@itserinconfortini: Replying to @ilovepenny420 Replying to @ilovepenny420 my thoughts on whole life insurance as a wealth building tool #moneytok #financialliteracy #genzfinance

Erin Confortini
Erin Confortini
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Region: US
Saturday 09 July 2022 14:32:40 GMT
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bflsolutions
BFL Solutions :
I make commission on term insurance also. . So should you not buy term because I make commissions? Lol every product has its place.
2022-07-11 02:14:52
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michael.nathaniel.ornate
Michael.Nathaniel :
True they are not for everyone but provide amazing tax benefits when used correctly.
2022-07-10 03:35:02
12
trolu18
Daniel Springs :
term life isn't worth it either if you're young. whole life does have a place in estate planning it that's not your average consumer
2022-07-09 19:56:05
13
sgeorgetter
sgeorgetter :
Forbes also recently did an article about this in light of all the folks on tiktok pushing these policies.
2022-07-10 18:25:52
23
lorilynzabransky
lorilynzabransky :
SIS THANK YOU 👏👏👏 IULs are incredibly complex and only make sense for a smallllll subset of the population
2022-07-10 14:26:21
6
alex_cosentino
Alex Cosentino :
As a financial advisor, Unethical people try to sell it to you as a wealth building vehicle. WL has many uses but any who tries calls it that is not
2022-07-12 04:12:10
0
profoundlyunapologetic
profoundlyunapologetic :
Having worked on many estates I will say that people who use their whole life policies as banks instead of loans & credit cards fair better financialy
2022-08-28 19:50:55
7
nannausa2.0
nannausa2.0 :
does anyone forget tgar you can barrow against your policy tax free and a lower interest? way better than any loan.
2022-09-19 19:14:35
3
someone31415
Someone :
newbie here. What is the difference between whole and term life insurance?
2022-07-10 07:15:15
0
robscott655
Robynscott80 :
Correct, Permanent life won’t beat the market, but as a structured product can provide value in a portfolio given downside protection
2022-07-11 04:25:26
2
finster1967
Series 7 Whisperer :
This discounts the fact that most people WONT invest the difference
2022-07-11 04:14:33
2
lexii974
Lex :
VULs are different than whole life
2022-07-12 23:21:28
0
chief_jacinto
Joejacinto :
Has anyone ever heard of the Rockefeller family
2023-02-21 21:10:47
3
vanessa.lameda
Vanessa Lameda :
Do you know policies have living benefits don’t you? What happened if you have an accident and can’t work anymore? Are you protected against that?
2022-07-24 15:33:10
1
johnj.lee
John J. Lee :
Whole life can be part of a diverse portfolio.
2022-07-27 21:25:29
1
user81379156423
User1 :
“Anyone who tells you that it is will earn a commission” facts
2022-07-11 18:08:16
1
jc3rna
JC3rna :
I have both and if you actually do your research you can make them work for you.
2022-07-09 17:30:41
1
tict0kd0c
user1626813203290 :
2. If you have 2 million in guaranteed whole life insurance then u can spend 2 million more in retirement knowing that ur estate will get 2 mill later
2022-07-30 05:40:25
1
yorate8356
yorate8356 :
Interesting view… I have worked in personal and business financial/wealth management for over 5 years and… 1/2
2022-07-15 04:26:14
0
cghodo
cghodo :
There’s so many TikTokers fresh out of college selling these insurance products with lies about them being a secret of the rich and it’s depressing
2022-07-14 20:44:55
0
sammy2g3
Sammy :
Here is a fact, most people will spend the difference.
2025-09-07 03:24:14
0
cidermaker666
PaulzHobbies :
I assume it’s your notes or script you keep glancing at… great info here though.
2022-07-15 12:40:51
0
yourfinanicalguy
Daniel Trombley :
Very well said
2023-01-25 04:26:58
0
livininadaze
livinglife :
I am confused!!! He said a life insurance would be better then a term. I am 55
2022-10-15 05:29:27
0
bryanorourke
Bryan O'Rourke :
correct
2022-07-09 16:57:02
0
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