Комментарии:
this is a giant scam Bernie madoff style. you pay massive premiums for years you get nothing for its all front loaded commission. then you "build value" that earns between .01 to 1 percent apr and if you do take a loan they lend your own money to you and you pay yourself back and they charge interest.... if you die they pay out face value so if you have 100,000 in value and its a 100,000 policy y they pay 100,000 and keep your 100,000 "value".
it's a scam. nothing but a scam don't do whole life ever.
One of the things I fear is not having enough money to cover emergencies, if/when they arise, or feeling cash strapped for any reason. So, let's say I have $50k in savings. If I open a whole life policy, over how much time should I take to roll my savings into that policy and how long would it take before I could take a $50k loan against the policy?
ОтветитьI have a whole life insurance policy. The cash value grows so slowly. The better thing would be for me to grow my Roth IRA because it is tax free. Everything you said is correct but growing after insurance expenses at 4 %, it does not satisfy me.
ОтветитьPeople...get term life and invest. Leave this trash alone.
ОтветитьWhole life is for dumb people.
ОтветитьHello, Your content has motivated us and now we are looking for someone to assist us in setting it up correctly. Would you have any recommendations of a Life Insurance agent that knows how to set up our future LI policy correctly?
ОтветитьWhole life is TRASH
ОтветитьWhat about the basis you have paid into the policy? I thought you get taxed on cash values greater than the amount of premium you’ve paid in
ОтветитьLol way to know the bare minimum about this topic before spouting off about it to the world
ОтветитьThis is a scam…run!
ОтветитьThis sounds so scammy.
ОтветитьI appreciate the flexibility of the life insurance policy, allowing me to customize coverage to fit my family's needs.
ОтветитьCan you please explain how one deals with someone wanting to kill you for the money thang?
How do wealthy protect themselves from that?
You can grow tax free in a Roth IRA AND THENA WITHDRAW ALL OF IT 😂
ОтветитьWhat is your website link and what is the pros and con?
ОтветитьGreat way of presenting these concepts!!
Ответитьwhich is the best insurance company to begin a policy?
ОтветитьI have a renewable term life insurance policy I pay $40 a month and if I die he kicks out 1.4 million. That's real generational wealth. It would be ideal to put your money somewhere and let it grow. But the reality is that when you take money out of a life insurance policy you do have to pay it back so it's still not your money. This sounds great but it's all bs
ОтветитьThis woman is brilliant, and explains so damn well!
ОтветитьWhat happens if I put 100,000 in a 100,000 policy !!!
ОтветитьAre there some companies better than others? How do you research them?
ОтветитьWatch the ramsey show. Infinite banking is a scam!
ОтветитьWow, this is great information
ОтветитьI earn almost 5% interest on my discover savings account
Ответитьwhat kind of insurance is the cash value?
Ответитьi want a plan like the 60/40 and im putting in $10K up front.. do i still have to make monthly premiums still? also, i thought the loan we get from the insurance, the interest goes to them and not to our bank? if the interest goes to our bank then its no brainer, we must take loans out to invest..
ОтветитьMy question
Is can i do this with a Long term disability Insurance?
Or, can i do this with a short term disability Insurance thru work?
Fails to mention the loan you get from the insurance company will require you to pay interest on the money you take out
ОтветитьPeople grappling with the difficulty of meeting essential expenses often encounter this situation due to inadequate savings during their working years. The decisions taken in readiness for retirement carry extensive consequences, as demonstrated within my own family dynamics. Despite my husband and I having equal tenure in civil service, differing investment approaches yielded disparate results. Guided by a financial advisor, We are both retired and still earn monthly from our investments.
ОтветитьI have questions. Advise how to contact you.
ОтветитьYou have never heard of a Roth IRA, clearly.
ОтветитьWow!!! Best video!!! I totally understand this now!!!
ОтветитьCan you take out a loan on the insurance policy? So I mean say the insurance cover is 500k can I take a loan of like 50k and do some investing n then when u die you’ll just pay of the loan with the insurance anyway
ОтветитьCan I get insurance at 56yrs.
ОтветитьCan you take multiple life insurance policies with different companies?
Ответитьhow much interest rate is have to pay when i borrow the money from my whole life insurance, and the interest rates what i pay are they earnings for the insurance company? or is that money our credit to compound together with the remaining money in the whole life insurance?
ОтветитьHello! Hope all is well. Can you get a life insurance policy like your explaining if a person is in there 40s? Whats the age life if any? Last, whats the name of this particular policy? Or is this standard?
If you can answer these questions, i would GREATLY APPRECIATE IT!
Thanks in advance
Can a returning citizen get Life Insurance policy?
ОтветитьA lot of false information in this video. First of all, you typically do get penalized when you cash out the policy. 2nd, the money you pay into the policy only yields a profit of about 2%, which does not kick in until you have put money into the policy for several years. On the contrary, you can invest that money into mutual funds and get an average rate of return of about 10%. 3rd, if you die while having the policy, all your beneficiary receives is the face value of the policy. All the money you paid in as well as the investments gained are kept by the insurance company. It is a smarter idea to get a term policy which costs an average of 1/20th the cost of a whole life policy, and invest the other 95%.
ОтветитьThank you for this valuable information
ОтветитьHow do we pay into the policy monthly outside of the monthly premium
ОтветитьI have access to my retirement as a loan at 0%. Is it possible to take that out and get a policy and then get a loan on the policy to repay the retirement and collect interest on both?
ОтветитьI used to have life insurance and I changed jobs and have no LI anymore...never received any money back. Is it possible to get some of the money?
ОтветитьWow you explained it so well. thank you!
ОтветитьNice bat here in England and Europe there's no policy as you described ok no worries all the best for you to
ОтветитьWow!
ОтветитьHello. My name is Akil. I enjoyed this video, and I actually learned a lot. I am an individual who is still learning about this. What is the professional way to ask an agent that I want an insurance policy that's going to guarantee the highest return? Could all agents get me to that $5,000 a year or are there hidden truths behind it?
ОтветитьPlz tell what is your monthly payment for a 700k policy. Cause I'm getting quotes of $140 a month for $20,000 for some companies
ОтветитьMy insurance agent said I have to wait three years before I can get loan from my policy. She it true?
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