Considering a Indexed Universal Life for your financial future but wondering about myths you’ve heard?
There’s a myth that IUL is simply a permanent life insurance policy with cash values invested in an index mutual fund. That’s not true.
IUL allows your money to be LINKED TO the market, but not actually IN the market. That way, if the market tanks, your cash value is protected by a 0% guaranteed floor. And when the market goes up, your policy earns, tax-free.
To see how it compares, look at those who had money in IUL policies to those with index mutual funds in 2008.
People with money in the S&P 500 index fund in 2008 lost 40% of their account value.
Our clients did not lose a dime due to market volatility in 2008. In fact, in the first 90 days of 2009, they locked in gains of 16% tax-free.
Indexing is not the same as an index mutual fund.
Learn more about this powerful financial tool in my book or risk missing out. #shorts
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