306: How Wealthy Families Use Whole Life Insurance as a Family Bank with Brock Fortner

Have you ever wondered what makes the wealthiest families, like the Rockefellers, so successful? They don't try to maximize the return on every dollar. Instead, they build diversified portfolios with different assets serving different purposes to provide liquidity, stability, and access to capital when opportunities arise. That's why I'm excited to welcome Brock Fortner back to the podcast. Brock is a wealth strategist at Stone Century Financial and a longtime member of the Lifestyle Investor Mastermind who has become one of my most trusted resources on dividend-paying whole life insurance. I've personally used whole life policies for nearly 25 years to store cash, fund investments, and create greater flexibility with my capital. In our conversation, Brock and I challenge some of the conventional thinking around asset allocation, the traditional 60/40 portfolio, and the idea that every dollar needs to earn the highest possible return. We also talked about teaching the next generation to think differently about money and some of the costly mistakes people make when choosing and structuring life insurance. **In this episode, you’ll learn:**  ✅ **The incredible benefits and flexibility of using whole life insurance** in your cash and fixed-income portion of your portfolio. ✅ **How borrowing against your policy creates liquidity** to quickly capitalize on new investment opportunities. ✅ **How wealthy families use whole life insurance to build a family banking system** and transfer wealth for multiple generations. **Show Notes:**http://lifestyleinvestor.com/199LifestyleInvestor.com/306 **Tax Strategy Masterclass** If you're interested in learning more about Tax Strategy and how YOU can apply 28 of the best, most effective strategies right away, check out our BRAND NEW Tax Strategy Masterclass: www.lifestyleinvestor.com/tax **Strategy Session**  For a limited time, my team is hosting free, personalized consultation calls to learn more about your goals and determine which of our courses or masterminds will get you to the next level. To book your free session, visit LifestyleInvestor.com/consultation **The Lifestyle Investor Insider** Join The Lifestyle Investor Insider, our brand new AI - curated newsletter - FREE for all podcast listeners for a limited time: www.lifestyleinvestor.com/insider **Rate & Review** If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts**,** Spotify**,** or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review. **Connect with Justin Donald** - Facebook - YouTube - Instagram - LinkedIn - Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.