THE INFINITE BANKING CONCEPT
It has been my privilege to have known Scott Chapman and his exceptional family for seven years or more. It has been a blessing to my life to know that there are people who can think and conduct their lives according to these superior thoughts that are his. Scott has insight into things that are worthwhile pursuits and the ability to attract others who can benefit from them. Scott’s enthusiasm for The Infinite Banking Concept and the enthusiasm with which he is able to transmit its message gives me hope for the future. Everyone can benefit from spending time with this good man. I recommend him to you.
R. NELSON NASH (2017)
Discoverer of The Infinite Banking Concept Author, ‘Becoming Your Own Banker’
IMAGINE A PRIVATE FINANCIAL SYSTEM YOU CREATE AND OWN THAT:
Gives you unquestioned, private access to an ever-compounding and growing pot of tax-exempt money to use for any reason, such as business investment, real estate purchase, equipment purchase, home, car, education, vacations, braces, swimming pool, or retirement income, etc.
Allows you to negate the effects of future higher income tax rates by providing you with private tax-exempt cash flow in your future.
Allows you to turn liabilities into assets by taking control and ownership of the financing and banking function in your life.
Is contractually guaranteed to increase in value every day, week, month and year regardless of what happens in the stock market, real estate market, etc.
Does not require you to change your cash flow, work any harder or take any additional risk. Allows you to become more profitable, effective, and efficient at what you are already good at doing every day.
Helps you increase your wealth and net worth by simply directing an ever-increasing portion of each dollar that runs through your hands back to you instead of away from you.
Becomes an ‘And Asset’ by allowing the same dollars to be used and grow in two places at the same time. Two assets are better than one.
Causes you to think long range, 2 to 3 generations beyond yourself. Teaches stewardship and financial responsibility and becomes a solid foundation for every financial decision for future generations.
Allows future generations of your family to no longer depend on and be controlled by government, banks, Wall Street…real and true financial freedom.
Becomes self-perpetuating and creates generational wealth transfer.
Take Control And Keep More In Your Pocket!
Is 50% Good Enough For You?
50% – Interest and Taxes
Interest – Mortgage, Auto, Education, Credit Cards, Taxes – Income Tax, Property Tax, Sales Tax
50% – For Everything Else
Loan Principal, Family, Insurances, Gas, Groceries, Clothes, Donations, Future/Retirement, etc.
Build Your Wealth And Net Worth By Simply Keeping More In Your Pocket
NOW AND FUTURE
Examples of Wealth Creators
Ray Kroc did not take a salary during his first 8 years, and to overcome constant cash-flow problems, Kroc borrowed money against two whole life insurance policies to help cover the salaries of key employees.
Examples of Wealth Creators
After failing in the pursuit of traditional means of financing to build what would become Disneyland, Walt decided to provide his own financing. A large part of this came to be by collaterally borrowing money against his whole life insurance policy.
Examples of Wealth Creators
Doris Christopher launched the company with a $3000 policy loan against her husband’s whole life insurance policy. This was the only cash ever injected into the company that eventually was bought by Warren Buffet in 2002.
At Chapman Financial Services,
We provide detailed guidance and support to help you fully understand and implement IBC properly and effectively. We work with you every step of the way, ensuring that you fully grasp the principles behind this powerful concept and how, when used correctly, it can transform your financial future. We work with good folks all over the USA to help them reclaim the banking function in their life, leading to greater flexibility and financial independence. With IBC you’re not just securing your wealth for today—you’re laying the groundwork for a prosperous future for generations to come.
An Example of the Process
Through the utilization of properly designed, structured and funded whole life insurance contracts, IBC teaches us to think like and become an owner rather than a customer, an owner of the banking and financing function in our life. Owners make profits. Not only do we get to make the profits, we also get to put them to work compounding tax free for the rest of our lives. This process puts us in full control.
Below is a simple example of the cost of being a customer and the benefits of being an owner. As you take a look at this, just remember that this is about being an honest banker. This is only one purchase, one turn of the money as we call it. Right now it is 2024. My wife and I have been married 30 years and we have raised 2 sons.
As best that I can recall, we have purchased 13 vehicles in our family during that time. We have more life to live and I feel certain we will purchase more vehicles and so will our sons and their families. So as you observe the numbers below, just imagine this being utilized over a lifetime, multiple generations with multiple vehicles purchased using your own private family banking system.
A system where the family is the owner and captures the interest dollars that would have been flowing away and into the banks hands. Those dollars are now yours and are contractually guaranteed to compound and grow for you every day for the rest of your life and provide you with tax exempt income in your future. Because you are the owner in this process, you set the loan terms not the insurance company.
But you must do 2 things….understand the value of your money and be an honest banker or this will not turn out well for you. If you can do these two things and put this to work in even bigger and better ways over time, the sky is the limit for you and your family. Building wealth will become a normal part of everyday life.
Vehicle Purchase Price with Sales Tax – $42,141
10% Down Payment – $4,214
Amount Financed – $39,927
60 Month Loan
Traditional Bank Financing – 7% Interest rate – $751 per month, $7,133 total interest paid
IBC – 4% Interest Rate – $698 per month, $3,982 total interest paid
$7,133 – $3,982 = $3,151 in your pocket
Now this $3151 is worked back into the system of policies where it will begin to grow and compound through interest and dividends for the rest of your life and be available to you again for any reason, without question, tax-exempt. And during the 60 months of the loan, the entire amount you borrowed never quit earning interest and dividends. This is how wealth is created.
Just think of the difference this could make over a lifetime, over generations of a family if used to purchase vehicles, homes, business, pay for education, real estate, etc. Talk about building wealth and net worth!
Reach out to us today and let’s get you started on your wealth building journey.
Giving Yourself Control and Choices For Tax-Exempt* Income
Tax Free or Tax Exempt
Municipal Bonds
Roth IRA/401K
High Cash Value
Whole Life Insurance
Tax Deferred
Future Taxable at What Rate?
Traditional 401k/IRA
457 403B
Pensions Annuities
Taxable
Taxed Annually at What Rate?
Savings Accounts, CD’s, Money Markets, Mutual Funds, Stocks, Corporate and Treasury Bonds, Real Estate
The use of properly designed, properly structured, properly funded, and properly utilized high cash value whole life insurance contracts throughout your working years can make a tremendous difference in the amount of money you have control over during your retirement years. By building and using these policies to finance life’s purchases, you will capture interest dollars that would have normally been paid to someone else. This allows more of the money that is already flowing through your hands to come back to you rather than away from you. The money placed into these policies never stops compounding, even when you are using it to finance life’s needs. This increases your wealth and net worth without requiring you to work any harder, take on additional risk, or change your cash flow. By building and utilizing this private cash flow system throughout your working life, you will have more control, more options, more choices, more flexibility, and more tax-exempt money to enjoy during retirement and to leave a legacy for future generations. Tax-exempt can mean more money in your pocket! This gives you control and freedom, and that is a powerful thing!
The examples below are based on a $150,000 annual income (gross) – Hypothetical, recently retired married couple. Figures do not include state income taxes, federal income taxes (2020) only are included.
$150,000
22%
Marginal
Tax Rate
$2,340,000
20 years
$75,000
12%
Marginal
Tax Rate
$75,000
15%
Capital Gains
Tax Rate
$2,595,000
20 years
$50,000
12%
Marginal
Tax Rate
$50,000
0%
Capital Gains
Tax
$50,000
0%
Fully Tax Exempt
$2,880,000
20 years
A well thought out starting strategy, that puts you in control for the long haul, makes a huge difference and allows you to finish much stronger!
*When Properly Structured A High Cash Value Whole Life Insurance Contract Will Provide You With Tax-Exempt Cash Flow And Tax-Exempt Income.
Scott’s Story – The 2008 Crash
NELSON NASH ...
Friend, mentor, teacher.
Nelson did not create The Infinite Banking Concept(IBC), he discovered it. Driven by necessity, he uncovered the amazing power and the living benefits of the strongest contractually-guaranteed asset and century old financial tool available in the USA. One that when properly designed, structured, funded and utilized will truly give a family, a business, a farm control over the banking and financing function in their life, control over the future taxing function of their money and build a strong financial foundation on which every financial decision can be made for generations to come. It is called Whole Life Insurance, and when done properly as stated above, it changes things.
For much of the 20th century, Whole Life Insurance was the foundation for savings for American households. Listen to what Ronald Reagan had to say about it.
“We do not pollute, dilute or convolute the concept as we see some doing today.”
At Chapman Financial Services we are Nelson Nash purist. We do IBC the way Nelson Nash practiced and taught it. We utilize the same message, methods and mission that Nelson did. We do not pollute, dilute or convolute the concept as we see some doing today.
One of Nelson’s main tenets of IBC was thinking long range….not trading long term gain for instant gratification. Failing to understand this is failing to understand IBC. So be careful. In a world full of instant gratification and very little thinking, coupled with a lot of mis-information and dis-information, it is easy to get led down the wrong path if you are not careful.
As you discover and consider IBC and its benefits for your family, remember this simple statement, “We don’t know what we don’t know, until we know it.” The Infinite Banking Concept is a major paradigm shift for most people. It is not a product; it is a process. As Nelson said, “It is an exercise in imagination, reason, logic and prophesy.” It isn’t for everyone, but it just might be for you.
