Let’s address another myth: “Level is the devil.” Many IUL agents think this way, especially if their main customer base is in their 30s and 40s. For a 30-year-old, using the increasing death benefit can be appropriate if they’re contributing $500 a month without any lump sums. That’s okay.
But the problem is too many agents sell IUL at target premium. If you’re lucky enough to earn 7% or 8%, you’re only going to net 2% or 3%. Instead, you need to take the least amount of insurance you can get away with so that if you earn 8%, you net 7%. Additionally, you need to diversify and rebalance.
That’s the biggest problem with most IUL agents. They don’t structure the policies to maximize returns for their clients.
Learn how to optimize your IUL strategy and achieve financial independence faster and smarter. Click on the link below, contribute a nominal amount towards shipping, and I’ll cover the rest. I’ll send you a hard copy of my insightful book.
Visit laserfund.com to claim your FREE copy of The LASER Fund book, just cover the shipping. #shorts
#3DimensionalWealth
#FoundationalHealth
#IntellectualHealth
#FinancialHealth