Treat cash value life insurance as an additional tool to save money. It can be a powerful thing if properly planned. This is the money from the investment side that you can use for anything you want. If you have any questions please feel free to leave it in the comment section.
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Thank you! You explained it so well. I now have a better understanding. 🙌🏽
This is amazing thank you
I don’t understand any of this it’s so damn complicated I’m 30 and I just know if you die it has benefits but it’s so complicated
So basically I need not ever borrow because I do not have any retirement savings smh.
Can you help me understand if you pay 200 a month for a cash value of whole life insurance how much can you pull for a loan out in half a million policy but pay 200 a month for year with 5 perent return.
Can this strategy be used in the UK?
hoop mixtape opening song XD
Which company is the best to sign up? And what policy is the best. 250k-500k?
what is a premium?
Best company to go to?
You borrow from what you put in every month? or you can borrow from the cash value you set before signing the policy?
Should I get this if I plan on retiring early?
Life insurance cannot be called an investment! That’s the first thing we learned as a life insurance agent. That’s a big No No!
Should I take out cash value or don’t touch it at all?
Investing so you can borrow from yourself to have "generational wealth". How but just be disciplined enough to pay for term life and invest in growth stock mutual funds with a much much greater return. Any kind of whole life or cash value scheme helps insurance companies make bank…
Simple Question, what happens to the cash value when I die?
Great video, thanks for the value!
great news
Does cash value build interest?
This is how cash value works
Let’s say you have a bank. These are the terms for this imaginary bank
1. Can generate 0 to 5 interest
2.Whatever you put in the bank, you will have zero the first 1 to 5 years
3. Once you have gains in your cash value, you can take it out but borrowed. You must take out a loan(it’s your money) and will have to pay 6 to 8 percent interest on that loan.
This is how cash value works
Do you still want cash value? Not a smart investment
I’m 32 single no kids I want a cash value I can access in let’s say 10-15 years would it make sense ?
Is this worth buying for a soon to be senior in high school?
Great video!