Whole Life vs IUL--What Works Better for the Volatility Buffer Strategy?
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- Опубліковано 29 кві 2024
- Is IUL better than Whole Life insurance? What's best for a tax free retirement strategy that also acts as a good volatility shield?
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How do most of you guys still make profit? Even with the downturn of the economy and ever increasing life standards
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager
She is Mrs Hattie Glover
Interesting, please how can i get more information? i don't want to remain out of ignorance.
Crypto and NFTs are bringing a different revolution in the world economy. People are optimistic investors earn consistently. Others will just sit and watch.
This is correct, Hattie's strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started..
Next recovery could take 15 years or more with all the debt in system. How much we need to substane for that
I have a question for you David. Your saying IUL has a zero loan interest rate because the insurance company matches the rate on your cash value to match right. I have this on my WL policy (direct recognition) my loan interest is 6% and the company pays me 6% on the amount if thr loan. That being said if you dont pay it back in either IUL or WL wont the interest each year compound on itself and depending on your balance can potentially run into a problem down the road. I say having more than 3 years is a better approach and maybe instead of taking a loan just withdraw the money, it will still be tax free up to your cost basis. Once yoir coat basis is gone you can use the loan feature.
If the amount they’re charging you is offset by the amount they’re crediting you it’s a wash and there’s is no negative compounding. My question for you: is your 6% charge and credit on your Whole Life policy guaranteed in your contract? If not, the company is giving itself wiggle room to charge you a net loan rate somewhere down the road.
Thanks David, with the IUL, you have a zero floor when the market drops. However, with whole life insurance, does that still apply?
The growth in whole life cash value is not linked to the upward movement of any market index. You can’t lose money but it’s for an entirely different reason.