What's The Minimum Amount You Can Invest In A Tax-Free IUL?

The best way you can stash your money for the future may be in a tax-free Indexed Universal Life! In today's episode, I'm going to explain to you what it is and what the minimum amount is to get started in it. I'm going to go over some scenarios as well so stay tuned!

To your abundance!
Doug Andrew

Key Moments In This Episode
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00:35 I've been helping people with this since 1980
01:55 My average returns
03:15 If you're trying to set up a policy...
04:45 The Rule of 72
07:42 It's all about this
08:34 The LASER Fund

What To Watch Next
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How Much Does A Max Funded IUL Insurance Policy Cost?

Did you love this video?
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========================
How to Diversify and Create the Foundation for a Tax-Free Retirement

How to Lead Your Family/Business from “ME” to “WE”

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Music
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Song: LiQWYD - Glow (Vlog No Copyright Music)
Music provided by Vlog No Copyright Music

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Video by Nate Woodbury

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#3DimensionalWealth
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[Thepersoneverywhere]

Thank you for your video. I wish all insurance advisors would listen to this kind of videos to help their clients :)

[velvet_moon_]

You are so easy to follow. Thank you for sharing all of this information!!

[awaljoseph]

Thank you!
The information is yielding fruits my mentor

[est]

I listen to this to broaden my knowledge to help my clients

[fatboy]

My first time hearing of IUL. Got my attention. Thank you

[mshultz]

I wish I met you 12years ago. I am ashamed I passed by IUL back then. SMH. I will be getting your book. When I'm done reading it, I'm sure I will be contacting someone on your team. THANK YOU SO MUCH.
MATADDA

[fenellacorden]

I live in Australia.. we don't do this in this country as it was abolished some years ago and superannuation came in and you can only access your super for investing in realestate when you manage your super yourself which is not bad but you can't use the money as its only for your retirement. Can you think of how I could invest in the IUL from this side of the world as this is an amazing thing. Thank you Doug.

[mariolagunes]

Mr. Andrew, thank myou so much for the video, you just open my eyes to a whole different world. On another note, would it be possible for you to make a video about Kay-Zen insurance and name the difference from a regular IUL, pros and cons if possible?? Thank you so much in advance.

[sailingonasummerbreeze]

So I understand how this works: I pay $500 a month, a part pays for the insurance policy, part invests. The investment portion compounds over a number of years, similar as to what if I put this money into an ETF like the S&P500. When I want to take the money out - I have to take a loan against the cash value of the investment portion, and pay interest on that loan back to the company, even though it is technically my money? Or - is none of it my money, all of it now belongs to the Insurance Company, I only get to borrow against what I paid in? When I die, the insurance is portion is paid out. What happens to the cash value portion if I die and I did not take a loan against that? What kind of 'management' fees can we expect? Generally, we want to minimize fees. I am leery that there may be a lot of hidden fees.

[sikskillz]

hi. great video. is this like a whole life? or does this generate more profits?

[victhbrick]

Thanks for your video. Question, when and can I borrow from a 500, 000 policy from start to the end? And how much can I borrow?

[bigwhilly]

Can I use any insurance company to invest what would you advise?

[andremckenzie]

So if I understand you correctly are you saying that if we are contributing to the policy monthly what ever we deposit can fluctuate each month whether its $500, $1000, $2000?

[Mikelaury_world]

Hi Doug I came across your video couple days ago. Several years ago... I always heard about life insurance but I never heard of an iul how can I get on board I did a Google search and this is the top company that came up.. North Western mutual what you think please point me in the right direction. I am 48+ Thank you.

[carinakenny]

I already have an IUL but I want to lower the monthly payment for some months. I need that number please

[InspirationPartner]

Doug, I'm retired and want to simply deposit pre-taxed money into a fund that will return a minimum of 8%. It sounds like this >>may<< be the vehicle. If this vehicle works we need to know how the distribution's would be distributed.. Are distributions monthly, quarterly, bi-annual or annual? Obviously the returns need to mature. I'm guessing an annual distribution is suggested. I am not familiar with insurance policies one can pull their money out of in bulk unless it is from taking a loan against present value. We need to understand this concept better. Will be ordering the book. Would like to speak with someone.

Is this a program that can be used if one is already retired and wishes to simply make a one time deposit? While I do not consider myself wealthy in today economy there are serious dollars that I have and would like to earn tax free dollars for my family Trust. When I pass and the account pays out, it's tax free dollars, that money can be returned to a new set of LASER accounts and continue? Correct?

I have not read the details in your book so I'd like to also ask, at age 67 is this even an option using insurance. I would be making a significant deposit.

Can I place say $100, 000 in an account for each of my 6 grandchildren? to be held in Trust till they each reached age 40?

[trentjessee]

Another huge value added video Doug! Question though.... what happens if you don’t pay the full GSP within the life of the policy?

[alexserna]

Hey Doug, I’m a 19 year old active duty member with an insurance license i got about a year ago. I’m in the works of setting up a policy for myself through my mentor of a $1 million death benefit to structure an IUL that contains a maximum monthly payment of $1079, a target premium of about $420 (which is affordable now) and a minimum of about $330 i think it was. Considering some policies I’m working on and the commissions thereafter, I’m definitely planning on pumping the maximum premium allowable into this policy at my age to best benefit from the long term growth. Was wondering if this was the best option for my age and current financial situation.

[strangergranger]

When paying a premium, how much % goes to the policy and how much goes to the cash value???

[OvertIntelligence]

What if I have 500 eventually I want to have a million dollar cash value and so I will eventually put lump sums but just not at the start what do I do. Is it just have increasing death benefit on make sure it’s not mec and know what the 7 pay period resets when influx of cash is introduced?? Please give a nugget 💯