But he still got blindsided several times by the totally unpredictable ups and downs of the stock market.

Derek Logan with his newborn granddaughter

As a corporate accountant for more than 30 years, Derek realized he had set – and achieved – all of the goals he set for himself… except for the goal of being able to retire at a specific age with a specific amount of money.

Disheartened and frustrated because he was closing in on his hoped-for retirement age, but his retirement account had been decimated several times, he began to do a lot of soul searching.  He was willing to be open to other alternatives.

Fortunately, my best-selling book landed on his kitchen table as a Father’s Day gift… and the rest, as they say, is history.

Derek started a Bank On Yourself-type policy just a little over two years ago and couldn’t be more thrilled, now that he’s stopped feeding the insatiable Wall Street Casino with his hard-earned dollars.

When the market recently experienced historic levels of volatility, Derek sent me this grateful note…

As the market went down, I smiled.  Not at the anguish so many must have been feeling, but at the joy of knowing I wasn’t being affected – this time, or ever again.  I printed Thursday’s headlines (512 point plunge on the Dow) and included them in my Bank On Yourself portfolio notebook that will serve as a reminder of the best financial decision I’ve ever made, two years ago this month!”

Derek is an enthusiastic champion of the Bank On Yourself method, having shared it with over 50 friends, relatives and colleagues.  So he was thrilled when I asked him if he would share his fascinating story with you.  Whether you already use Bank On Yourself, or you’ve been considering adding it to your financial plan, I know you’ll get immense value from this fast-paced interview.  And you’ll probably identify with Derek’s frustration.

You can listen to the interview by pressing the play button below, or you can download the entire interview as an MP3 and listen on your own player or iPod…

You can also download a transcript of the interview here.

In the fast-paced and fascinating interview, you’ll discover…

• The five lies Derek realized we’ve been fed about investing (this will blow you away)
• The myth of investing in the market “for the long haul”… and why Derek now demands his savings and investing strategies give him guarantees and assurances both now and for the long term
• How Derek has already used his policy to become his own source of financing three times in the first two years of starting his plan – once again confirming how these policies are different from the ones Suze Orman, Dave Ramsey and others talk about
• Where Derek found the money to fund his plan
• Why “buy term insurance and invest the difference” is really “buy term and spend the difference”
• Why requesting a free Analysis and getting a referral to a Bank On Yourself Authorized Advisor was one of the best moves Derek ever made

You can listen to the interview by pressing the play button below, or you can download the entire interview as an MP3 and listen on your own player or iPod…

Download the transcript here

Check out these other Bank On Yourself success stories that may also be of interest to you:

• Bank On Yourself under the microscope (a Vice President of technology engineering for a major health care company shares his findings of hundreds of hours he’s spent analyzing Bank On Yourself)
• What side of the debt line are you on? (how Bank On Yourself can help people who’ve accumulated debt – as long as they are ready to change their habits)

We want your feedback!

Tell us what YOU think of Derek’s interview in the comments box below…

If Bank On Yourself is so good, why isn’t everyone already doing it?

Here’s why…

If you browse the personal finance section of any bookstore, turn on the TV or open a magazine on finance, you’ll discover that 99 out of 100 financial “gurus” will insist that whole life insurance is a lousy place to put your money. Most will recommend you buy term life insurance instead and invest the difference in mutual funds.

That’s in spite of the fact that, had you invested in an S&P 500 index fund for the past 12 years, your nest-egg wouldn’t have grown at all. And that doesn’t even factor in 35% inflation during this period!

Suze Orman & Dave Ramsey

But I’m getting a little ahead of myself. Part of the problem is these financial experts know nothing about the specially designed type of dividend-paying whole life policy used for the Bank On Yourself method…

It’s not really their fault. Out of 1,500 major life insurance companies only a handful offer a policy that has all the features required to maximize the power of this concept. That’s one reason it’s not even mentioned in most industry training programs.

And the fact that an advisor who helps a client implement a Bank On Yourself-designed policy takes a 50-70% cut in commission could be another reason why you haven’t heard of this before now.

So how is a Bank On Yourself-policy different from the kind of whole life policies Suze Orman, Dave Ramsey, David Bach, and others talk about?

Here are three key differences:

Key Difference #1: These experts say the money you can have access to in the plan (your “cash value”) grows too slowly in a whole life policy, and say you typically won’t have any cash value at all in the first few years.

A Bank On Yourself-type policy, however, incorporates a special rider or option that turbo-charges the growth of your money in the policy so you have up to 40 times more cash value, especially in the early years of the policy. This allows you to use it as a financial management tool from Day One.

Don’t take our word for it – here’s a statement from a Bank On Yourself-designed dividend-paying whole life policy, at the end of just one year.

And here’s an article that reveals the rate of return of a properly designed Bank On Yourself type policy. It puts traditional investments to shame, and it does that without the risk or volatility of stocks, real estate, gold, commodities and other investments.

Each plan is different, so to find out how much cash value you’ll have each year – guaranteed – request your FREE Analysis here.

Key Difference #2: Most financial experts, including Suze and Dave, write about policies where your death benefit stays level for the life of the policy.

However, in a dividend-paying whole life policy, dividends can be left in the policy to purchase additional coverage, while at the same time growing your cash value in the most efficient way possible. This policy statement shows you how the death benefit keeps growing, and proves these policies are different from the ones Suze and Dave talk about.

Please note that this statement is from a policy I started before I learned about Bank On Yourself, and it has grown much more slowly than a policy designed to maximize the power of the Bank On Yourself concept.

Even so, this policy has left my mutual funds and real estate investments in the dust.

Key Difference #3: The financial experts often rant about how, when the policy owner dies, the insurance company “only” pays you the death benefit and keeps your cash value.

But with a Bank On Yourself policy it’s very different, as you can see on this policy statement. It shows you how, had I died on the date this statement was issued, my family would have received a check for more than the original death benefit AND the cash value in the policy combined!

So I am throwing out the gauntlet to Suze, Dave or any expert who wants to challenge me. Just name the time and place!”

I’m so confident that they’ll come around once they get the facts about Bank On Yourself, that I’ve reserved a special place for their endorsements along with the trusted experts who have already endorsed Bank On Yourself.

And remember, Bank On Yourself will beat anyone’s best financial strategy or we’ll pay you $100,000!

No two policies are alike, because each one is tailored to the clients unique situation. So your results will be different. To find out what your bottom-line numbers could be, and how much your financial picture could improve if you added Bank On Yourself to your financial plan, request a free Bank On Yourself Analysis. There’s no obligation.

Be a fly on the wall and watch as our hidden video camera captured Suze Orman and Dave Ramsey discussing Bank On Yourself!