@taxfreemike: Replying to @emerson14555 Life insurance is never an investment! That's exactly why it works. Using #cashvaluelifeinsurance in #retirement is primarily as a #safemoney savings vehicle to diversify. A #lifeinsurance policy doesn't have the risk of loss. Investments do. You can lose #money in any investment, which is why it's a good idea to have substantial savings outside of the market. Life insurance just happens to be the best performing safe money vehicle and enjoys substantial tax benefits. All the #compoundinterest your money earns is available tax free! If you want to learn more about setting up your own policy for safe money growth, comment "wealth" below! Or just book a free call! #financialliteracy #taxfreeretirement #generationalwealth #smartmoney
And where do these insurance companies invest their premiums? Hint it’s equities. You’re providing your customers a worse return in the long run every single time.
2024-10-16 23:43:25
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