1 rich Libsyn https://www.libsyn.com 90 600 Has your accountant &quot;never heard of&quot; infinite banking and your financial advisor calls whole life insurance a &quot;scam&quot;? In this episode, Mary Jo Irmen pulls up the actual policy numbers and breaks down why they're wrong — and how structure changes everything. ⚠️ Warning: this episode comes with a dose of German passion. Mary Jo walks through the real numbers behind three policy structures — traditional whole life, 10-pay, and paid-up-at-65 — and shows exactly what a policy built for infinite banking does differently. $20,000 in premium can mean $0 cash value in year one… or $14,000 of access in 10 days. The difference is the paid-up additions rider, and if your advisor can't explain that, you have a problem. Mary Jo also breaks down why a 200-year-old, insurance-commissioner-approved product can't be &quot;a scam&quot; — and why you need to educate yourself before paying for advice from someone who hasn't done the reading. Chapters 0:00 — Intro &amp;amp; the warning (German passion incoming) 0:45 — &quot;My advisor said it's a scam&quot; 1:32 — Traditional whole life: the real numbers 5:44 — How infinite banking policies are structured 7:04 — The 10-pay policy trap 8:51 — Paid up at 65 11:00 — Why it can't be a scam 11:35 — The crab in the box 13:15 — Your job: educate yourself 16:45 — Closing &amp;amp; book your appointment 📩 Questions? Ideas for the show? Reach out: MaryJo@withoutthebank.com&amp;nbsp; 📘 Grab the Life Without the Bank book and your BYOB book → http://www.withoutthebank.com&amp;nbsp; 🎙️ Know someone Mary Jo should interview? Send it her way! #infinitebankingconcept #wholelifeinsurance #lifeinsuranceeducation #generationalwealth Audio Production by Podsworth Media - https://podsworth.com&amp;nbsp; Without the Bank Podcast https://withoutthebank.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/42493665/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/205253525