EF Hutton’s insight was clear: if you want to reposition $500,000, don’t aim to buy as much life insurance as possible. Instead, focus on maximizing your funds with the least amount of insurance.
For example, if you’re 60 years old and want to put $500,000 into an indexed universal life policy, you can manage with just a $1 million death benefit. You don’t need $5 million or $10 million. While you could get that much coverage, it’s not advisable because it would consume all the interest earned on your $500,000.
The goal is to maximize your policy’s benefits with minimal insurance coverage, ensuring optimal growth and returns.
To delve deeper into these strategies, I highly recommend my book, The LASER Fund. It retails for $20 on Amazon, but I’ll gift you one for FREE. Claim it at laserfund.com and just cover the shipping! #shorts
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