Invest Like a Billionaire The Truth About Whole Life Insurance: Experts Debate (Part 2 of 2)
Jan 20, 2026
In this debate, financial experts Caleb Guilliams and Jim Dew tackle the contentious topic of whole life insurance and infinite banking. Caleb, a financial advisor and founder of BetterWealth, argues for strategic insurance use, while Jim, a wealth advisor at Dew Wealth Management, emphasizes practicality. They discuss the hype surrounding infinite banking, reveal common misconceptions, and critique the math that often leads to misunderstanding. Their insights into alternatives for accessing capital and the integration of insurance into financial plans are especially noteworthy.
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Bought Young, Left With A Banned Agent
- Ben bought an expensive policy at 26 after an aggressive sales pitch and later found the agent was banned.
- He felt stuck owning a policy he couldn't easily evaluate or revisit with that agent.
Infinite Banking Is A Capital-Use Framework
- Infinite banking is simply pooling capital to borrow against it instead of borrowing from banks.
- Caleb frames it as an emergency/opportunity fund strategy, not a Fed-overthrow tool.
Check The Math Before You Buy
- Avoid believing compound vs amortized interest math pitched by many infinite-banking promoters.
- Factor in taxes, insurance cost, and opportunity cost before assuming an arbitrage exists.
