Edward Jones Irony - Variable Universal Life Insurance

Of all days for this variable Universal Life Insurance illustration to find its way to me. The day I do my take on Edward Jones. Weird, eh?

[factshurt]

Your own money TAX FREE. And you still have cash you can take out tax free as the total including your “loans” are still generating interest. Money generating machine at that point. Cost of insurance is based on what the difference is between your cash value and death benefit. Try to get that kind of cheap insurance in those later days

[spreadgeorgia]

1:42 sounds more like a blackrock bond account. 100K investment and later it's 95K.

[brian]

The benefit your missing is on the advisors end which is commissions and annual renewals. Don’t see any benefit for the customer.

[keithsanico]

Is this Term Insurance and you invested the difference to a Tax Free basket?

[sergiosantana]

Great presentation Josh. is this considered income and does it affect your taxation of social security

[jeffraines]

Come on Josh. You can bench press more than that 😁

[TERMINTOR]

Could someone acting as a fiduciary sell this product, where is fiduciary line drawn?

[jeffraines]

I've had this for 15 years. I've put in 75k and have a cash value of 113k with no surrender charge. I've never tried to figure out what ROR I've got, but it has served it's purpose

[RetireWithLess]

Hey Josh, Do you like Return Of Premium Term Insurance?