Visit our website:

https://www.thewealthwarehousepodcast.com/

This week on Wealth Warehouse, Dave and Paul break down the high-profile lawsuit NASCAR star Kyle Busch filed against Pacific Life after allegedly losing $8.5M in an indexed universal life (IUL) policy.

They unpack why they’re not surprised, how IULs actually work under the hood and why those glossy “tax-free retirement” illustrations can fall apart in the real world. If you’ve ever wondered whether IUL belongs in an Infinite Banking strategy, or as “permanent” life insurance at all, this one’s for you.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:

0:00 - Intro

1:10 - Episode beginning

4:18 - Kyle Busch’s lawsuit

12:25 - Nelson Nash’s thoughts on Universal Life

15:17 - Universal Life and why it doesn’t work

18:56 - Life insurance retirement plans (LIRPs)

23:09 - Home ownership and the next generation

25:09 - Bottom line on IULs

33:31 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

Visit our website:

https://www.thewealthwarehousepodcast.com/

Part two with pilot/IBC pro Travis Fairbairn digs into the big question: “I’ve got cash value, now what?”

We break down a simple, repeatable way to turn whole life policy cash value into predictable cash flow using amortized notes through a low-risk co-lending club. Travis shows how the strategy repays your policy loan (plus interest), compounds as you recycle dollars, when it makes sense to add another policy, and how even ~$500/month in savings can start with ~$2,500 notes.

We also talk about real uses and why banks start treating you like a partner when you control the banking function.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

To learn more about Travis's note stacking program you can email info@kindling.network or fill out the form at this link:

https://links.30wconsulting.com/widget/form/yjnxHKSATOK4geqcuFbI

Wealth Warehouse is not affiliated with the notes program and does not offer investment advice or recommendations. To learn more about Travis's note stacking program you can email info@kindling.network or fill out the form at this link:

https://links.30wconsulting.com/widget/form/yjnxHKSATOK4geqcuFbI

Episode Highlights:

0:00 - Intro

0:56 - Episode beginning

3:44 - Natural expansion

5:38 - Who can participate?

11:53 - Being a partner with banks

15:13 - “This is about banking”

17:48 - How Paul uses his notes

19:17 - This method gives you options

21:16 - How you can find out more

22:42 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

Visit our website:

https://www.thewealthwarehousepodcast.com/

Travis Fairbairn joins Dave and Paul for a fun, super practical chat on Infinite Banking. He details his journey as a corporate jet pilot and how he found IBC, put it to work, and started “stacking notes” to turn policy loans into predictable cash flow.

You’ll hear the story behind it, why using a dollar in more than one place clicked for him, and how he funds big purchases and even premiums through his system.

If you’re IBC-curious or already running policies and want ideas to put cash value to work without losing liquidity, this one’s your lane. Subscribe and come back next week for Part 2!

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

To learn more about Travis's note stacking program you can email info@kindling.network or fill out the form at this link:

https://links.30wconsulting.com/widget/form/yjnxHKSATOK4geqcuFb

Wealth Warehouse is not affiliated with the notes program and does not offer investment advice or recommendations. To learn more about Travis's note stacking program you can email info@kindling.network or fill out the form at this link:

https://links.30wconsulting.com/widget/form/yjnxHKSATOK4geqcuFbI

Episode Highlights:

0:00 - Intro + why Travis is here

1:19 - Meet Travis (pilot, client, IBC user)

3:30 - Life flying Gulfstreams/private jets

5:31 - How he discovered Infinite Banking

8:03 - “Use a dollar in two places” lightbulb

14:13 - Note stacking 101 (policy loans → cash flow)

18:58 - Using notes to fund big purchases

20:11 - Paying annual premiums via policy loans

22:05 - Adding policy #2 and sizing strategy

23:10 - Why he liquidated his 401(k) + lessons learned

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

Visit our website:

https://www.thewealthwarehousepodcast.com/

Dave and Paul open the vault on how they actually put cash value to work.

Join other Infinite Banking practitioners as they discuss how they look for low risk, repeatable opportunities that fit an IBC plan, and why a simple amortized note can create steady cash flow that helps retire policy loans faster.

Additionally, Dave, Paul and co. walk through using policy loans with intention, keeping repayments flexible, and sequencing a windfall or savings into premiums without losing liquidity.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:

0:00 - Episode beginning and introduction

3:28 - Deal filter: risk, consistency, repayment

6:15 - What the “note” is, terms and break-even

10:57 - Option 1 recap

11:57 - Option 2

13:38 - Second note

15:16 - Third note

17:50 - Option 3

22:59 - Taxes: interest front-loaded on amortization

28:34 - $100k example → ~$2,100/mo; start Policy B

30:28 - Repayment tactics

44:36 - Keep an emergency buffer; $2,500 min to start

58:29 - The math most miss

1:04:40 - Wrap-up + next steps

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

Visit our website:

https://www.thewealthwarehousepodcast.com/

Dave and Paul go back to basics on human life value (HLV), and why most families are dramatically underinsured.

They contrast needs-based planning with an HLV approach, share Nelson Nash’s page-24 insight from Becoming Your Own Banker, and explain how to reach full coverage using a blend of whole life and convertible term.

You’ll hear simple rules of thumb, real client stories, why death benefits should track your rising “stock,” and the question that reframes everything: “What does my family deserve?”.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:

00:00 - Episode beginning

00:18 - “Porsche vs. Toyota” analogy

01:00 - Show open + Germany check-in

03:32 - Nelson Nash p.24; IBC framing & defining HLV

06:34 - Needs-based planning vs. HLV; most people underinsured

13:48 - Simple HLV math (income × years to ~70)

15:26 - Strategy: whole life + convertible term; adjust after raises

20:48 - Mindset: “What does my family deserve?”; runway reality

25:10 - Back to IBC: solve financing → coverage follows

29:22 - Episode wrap up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

Visit our website:

https://www.thewealthwarehousepodcast.com/

Dave and Paul tackle a common stall-out point: starting IBC with one whole life policy and never building the system Nelson Nash intended.

They cover when to add policies (spouse/kids/your increased income), how to plan expansions using convertible term, what to do with windfalls, and why loans and investments should originate from and return to your policy ecosystem.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:

0:00 - Episode beginning

3:31 - IBC = a system, not one policy

4:26 - Life changes → expand (income/spouse/kids)

6:52 - Case study: don’t cancel; CV > premium

9:00 - Keep mature policies; avoid 1035 “churn”

11:30 - Remember your why: capitalize & control

12:31 - 20 years + a system; “accommodate all income”

13:36 - How to expand (small adds, spouse/kids)

15:03 - Kids’ policies & compounding

16:25 - Future-proof with convertible term & HLV

19:12 - Windfalls → premium/loans/new premium

20:55 - Policies as your emergency fund (liquidity)

22:14 - Beneficiaries beat probate — update yearly

25:03 - Investments start & return to your system

28:22 - IBC is ongoing; control your capital

29:55 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com

Visit our website:

https://www.thewealthwarehousepodcast.com/

New policy in force, now what?

Dave and Paul walk through the first moves after your IBC policy goes active. From “slow your roll” capitalizing, to trading out high-interest debt, to building an emergency reserve inside your system, they map a practical sequence so you don’t chase loans just to “do something.”

They also cover spotting real opportunities (and avoiding FOMO), expanding your system with additional policies, redirecting cash flow, and a quick primer on smarter ways to think about 529 plans.

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:



0:00 – Teaser

1:16 – Delayed start & plumbing mishap

4:08 – One policy to start; why “now what?” is normal

5:32 – “Slow your roll”: capitalizing and building liquidity

6:21 – Loans don’t add value by themselves

7:06 – Trade out high-interest debt; snowball/“velocity banking”

7:51 – Trend: eagerness to borrow vs. proper capitalization

10:30 – Which debt first? Amortization vs. smallest balance

11:59 – Freeing monthly cash flow with the snowball

12:54 – Look for opportunities without rushing; be choosy

17:25 – Cautionary tales: real estate pitches & protecting capital

18:22 – More policies over time: expanding the system

22:05 – The 95/5 rule: focus on earning more, not just cutting

25:45 – Kids’ policies: small premiums, long runway

26:41 – Premiums vs income, lifestyle creep, staying responsible

28:48 – Recap: capitalize → redirect → seek opportunities → expand

29:30 – 529s: usage today vs. assumptions about tomorrow

32:20 – CTA: email, reviews, and sharing

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

...

Visit our website:

https://www.thewealthwarehousepodcast.com/

Fresh off the annual South Dakota pheasant trip, Dave and Paul unpack how time in the field mirrors smart money habits.

From planning that survives “first contact,” to keeping dry powder ready so you can seize opportunities, to teaching kids stewardship and building legacy, this episode ties hunting camp lessons directly to the Infinite Banking Concept (IBC).

Expect talk on independence, autonomy, privacy, patience & timing, and why liquidity you control beats balances that just “look good on paper.”

Becoming Your Own Banker by Nelson Nash:

https://infinitebanking.org/product/becoming-your-own-banker/ref/46/

Episode Highlights:

0:00 - Teaser & open

2:17 - The crew: annual trip, fellowship, and why like-minded matters

3:38 - How the hunt parallels IBC

4:52 - Healthy disagreements (Bitcoin, moon landing) + shared values

6:22 - The common thread

7:00 - Independence, autonomy, privacy & healthy skepticism

8:39 - Legacy and making memories with your kids

9:31 - Planning meets reality

12:00 - Translating hiccups to IBC

13:16 - Patience & timing

14:23 - Loaded shotgun vs. locked-up 401(k) liquidity

15:53 - Fancy gear vs. dry powder

16:34 - Getting better each year = older policies perform better

17:24 - Stewardship and teaching the next generation

18:02 - Accessing capital without interrupting growth

22:02 - Save 30% rule: habits that build wealth

22:32 - Seeking independence from commercial banking

23:50 - Why IBC contributors may fuel less inflation

24:57 - Hunters’ autonomy as a money mindset

28:27 - Episode wrap-up

ABOUT YOUR HOSTS:

David Befort and Paul Fugere are the hosts of the Wealth Warehouse Podcast. David is the Founder/CEO of Max Performance Financial. He founded the company with the mission of educating people on the truths about money.

David's mission is to show you how you can control your own money, earn guarantees, grow it tax-free, and maintain penalty-free access to it to leverage for opportunities that will provide passive income for the rest of your life.

Paul, on the other hand, is an Active Duty U.S. Army officer who graduated from Norwich University in 2002 with a B.A. in History and again in 2012 with a M.A. in Diplomacy and International Terrorism. Paul met his wife Tammy at Norwich.

As a family, they enjoy boating, traveling, sports, hunting, automobiles, and are self-proclaimed food people.

Visit our website:

https://www.thewealthwarehousepodcast.com/

Catch up with David and Paul, visit the links below!

Website:

https://infinitebanking.org/agents/Fugere494

https://infinitebanking.org/agents/Befort399

LinkedIn:

https://www.linkedin.com/in/david-a-befort-jr-09663972/

https://www.linkedin.com/in/paul-fugere-762021b0/

Email:

davidandpaul@theibcguys.com