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    Good policy?

    @livingontheedge So don’t invest in an Roth IRA ahaha
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    How do numbers play out for an IUL in terms of cash accumulation

    @tannerking1 “Target prey” is a horrible way to describe a potential customer. Further demonstrating how garbage IULs are
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    How do numbers play out for an IUL in terms of cash accumulation

    @tannerking1 The 7% return every year will never happen. While it may the “average” it is not the actual. iULs are complicated and they are garbage. Wall Street attempt to get into life insurance
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    Guidance on VUL policy

    @isohyeoh How is it underperforming if it’s guaranteed to grow and never a year where you have to put more in than your first payment? Also it is more of a safe haven for my money. Let it accumulate in there and when an opportunity arises I can access the money, while it’s earning interest and...
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    Guidance on VUL policy

    @isohyeoh Your lack of knowledge about the product is showing. The guaranteed rate, which they’ve paid above for 175 years is after fees. One bad year in the Snp and you’ve lost more than any fees inside a policy. Imagine a down year in the snp plus inflation eating at your dollars. Not...
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    Guidance on VUL policy

    @isohyeoh I’ll take guarantees over “rolling the dice any day” my insurance company just paid a 5.75% for the second year in a row and that makes 175 consecutive years of paying a dividend(aka above the guaranteed rate). So I’d rather take that and have complete access to my money where I can...
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    Guidance on VUL policy

    @justviv Cash value whole life with a mutual insurer is also tax free and you have guarantees associated with it. Significantly less risk, if any at all and the policy is not designed to MEC
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    Guidance on VUL policy

    @justviv High chance that it will become a MEC or cannabalize itself. What is your goal with your policy? They never perform as illustrated. So they look good but they don’t perform nearly as good
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    Universal Whole Life Policy

    @rabshield Do you have a whole life or an index universal life policy? There are some dangers with an IUL that are not present with a whole life. Does the death benefit increase? I’m assuming it does
  10. C

    CANCELLED OUR IUL THAT WAS SOLD BY A FRIEND

    @jane3322 I also disagree with the term and investing the rest but that’s probably because I have a cash value WHOLE LIFE policy. If you’re still interested I’d recommend reading confesssions of a CPA and Becoming your own banker
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    CANCELLED OUR IUL THAT WAS SOLD BY A FRIEND

    @jane3322 These IUL agents are gonna ruin the industry for everyone. Let me guess, they said the words, “infinite banking” “0 loses” “compounding interest” “cash value life insurance”
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    Do they make life insurance complicated for a reason?

    @teey Research infinite banking and it will all become clear. Don’t get sold on infinite banking with an IUL though. Cant work that way
  13. C

    Question on Universal Life Insurance

    @clark_kent This “advisor” should never give advice again
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