“This plan has outperformed my expectations. It will secure my financial freedom and leave a legacy for my next generation.”
-Dr. Paulo P., New Jersey
“I want to thank Joe Overfield, and his team at Intelliplan Financial for the great work in setting up my whole life insurance plan. I appreciate their knowledge and patience in helping me understand how to maximize the plan’s performance.
I first heard of Bank On Yourself at a business seminar, where Pamela Yellen was speaking. I realized that becoming your own banker through a properly structured whole life insurance policy was a guaranteed way to make money and have the money work for you.
Joe designed a whole life insurance plan that gives me liquidity, growth, and security. This plan has outperformed my expectations. It will secure my financial freedom and leave a legacy for my next generation.
I have recommended Joe to my friends and family, so they can get started securing their financial futures. Keep up the great work, and thanks again! KAIZEN.”
“Unlike other investments, Bank On Yourself has delivered in all areas. It continues to grow and has become a great money maker.”
-Joe S., Ohio
I started working, in 1969, at the age of 21, shortly after discharge from the Navy. At the time 401(k)’s were just becoming popular. Naturally, I followed suite and bought into the 401(k). At the same time, I started an investment into a Universal Life policy that promised great interest rates and growth, as well as, the option to take out loans.
To make a long story short, after 40 some years, both the investments proved to be unstable and eventually were costing me extra money just to keep them in effect.
In 2011 I discovered Bank On Yourself. I became acquainted with Joe Overfield and he has guided me through the process of application and servicing. Joe has been very professional and, most of all, very personable in our venture.
Unlike other investments, Bank On Yourself has delivered in all areas. It continues to grow and has become a great money maker. The greatest feature to me is the ability to borrow money from myself and at the same time the policy continues to grow. It is a great source of income for a retiree.
My only regret is that I did not discover Bank On Yourself and Joe Overfield years earlier. Sharon and I are very satisfied and plan to take out a second policy in her name soon.
“. . . On a road of financial success that made complete sense.”
– Bob and Heidi B., Ohio
“After hearing radio commercials about Bank On Yourself for a period of time, I ran across a book by the same title from Pamela Yellen in an airport bookstore. I saw it while waiting for a connecting flight and promised myself that if the book was still there on the return connecting flight I’d buy it. Well, the book remained and I bought it – best money I ever spent. I read the compelling stories of those who did not ‘get rich quick,’ but actually talked about a better way to use the resources they already had to save and become their own financial support structure. I was placed in contact with Joe Overfield to discuss this new found concept (not knowing it had been around for a long time). Joe graciously worked with Heidi and I to set-up a plan and set us on a road of financial success that made complete sense. He answered all of our questions and patiently helped us to understand the power of the means we already possessed.
So you understand, we are not rich people. I work for a non-profit organization and Heidi was a stay-at-home mom for 18 years and is now a middle school administrative assistant. When introduced to Bank On Yourself we were on the verge of three daughters going to college, and the probability of weddings that would ensue. All three girls were in college for one year AT THE SAME TIME! Because we started the plan when we did, there was no way we could save for all of their college expenses, but we were able to build the policy while sending our daughters to private universities. With our daughters working through school and us using our Bank On Yourself policy as we go, we have seen two of them complete those private university educations with very little debt. In addition, and here’s the kicker, we have been able to use our Bank On Yourself policy to pay off some of the government loans AND pay for two weddings (on a budget) in the same year! How crazy is that?! Without the policy in place, I’m not sure if we could have done that.
We’re thankful for Joe and his team, who walked us through this process and continue to advise and counsel us. Now, to complete the job with one more daughter’s education and, Lord willing, see her married too. We’re even crazy enough to believe that we may be able to fulfill a life-long dream of owning a boat. Ultimately, the Bank On Yourself policy will build a retirement income that our 403b Policy (the 401k for nonprofits) will never come close to touching. Our only regret in all of this?… We didn’t know about or start this earlier.”
“When Joe explained that a whole life policy could be much better with the proper riders attached, I kept listening. And when he described the tax advantages, I was fully onboard…”
-Dan W., Ohio
“When I first heard the radio ads for the Bank On Yourself method of investing, I thought it was just another infomercial tease that promised more than it would deliver. At the time, I had my long term investments in an IRA, a 401(k), savings bonds, and cash savings. The savings bonds and cash accounts were pretty safe but the returns were low and getting lower. The IRA and 401(k) followed the ups and downs of the stock market so making good mutual fund picks for them relied on hindsight with the standard disclaimer that ‘past performance is no guarantee of future results’. The Bank On Yourself ads promised a better way with guaranteed, predictable long term results. Right. I was skeptical but with nothing to lose, I requested my free analysis from the Bank On Yourself website.
Within the next day or two, Joe Overfield contacted me and started answering my questions. I knew that Whole Life insurance could be used as an investment but since I never heard much more than that, I assumed it was just a low return investment like bonds or cash savings but without the liquidity. When Joe explained that a whole life policy could be much better with the proper riders attached, I kept listening. And when he described the tax advantages, I was fully onboard.
Although the Bank On Yourself policy works well as a personal bank for loans, I was mostly interested in using it as a way to safeguard my retirement assets. I plan to use the IRA, 401(k), and cash accounts to fund the policy until I can start using its cash value for my retirement income.
As Joe promised, the performance of the policy has surpassed the guaranteed results each year so that day may arrive sooner than predicted.”
“…I am grateful that we have the policy as the foundation of our investment portfolio. It gives us peace of mind…”
-Amy A., Indiana
“My husband, Stacy, first heard of Bank On Yourself during a radio advertisement in 2012. He told me about it and we agreed that we would like to learn more. It seemed too good to be true—life insurance, cash value, retirement income, guaranteed returns, no market fluctuations, etc.—but we were intrigued and decided we did not have anything to lose by researching it a bit. We signed up to get more information and we were contacted by Joe Overfield shortly thereafter.
Joe set up a conference call with us to explain Bank On Yourself. He opened our eyes to many pitfalls of traditional investing that we had not seriously considered before. As a CPA, I was even more skeptical than Stacy but Joe did a fantastic job explaining the concept and patiently answered our numerous questions. After much consideration, we decided to purchase a policy for me.
We just started our sixth year of funding my policy. Each year, Joe schedules a six month and an annual review with us to discuss how it is performing compared to the original projections. We have been pleased with the results so far and are quite comfortable with our decision. I recently had my annual review with Joe and I am grateful that we have the policy as the foundation of our investment portfolio. It gives us peace of mind against fluctuations in the stock market and financial security with the option to borrow against the cash value when we need it. Our daughter will be starting college next fall and our son recently got his driver’s permit so we know there will likely be occasions that we will need to borrow from the policy in the future.
Throughout the years, Joe has been readily available to answer our questions and guide us as needed. He is professional and has our complete confidence. There are many financial advisors that will discourage people from having whole life policies but this is a unique concept worth considering and it must be structured properly to maximize the benefits. We highly recommend you contact Joe to learn more about it so you can make an educated decision for yourself.”
“. . . it has grown at a steady pace without suffering any market hits.”
-Mitch B., Arizona
“It was 8-9 years ago, I was driving to work and I heard a commercial about Bank On Yourself. I’ve saved money the traditional way through money market accounts, 401(k)s, etc., but this one peaked my interest. I bought into the plan, but I never understood its full potential nor could I explain it to anyone else without them looking at me cross-eyed. My interest in Bank On Yourself was for retirement, but most of what I heard related to using your money for vacations and buying cars.
Fast forward 7 years. I survived the 2008 recession, my 401(k) took a tremendous hit but it has come back, I’ve invested monthly into my Bank On Yourself plan and it has grown at a steady pace without suffering any market hits. Enter Joe Overfield, President of Intelliplan Financial.
I was introduced to Joe in 2014 by Whitney Rhinehart, COO at Intelliplan Financial. Joe has helped move my Bank On Yourself fund in the right direction and has been invaluable for planning my retirement. He is persistent, friendly, knowledgeable and returns your calls. Never in the time I have dealt with financial planners, have I found any that have the competence and thoroughness demonstrated by Joe.
As a CPA and a tax professional, I tend to be rather meticulous about my finances and look to a financial planner to display similar qualities and respect for my finances. Joe exceeded all my expectations. He helped move my 401(k) into a more sensible and secure financial vehicle, right before the Chinese stock debacle, saving me a lot of money and headaches. In addition, I was able to take a sizable loan out of my Bank On Yourself plan as a down payment for a new home. It took 3 days with absolutely no hassle.
If I haven’t already said this, Joe is highly competent, friendly and he even laughs at some of my jokes! What more can you ask?”
“. . . the BOY method has been one of the best things I could have ever done.”
-Jim D., Pennsylvania
“I first heard about Bank On Yourself about 3 years ago. I was driving home and heard an ad on SiriusXM® radio. I briefly looked into it and thought ‘Oh man another scam reporting to be everything since sliced bread…..’ Just sounded too good to be true.
After some research I figured I owed it to myself to at least reach out to find out more information. I am generally a very skeptical person, so if I had someone to grill, I would quickly ferret out any funny business.
I was contacted by Joe Overfield and we had about a 20 minute conversation. It was enough to get me more curious and setup another phone meeting with my wife (an even larger skeptic than I). The meeting went great, I learned how the Bank On Yourself concept actually works, how my 401(k) really worked or did not work and even my wife had a hard time punching holes in the logic.
I set about finding some money to start up a Bank On Yourself account but did not go too crazy on the off chance that this was still too good to be true. After the first year, my review was fantastic, the growth in my account was better than expected. I had also at that time read the Bank On Yourself book and that was that. I was in whole hog and have not regretted it one bit.
Currently I am using the Bank On Yourself account to fund school, HOA dues and to start to pay down some credit card debt. I estimate that within 2 to 3 more years I will have enough in the account to use nothing but Bank On Yourself to fund everything including my mortgage payments!
Dealing with Joe Overfield, Intelliplan Financial and the Bank On Yourself concept has been one of the best things I could have ever done. I really do wish I had done it sooner. Joe and Intelliplan Financial are responsive, compassionate, not in the least bit pushy, and extremely well versed in the ‘ins and outs’ of the Bank On Yourself concept. There has not been a question that they have not been able to answer about Bank On Yourself. I have given them my trust, which if you knew me is not an easy thing to gain.
Thanks for getting me hooked, Joe.”
“. . . We no longer worry that our 401(k)s will not be enough when the time comes to retire.”
-Steve and Tiffany S., Tennessee
“With an unstable and volatile market, we began looking for alternative retirement options. We were also looking for a way to leave a legacy to our two young children, so they needn’t worry or struggle in the future. We came across the Bank On Yourself philosophy. We began speaking with several agents, and felt most confident with Joe Overfield.
We have been clients for four years. Joe takes time to get to know his clients’ needs and goals. He is quite knowledgeable in all aspects of Bank On Yourself.
We have assurance that our family’s future is more secure, and we no longer worry that our 401(k)s will not be enough when the time comes to retire.
Our only regret is not starting this 20 years ago! Thank you, Joe, and your entire team!”
“. . . I can now sleep comfortably.”
-Jeff S., Ohio
“I first learned about the Bank On Yourself concept about five years ago.
At first, I was a bit skeptical of the idea. In fact, a friend of mine had created a policy for me that really wasn’t what I was looking for because the policy was tied to the stock market. After speaking to my brother, he recommended that I call Joe and that he would guide me in the right direction.
I called Joe the very next day and he spent a few hours on the phone with me. What impressed me the most after telling Joe what my goals were, was the fact that he explained in great detail what the whole concept was, how it works, and more importantly, he didn’t give me the feeling that he was ‘just selling me a policy.’
I’ve been working with Joe now for about three years and feel extremely confident that I’m going to reach my goals. I now sleep comfortably at night knowing that I can retire on my terms and nobody else’s.”
“. . . We are proof that this works.”
-Helen S., Ohio
“A few years ago, I heard about the Bank On Yourself concept. I was intrigued enough to request information, but as I am the skeptical sort, I gave a fake name on the request form (Joe and I still laugh about my fake name.) and after we received the preliminary information we wanted to know more.
Bank On Yourself CEO, Pamela Yellen, said: ‘The best time to plant a tree is 20 years ago. The next best time is today.’ That phrase really made sense to me. Of course I wish I had known about this earlier in my life. However, my attitude was ‘This is where we are now, so let’s get started.’
Even though we didn’t know anyone who had done this, we persevered. Several friends and colleagues who we approached on the subject were completely ignorant about it and ‘pooh-poohed’ (for lack of a better description) what we had done.
Did it look too good to be true? Frankly, yes… but the logic behind it was irrefutable. So on we went.
Our policies performed exactly as Joe predicted and after five years we utilized the loan option to purchase a new vehicle. We were able to pay that back rather quickly, but were amazed by the ease of taking out the loan. Our policies continued to grow, exactly as Joe had predicted at inception.
Just recently, we utilized the loan option again to purchase a lake cottage! I could go on and on about the joyfulness of this little adventure, but as it would not be of interest to the general reader, I leave it to your imagination…
You cannot receive the answer unless you are asking the question. We were questioning. Our minds were open to a new idea. Joe had the answer.
We live in great appreciation that we were brought together with Joe and the Bank On Yourself concept. We are proof that this works and if we could do it, anyone can. Plant that tree – NOW!”
“…I can have full control over my finances through the Bank On Yourself concept…”
-Larry E., Pennsylvania
“I first learned about the Bank On Yourself concept from an ad on SiriusXM® radio about four years ago. While being driven by what I like to term ‘herd mentality’ into believing that return on investment (ROI) was the only way to build a comfortable retirement, I’d always wondered if there was another way. Floating around in my mind was the idea that our grandparents had good pensions to carry them through their retirement years along with their Social Security, so maybe there was a way, despite most companies getting away from pensions, to build my own sort of private pension plan.
I did a little research to find out what the primary vehicle was that gave pensions the perceived stability (at least in my mind) to learn it was by virtue of insurance. While never having heard of Bank On Yourself, the ad piqued my interest. I made my first contact with Joe Overfield, and while highly anticipatory of learning about this previous unknown concept to me, my perhaps overly analytical nature drove me to question Joe to the limit of his patience. To Joe’s credit, he endured and eventually convinced me to take the leap of faith and chart a course off the proverbial ‘beaten path,’ if you will. I can’t say enough about Joe’s willingness to calm my fears as skepticism crept into my thoughts over these past few years where traditional financial planning had consumed my psyche in the way it does most. Like most, my paradigm domain was strictly in the realm of hoping and praying that Wall Street was going to be the ticket to financial and by extension retirement freedom. Joe has gradually picked away at that Wall Street mold and I’m very happy to say has caused a paradigm shift in my approach to my finances!
Among the many things Joe has taught me is that I can have full control over my finances through the Bank On Yourself concept rather than the government having all the control through traditional methods of saving for retirement and financing by way of being my own bank and not having to rely on traditional institutions to finance my life.
Among the many (but not all inclusive) benefits that are of particular note in my mind for the Bank On Yourself concept are as follows:
- Growth, principal and dividends that are unaffected by market forces.
- A means to balance out inherent risk in traditional investing vehicles with the stability of this vehicle as a ‘foundational planning’ mechanism/strategy.
- No taxes in retirement (not even on growth and dividends!) when while typically on a fixed income individuals can least afford the potential for the government to increase income tax rates. That’s right, they can and most likely will considering we are in 30 year income tax bracket lows. Just ask Joe.
- Non-inflated numbers (like a 401k), which prohibits a false sense of security.
- Annual statements to show in black and white that you’re at least on track, if not doing better than what was initially illustrated/forecasted.
Policy loans can be taken and repaid completely on your own terms using your insurance benefit as effective collateral.”
“Joe gave me peace of mind with the policy; I knew it was much more secure than traditional 401(k) funds…”
-Gwen K., Ohio
“When I first met Joe Overfield, it was about six months after I ran across a featured article written in a well-regarded sales guru, Jeffrey Gitomer’s, weekly E-Zine. The author was Pamela Yellen, founder of a retirement savings planning strategy called Bank On Yourself. The article intrigued me enough to do research about this new concept, order Pamela’s book about Bank On Yourself, and read it over a single weekend. That book compelled me to learn all I could online. I also decided to get the free financial evaluation offered at the end of Pamela’s book. Joe’s office called and scheduled my appointment within two weeks. What I realized about Bank On Yourself at that first meeting was invaluable, but what I discovered about Joe was even more revealing.
As the new owner of Ohio’s first ‘The Tutoring Center’ franchise location in Columbus, I was eager to move my previously accumulated 401(k) retirement funds to a vehicle that was more flexible for me to access as I started my new business and would allow me to shed my reliance on traditional lending and interest payments to bankers. Yet equally important was that it be much more secure than playing stock market roulette with my retirement savings. I wanted to start a Bank On Yourself policy.
I fully expected the financial planner I met that day to be more motivated to get my retirement funds than I was to invest them, but I was genuinely surprised by Joe’s commitment to my best interest. Joe had gone through starting a new business and, knowing the financial challenges, wisely advised me to devote all my funds at that time toward getting my business off the ground and profitable. He knew better than I, how much I would need the cash those first few years. I was impressed he would recommend something to me that seemed contrary to his own interests and I found that approach refreshing.
Five years later I reached out to Joe again. I now had a stable business, income to invest, and a desire to fast track my retirement investing. Joe took the time to learn about my goals and financial situation so that he could create the most beneficial Bank On Yourself policy to achieve my target in the time frame needed.
Joe gave me peace of mind with that policy; I knew it was much more secure than traditional 401(k) funds and it assured me retirement income coupled with life insurance I would also need.
After just the first year, I was pleased it was performing better than Joe initially projected. Because of Joe’s professionalism and his integrity to do what was in my best interest, even if it was not in his, made me realize Joe Overfield and Intelliplan Financial would be my financial advisor from that point on.
Since that initial investment decision, I recently sought Joe’s expert guidance about taking an early withdrawal on a pension fund available to me long before retirement. He recommended an investment option I would not have considered. Once Joe shared the drawbacks of my initial intention and patiently explained the immediate and long-term benefits of another option, it made the decision easy.
Thanks to Joe and Intelliplan Financial, I now feel extremely confident that I have a secure and diversified approach to meeting my retirement income and life insurance financial needs and that feels good.”
“Today, my family is blessed to be on the path of financial security with fewer worries about the ‘what-ifs’ in life.”
-Mike F., Ohio
“With the plethora of investment options in the marketplace, I began the process of sifting through the rhetoric to find a solution that provided stability, accessibility, and tax-favorable growth. My goal was to establish a foundational and conservative financial strategy to compliment my wealth planning. During my research, I stumbled across Bank On Yourself and was introduced to Joe Overfield.
Fast-forward five years, my lifestyle has evolved, I got married, created a family, and started a business. Joe navigated each life event in stride with me, eerily anticipating my needs, by providing guidance, insights, and solutions along the way. Joe is personable and knowledgeable. He is a consummate professional.
Today, my family is blessed to be on the path of financial security with fewer worries about the ‘what-ifs’ in life. I consider myself fortunate to have met Joe, and only wished it was ten years ago! Cheers.”
“I can honestly say that seven years into the plan I’m seeing exactly the benefits that were described to me.”
-Nancy C., Ohio
“Security and retirement planning aren’t always part of a freelance musician’s portfolio, so as I reached my middle years these became real questions. Was I too late to really have a secure nest egg?
Thankfully, my boss happened upon the Bank On Yourself book at an airport bookstore, read it, and suggested that I needed to read it as well. I’m very glad that he did that, for the book introduced a financial plan that could fit with my lifestyle and future plans.
Joe was very thorough and low key about the presentation, describing how the plan worked for him, and helped me see how it could work for me, too. I can honestly say that seven years into the plan I’m seeing exactly the benefits that were described to me. I’ve taken a small loan for a project and paid it back, and I’ve seen the planned growth of my funds as they match the yearly estimates discussed in my first conversation.
Looking towards the future I am now confident that it wasn’t too late to start, and I feel secure that the Bank On Yourself plan does exactly what it promises – and more! Joe and his team are a pleasure to work with in what has become the ‘shared’ goal of my financial security. I know that they can do the same for you!”
“For 6 years now my cash and life insurance values have been within 98% of what was projected. We are now believers in the system.”
-Scott F., Ohio
“In 2011 I heard a radio commercial advertising Bank On Yourself. At the time I was 47 years old and had no savings for retirement. Since I have a financial background, it was fairly easy for me to understand the concepts. The idea of having access to the cash values the policies provide was very intriguing to me but my wife was very skeptical.
When I started the policy, I was given a 40 year illustration that projected my policy values after each year. For 6 years now my cash and life insurance values have been within 98% of what was projected. We are now believers in the system. I now have one daughter with her own policy and plan on starting another daughter on one.
I was always looking for some sort of investment vehicle that was not tied to the stock market. As an accountant I would see people watch the value of their 401(k) accounts swing wildly. I watched my parents lose half the value of their investments in 2008. I did not have the stomach to let my investments be subject to that. The stable, predictable growth of a Bank On Yourself policy was exactly what I was looking for. I go to bed each night with no worries knowing that my money is growing safely.
The greatest benefit I have gotten from having a policy is the ability to withdraw funds by taking a policy loan. I was able to withdraw money to cover some large family dental bills. I then made monthly installments back to the policy to pay back the withdrawal. I did not have to deal with going to a bank or finance company to get the money I needed.
I just borrowed it from my own ‘Bank.’ A few years later I was able to withdraw funds to invest in the purchase of a business. I now am part owner of a very profitable business. My partner and I are planning on investing in additional policies to protect our investment in the business and to generate cash values for future investments in the business.”
“. . . wish I had known about this type of policy years ago.”
-Judy D., Ohio
“I woke up one day and realized that I was 62. I knew people that were retiring and my date of retirement was fast approaching. I had not put as much money as I had wanted for my plan to live well past 90yrs old.
I did not want to put money in the retirement accounts I had because even though they were conservative in the investments they were in, I wanted something a little more stable and liquid.
I spend a good deal of time traveling in my car and one day I heard an advertisement about Bank On Yourself. I was not to sure if this was for real so I did my research on the web. I found that this was not an unusual type of investment and different names for the concept are used by other companies. I got the free disc and book and read and researched some more. I then took the step to call the 800 number and I was put in touch with Joe Overfield.
I explained what I was looking for and thought that Bank On Yourself would work, but I did not quite understand how it worked. I needed money for use in retirement but I needed liquidity. Joe was very good in explaining the policy and benefits.
I have purchased 2 policies for myself that I am funding over 7 years. I have borrowed on one policy with only having to fill out a form and fax it to the insurance company. Money was deposited into my bank account. No questions, not on my credit report. Simple. I filled out the form telling how much I would pay per month. Again no questions. All is going as planned.
Even though I am paying taxes on the money I put into my accounts now, I will not be paying taxes if and when I use the money (I plan on using it!). Unlike the retirement plans I have, there is no set time in which I have to start taking money out.
I have an account for my granddaughter that she will be able to keep and use when she older. In the meantime, I am the account owner, she is the insured.
I like the fact that I
ntelliplan Financial calls me twice per year and we discuss the plans in person or over the phone. Each time we talk I understand it more and wish I had known about this type of policy years ago.
PS – I would encourage people to read the BOY books and see how other people have used these accounts. It is like being your own banker.”
“. . . I have obtained information from other sources about this concept which all the more assures me that I made a good decision.”
-Jim S., Ohio
“I am a CRNA practicing in the north central part of Ohio. I want to tell you that I have been working with Joe Overfield for a couple of years now and would highly recommend his services.
I am nearing retirement age and was looking for a way to protect my investments. I was interested in the Bank On Yourself concept and contacted Joe for more information. He has a very low key approach and is always willing to answer questions, no matter how many times I ask the same ones. He put together a program for my individual needs and this far it has lived up to all expectations. Since I have been working with Joe, I have obtained information from other sources about this concept which all the more assures me that I made a good decision.
Joe Overfield tailor-made an investment product for me and my family and I am sure he can help you with your financial needs.”