An excerpt from the letter we've entitled, "The Regeneration," from Cleve Brantley's book

"This particular word occurs here [Matt. 19:28] and in Titus 3:5. That the word could have a different meaning in each case is inconceivable. That Paul makes the regeneration a present thing in Titus 3:5 is surely indisputable. He uses a phrase “washing of regeneration,” which he defines as a “renewing the Holy Ghost,” and this he says is an accomplished thing which God shed on us abundantly through Jesus Christ our Savior; that being justified by his grace we should be heirs according to the hope of eternal life (life of the ages, age abiding life). Look carefully at both these Scriptures (the word regeneration appears nowhere else in the Bible) and look at the words I have noted and you cannot escape the conclusion that being saved, entering God’s kingdom, eternal life and regeneration are all the same thing."