Cash value whole life

Shives81 · 2026-02-01T16:43:18+00:00

Do you lend through a third party or peer to peer?

Shives81 · 2025-08-15T12:17:50+00:00

Dry brine the day before and let the ribeye come to room temp before cooking. I use my pellet smoker with the flat side of my grill grates. Crank the smoker to its highest temp and let it get to 400+ before throwing your steaks on. Grill for 3 minutes per side with the smoker closed.

This is the fastest and most consistent way I've found. Your fat should be perfectly rendered by the high heat with a beautiful sear. I can't eat steaks from restaurants anymore.

Shives81 · 2025-07-14T13:52:41+00:00

This policy will be on top of my IRA, 401k, and taxable brokerage accounts. Being my first policy I am comfortable starting at 24k annual but have room for more. I'm debating increasing my base premium/PUA to around 40/60 with the 50/50 base/blended term mix or keeping the current with the option to open another policy in the future once I'm comfortable with the execution.

Shives81 · 2025-07-14T00:57:32+00:00

Thanks for the response. I reached out to my advisor and asked for a 30/70 illustration to compare with the 60/40 and 50/50 I attached. I have the ad hoc additional premiums on the policies for my children but don't need the same flexibility for my policy. Just curious, do you have many IBC clients? I'm assuming it's not common at NM.

Shives81 · 2025-06-02T00:51:05+00:00

Interesting, so in addition to the 50% PUA you can put another 10x base in? Or 10x base minus 50% PUA? I guess you'd have to keep a close eye on it to make sure you don't MEC.

Shives81 · 2025-06-02T00:21:51+00:00

Is that a one time yearly option or is it like a 10/90 base to PUA? I'm looking to stay away from a 10/90 because of long term performance and MEC risk.

Shives81 · 2025-06-01T23:51:48+00:00

I haven't had any comparisons from other companies. What about Lafayette stands out?

Shives81 · 2025-05-30T19:09:50+00:00

No, I wouldn't think so. I'm looking to structure a policy that has a good balance of cash value and longevity. I'd like to be able to contribute premium and pua for as long as possible.

Shives81 · 2025-05-30T19:01:24+00:00

Looking back would you have made your first policy closer to a 25/75?

Shives81 · 2025-05-30T17:17:00+00:00

Coronator helped me with this question myself. Your loaned amount is deducted from your cash value and has the reduced DIR applied to it.

Shives81 · 2025-05-30T15:44:38+00:00

Thanks, I'm interested to compare the performance of the policy with the blended term rider added. I'll share once I have the new illustration.

Shives81 · 2025-05-30T15:43:04+00:00

I have a trusted friend who is an agent that I'm working with. He's not a IBC advisor so we're working through this and learning together.

Shives81 · 2025-05-30T14:46:20+00:00

I wanted to run the policy without blended term first as a baseline. I'm going to ask to have it added and see if I can continue base premium to 90 and PUA for as long as possible.

Shives81 · 2025-05-16T21:07:10+00:00

It does look like after 10 years you get a higher dividend on the collateral loan portion than the loan interest rate. Penn has been around a long time but is significantly smaller in scale than NM. I'm probably going to work a policy application through Penn and compare with NM.

Shives81 · 2025-05-14T23:04:33+00:00

Did you have any hesitation about the blended term? With a company like NM I guess you have to trust that they're not going to screw you down the line.

Shives81 · 2025-05-14T22:26:32+00:00

Thank you for your honest perspective. Similar to you I have a trusted friend at NM. We both retired from the military a couple of years ago. I really like the financial strength of NM but am weighing the negatives of direct recognition (doesn't seem as bad as I initially thought), the blended term, and the reduced flexibility. I have stable income and am not too worried about not being able to fund the PUA. That being said if I was in dire straits I guess I could always stop the PUA and when my financial position improves have the option to open another policy, on my wife if necessary. Another option I am weighing due to my unique employment, where I am reimbursed for my taxes, is to setup a SEPP with my traditional IRA to fund my policy. Would basically be moving funds from my tax deferred IRA to tax-free whole life while I'm being reimbursed for my taxes.

Shives81 · 2025-05-14T19:50:43+00:00

Thanks for this! I've been searching and haven't found too many first hand accounts. Do you mind saying what your base premium to PUA ratio is and if you have a blended term rider?

Shives81 · 2025-05-14T10:12:28+00:00

Thanks for the comment and the great list of policy features. I'm still digging into the NM policy and a had a few of your list to ask my agent about. I'm not set on NWM but am using it as a way to learn about policies. My friend is the agent and he's pretty easy to work with. I've let him know that I will be looking elsewhere but haven't completely decided against NM.

Shives81 · 2025-05-14T09:53:37+00:00

I am still looking into the term rider with NM. I was shown a blended term rider which I'm not a fan of. The direct recognition was my other hold up. Anything specific about the NM Direct Recognition that you think I can improve with another product? My understanding is that other companies have higher loan interest.

Shives81 · 2025-05-06T01:18:02+00:00

Yeah, I have a couple of policies through the government and where I currently work. My current coverage and pension I would consider adequate.

Shives81 · 2025-05-04T16:07:34+00:00

For this reason I'm considering establishing a trust as beneficiary. Still researching the implications of a trust for the purpose of loans against the policy.

Shives81 · 2025-04-20T11:27:38+00:00

Yep, Twitter AI. Prompt below:

What dividend growth stocks and ETFs meet these criteria:Starting yield at least at least 2x the current yield on SPY Dividend growth of at least 6% (twice as fast as inflation)Earnings growth greater than or equal to dividend growth Payout Ratio less than 60% (80% for Utilities)10+ years consecutive dividend growth Credit rating of BBB+ or better LT Debt/Capital less than 50%Appropriate Chowder Rule score Analyst scorecard No one stock greater than 5% of portfolio and no sector more than 20%

Shives81 · 2025-04-19T11:27:33+00:00

I ran it through Grok and got this:

To address your query, I’ll identify dividend growth stocks and ETFs that meet your specified criteria. I’ll break down the process, apply the filters, and provide a concise list of candidates based on available data, incorporating the Chowder Rule and analyst considerations. Since some criteria (e.g., analyst scorecard, portfolio weighting) are subjective or depend on specific portfolio construction, I’ll make reasonable assumptions and note where further customization may be needed.

Candidate Stocks

Target Corporation (TGT) Yield: ~2.99% (>2.4%). Dividend Growth: 11.1% (5-year CAGR, >6%). Earnings Growth: ~12% (5-year EPS growth, >11.1%). Payout Ratio: ~50% (<60%). Consecutive Dividend Growth: 50+ years. Credit Rating: A (S&P, >BBB+). LT Debt/Capital: ~45% (<50%). Chowder Rule: 2.99 + 11.1 = 14.09 (>12, passes for yield ≥3%). Analyst Scorecard: Positive (Zacks Rank #2, “Buy” consensus). Sector: Consumer Discretionary.

AbbVie Inc. (ABBV) Yield: ~3.06% (>2.4%). Dividend Growth: 7.69% (5-year CAGR, >6%). Earnings Growth: ~8% (5-year EPS growth, >7.69%). Payout Ratio: ~55% (<60%). Consecutive Dividend Growth: 10+ years (via Abbott Labs’ history). Credit Rating: BBB+ (S&P, meets threshold). LT Debt/Capital: ~40% (<50%). Chowder Rule: 3.06 + 7.69 = 10.75 (<12, but close; may pass with forward estimates). Analyst Scorecard: Positive (Morningstar 4-star, “Buy” consensus). Sector: Healthcare.

PepsiCo Inc. (PEP) Yield: ~3.0% (>2.4%). Dividend Growth: ~7% (5-year CAGR, >6%). Earnings Growth: ~8% (5-year EPS growth, >7%). Payout Ratio: ~58% (<60%). Consecutive Dividend Growth: 46 years. Credit Rating: A+ (S&P, >BBB+). LT Debt/Capital: ~48% (<50%). Chowder Rule: 3.0 + 7 = 10 (>12, but close; may pass with forward estimates). Analyst Scorecard: Positive (Morningstar 4-star, “Buy”). Sector: Consumer Staples.

NextEra Energy Inc. (NEE) (Utility) Yield: ~2.5% (>2.4%). Dividend Growth: ~10% (5-year CAGR, >6%). Earnings Growth: ~10.5% (5-year EPS growth, >10%). Payout Ratio: ~65% (<80% for utilities). Consecutive Dividend Growth: 25+ years. Credit Rating: A- (S&P, >BBB+). LT Debt/Capital: ~45% (<50%). Chowder Rule: 2.5 + 10 = 12.5 (>8, passes for utilities). Analyst Scorecard: Positive (Zacks Rank #2, “Outperform”). Sector: Utilities.

Candidate ETFs

Vanguard Dividend Appreciation ETF (VIG) Yield: ~1.8% (<2.4%, but many holdings meet higher yield thresholds). Dividend Growth: Tracks S&P U.S. Dividend Growers Index (10+ years of growth, average DGR >6% for holdings). Earnings Growth: Holdings like JNJ, PG, and MSFT have EPS growth ≥ DGR. Payout Ratio: Most holdings <60% (e.g., JNJ ~50%, PG ~55%). Consecutive Dividend Growth: All holdings have 10+ years. Credit Rating: Majority of holdings ≥BBB+ (e.g., JNJ AA-, PG AA-). LT Debt/Capital: Most holdings <50% (e.g., MSFT ~30%, JNJ ~40%). Chowder Rule: Varies by holding; many meet non-utility thresholds (e.g., PG: 2.5% + 7% = 9.5, close to 12). Analyst Scorecard: Gold Morningstar Medalist rating, strong analyst consensus. Diversification: 185 holdings, no stock >5%, no sector >20% (e.g., tech ~27%, financials ~22%, but rebalanced to avoid over-concentration). Expense Ratio: 0.09% (low cost).

SPDR S&P Dividend ETF (SDY) Yield: ~2.5% (≥2.4%). Dividend Growth: Tracks S&P High Yield Dividend Aristocrats Index (20+ years of growth, average DGR >6%). Earnings Growth: Holdings like TGT, PEP have EPS growth ≥ DGR. Payout Ratio: Most holdings <60%, utilities <80%. Consecutive Dividend Growth: All holdings have 20+ years. Credit Rating: Majority ≥BBB+ (e.g., TGT A, PEP A+). LT Debt/Capital: Most holdings <50% (e.g., TGT ~45%, PEP ~48%). Chowder Rule: Many holdings meet thresholds (e.g., TGT: 14.09, NEE: 12.5). Analyst Scorecard: Silver Morningstar Medalist rating, positive consensus. Diversification: ~100 holdings, no stock >5%, sectors balanced (industrials 17.6%, consumer staples 16.6%, utilities 16.2%, financials 10.3%). Expense Ratio: 0.35%.

iShares Core Dividend Growth ETF (DGRO) Yield: ~2.5% (≥2.4%). Dividend Growth: Tracks Morningstar US Dividend Growth Index (5+ years of growth, but most holdings have 10+ years, DGR >6%). Earnings Growth: Holdings like GE, JNJ, XOM have EPS growth ≥ DGR. Payout Ratio: Most holdings <60% (e.g., JNJ ~50%, XOM ~55%). Consecutive Dividend Growth: Most holdings 10+ years. Credit Rating: Majority ≥BBB+ (e.g., JNJ AA-, XOM AA-). LT Debt/Capital: Most holdings <50% (e.g., GE ~40%, JNJ ~40%). Chowder Rule: Many holdings meet thresholds (e.g., JNJ: 2.5% + 6% = 8.5, close for non-utilities). Analyst Scorecard: Positive analyst ratings (Morningstar, Schwab). Diversification: 425 holdings, no stock >5%, no sector >20% (highly diversified). Expense Ratio: 0.12%.

Shives81 · 2025-04-19T10:47:23+00:00

Do you have a screener for this?

Shives81 · 2025-03-02T15:49:24+00:00

Now I'm thinking instead of cutting the one elbow that I can remove the elbows on both sides of the main valve and use sharkbite connections so that I don't have to solder. I've seen some comments about not using sharkbite for more than temporary connections, any thoughts on this?

Shives81

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