Added: 3 years ago
From: rgolshteyn
Views: 158,666
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  • Lol SWI

  • Dave Ramsey worked with us lol that is an amazing thing

  • I do agree with Dave about the benefits of term life insurance. But I did go with a term policy and a whole life policy to protect my family, in the near term and longer term. If you really need lifetime coverage, a permanent life insurance plan can provide the protection you need. But, if you start saving at a young age in a separate account for final expenses, you should have a good amount saved when the time comes. And, yes, I did lose money in 401k since 2008.

  • btw dave is awesome

  • Comment removed

  • The trash value troll - aka wodendog, insurancemike10, SuperLifeguy, jgilles85 ( a rip-off of a different user), Termisexpensive, aIprime1 (a rip-off of me), w8lifterdude & several other names that haven’t been seen since Google made users associate a phone # with their accounts, can’t attack Primerica or defend the trash value industry with out resorting to idiotic lies, spamming other users comments, using multiple aliases, & generally making a total fool of himself.

  • Stating that the rich don't use life insurance for retirement purposes is clear evidence of this guys lack of financial intelligence. There's tremendous amounts of cash value they can use to supplement retirement income. But more importantly there's the death benefit. By having the DB they can spend down their assets with no fear knowing the DB will provide income replacement should they die.

  • @aIprime1 clearly! He mentions "hypotheticals" in what a 52 yr old's scenario wud be w/ kids in their 20s out of the house. What about REALITY? Those same 20 yr olds can't find a job with their MBAs, have moved BACK home while retirement plan isn't "squeaking by" @ $700k but at $350k all the while HOPING his employer doesn't lay him off. A permanent life insurance policy w/GUARANTEES would go a lot further all in a tax-advantaged environment. And NO, I don't sell life insurance.

  • @matthewsapaulainc There’s no investment in a w/l policy. If you have a $100K policy & accumulate $10K in cash value & die, the company still only pays $100K. Given the fact there’s no cash accumulation for the first 2 to 5 years or more (I came across one recently with no cash accumulation for 15 years) you would have to hold these policies for decades before you could expect to break even (if at all). Since they cost 4 to 10 times more than term, few people get the coverage they actually need.

  • Actually the "rich" buy whole life because they understand how money works and they completely understand the incredible value whole life presents to their financial world. By having whole life they have an assest that pay about 5% tax free with substantial guarantees. in addition the death benefit which they use to transfer wealth to loved ones.

  • Jgilles85 please in the new year get a life

  • Ownedpuca is saying what? Term is good? Really? Less than 2% ever results in a death claim - then how does that protect families? Now Whole Life protects you for your WHOLE LIFE!!! See people this is why the rich buy so much of it. They understand the leverage of the death benefit and how they can spend down their other assets and use the death benefit for legacy and wealth transfer. Plus the love the 4-5% tax free returns on their cash with NO MARKET RISK!!! rich love whole life!!!

  • @Termisexpensive of course rich people love it, they are the only ones who can afford the premiums..rich people buy WL for diff reasons..they dont buy it for retirement purposes..they are rich, meaning they probably have stocks, mutual funds, bonds, investment products..chances are they already have wealth to transfer without needing any death benifit

  • @jgiIles85 u is dumass

  • FAMILY

  • YOUR 

  • PROTECT

  • TO

  • WAY

  • BEST

  • THE

  • IS

  • INSURANCE

  • TERM

  • JOKE

  • A TOTAL

  • IS 

  • LIFE

  • WHOLE

  • And best yet you get dividends which grow tax free and can be accessed tax free and grows both the cash and the death benefit!!!!

  • 3 - guaranteed cash value insuring you can never lose money with whole life no matter what the market does.

  • 2 - you get a guaranteed premium which can never increase - with term your premium is guaranteed to increase and in many cases it will increase far greater than the whole life premium.

  • 1 - you get a guaranteed death benefit which is important

  • You get 3 very important things with Whole Life

  • Whole Life is great!!!

  • This guy is nuts - Whole Life is the way to go - by far the cheapest long term, which is what life insurance it, LONG TERM!!! 3 Basic Guarantees - 1 - Guaranteed death benefit for LIFE, 2 - Guaranteed premium CAN'T increase - unlike the prohibitively premiums of term after the intial period of the term. 3 - Guaranteed cash values which means you can't lose money!!! You get it all back PLUS dividends which grow tax free and accessed tax free!!!

  • @aIprime1 As former id user Termisexpensive, I found the only true form of protecting your family is using Term insurance the rest is GARBAGE,

  • My my - my imposter is up to his old spamming tricks - doesn't want you all to see the truth nor does he have a intelligent response or debate to my points. Too funny - what a fool

  • He further PROVES what an incompetent, lying, loser, sleazebag of a troll he is by going back to spamming comments on every posting he‘s visited. He then posts & spams his own comments so he can look like a victim. He thinks this is clever.

  • The trash value troll - aka wodendog, insurancemike10, SuperLifeguy, jgilles85 ( a rip-off of a different user), Termisexpensive, aIprime1 (a rip-off of me), & several other names that haven’t been seen since Google made users associate a phone # with their accounts, can’t attack Primerica or defend the trash value industry with out resorting to idiotic lies, spamming other users comments, using multiple aliases, & generally making a total fool of himself.

  • ROFLMAO. Wit & experience? LMAO. The troll has to resort to spamming comments because he knows each time he posts something he makes himself look like an incompetent liar - which he is. What a colossal idiot.

  • So I see another Primerica fool has spammed all the comments below and is trying to come off like me - Too funny but it's ok - from your post we can clearly tell you are no match for my wit nor experience when it comes to the insurance world. As for your comment about "term only" company - that would be Primerica - the company with the most expensive term on the market. The company that markets to lower income families and rips them off with their high priced term. YEP - it figures.

  • As A former trash value salesman and former "termisexpensive" I must ask for forgiveness for all my posts that discredited companies that sell a term only product. I was misled by my bosses who told me that cash value was good. I can only go back to those poor families that I took advantage of and fix what I did.Again I am truly sorry.

  • The trash value troll - aka wodendog, insurancemike10, SuperLifeguy, jgilles85 ( a rip-off of a different user), Termisexpensive, aIprime1 (a rip-off of me), & several other names that haven’t been seen since Google made users associate a phone # with their accounts, can’t attack Primerica or defend the trash value industry with out resorting to idiotic lies, spamming other users comments, using multiple aliases, & generally making a total fool of himself.

  • He further proves what an incompetent, lying, loser, sleazebag of a troll he is by going back to spamming comments.