How To Max Fund Your IUL In 3 Years (without penalties, Management Fees Or Extra Savings!)

[@BlokFinance]

Finally someone who explained max funded and properly structured

[@WWIIPacificHistory]

You can use the term insurance rider to create a blended DB which greatly increases the MEC limits while NOT increasing the fees, commissions or surrender charges. Securian allows a 4 to 1 blend and Allianz allows a 10 to 1 blend with a minimum ‘base’ of 100k. So with Securian for example, you can design a policy with a 500k blended DB (100k base and 400k term rider) with MEC limits based on the 500k DB, but fees, commissions and surrender charges only based on the 100k base. That’s the most efficient design for cash accumulation!

[@brandonanthonyclark]

Absolutely! Securian and Allianz awesome. I recently just got a new policy from Securian and I was trying to decide between them and Allianz. I found Allianz to have more fees, but more index options to choose from, and Securian to have less fees, but less index options to choose from.

[@frankrothiz4u]

Question, so if I have $500K am I able to max fund it in 1 yr using the blended method and begin taking"loans" the next yr to supplement my retirement income tax free ?

[@laurenp6818]

Can you do a video for someone srarting in threir 50s on how the IUL would work

[@WWIIPacificHistory]

@@laurenp6818 Check out James Barber at Oregon Cash Flow Pro. He’s my personal agent and he’s awesome!

[@shatekahusser]

@@laurenp6818Depends on how much you’re willing to fund the policy with. 50’s requires a LOT more. Every year older would create a higher premium amount per mortality fees increasing in the policy. You may need to come with 5-figures to jump start the max-funding process. This is not advice since I don’t know your requirements, financials, or medical history.

[@BruceHurdle]

Great to see a person put so much thought into the content and delivery. Please add me to the schedule so we can discuss the details about my personal IUL policy and becoming an agent. I'm currently MPI certified, so this strategy makes sense. Especially considering your showing real illustrations, real life scenarios. Great Job!!! Let's spread the word!

[@GiriNaidu]

Excellent analysis and u r sales man for the job !! All my questions got answered! Lost job after 3 years was an eye opener for me !! Never thought I can leave behind 1 million to my kids with just 36000k investment!! Awesome 👏

[@jasonmeyer589]

Great video!! Brandon glad to see another advisor/agent structuring them this way for max cash value!!

[@jihanqsw]

POWERFUL INFORMATION!!! I think I'm getting a better understanding between this and your book.

[@brandonanthonyclark]

I appreciate you for the feedback! I'm happy to hear that the video and the book are providing clarity on maxfunded IUL and generational wealth strategies. Always here to help and guide. Let's secure that legacy!

[@olababs2048]

I have seen several of your videos and i have criticized some of your statements but that doesnt take away your knowledge about this products and i will like to say to you that i like how u explain things and how you make the product more attractive to buy into. If i hadnt got one myself i would have give u a call to sign me in. Great job bro!

[@makatt3994]

😊😊😊😊😊😊

[@brandonanthonyclark]

Thank you so much for your kind words! I really appreciate your honesty and the fact that you took the time to engage with my content, even when you had some critiques. My goal is always to share the knowledge I have in a clear and helpful way, so it means a lot to hear that you found the explanations valuable. It’s great to know you’re already covered, but if you ever have any questions or just want to chat more about the product, feel free to reach out. Thanks again, and I’m glad we could connect...keep thriving, bro!

[@jonsjostedt8052]

This is the best and most clear explanation of what Max funding means! Thank you!

[@brandonanthonyclark]

Thanks Jon! Glad you found it helpful💯🤝

[@ladawnemalone2955]

I have a policy that is not max funded. Is it too late for me to get a properly structured policy at the age of 62? I’m so upset because I wasted all this time thinking I had a properly structured IUL are there any options to get it changed?

[@toyourfinancialhealth]

You can do a 1035 exchange on your policy. So you trade in one policy for another (1035 exchange) and avoid any taxes due on gains earned. Keep in mind that your existing policy may have surrender charges in the first 10 years. So you have to consider the advantages/disadvantages of exchanging your policy. Some other things to consider would be that since you are older premiums for the same coverage would most likely be higher, if your health has changed your premiums may be higher, if you have outstanding policy loans ideally that should be paid back before exchanging. These are just a few things to consider. Hope that helps.

[@WWIIPacificHistory]

I would use option B for young people since the underlying chassis is annual renewable term which is pretty darn cheap all the way to age 65. That way you can continue to max fund it beyond just 7 years which option A sort of limits you to. Once you get into your later years, you can just switch from option B to A and lower the DB to the 7702 minimums to control the rising insurance costs. I’ve learned through personal experience (I have a 2014 IUL that is Option A that I REALLY wish was Option B as it’s now essentially closed to further funding) that it’s MUCH MUCH easier to later switch from option B to A than A to B. Going from option A to B later in the policy requires further underwriting and the associated fees as well as new commissions paid out to my agent. IMO Option A really only makes sense if you’re within 7 years of retirement.

[@brandonanthonyclark]

Thank you for your thoughtful comment and for sharing your personal experience with different IUL options. I appreciate the insights you've shared regarding the use of Option B for young people and the flexibility it offers in terms of policy funding and management. I understand and appreciate the points you've raised, as they were carefully considered when designing my own policy. My first policy was similar to what you described. It was an Option B increasing policy with minimum death benefit and the intention to later switch to a level option. However, after a thorough evaluation, I decided to proceed with a 1035 exchange for the policy that you see in this video. The reason for my decision comes from understanding that, regardless of age, the approach you suggest could indeed maximize retirement income after age 65. However, this requires extra policy administration. To maximize cash value, usually, the policy face amount is leveled and then dropped after the premium paying period. Missing these critical dates can significantly impact the policy's performance. Furthermore, if left unmanaged, this design could lead to premium force-outs, which might occur during or after income withdrawal from the policy. While these force-outs can help prevent the policy from becoming a Modified Endowment Contract (MEC), they could inadvertently result in taxable income. I chose my current policy design because it aligns with my short-term and long-term objectives of achieving high early cash value and optimal death benefit IRR, without the need for intensive management. Additionally, despite common beliefs, my policy design does not limit the amount of premium I can contribute, meaning I can max fund beyond 7 years without risking the policy becoming a MEC It's important to recognize that individual financial goals and management preferences vary greatly, which necessitates selecting a policy structure that best fits one's personal financial strategy. Your input is greatly valued, and I hope this explanation clarifies why I chose the current policy structure.

[@WWIIPacificHistory]

@@brandonanthonyclark I mostly agree and appreciate the thoughtfulness behind your reply. I slightly disagree, though, with the intensiveness needed to manage an Option B policy so it doesn’t lapse later in life. I know with Allianz that I can switch from Option B to A and lower the DB to the 7702 minimums all with just a single form that I only need to fill out once in my lifetime which I plan on doing around the time I reach 65 years old which is more than a decade away. As an aside, the IUL naysayers like to say that as you get older and the cost of the annual renewable term insurance substantially rises that IUL’s are destined to lapse and implode. Well I’ve done the math and since the 7702 minimums are based on a % above the cash value (the 7702 minimum at age 65 the DB needs to be 20% higher than the cash value and that drops to 5% at age 75 and then drops down to 0% at age 96 when the DB can equal the CV and there is no COI), if one switched to Option A and lowers the DB to the 7702 minimums, then the COI will NEVER go above 1% of the cash value on a yearly basis no matter how old one gets or what the indexes do or anything else. To me that’s analogous to your standard assets under management fee that most people pay in regular managed investment accounts and for that 1% ‘fee’ you are getting some ‘permanent’ life insurance protection. That’s a great deal IMO! BTW, I’m not an agent and I’m just an MD who now owns 11 IUL’s in my immediate family (Allianz and Securian) with several more still in underwriting. I love my families IUL’s and I consider them our best asset bar none!

[@brandonanthonyclark]

@@WWIIPacificHistory Your insight sounds like it comes from a seasoned financial professional rather than an MD. It's great to meet someone else who values IULs as much as I do. I've got 7 policies for my family and plan on more! You're spot on about Allianz simplifying the process. They are better than most when it comes to this. I wanted to share something interesting that I think you can appreciate. There's a key aspect of my policy design that I typically don't mention. I call it my "secret sauce" lol. It's often overlooked by insurance agents and financial advisors. Besides choosing a level death benefit, there are a few more nuances to my policy design that I picked up over time. For instance, it is standard practice within the industry for policies to be structured with an increasing death benefit, which is later switched to a level DB and reduced to the 7702 minimums. This strategy is used to optimize cash value and retirement income. However, once the death benefit is switched and lowered to the 7702 minimums, it typically means no more contributions to the policy. What if someone wanted the option to continue contributing premiums without starting a new policy or undergoing further underwriting, thus avoiding additional fees and commissions? In such a scenario, they'd need a policy design that accommodates continued contributions while maintaining its efficiency and avoiding the creation of a MEC. This is my approach to policy design, because I plan to reinvest any inheritance, such as life insurance payouts from a family member, into my existing policies, rather than starting a new one. This strategy, combined with funding my policy with other investment returns and strategically using policy loans, is designed to extend and enhance the total income I receive, and inheritance I leave. It's always great to exchange ideas with someone as knowledgeable as you. Keep up the great work with your family's financial planning!

[@WWIIPacificHistory]

@@brandonanthonyclark For my kids policies I designed them just for that purpose. I set them up with a blended 600k DB as under 18 with Allianz you can only do a 5 to 1 split DB with the term rider with a 100k minimum base DB. So the most efficient design is a 100k base with a 500k term rider for a total DB of 600k. With that design you get the MEC space based on the 600k DB, but your commissions and fees and surrender charges are only based on the 100k base. Since all of the insurance in an IUL is based on annual renewable term, designing it that way does not increase or decrease your COI as it would with whole life. There’s also no added rider fee for the term rider, but the COI is usually listed under the rider expense column so that can be somewhat confusing. With that design, their Guideline Level Premiums are around 30k per year. I’m currently only putting in 10k per year, but the beauty of the IUL is that remaining MEC space builds up year after year after year. So down the road when my wife and I are gone (hopefully long down the road), they should have a ton of MEC space accumulated in their policies that they can take all of their inheritance and lump sum dump it into their policies. As an MD the reason I got so in depth into IUL’s was because I was researching asset protection as I know I have a big target on my back. In most states cash value life insurance is completely untouchable by any creditor. So not only are they the best assets I own, but they’re the most protected.

[@WWIIPacificHistory]

@@brandonanthonyclark My agent is James Barber and he explains how we designed my kids policies really well in this video. kzbin.info/www/bejne/eZnXppdmZt6Wjdksi=PK5Q3z7_f_imEz8d

[@destlovee1452]

Thank you so much for this video I just opened a policy with Transamerica. I am 26 years old and the IUL is for 250,000 and I have extra money to fund this and need more information on how to do it right. I am now aware this is an investment, and I will always have access to my money.

[@edmondinc1]

this is not an investment. its a contract. an investment requires tax implications (you have to pay uncle) IUL if structured properly and max funded you will avoid paying your Big uncle. Check with your agent for MEC limits.

[@destlovee1452]

Thank you! @@edmondinc1

[@antoniohunt6943]

Hey destlovee is it anyway you can show me how to start

[@toyourfinancialhealth]

@@antoniohunt6943 I'd be happy to help you if you are interested in max funding an IUL.

[@TheSolver-PR]

Gave all the sweet info in this video. A must watch for agents.

[@danielalexander1217]

Hey man I appreciate this…You BROKE IT DOWN!!!

[@moqueemisfahany9090]

Excellent explanation of max funded , no method could be more simple and easy .

[@TracyHoth-s6s]

It is a great explanation, but why not turbo charge it?

[@davidasissac1884]

This was an excellent explanation. I'm a visual learner and this was great.

[@tracyhoth5699]

Great stuff Brandon, Now learn how to turbo charge your IUL and it will be even better!

[@GambinoRawBiz]

Brandon. I seen in your criteria section that you said no DUI’s in the last 24 months and No felonies. I have a family member who got a felony at 19 years old but is now currently 48. My question to you is would that disqualify them from working with you in any type of capacity period as far as getting a IUL is concerned? If so is that just with the company you work with or is all insurance companies set up this way. I’m just curious because it would seem extremely unfair that someone would never be able to get life insurance for making a mistake one time in the past. I appreciate your clarity and ability to explain this topic in a way that the average man or woman with little knowledge can understand. Thank You and keep the great info coming…. Much Love you!

[@olumayowaolubori337]

Great video bro! but I have to ask, isnt there a cap on how much money you can put in depending on your face amount/Death Benefit? For a 250K death benefit policy, 40 yr old male, I was told I couldnt put in more than 108K (They called it Net Single Premium). Am I looking at the wrong policy?

[@Pau11Wa11]

Informative video. I wonder if this knowledgable gentleman has ever heard of Nelson Nash’s (Become Your Own Banker) approach to using insurance to protect and build wealth 🤔

[@satviklifestyle]

Brandon, 12K per year is it the Max NonMEC limit for dumping it in 3 years for 36k?

[@imeldainterino7747]

Hey Brandon, how can I get contracted with you man! Just for the IUL product because Im a licensed agent who got 2 clients asking me about a life insurance and they're in late 50s. Too bad, the company I joined recently doesn't promote much of this product. Thanks for an awesome video!

[@ernestperez748]

I loved the way you explained it with examples. I wanted to follow up with you for some questions but the link you provided says it's not working.

[@arturomontoya591]

Brandon. You explain IUL very clearly, thanks.

[@brandonanthonyclark]

@@arturomontoya591 You’re very welcome! Are there any other topics about IUL you would like me to make a video on?

[@CurtisClay-qb2me]

Great information. I'm 51 and my IUL agent was trying to give me a $385,000 death benefit. I'm now going to ask them to give me the minimum for my age.

[@brandonanthonyclark]

Thank you and I’m glad you found this video helpful

[@tmac5078]

you might need that death benefit amount for other risks in life. insurance isn't completely useless. make sure you're considering all angles.

[@AboveAvgMan]

Screw my family. I only care about my cash.

[@nataliefino1926]

Nice explanations. Thank you!

[@brandonanthonyclark]

You're welcome!!!

[@ShewolfDru]

Fantastic and thorough demonstration. Thank you.

[@TP3TAY]

Do you recommend 401k or IUL?

[@Seccheus]

500.00 to any IUL client who has had their IUL over 10 years and is now drawing consistent loans for 10 years or more and the policy has not lapsed or imploded!!!! 500.00 to the agent that finds it.

[@brandonanthonyclark]

$500? lol

[@dlightningz6775]

I want to know the outcome of this

[@MRPOLY_237]

Thank you so much, Brandon.

[@brandonanthonyclark]

You're welcome🤝and thank you for watching

[@carmenbocanegra4310]

Thank you -- could someone in your office review my UIL? Thank you, Carmen

[@albertsmith7645]

Clear and concise!

[@brandonanthonyclark]

Thank you for your comment!

[@rickaylabrown9638]

When I sayyyy you did you thanggggg on this one !!!! Because I was stressed tryna figure this out !!!! I want an IUL for my children but I was scared if I couldn’t max it out. The problem I’m having is how would I know if it’s “max funded”. For a child that’s only 1 or how much premium would I have to pay to make sure it Ms max funded to have a larger cash value during her years.

[@brandonanthonyclark]

I appreciate you! Try thinking about it like buying a house. For example when you buy a home you know exactly how much your mortgage payment will be and how long you will pay it. I suggest you decide how much premium you want to pay into your child’s policy each year over the next 3,5, or 7 years. Once you have that number, tell your agent to design your policy with the minimum death benefit for a 1 year old. I hope this helps

[@rickaylabrown9638]

@@brandonanthonyclark thank you I sent you an email I don’t live in California but I’m trying to find a good broker that won’t try to get over . I have a good amount to invest in my kids future I just want the most benefit

[@brandonanthonyclark]

@@rickaylabrown9638 You’re welcome and I am licensed in several states and might be able to help you. Did you send the email to [e-mail]? I’m also a little easier to get a hold of on instagram. You can message me here ig.me/m/@brandonanthonyclark

[@DrAnthonyTLadson]

Yo you explained it really well. I have a better understanding from you than all the other. Videos I found. My only question is the Max funding example. When you max fund it in 3 yrs is that the max the contract requires to keep it active?

[@dejanae2009]

Do you review current policies for others to see if it’s set up correctly and give advice?

[@brandonanthonyclark]

Absolutely, I can review your current policy and give guidance. Can you email me [e-mail]

[@dejanae2009]

@@brandonanthonyclark thank you! Email has been sent.

[@natureboy3840]

Great explanation!!! Thank you 👍🏽🙏🏽

[@NunchakuNinja]

Hi Brandon, how can I get in contact with you? I'm a life insurance producer, and I want to help myself and people to use their life insurance for wealth. Thank you.

[@mikethompson3534]

That is a great explanation of a IUL workings

[@JOEMUSICK]

Watched your podcast there wasn’t a way to get your link for the other training

[@pmd5428]

Thank you for spoon feeding this information ( unlike all the others , where they use too many words and hype) starting with the valuable start of, option A, and lower insured amount ( $189k vs 500k). Tell me do you have an example or is there an option to start the policy off with a large amount of dollars ( say, $100k or $50k or $25k ) so that a person does not have to make a commitment for monthly payments, for 30 years? Also, if so, might you be able to make annual contributions or fund or payments ( what is the correct term?) of $25k, $50k. Or what ever dollars are available to the policy holder do to being in a sales position? Thanks again, Phil Ha, seems I didn’t listen long enough to get to the 3 year plan before asking my Question. Yet this plan does not offer tax free income , in your example. Is here an example where it will pay out in retirement?

[@greenman7652]

What the way to start one if your 58 non smoker in good health

[@brandonanthonyclark]

First you’ll need to decide on an amount you intend to fund your premium and for how long. Most people start with at least 10% of their annual income unless they already have some cash stored somewhere else like a 401K or IRA. It really depends on your situation. If you need then working with a licensed professional can help.

[@j-moneybags6943]

Why would prefer option A instead of B for max funding?

[@yeboahkwasikankam2954]

very insighful session!

[@DrAnthonyTLadson]

When you max find it for 3 yrs payments then stop. What if you make the same payments for 5 or six yrs then stop. Would it still be active with the same above example?

[@brandonanthonyclark]

Great question! Yes, you can continue making payments for as long as you like. The more you put into the policy, the more benefits you’ll see over time. The reason I showed a 3-year scenario was to demonstrate a worst-case situation where someone only funds the policy for a short period. Even in that case, the policy remains active, and the benefits are still there. However, if you choose to make payments for 5, 6, or even more years, the policy will grow even more, providing you with greater financial advantages. Essentially, the longer and more consistently you fund it, the more you'll get out of it. I hope this helps

[@phansu123]

Would the policy not expire after 3 years ?

[@m-mart.]

I just happen to find your channel. Thanks Brandon for so excellent explanation! 🙏🏻

[@brandonanthonyclark]

My pleasure!

[@jenny703]

Thank you, I learned so much from your video!

[@eyaury28]

What carrier is this?

[@sandasoru6754]

amazing video. thank you.

[@brandonanthonyclark]

Thank you for watching

[@stephengraham5968]

Hello, i am just learning about you strategies with IULs. 19 minutes in you mention that the premium was a thousand dollars a year. But the example is 1,000 a month. Please clarify. Thank you.

[@brandonanthonyclark]

Hey Stephen, welcome to the channel. I misspoke. In this example I meant to say the maximum premium is $1,000 per month or $12,000 per year.

[@natalierenae7584]

Which carrier did you use for this illustration?

[@brandonanthonyclark]

This was Ameritas, but it's an older product that is not available anymore.

[@tonyaporter333able]

Excellent Information.

[@stacybrownrealestate]

Well done. Thank you for sharing.

[@brandonanthonyclark]

You’re welcome Stacy! Thank You for watching!

[@shaunatkinson883]

This is really good information.

[@brandonanthonyclark]

Thanks Shaun! Always happy to share

[@michaelolson4135]

Hi Brandon, may I ask which insurance carrier did you use for these illustrations?

[@brandonanthonyclark]

This illustration was run with Ameritas, but they no longer have this specific product. They have a newer version

[@Not_Sure_]

Is the IUL right for an infant ?

[@Zaebuccz0700]

Yes ppl use it for college for they kids

[@howtoinvest4yourself241]

Where can I find the Rates that have been paid over the years for the IUL policy?

[@brandonanthonyclark]

That’s a really good question. This kind of info isn’t usually out there for everyone to see. But, as an agent, I’ve got access to it. If you’re curious about the rates and how they might affect you, I can help out. Just drop me a message on instagram, and we can chat more about it. Looking forward to hearing from you!

[@est4084]

Sit down with your agent and run something that suits your goals.

[@gregschwartz2942]

My agent told me that the soonest I can max fund my policy is 5.5 years. How do you max fund in 3 years and avoid an MEC?

[@brandonanthonyclark]

Hey Greg, I appreciate your question and its great you're looking into ways to make the most of your policy. The approach to fund a policy quickly while avoiding a Modified Endowment Contract (MEC) can be pretty specific to each person and their policy. Each situation is different, so what works for one person might not work for another. I'd suggest talking more with your agent or finding a financial advisor who's really good with this stuff to figure out the best plan for you.

[@j-moneybags6943]

What about the interest year over year that's not getting paid?

[@mr_margaritas]

Great info. My agent passed away and now I don’t know who can help me max fund my policy or just cancel but we are only in year 9

[@toyourfinancialhealth]

I'd be happy to help you. You probably have surrender charges until year 10 (or 15 depending on the carrier) but you can do a 1035 exchange of your current policy for another policy if you want a max funded policy instead of what you currently have.

[@PeterMcKane]

thank you Anthony, Good info

[@Hueyn42]

13:08 so it's not a level death benefit policy?

[@brandonanthonyclark]

Really great question. This is a level death benefit policy, but as the cash value increases the death benefit has to increase to stay compliant with the tax code

[@cliffordlewisjr1688]

Im trying to do IUL with Austin Becker its my first time doing this so Im watchin ur video he shared his screen showin how it works like its a$1,000 a month but if I can't I do $500 a month just to keep in the middle he was tellin it will never hit zero n I will never lose but gain

[@PatriciaGarcia-xi2mp]

Hi, How can I reach out to you?

[@VisionforFuture369]

Hey Guys I am getting IUL from National life insurance for 200k and 6k monthly payment. what you guys think?

[@brandonanthonyclark]

@@VisionforFuture369 Hey thanks for the comment. National Life Group is a solid choice.

[@dariuswest3788]

I need your help to start up I’m unsure that company is good to use .

[@dariuswest3788]

*what

[@brandonanthonyclark]

Thanks for reaching out. To suggest a company, I'd need more information about what you're looking for. Generally, it's a good idea to pick a mutual company with an A+ rating. But remember, the agent you work with is just as important as the company you choose. A good company can still give you problems if the agent isn't experienced. Make sure to work with someone you trust. Let me know if you have more questions!

[@JoeC5050]

if u invest 360K for 30 years with just 8% ROR, it will be worth $1.5M. If you take out 4% which will be around 60K per year almost tax free (long term capital gains) upto 120K.

[@toyourfinancialhealth]

Don't forget you are also purchasing life insurance which is not free. Plus if you add the 20+% in tax savings when you take the money out of the policy, that is where the real money is made.

[@JoeC5050]

@@toyourfinancialhealth initial years, yes LIFE insurance is the benefit but same can be achieved with simple term also. Both are after tax investments but log term capital gains FREE (also step up basis).

[@dafidi561]

So if you have an existing IUL that is not Max Funded, is there anything you can do to correct it now?

[@brandonanthonyclark]

Hey, that’s a really good question you’ve asked. It’s a bit tricky to give a precise answer without looking at the specific details of your policy, but generally, there are a couple of steps you can take. One straightforward option is to lower the death benefit of your policy to the smallest amount that keeps it from becoming a Modified Endowment Contract (MEC). Another approach is to increase your premium payments, but only up to the point where it doesn’t turn your policy into a MEC. These are just general suggestions, and the best course of action really depends on the details of your individual policy.

[@dafidi561]

@@brandonanthonyclark I appreciate your prompt response. Any reference or sources to check the smallest amount that keeps my IUL from becoming a MEC?

[@brandonanthonyclark]

@@dafidi561 if you have a policy, then it would be in your policy documents. If you don’t have a policy then easiest thing to do would be have an agent run the numbers for you, because the minimum non mec premium is based on your age, health, and the amount of premium you want to contribute.

[@prestinejustine6039]

Did you mean you couldn’t put in more than 1,000 a month into the max funding account ? You said a year and I’m trying to fully understand

[@brandonanthonyclark]

Great question. The maximum is $12,000 per year. You can pay a $1,000 per month, or different amounts each month as long as you don't go over $12,000 for the year. Does that help you understand better?

[@prestinejustine6039]

@@brandonanthonyclark yes. Thank you so much

[@ZaraeJaelin]

So if I max funded a policy in 3 years. Could I still take out income starting at 67 and ending at 95. And if I did, what would that look like??

[@toyourfinancialhealth]

It always depends on how much you put in over those 3 years and how much growth there would be between then and you turning 67. Plugging in the premiums paid in 3 years with an assumed rate of return (usually around 6% being conservative) and then planning on taking income at 67, the software will determine how much per year could be taken out until 95. Hope this helps!

[@Not_Sure_]

Good morning What state are you in ?

[@brandonanthonyclark]

Hey how’s it going I’m in California, how about you?

[@Themorbidqueen_333]

Very informative 🙏🏽

[@brandonanthonyclark]

Thank you for watching!

[@quadirbutterfield4]

Does anyone know the difference between option A and option B

[@brandonanthonyclark]

Great question. Option A refers to a level Death Benefit and Option B refers to an increasing Death Benefit in which the cash value is added to the death benefit.

[@vikalp77]

Is it real illustration shown here? All IULs have huge surrednder charge in initial years. In your example it shows almost 95% of account value available as cash value. Its not possible without a rider which will increase cost. Also account value in first year looks quite high, almost more than 90% of premium. Even whole lifes does not have that kind of cash value in first year.

[@brandonanthonyclark]

What’s going on! Thanks for your questions, they're really good ones… Did you know that there are hundreds of life insurance companies and IUL products out there? Have you looked into all of them? The illustration I shared is real and straight from an insurance company. It's true, adding a rider does come at a cost, but so does having a surrender charge. The rider allows earlier access to your cash value for strategic investments. Without the rider most of the money is locked in the policy. Think about it this way, what would be the opportunity cost of not being able to use your cash? This rider also comes at a cost to the agent in the form of a lot less commissions, which explains the high cash value in the first year. Finally, the high cash value compared to what you've seen before is why I don't use whole life insurance; IULs can offer comparable advantages for less cost. I hope this helps

[@jeffreykamke]

What percentage of your client's policies out perform the original illustration after 10 years plus?

[@brandonanthonyclark]

That’s a great question and I’m happy to share and at the same time I’m a bit reluctant. From my experience only one type of person asks this question and when I share the answer, they don’t believe me. What makes you different than the others?

[@JoeC5050]

@12:20 12K paid for 10years with 10% returns would be around $220K but you have just $120K?

[@briannaprieto3043]

Where should my death benefit be at for max cash accumulation as a 26 year old non tobacco?

[@brandonanthonyclark]

It's good to see you thinking about your financial future at 26. To figure out the best amount for your death benefit in a life insurance policy, especially for getting the most cash value, we need to know a few things like your age, health, how much money you plan to put into the policy, and for how long you'll do this. Since you don't use tobacco, you've got a good starting point. But the specific details about your funding plans are really important. These details help decide how your policy should be set up, balancing between the death benefit and growing the cash value. The best way to figure out the right death benefit for you is to talk to a financial professional, who specializes in Indexed Universal Life policies. They can look at your personal situation, understand what you want to achieve in the long term, and create a policy that fits your needs for growing cash value. Working with a professional will make sure your policy is set up right and fits well with your overall financial goals. If you need, I can help connect you with an expert who can give you personalized advice.

[@princeowusumensah7085]

Any benefit created by an IUL can be created for a fraction of the cost using term and the proper investments. Please speak with a non bias CFP before making a purchase that has a surrender period.

[@brandonanthonyclark]

Thanks for your comment. Are you a non biased CFP?

[@princeowusumensah7085]

@@brandonanthonyclark yes, IULs are typically best for high net worth or high income individuals. They simply cost too much for someone making $85k to think it’s going to solve their financial issues.

[@brandonanthonyclark]

@@princeowusumensah7085 I really appreciate your point of view. I’d like to address your claim of being a non-biased CFP, given that your statements are biased. Firstly, you mentioned that “Any benefit created by an IUL can be created for a fraction of the cost using term insurance and proper investments.” While I appreciate your input, this statement is inherently biased. It generalizes that term insurance and traditional investments are always a better solution, which may not be true for everyone. By making such a blanket statement, you overlook the unique features of IULs, such as tax-deferred growth, tax-free loans, and the flexibility they offer, which can be highly attractive depending on individual financial goals and circumstances. Secondly, you stated that IULs “simply cost too much for someone making $85,000 to think it’s going to solve their financial issues. “ This statement is also inherently biased. You identify yourself as a NON-biased CFP, yet your comments generalize that IULs are not suitable for moderate-income earners. This form of bias disregards the potential benefits that an IUL could offer to someone earning $85,000, such as the long-term tax advantages, flexible premiums, and death benefits. May I ask how you determined that $85,000 is the threshold for IUL suitability? What specific financial issues are you referring to when you say IULs won’t solve them? I believe it’s critical for financial advice to remain open-minded and consider all possible solutions based on the client’s specific needs and goals. Broad generalizations such as the points you made can lead to missed opportunities for effective financial planning.

[@princeowusumensah7085]

@@brandonanthonyclark I'll address all your points (no particular order) 1. $85K is a number I pulled from nowhere. It supposed represents middle America and typical wages. 2. "It generalizes that term insurance and traditional investments are always a better solution, which may not be true for everyone" - I stay away from words like always and everyone but they are better for the VAST majority of consumers. I recently reviewed an IUL contract with 172 pages. There is no way you believe the typical consumer understands all 172 pages and you wouldn't sign a document you don't understand, would you? 3. "you overlook the unique features of IULs, such as tax-deferred growth, tax-free loans, and the flexibility they offer" Tax Deferred growth = Traditional IRA, Traditional 401k and Brokerage account (you only pay tax when you sell) Tax Free Loans = you can take loans against your assets with decent interest rates if you feel you need to 4. "your comments generalize that IULs are not suitable for moderate-income earners" There are most cost effective methods to accomplish any of your selling points. Give me your rationale for any sale and I most likely can accomplish the same goals with the huge fees. 5. "long-term tax advantages, flexible premiums, and death benefits." These can be accomplished without the surrender, mortality, sales, admin, premium, and various rider fees. 6. "I believe it’s critical for financial advice to remain open-minded and consider all possible solutions based on the client’s specific needs and goals." I agree 100%. In addition to the CFP, I picked up the CLU to make sure I have a full understanding before offering my opinion on these contracts. You certainly have more experience than me but I am confident in my education.

[@prestinejustine6039]

The goat ! Thanks.

[@ChadXYang]

Is this guaranteed?

[@truckingwithtavaresboykins3102]

I have a few questions how can I contact you?

[@brandonanthonyclark]

@@truckingwithtavaresboykins3102 Thanks for watching…You can schedule a call with me here: thrivewealthsolutions.com/discovery-booking-page

[@jeffdaviswins]

My brother 👊🏿👌🏿

[@destlovee1452]

Where is the video on how I can max it out in 3 years

[@brandonanthonyclark]

This is the video. Have you watched the full video?

[@destlovee1452]

@@brandonanthonyclark yes I watched every second of it.

[@brandonanthonyclark]

@@destlovee1452 Thank you for watching. At about the 24 min mark I show the same policy, but funded over a 3 year period. You could continue paying premiums past the 3 year mark

[@cecisantos5827]

can a person have two IULs? one set up at the first one and another one set up as the second one?

[@toyourfinancialhealth]

Yes you can have multiple policies. The other option is to do what is called a 1035 exchange where you trade in one policy for another. Be happy to help answer any questions you might have.

[@LIFE180]

This is not good. At the 23:00 mark when you are showing the "better" long term funded policy, you don't show the detailed loan report page. That page will show how volatile these policies are when you understand them. They look great on an illustration due to the assumption that every year you have a loan, you're getting credited 50 basis points more than you are paying....but just 2 or 3 bad years once you are 72 and older could force this thing to lapse. Also, that policy is not "fully paid". Words matter. You can never pay an IUL up. There are always charges on the back end. The create what's called vanishing premiums. Once again, they look good on an illustration....but in real life, they don't work that way. I've done many videos that show this. The company will reduce your cap rate after a couple of years and you will be woefully disappointed

[@brandonanthonyclark]

Thank you, Chris, for sharing your thoughts here! Your comment is a good chance for me to answer some questions and make things even clearer for everyone watching. Let’s go over what you shared to help people understand IULs better. 1- Scare Tactics and Promoting Whole Life Insurance: If you have watched other videos from Chris (@life180), you may have noticed he talks a lot about the “dangers” of IULs and prefers whole life insurance. This can be a warning sign, because a good financial professional should share both the good and bad sides of each choice. Whole life and IULs both have their own benefits, and the right one depends on your own needs and goals. Chris has also shared in his own videos that he is not a licensed financial professional, but he can refer you to a life insurance agent. So, he may have financial reasons for recommending whole life insurance over IULs. With the popularity of this video, he may also be commenting here to get more people to watch his own videos to promote his own self-interest. But hey, that makes him human, doesn’t it? 2 - Loan Type Used and “Blowing Up” Risks:Chris warns that an IUL could “blow up” if the market has “bad years.” In the example, I’m using a fixed-rate loan, which doesn’t depend on market changes and shows a 0% spread each year, meaning there’s no added credit between the loan interest and credited rate. Even with a 0% spread, the numbers look good. Imagine how they would look if I were showing a 50 basis point spread! This fixed-rate approach keeps the policy stable, even in tough market years. Whole life insurance has its own market risks. While it has guaranteed cash values, its dividends aren’t guaranteed. In “bad years” or low-interest periods, insurance companies may reduce or even stop paying dividends, slowing cash value growth. Whole life policies can also have variable loan rates, which means borrowing costs can rise if interest rates increase. Both IULs and whole life policies can “blow up” or even lapse if the market changes in certain ways. For IULs, cap rate changes or poor market performance can hurt growth. For whole life, lower dividends or rising loan costs can reduce cash value. So, both types of policies face risks, just in different ways. 3 - Ongoing Fees and “Fully Paid” Status: Chris says IULs are never truly “fully paid” because they have small ongoing fees. This is true-like any insurance, IULs have costs over time. But this doesn’t mean the policy loses money. In my video, I showed that when set up correctly, an IUL’s cash value growth can cover these fees, giving the policyholder more value over time. Whole life insurance also has ongoing costs, but it works a little differently. With whole life, you often pay more than the cost of insurance, and the insurer may return part of this overpayment as a dividend, which can then be used to buy more paid-up insurance. This doesn’t make whole life bad; it’s just a different way to build cash value. My point is, both IULs and whole life policies have costs over time, and it’s important to understand how each one works. To make this fair and clear, I used lower growth rates (3.9% and 5.64%) to show stability even with these fees. The average return is closer to 7%. For example, I earned 10% last year but only 3% the year before. This range shows how returns vary but remain steady over the long run, giving a realistic view of performance. 4 - Cap Rates Can Change, but This Is Not Unique to IULs: Chris warns that cap rates (limits on IUL growth) might go down. This can happen, but my video uses conservative growth rates (3.9% and 5.64%) to keep things realistic. Whole life insurance isn’t immune to changes either. Whole life dividends can also decrease if the company adjusts, so this risk is not unique to IULs. 5 - Motives and Bias: Chris has tried before to get me and other financial professionals to debate him on IULs vs. whole life. Commenting here might be another attempt to spark public debate for attention. He has strong opinions, but using scare tactics and commenting on my video like this doesn’t feel very professional. We see this in finance, religion, and politics, people pushing one idea and using scare tactics to make it seem better than any other choice. Real guidance should give you the full picture, not scare you away from exploring options. For Everyone Reading: If you are considering life insurance, whether IUL or whole life, ask questions and learn about both. Each has benefits, and the best choice depends on your goals and needs. Don’t let fear-based advice stop you from learning. A good professional will help you find what works best for you. Thanks for watching, and I’m here if you have more questions! Lastly, if you're looking to find the perfect policy for you, then I can help you with both IUL and whole life policies. I am happy to provide a balanced view of both options. Stay blessed✌

[@oscarMartinez-lu6gk]

One on one for more information

[@brandonanthonyclark]

Hey Oscar, congratulations on your new policy!!!

[@snowballmax7448]

What about the bare minimum

[@est4084]

All insurance companies have different minimums.some give 0 and others give 0.75%when indices are in bear movements. You can use these policies for many things,I wish people understood how it works.i love tax free .very powerful.As a financial professional,it's amazing

[@ronst2519]

Who can I talk to

[@toyourfinancialhealth]

@ronst2519 I'd be happy to help you if you didn't find someone already.

[@JoeC5050]

@13:10 after 20 years $240K has become $369K which is about 3.9% NET returns?!!!

[@brandonanthonyclark]

That's awesome right!!!

[@JoeC5050]

@@brandonanthonyclark LOL 3.9% is awesome?!!!

[@brandonanthonyclark]

@@JoeC5050 That’s what I said didn’t I?

[@JoeC5050]

@@brandonanthonyclark in what world 3.9% returns is awesome?

[@brandonanthonyclark]

@@JoeC5050 LOL Are you serious? In this world, on planet earth, in the United States of America. In what world wouldn’t it be awesome?

[@TwainMarcus]

Rodriguez Elizabeth Robinson Brenda Perez Jennifer

[@Mr.RobinsonLBC]

That cash surrender value rate is FUCCIN HORRIBLE 😂😂😂😂😂😂😂😂😂

[@brandonanthonyclark]

Hey! Thanks for your comment about the cash surrender value. It sounds like you might have missed some key info from the video. I guess you didn’t watch the whole thing? The first part shows a not-so-great IUL policy, but there’s more to it. In the video, I actually compare that with a much better policy design. By the end, you’ll see a policy where about 90% of the cash value is available in the first year. That’s a big difference, right? What do you think about having 90% of your money available in the first year? And how does that change your view of what makes a good insurance policy? I’d love to hear your thoughts after you’ve seen the whole video!

[@CurmeLeila-m5w]

Rodriguez Anthony Lopez Mark Jackson Melissa

[@WhittierLesley-c6t]

Lopez Thomas Young Maria Young Carol

[@CottonChristian-e3r]

Johnson Dorothy Lopez Linda Johnson Richard

[@DTSupstateNY]

Well guess I’ll follow.. we have the same name and your posting shit I’m interested in

[@brandonanthonyclark]

Lol I appreciate you bro!🤝

[@PepysFlora-t8p]

Thompson Eric Taylor Barbara Clark Lisa

[@Thewealthwarehousepodcast]

Honestly, I hate ti say this because we're definitely NOT "buy term and invest the difference" people. BUT, if it was between IUL and term, you're better off with term. At least the term policy isn't going to get more expensive each year. And one day in your later years, when the premium is so high you can't afford it (in retirement), it's going to use your cash value to pay the premium. The hole history of this product is horrible. We appreciate you wanting to help people become wealthy and leave a legacy, but this is NOT the product for the job.

[@brandonanthonyclark]

@@Thewealthwarehousepodcast Thank you so much for sharing your thoughts! I really appreciate you wanting to help others with good advice. Thanks for sharing your thoughts! I appreciate you wanting to help others, but it seems like you didn’t watch the whole video. What you’re saying has been proven wrong many times. It sounds like you’re just repeating misinformation without knowing the full picture. I’d be happy to chat more and clear up any other questions you might have! It seems like you might not have had a chance to watch the whole video, which is okay, but it’s important to get all the facts before making a decision. IULs, when used correctly, can actually be a great way to build wealth and leave a legacy. I’d be happy to chat more and clear up any other questions you might have

[@Thewealthwarehousepodcast]

@@brandonanthonyclark you're right. I didn't actually get through the whole video. So I'll make sure to do that and get back to you. Thanks.

[@calvinhaynes5781]

This is best explanation I’ve heard so far though it is still very complicated for the average person. If I knew nothing about this product, I would be at the mercy of the agent to structure it well and not be out for the biggest commission he or she could get. I completely understand that long game of growing money, that’s how most millionaires build wealth. To play devils advocate’s; I could put $1000 a month into my company’s Roth IRA, get a 5% match for 30 years and have 2.2 million dollars if the market averages 8% during that time. I can withdraw the money tax free and in turn buy a whole life policy for $100,000 face value to cover my funeral expenses. That simulation is just with $1000 a month with a 5% match on top. If I put $2000 a month with the same match my money after 30 will almost double. I have to really study this topic more to understand its nuances. It’s really over my head at this point in time.

[@CurmeLeila-m5w]

Jackson Donald Walker George Martin Linda

[@RETlREDAVIATOR]

Nahhh!

[@RoseWilson-u2t]

White Michael Clark Nancy Allen Brian