All Forum Posts by: Brandon Beaudoin

I'll give some more context since the link isn't working.

I've been insurance licensed for 13 years, started my career at Mass Mutual, and have put in place thousands of policies for clients over the years. After Mass Mutual, I spent 10 years at Fidelity Investments, specializing in different areas of finance, including managing a team specializing in insurance planning. I then started my own virtual family office focused on helping real estate investors.

I have a Masters in Advanced Financial Life Planning, a CFP (Certified Financial Planner), CFT (Certified Financial Therapist), and am a candidate for both the EA and APFC. I teach aspiring financial planners at the graduate level at Golden Gate University and often hear this sort of sales pitch for IULs, Infinite Banking, etc.

Earlier today, the Institute for Fiduciary Standards gathered, and part of what was discussed was the negligence of the "infinite banking" community in not educating themselves on holistic financial planning and how they violate their fiduciary duty to clients.

I believe that @Thomas Rutkowski,@Brandon Beaudoin, and @Deb S. believe in what they're selling. I thought the same when I worked at Mass Mutual and had only been educated on insurance concepts from salespeople. As someone who doesn't work on commissions, charges flat fees and has no incentive to sell anyone anything, I like to offer a different viewpoint when I see these types of posts. Especially on BP where it could really hurt a RE investor. Brandon is amazed at how many people choose to ignore facts so let's cover a few that might help as you look into committing to a whole life insurance policy.

1. Cash Value Takes Time

Many IULs (Index Universal Life policies) may take 7–10 years before you can borrow a meaningful amount of cash value. This can be a big roadblock if you need funds sooner to secure deals.

2. Fees and Commissions

A large part of your early premiums may go toward commissions and policy fees. Over time, the cost of insurance, monthly charges, and surrender fees (which can last 10+ years) reduce how quickly your cash value grows.

3. Policy Loan Costs & Performance

You’ll still pay interest when borrowing against your policy. If the index underperforms—or if caps and participation rates limit returns—you might not get the growth you expected.

4. Other Funding Options

For most real estate investors, it’s worth comparing mortgages, HELOCs, or partnerships. These options can provide simpler and cheaper access to funds, especially if rapid property acquisitions are your main goal.

Life insurance is a powerful tool when used for the right reasons—like estate planning or key-person coverage. But if real estate investing is your priority, it’s important to consider all the costs and timelines before committing to an IUL. Hope this helps!

P.S. I know this will anger the infinite banking supporters on this thread. My intention is only to educate not to argue. I challenge you all to learn about some alternatives and have more tools in your toolbelt to help clients and the people you care about!

I'm not mad, most everything you said is (shockingly) incorrect and appears as though you actually don't know how IBC using high early cash value works. Pretty wild with all that "street cred" you just shared with us.

I've seen many of your posts.... almost all seem like virtual assistants and AI responses.

I think you may want to look over your facts again....

1 Vote

Lubbock, Texas

Quote from @Thomas Rutkowski:

@Josh St Laurent

Leveraging the cash value of a maximum over-funded policy absolutely makes sense for real estate investing. It allows the investor to put their money to work in two places at one time. This allows for greater wealth accumulation over time.

@Laura Higgs

Stay away from companies offering "systems". Just talk to an agent who specializes in maximum over-funded policies.

Absolutely makes sense. I'm amazed at how many people choose to ignore facts.....

1 Vote

Lubbock, Texas

Quote from @Laura Higgs:

I understand how it works. I'm trying to figure out if it would be worth it to start my own business or use someone else's service that is already established. Also, anyone who would recommend who they use? I've also been toying with the idea of changing my career path to insurance to learn more of the inside day to day of the business and maybe make some good contacts. Would love some sage advice. I have been considering Chris Naugle-anyone have experience with his company?

Hi Laura!

My wife's name, too :)

First and foremost, I am a licensed independent agent and I am an NNI Authorized Practitioner of the Infinite Banking Concept (profile is here: https://infinitebanking.org/agents/beaudoin763). I personally own 6 WL policies (2 on myself, 1 on wife, and 1 each for our kids) and have been practicing IBC now for over 3 years. Happy to assist you.

A couple questions in the meantime for clarification:

1. Are you looking to start a policy to then practice infinite banking?

2. When you say "start your own business" I assume you mean become an independent agent and then sell yourself a policy, correct?

3. What is the timeframe you're working within?

You'll get lots of people that tell you that it's not worth it or WL should only be used for one singular purpose because it's life insurance (ref @Josh St Laurent) but if you already understand the value and benefits of WL and infinite banking you are on a good heading. Stay it!

Reach out anytime. I love the product, the strategy, and helping others learn and leverage it's many benefits.

Best,

Brandon

0 Votes

Lubbock, Texas

Quote from @John Salcedo:

Any recommendations for institutions that can extend a line of credit backed by a whole life policy?

Thanks

Great question! Good to see people exploring their options for leveraging their cash values. Makes me truly happy to see people who understand some of the 'hidden' benefits of CVLI 👍💪👏

But, agree with @Thomas Rutkowski in that you'll be hard pressed to find CVLOC rates at present that beat policy loan rates. If you find a great rate from a bank below, say 6%, let us know.

Best wishes!

1 Vote

@Hunter Purnell

If you're open to other options you could offload a handful of your properties, apply for a high cash value whole life policy, max fund it and then do a couple things:

1. Take a policy loan against the cash value (5-6% current loan rates) in advance of the auction so cash is on-hand, purchase real estate, execute business plan on home, repay policy loan, and repeat. Your money is working for you in two places at once, you get insurance, and you can repeat the process with very competitive rates and flexibility (particularly for fix/flips).

2. Do same thing as number 1 above but get a Cash Value LOC (CVLOC) and do the same thing. Again, competitive rates (much more so than HM or HELOC) and still have your money working in two places at once.

We recommend #1 since we try to leave banks out of scenarios if they aren't absolutely needed but it is possible.

Just some thoughts if you decide to liquidate a couple properties and happen upon some cash.

Reach out if you have any questions.

Best wishes!

2 Votes

Fort Lauderdale, Florida

@Zachary Harr

Fellow Midwesterner (from Upper Peninsula of MI) and was also pretty low income. Amazing how that can have an impact on our drive, passion for learning, and resolve to be financially secure, huh?

I read your post and everyone else's here and not one person knows how much protection you currently have in place.

As someone who was accustomed to thinking (mostly) "offense only" I can unequivocally say that the best offense means nothing without good defense.

Offensively, you seem to be well positioned offensively.

It's hard to say what to do next because we only know how your offense is set up.

What happens to you or your wife's plans if either of you lose your high paying W2?

What happens if your home or investments are underinsured and you get sued?

What happens if your primary residence burns down?

What happens if your HYSA bank holding $400k goes insolvent?

Cars are owned but how are they insured?

Are you insured? Your wife? Your kids?

Permanently or temporarily?

Statistics on people's insurance coverage amounts shows that they are VASTLY underinsured. Just facts, not FUD.

Things to think about.

I know personally, and not just because I sell life insurance (gasp!) but because I also practice IBC, that I would be max funding a whole life policy NOW so I would be storing my cash in a more beneficial location than a HYSA, can leverage the money no questions asked for any future investments you might decide on YET still earn interest and likely dividends on the cash value, flexibile repayment terms, and protections on the backend for you and your loved ones.

Not to mention tax deferred growth and a future tax free income stream of dividends up to your basis.

Could also serve as a 529 equivalent (didn't see it above) for your children if you didn't put policies on them.

Without knowing all the details it's hard to say. Others bring up good points but my free cash goes towards my whole life policies FIRST because of all the present and future benefits it offers.

Happy to chat about it, get to know you and see if I can help you. Shoot me a message.

Best wishes and be blessed. Sounds like you're doing great, rooting for ya!

0 Votes

@Sam Ghi

The way to do infinite banking is with a mutual insurance company and securing max funded (ideally) whole life insurance policy(is). That is how the founder envisioned it and puts the lowest amount of risk on you and your capital.

If you understand the concept of using CDs and collateralizing them for low risk investments why would you not do the same thing (but far better) by leveraging whole life cash value that locks in a rate and earns dividends (highly likely) for life without all the risk of involving the banks....and getting all the other benefits whole life insurance provides, to boot?

The concept of infinite banking should, ideally, not be done with lending institutions. Doing so puts risks back onto you... unnecessarily.

Your head's kind of in the right place but your intentions could be much better served practicing IBC as it was intended to be practiced.

You're 10 months into this now and still haven't acted. What's stopping you?

I'm a licensed agent and practice IBC. If you'd like help let's jump on a call. Send me a message anytime.

Best wishes!

1 Vote

@Tony Ferreira

You have good options based on the limited amount I could gather based on your post.

Shot you a DM, please feel free to follow up if you'd like!

1 Vote

Fresno, California

@Sage Weiss

Infinite Banking is a strategy and methodology that leverages the amazing benefits (see below list) of dividend paying whole life insurance. The late R. Nelson Nash developed the concept in the early 80s but the product the concept utilizes has been around for much, much longer.

Since you brought up term insurance (which is temporary w/ no cash value accumulation or dividends), oftentimes a policy will be supplemented by term insurance in the form of a rider that allows one to increase their death benefit such that they can store more cash in their policy without triggering IRS MEC limits and therefore be subject to tax hits.

The concept and its value proposition is incredibly misunderstood (and sadly often abused) but the reality is it works. Let no financial advisor or planner tell you otherwise. And it's worked for generations and the wealthy for a very long time because mutual insurance companies understand the human lifecycle quite well (law of large numbers), they're well regulated, make safe and sound investments and in several cases have paid out dividends consecutively for over 150 years (Mass Mutual, Lafayette Life, etc). That alone is incredible!

It works incredibly well for real estate because it offers flexibility, liquidity, and allows you to make your dollars (cash value) more efficient by allowing them to work in two places at once (in the policy itself in participating policies by earning contractually guaranteed interest and dividends as well as in the investment you leverage your cash value for). No other product can allow one to do this (HELOCs are similar in a sense but have drawbacks and limitations that whole life does not).

I can tell you misunderstand the underlying mechanics of IBC yourself in how you mention credit (you're not alone!) but once a policy is in place and there is sufficient cash value then credit is of no concern and it's yours to leverage how you see fit.

As for the $20k that can absolutely be sufficient to flip a property or help flip a property. I know of a guy who flips in the Midwest and he can do quite a bit with $20k in his flips (he also owns a couple STRs like myself).

Hope this helps and see below 👇 for the benefits I mentioned above. If you want to talk more I'm a licensed agent and have a fantastic team of NNI certified Authorized IBC Practitioners behind me to support. We can educate and get you straightened out.

Benefits of whole life insurance include:

* Income Protection (Disability/Illness)

* Flexible Access to Cash

* Tax Advantages

* Stable and Guaranteed Growth

* Asset Protection

* Legacy and Wealth Transfer

* Uninterrupted Compound Growth

* Ability to Earn in Two Places at Once

* Inflation Hedge

* Dividend Potential

* Non-Correlation to Market

* Life Death Benefit Coverage

* Tax-Free Retirement Income Potential

2 Votes

Seattle, Washington

@Sage Weiss

Evening!

If you're maxed out on retirement accounts have you looked into cash value whole life insurance?

It's a great place to store your cash until you find the right opportunity that works for you plus all the other benefits it provides (not least of which is flexible terms and liquidity when you DO find somewhere to invest your money). And, of course, it doesn't stop compounding once you do deploy the capital for said deal/opportunity.

If you're not looking to buy real estate or do REITS (assuming LP syndications are a no-go?) then maybe you could do hard/private money lending? Or note investing? Those seem like avenues you could explore if you haven't already.

If you're interested in talking more about dividend paying whole life I'm happy to chat more with you on the topic.

Best wishes!

1 Vote

Seattle, Washington

All Forum Posts by: Brandon Beaudoin

Brandon Beaudoin has started 20 posts and replied 95 times.

Post: Infinite Banking-Starting your own or buy into someone else's company?

Post: Infinite Banking-Starting your own or buy into someone else's company?

Post: Infinite Banking-Starting your own or buy into someone else's company?

Post: Line of equity backed by Whole Life policy

Post: Rental Portfolio LOC

Post: Long Time Lurker, Introduction

Post: Exceptional Credit Score

Post: 10 year Retirement Plan (HENRY)

Post: What to do with extra cash?

Post: What to do with extra cash?