The Responsible Teenager
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5:06
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The 780 thousand is tax free too. But even if it wasn't I would rather pay taxes on 780 780 than no taxes on 394 740, since it is retirement money and no one is dumb enough to withdraw the whole amount at once. Guys do your research before you buy UL or Whole Life. The amount of people that actually benefit from this kind of policies is very small and it's definitely not the average house hold from 30 to 150 K a year
nocashvplz 1 year ago
This guy is a joke. You couldn't sell your policy to the 1 year old and now you are trying the 18 year old. He is an alternative. You are a responsible parent and want to start an investment for your child. Put the same amount of money in an indexed mutual fund- that's where your UL insurance is- roth IRA and at age 65 assuming the same ROR that you suggest, the 18 year old could have 780 313. You see what a joke you are. The commission you got paid to sell your super retirement plan was huge.
nocashvplz 1 year ago