In this episode, we ask:

• Who is Frank Herbik?
• How did Marvin Bulas get started with Tim Austin?
• What does the concept of Bank on Yourself® focus upon?
• Do you rely on other outside financial sources?
• What requires self-discipline?
• How can you achieve your financial milestones without taking unnecessary risks?
• What about discipline and freedom?
• Have you read Extreme Ownership by Jocko Willink?
• How about a lifetime of tax-advantaged income?
• What is hard?
• How does the Bank on Yourself® strategy differ from a typical market-driven approach like a mutual fund, an ETF, an IRA, etc.?
• How about some examples?
• Are we completely against the market?
• What is the barbell strategy?
• What about a better “desk drawer”?
• How can you harness compound growth?
• What about cash, that’s available to you, whenever you need it?
• Could everyone benefit from this?
• How does the insurance carrier manage and carry the risk?
• What is the non-guaranteed component?
• Are the companies in the insurance industry well regulated?
• What are the living benefits?
• What’s the difference between a typical life insurance agent and an active Bank on Yourself® Professional?
• What’s the CFP® designation?
• Does a typical CFP® (or CLU®) understand how to correctly structure and design a Bank on Yourself® type whole-life insurance policy?
• What does Marvin enjoy?
• What can smooth out a lot of things?
• How about a case study?
• What is the approval process to get a loan from an insurance carrier?
• How much do you want, and when do you want it?
• Who sets the terms of the loan?
• What resonates with Frank?
• Do carriers have apps?
• Who would these concepts benefit?
• How does age affect the growth of a whole life insurance policy?
• What is a “sprinter” policy?
• What is a “marathon” policy?
• How many ways could an advisor design a policy?
• Would you like to search on bankonyourself.com?
• Would you like to talk with Frank at 630-330-1799 about your specific situation?