 49 years old. I would like to talk to you life insurance, both whole life and Iul to see which one works out better for me and my family. Thank you!
@OregonCashFlowPro
3 жыл бұрын
Happy to help. You can get on my schedule here www.calendly.com/CashFlowPro
@wealthysoul4668
2 жыл бұрын
Do you have a print out of your tables you present in pdf?
@OregonCashFlowPro
2 жыл бұрын
No I just use Google sheets. It’s likely still in my Drive
@edwardmaina7011
3 жыл бұрын
Very good analysis!
@OregonCashFlowPro
3 жыл бұрын
Thank you 😊
@josecarcamo7332
2 жыл бұрын
Can I buy two separate policy for my self?
@OregonCashFlowPro
2 жыл бұрын
You can. You can buy as many as you want, theoretically. However, you’re limited by your overall insurable amount when you add all the death benefits of your policies together.
@sunleo5172
4 жыл бұрын
Hi! Great informative videos that I have been following. Can you give information, or video on MAXIMUM Funded IUL. Thanks
@OregonCashFlowPro
4 жыл бұрын
Great to see you in the livestream tonight. I hope I was able to address your questions. Feel free to schedule a meeting with me if you would like to get any specifics. www.calendly.com/CashFlowPro
@pablo08034
3 жыл бұрын
Insightful!
@w.h.3065
Жыл бұрын
Thank you. Great video. Why would anyone ever want an IUL? The cost keeps going up. You'll be getting charged a bunch in your retirement years, when you should be enjoying retirement. 🤔
@OregonCashFlowPro
Жыл бұрын
A properly designed and managed IUL can be amazing. See this video of mine about managing the expenses when you get older: IUL Part 4 - Indexed Universal Life Insurance: How to Manage the Expenses kzitem.info/news/bejne/pXeD2oGqcJSTZ6g
@Cartaboi55
3 жыл бұрын
What whole life solutions are you using with a 16% cap?
@OregonCashFlowPro
3 жыл бұрын
There are no whole life solutions that I’m aware of that offer 16% returns. At the time I made this video there were some higher IUL caps. Even now there are some index options out there that offer 16%+ for caps (not S & P 500.) Allianz offers a couple of uncapped options that I really like.
@finadvisors6680
4 жыл бұрын
Good attempt but not entirely true. There are various versions of IUL and they depends. For ex: Surrender charges are there in Whole Life as well and also the surrender charges in IUL can be avoided using Enhanced Liquidity Rider. You also missed the comparison of cost. Whole life is like a black box, not mention of how company will determine dividends or costs. IUL has a full disclosures of cost ledgers and indexes are pretty transparent with daily view. Some products even allow you to lock the index and growth rate. You also missed the huge section of cash loan in IUL vs Whole life. IUL loans are more favorable with potential of positive arbitrage. Overall, I don't think this was a apples to apple comparison. May be okay for education.
@finadvisors6680
4 жыл бұрын
Also, not to mention you missed the big U part of the IUL. Universal life brings lots of flexibility than whole life. DB, Premiums, and ability to skip few years or premium.
@OregonCashFlowPro
4 жыл бұрын
I’ll have to watch this again and see what I’ve missed. IUL is definitely more flexible in almost every area than even the best whole life policies. I’m a fan of both, so thanks for sharing your thoughts. The enhanced liquidity riders can be a good option for ensuring early cash value. As for the loans, I see similar options in both products. Mostly depends on which company you go with. The advantage of most IUL is the ability to change loan types while it’s in force. Lots of good points. Thanks. 😊
@samsciascia4004
2 жыл бұрын
@@finadvisors6680 So do WL, If I do a 10/90 split initially I only have to commit to the 10% but increase it when I want.
@yodhangzien
3 жыл бұрын
Hope my saving growth!!!
@maiseexiong932
4 жыл бұрын
Why IUL is risky to use for infinite banking?
@OregonCashFlowPro
4 жыл бұрын
Great question! I’ll address this in my next video this week.
@OregonCashFlowPro
4 жыл бұрын
I answer your question here: kzitem.info/news/bejne/kaeMlqCFs4xmgm0
@OregonCashFlowPro
3 жыл бұрын
@@geriproductions8154 IULs are not partial owners at all. They don’t participate in dividend payouts. Explain your statement as to what is misleading so I can understand your point.
@geriproductions8154
3 жыл бұрын
@@OregonCashFlowPro Sorry, I just meant to include policyholders as owners of a mutual insurance company. I didn’t mention dividends.
@OregonCashFlowPro
3 жыл бұрын
@@geriproductions8154 the only policyholders who are considered part owners are whole life policy owners. That’s why they get dividends. It’s a portion of the profits returned to the owners as a return of premium. IUL owners have the opportunity for growth, but they do not participate in the dividends.
@vet-x-fit2761
2 жыл бұрын
Anyone know about finfit? It's an IUL policy.
@OregonCashFlowPro
2 жыл бұрын
Doesn’t ring a bell. What carrier?
@vet-x-fit2761
2 жыл бұрын
John Hancock
@OregonCashFlowPro
2 жыл бұрын
@@vet-x-fit2761 ah ok. I haven’t given them much attention since it seems their best rates are offered by scoring health points that you can lose later on when the cost of the insurance is also going up due to age. Doesn’t make for good projections.
@vet-x-fit2761
2 жыл бұрын
@@OregonCashFlowPro thank you for the response. Are all IUL created equal?
@OregonCashFlowPro
2 жыл бұрын
@@vet-x-fit2761 definitely not. At the very least some can be designed with a reduced commission and others cannot.
@nicolasvines5266
3 жыл бұрын
At age 56 with a lump sum which would be best
@OregonCashFlowPro
3 жыл бұрын
There’s other factors to consider besides just having a lump sum. I see you signed up for a meeting with me. That’s the best way to go over it!
@Seccheus
Жыл бұрын
IULs have a guaranteed fixed rate.... So growth can be guaranteed
@OregonCashFlowPro
Жыл бұрын
Good point. In many IUL, the guaranteed fixed rate will not exceed the cost of insurance, meaning growth will not happen. I would say you can get a guaranteed credit using the fixed interest. There’s also some guaranteed bonuses now as well that will ensure some credit each year.
@Seccheus
Жыл бұрын
@@OregonCashFlowPro that depend on the structure of the policy and year. There will be growth in the beginning years as the cost of insurance goes up. By that time the Cash Value has grown and is able to offset the cost.
@OregonCashFlowPro
Жыл бұрын
@@Seccheus in most IUL, the fixed interest account is not enough to build. Realize some carriers only offer 2-2.5% for their fixed interest account. If your cash value grows well early, and you reduce the death benefit/switch to level, then it’s highly likely even those fixed accounts would outpace the expenses, but I wouldn’t count on the fixed interest account to grow an IUL. May as well just get a UL if that’s the plan. Better growth guarantees. Although that’s where I would prefer whole life.
@Seccheus
Жыл бұрын
@@OregonCashFlowPro some offer 4%.
@Seccheus
Жыл бұрын
The IRR of the Whole Life polices are not much better or the same as the fixed rates of the IULs.
Пікірлер: 93