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Why I Don’t Sell Or Own Index Universal Life Insurance 🔥#IUL #WholeLifeInsurance
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So one of the reasons that I don't use index universal life insurance is the fact that when you run projections on in-force illustrations with actual policies, the internal rate of return is not that much higher than whole life.
Now the risks are much higher, the fees are much higher. The variables, the things that I can't control, those are all much higher.
And so when I look at okay, I can do pretty much the same annual return with a lot more risk, a lot more expense, a lot more variability. For me, the cons outweigh the pros and I don't think it makes sense to do.
If you enjoy this #Shorts video be sure to like, share, subscribe, and turn notifications on!
To Purpose, Wealth, and Freedom.
Jerry Fetta
Jerry Fetta is the CEO and Founder of Wealth DynamX. He is a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, New York Finance, interviewed on over 45 podcasts with world renowned experts, earning endorsements and affiliations throughout his career with names like Kevin O'Leary, Grant Cardone, Dave Ramsey, and Pamela Yellen.
Jerry’s mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.
#JerryFetta #WealthDynamX #LifeInsurance
(DISCLAIMER: The information in this content should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Wealth DynamX can and does not provide advice unless/until engaged by you.)
Now the risks are much higher, the fees are much higher. The variables, the things that I can't control, those are all much higher.
And so when I look at okay, I can do pretty much the same annual return with a lot more risk, a lot more expense, a lot more variability. For me, the cons outweigh the pros and I don't think it makes sense to do.
If you enjoy this #Shorts video be sure to like, share, subscribe, and turn notifications on!
To Purpose, Wealth, and Freedom.
Jerry Fetta
Jerry Fetta is the CEO and Founder of Wealth DynamX. He is a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, New York Finance, interviewed on over 45 podcasts with world renowned experts, earning endorsements and affiliations throughout his career with names like Kevin O'Leary, Grant Cardone, Dave Ramsey, and Pamela Yellen.
Jerry’s mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.
#JerryFetta #WealthDynamX #LifeInsurance
(DISCLAIMER: The information in this content should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Wealth DynamX can and does not provide advice unless/until engaged by you.)
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