Why DAVE RAMSEY is WRONG About Life Insurance 🔥🤡

Показать описание

7 Figure Squad

Рекомендации по теме

Комментарии

Well that’s why I have a Roth IRA, a 403(b), an HSA, a pension plan, and brokerage accounts. 🙄

BrokeMillionaire

sounds like an insurance agent who has vested interest in you buying insurance Dave is just doing math

kellenstolp

Dave doesn't promise you'll be rich when you're old. He says it's cheaper to buy term and save the money you would have otherwise spent on whole life insurance.

hermanwooster

So glad the comment section saw right through this guys BS.

DumbBros-Gaming

Old rich people pay that life insurance policy up front. It's used to avoid taxes not as a death benefit. I wish people would stop manipulating the truth.

jamesmcd

Get a cheap term policy and invest the rest on your own. Ask these sleazy agents where they make their largest commissions?

USMCAllTheWay

You have to ask the question. Which insurance is most profitable to the insurance industry. Always been life insurance. We carried term when we were young and 2 small whole life for burial costs. My agent has been riding me for twenty years to create a legacy through life insurance. I asked on one occasion who's legacy, my family or his.

JohnJohn-wrjo

He is completely ignoring Dave's argument FOR term insurance. You carry term life insurance until you have built the wealth that makes you SELF insured. You build your legacy, you don't rely on whole life for it. This is pure salesman subterfuge.

michaelleskauskas

You're right, when I'm 70 or 80 I should have saved and invested to build up something I could use and leave behind for my loved ones. The term is just insurance while I work my way there

flex

This coming from a guy who sells whole life insurance Mon-Fri, and used cars on the weekends. The orange shirt and tie gives it away.

insideoutsideupsidedown

You pay less for term insurance so that you can invest in a tax free Roth the difference to build wealth and self insure later.

PurveyorOfCuriosities

Only insurance agents thinks life insurance is gold. Average investor knows life insurance is a waste of money.

jackstar

The first part is right on. I cancelled all my life insurances when my income from investments exceeded my families basic needs. I was about 36

opureho

I’m better of investing in stocks and real estate.

obrienortega

Years ago I bought a term like insurance policy, paid on it for years before I realized unless I died within 20-25 years I wouldn’t have a enforced insurance policy at death. I contributed all of my ignorance about term life insurance to the sales person who sold it to me. I can’t get any of the money I paid into that policy back not even a small portion. Now I’m 76yrs old with a small 10k pension policy from a pension I receive from a job I worked back in the days when unions were popular and being vested on a job meant something.

lorettasellers