Not Your Average Financial Podcast™

Episode 286: Policy Loan Interest Rates are Rising… Party at My House!

February 24, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

Who needs to hear this?
Where else can you get an asset that grows every single year?
What did Pamela Yellen say?
Would you like to take her up on the challenge?
Where is the loan coming from?
What are the benefits?
What about getting the money out tax free?
Why does the insurance company charge interest in the first place?
How much interest do you have to pay on a policy loan?
When do you owe the interest to the insurance company?
What are the tax benefits of loan interest?
When you take out a loan against a life insurance policy, don’t you have to pay the interest back?
What about taking out your very first policy loan?
Why are rising interest rates a good thing for policy holders?
What is the difference between simple and compound interest?
What about calculating loan interest in arrears?
What about an example?
How is this different from an annual percentage rate or APR?
What is the actual cost of the loan?
What really matters?
What is the cause?
What is the effect?
What about another example?
How did Mark get that number?!
Is your policy continuing to grow?
What can you reasonably expect?
How are Bank on Yourself® type life insurance policies designed differently from other life insurance policies?
Who can properly design Bank on Yourself® type life insurance policies?
Are your policies designed properly?
Is the devil in the details?
What about non-direct recognition policy loans?
Who is breaking compound growth?
Would you like to meet with Mark or a colleague of Mark’s?
Who charges us interest?
Who gets access?
What grows?
What is the insurance company doing?
What is going on with loan interest rates?
What are the responsibilities of the insurer?
Would you like to hear Episode 128?
How might the insurers make the best choices for their owners?
What does the contract state about policy loan interest rates?
How is the rate calculated?
What is the actual APR?
What about variable rates?
How are life insurance policy loans different from other types of loans?
What are the key differences for life insurance policy loan rates?
Will the policy lapse?
What happens when the rates rise?
Why is Mark thrilled?
Will your policy grow faster, too?
What about a hypothetical scenario?
Does this translate into higher profit distributions?
How does this affect cash value?
Does a Bank on Yourself® type life insurance policy still work if you don’t take policy loans?
What are the benefits?
What do policy owners receive?
What happens when you pay down a policy loan?
What options do you have?
What happens with an outstanding policy loan balance upon the insured’s death?
How is your policy helping to add security and confidence to your future?

Episode 285: Recovering from a $50M Loss with Rod Khleif

February 17, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

Who is resilient?
Who is Rod Khleif?
What’s Rod’s story?
How many layoffs are expected?
What did Rod’s mom do?
What does Rod do today?
How did Rod build his real estate portfolio?
How is it all about cashflow?
Would you like to view rodslinks.com?
What kills cash flow?
Will the gravy train last forever?
What did Rod not pay attention to in 2006-2008?
What happened?
What about bridge debt?
Who is in trouble?
What about liquidity?
Who is fearful?
Who is excited?
What about the comfort zone?
Are you a leader?
Where is your focus?
What happens when you pay attention?
What about the word appreciation?
What about gratitude?
How does gratitude affect your health?
What about making a decision?
What about taking a step?
Would you like to explore Rod’s course?
How are you adding value?
How does one learn the audience?
What can we do to improve?
What are some of the conferences Rod is attending?
How does mindset affect outcomes?
What have you failed at this week?
What are you afraid of?
What are you going to do next?
What did Rod build?
What about goals?
What about feeding families?
Who is giving back?
What is fulfilling?
Who is giving back?
Would you like to share this episode? hello@nyafinancialpodcast.com
Would you like a 15-minute meeting with Mark?

Rod Khleif is a business owner and philanthropist who is passionate about business, high performance, real estate and giving back. As one of the country’s top real estate and peak performance luminaries, he has also owned over 2,000 properties.

Rod recovered from losing $50 million dollars in the crash of 2008 to the success he enjoys today. Rod brings incredible authenticity and insight to his approach to real estate, mindset, success and life. Rod also founded The Tiny Hands Foundation, which has benefited more than 130,000 children in need.

Episode 284: Fire Your Real Estate Banker (Part 2)

February 10, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

What about a cash purchase strategy?
Would you like to hear Episode 283?
What about a case study?
What if you used the policy loan feature with every major purchase you need in your life?
What about strategy #2?
Are you into flipping?
What about using a cash out refinance?
What about a case study?
When do you have to pay off existing policy loans?
What about ongoing commitments?
What about liquidity?
What about single premium whole life policy?
What are the advantages of single premium policies over recurring premium policies?
Are the gains taxable on single premium policies?
What creates a taxable event?
What about a syndication example?
What happens if he passes away?
What about arbitrage?
Who earns more than they spend?
How much can you get out of your local bank account?
What about paperwork?
What about borrowing from a policy?
What is the APR?
What is the growth?
What is the arbitrage?
What about efficiency?
What’s the catch?
What about insurance costs?
When is the policy the least efficient?
How much patience is required?
Is the policy’s cash value going to grow more efficiently each year?
What about get rich quick?
What about get rich for sure?
What about the FOMO?
What is the biggest risk or consideration?
Who knows about this?
Who knows how to design these properly?
What about working with a Bank on Yourself® Professional?
How much do you want?
Would you like to meet with Mark for 15 minutes?

Episode 283: Fire Your Real Estate Banker (Part 1)

February 3, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

Would you like to subscribe?
Is there a better time to be a real estate investor?
Would you like some game-changing strategies?
What about mortgage rates?
What about inflation?
What is the overall state of the market?
How far will the money last?
What is the monthly cost for long term care?
What did the study from Urban Institute say?
Who is able to retire?
Will you have the choice?
How might constraints drive innovation?
Where might your money go?
What is the small hinge that will swing the big door in your financial life?
Where will your money live?
What about risk, tax, fees and penalties?
What do you want your money to do for you?
Do these products solve your problems?
Do these products feed the problems?
What is guaranteed?
What did Einstein say?
What are the attributes of your money?
Is it taxable?
Is it guaranteed?
Can you leverage it?
Is it at risk?
Do you have control over where your money lives?
What are your answers to these questions?
- Can you lose money due to elements outside of your control?
- Are guarantees on your money offered or received?
- Is the principal safe and protected?
- Are there any penalties to access your cash?
- Can you get access to the money without red tape or delays, if you need it?
- Can you leverage your money to create the most amount of wealth for the least amount of money?
- Does your money grow tax deferred, or is it going to be taxed in the future? Is it going to be tax free in the future?
- Is your money protected from lawsuits and creditors and other predators?
- Can your money be used as collateral?
- Does your money transfer income tax free to your heirs?
Is your money doing things counter to your desires?
Where will your money live?
What are you going to do about it?
What about a story?
What did Mark learn?
What about Bank on Yourself® type whole life insurance policies?
Is it time to find a better way?
How does this fit with real estate?
Why should we bother?
What about tax advantages?
- How is this similar or different from a Roth IRA?
What about guarantees?
- How is this time tested?
- How are the guarantees a great buffer?
What about insurance?
- Does whole life insurance expire?
What about freedom?
- What about liquidity?
- What about access? What about loan provisions?
How can you get true, uninterrupted compound growth?
What does any of this mean to you and your real estate business?
What happens when you combine real estate and Bank on Yourself®?
See you next week!

Episode 282: Nearly All of the Places Money Can Live with Mark and Katrina Willis

January 27, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode we ask:

Are you missing out?
Would you like to subscribe?
Join the FREE Not Your Average Financial Community to receive a notice about this year’s dates!
Would you like a 30,000 foot flyover of financial choices?
Where might you park your money?
Where does your money live?
Why does this matter?
What are the pros?
What are the cons?
What were the news cycles saying in May 2022?
What about cash?
What about checking?
What about savings?
What is great about cash?
What are the downsides of cash?
What about inflation?
What about certificates of deposit (CDs)?
What about bonds and bond funds?
What about precious metals?
What about crypto?
What about term life insurance?
How about fixed annuities?
What about variable annuities?
What about dividend paying stocks?
What about stock buy backs?
What about common stocks?
What about tech stocks?
What did DALBAR say?
What about ETFs?
What about TDFs?
What about qualified plans, like 401(k)s?
What about real estate?
What about indexed universal life insurance?
What about variable life insurance?
What about business and K-1 partnerships?
What about Bank and Yourself® type whole life insurance?
What about all time record highs?
Is it an “either/or”?
Is it a “both/and”?
What are Mark’s takeaways?
Would you like to hear Episode 187?
Which of these tools were surprised about?
What did you learn? What are your takeaways?
Would you like to meet with Mark?

This is a segment from our 2022 Not Your Average Financial Summit. If you enjoy this presentation, and are interested in all of the slides and resources, consider joining us this autumn for the 2023 Not Your Average Financial Summit!

Episode 281: Is Bank on Yourself® All It’s Cracked Up to Be? with Amanda Neely

January 20, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

What have your experiences been with financial planners?
What about insurance?
Why do so many struggle to trust insurance professionals?
How did Mark meet Amanda?
Who is Amanda Neely, CFP®?
What about the education?
What about the exam?
What about the ethics?
What about the experience?
How long did it take Amanda to study and sit for the CFP® exams?
Why did Amanda put herself through this?
What is special about being a fiduciary and a CFP®?
What about Bank on Yourself® type whole life insurance policies?
How many female Certified Financial Planners® are available?
What’s it like to be a CFP® and a Bank on Yourself® Professional?
How are specialties so valuable?
What about liquidity?
What about estate planning?
What about real estate?
What about tax?
How does a whole life insurance policy integrate into the rest of life?
What about other kinds of insurance?
What about liquid emergency cash?
Does the Bank on Yourself® concept still hold water after Amanda’s CFP® education?
What did Mark and Amanda find in the fine print in the investment textbooks?
What did they find in the models and formulas?
What are the flaws?
Why do we make decisions based on previous performance, when there are no guarantees of future performance?
What about investing in the stock market?
Do you really understand what you’re doing?
Are you choosing “your mechanic” wisely?
What “car” are you driving?
How does it feeling driving it?
Would you like to meet with Amanda?

Amanda Neely, CFP® is a Certified Financial Professional® and Bank on Yourself® Professional, who uses her years of experience in business growth to develop personalized financial strategies for individuals, couples, and entrepreneurs. She works with people to find their unique path to financial freedom. Reach out to Amanda at www.wealthwisdomfp.com

Episode 280: Oh MYGA! Interest Rates Are Rising!

January 13, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

Have you shared this episode?
Would you like a free book? Show us how you shared this episode, and we will send you a book!
What happens when your environment changes?
What about the boring Certificate of Deposit (CD)?
Are CDs liquid?
What is the history of the CD?
What about the current interest rates?
What about tax?
What is a mutli-year guaranteed annuity (MYGA)?
What about the guarantees?
What is there to love about MYGAs?
What is a 1035 exchange?
What about thinking long term?
What about some examples?
What about transferring from a MYGA to a single premium indexed annuity(SPIA)?
What are the alternatives?
What about the 4% rule?
What about commissions?
What about guarantees?
What about low fees or no fees?
What are the age ranges?
What are the risks of a MYGA?
What about FDIC insurance?
Would you like to hear Episode 55?
Who is going to pay?
What happened in Cyprus?
What about knowing the environment?

Episode 279: PREDICTION! Bank On Yourself® Hits Another All Time Record High

January 6, 2023 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

What is new?
What are some strategies?
Will the sun rise again?
What did Steve Jobs say?
Is it hard to know?
What will the stock market be doing at the end of this year?
What about volatility?
What about mortgage rates?
What about inflation?
How will your business perform?
Who is impressing Mark to no end?
What about a seven figure business?
What are the market shifts?
What is happening to his margins?
What about being reliant on W-2 income?
How do people tend to prepare for an uncertain future?
What about stocks?
What about Disneyland?
What about Goofy’s Sky School?
What about going up?
What about going down?
What about going left?
What about going right?
What about sitting on a roller coaster for 35 years?
What about returns?
What about constantly breaking compounding?
What was the experience of an average speed?
What about slamming on the breaks?
What happens when it loses 35%?
What about an example?
What happens in business?
How does age play into this?
Does the market care?
When do you want your money growing at its most efficient?
When are your best money years?
What about inflation?
Can you earn an income?
What about your least efficient years?
Wouldn’t it be great if you could get better gas mileage?
What if the software could be faster?
What about a linear return?
What about averages?
What about Bank on Yourself® type whole life insurance?
Can you do better investing in the stock market?
Is this an attractive alternative?
What about illustrations?
What about the rate of return?
What about the “average” returns of the stock market?
How does real compounding really work?
What about some examples?
What were these policies designed for?
What was the “average” rate of return on this sample?
How long have these been in force?
How much was that increase?
What about annualized internal returns?
What about savings account?
What about stock market returns?
What about crypto?
What about real estate?
What about anything else?
What about term insurance?
What about whole life insurance?
What about the increase in his cash?
What is the annualized yield?
What about the contributions?
What did a skeptical client ask?
How can I do more?
What about the policy ceiling?
What about predictable guarantees?
What about results?
What happens as a life insurance policy ages?
What about the unforeseen curve balls?
What will happen?
Will you get a pay raise?
Will you get laid off?
Will your policy get more and more efficient every year?
Will your policy hit an all time record high?
What is Mark’s prediction?
Can you lean on the guarantee?
Who are you working with?
Is your current financial planner willing to sign their name next to a minimum guarantee?
How can that be called a plan?
Will your policy hit another all time record high this year?

Episode 278: Overcoming Imposter Syndrome with Brian O’Neill

December 30, 2022 by Not Your Average Financial Podcast

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Android | RSS

In this episode, we ask:

Do you need new skills?
What about the tools?
What skills might it take to be a good and successful employee?
What does it take to become a business owner or entrepreneur?
Who is Brian O’Neill?
What does it feel like to quit your day job?
What was the message Brian internalized?
What happened when Brian had a son?
What did Brian’s son say?
What did Brian say to his wife?
When did Brian end his W-2 job?
What about anxiety?
What is the imposter syndrome?
What about the fear of success?
Have you read the book, Mindset by Carol Dweck?
Who has made errors?
What hurdles did Brian overcome?
Where is the true risk?
What are some of the practical things Brian has engaged?
How was a Bank on Yourself® type whole life insurance policy life changing for Brian?
What about health insurance?
What about tax?
Is your boss in a parental role?
How might you rely on yourself?
What happened when Brian told his son about his Bank on Yourself® type whole life insurance policy?
What is the strong reason?
What will it look like if…?
What is Brian up to?
Would you like to learn more at w2prisonbreak.com?
Where is the most risky place to be, in terms of your income?
Would you like to join our FREE Not Your Average Community?

Brian O’Neill is an experienced real estate investor, author, speaker, coach and podcast host. In his real estate business, he specializes in creative finance strategies for purchasing properties, offering flexible solutions for both buyers and sellers.

Brian spent 25 years in corporate sales, stuck in a job he didn’t like and being away from his wife and young son. After decades of trying, Brian was finally able to break free and start his own real estate business and now he helps other aspiring entrepreneurs in similar situations
break out of their W2 Prisons through his coaching program and his podcast – The W2 Prison Break Show.

Brian has experienced many challenges and roadblocks in his life and has had lots of help from family, coaches, and mentors along the way. Providing the highest value to his clients to help them realize their dreams is something that drives him on a daily basis.