cover of episode 10 Reasons You Should Avoid Indexed Universal Life Insurance (IUL)

10 Reasons You Should Avoid Indexed Universal Life Insurance (IUL)

2022/6/28
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Stay Wealthy Retirement Podcast

Chapters

Jeremy Schneider introduces himself and explains the concept of Indexed Universal Life Insurance (IUL), highlighting its common sales pitch and his personal experience investigating it.

Shownotes Transcript

Indexed Universal Life Insurance (IUL) is all the rage right now.

"10%+ growth potential. Guaranteed security against market risk. Tax-free retirement income."

These policies are confusing. And they sound WAY too good to be true.

So to get to the bottom of it ... I bought one!

I read the fine print. Did the math. And uncovered the ugly truth. 

In this episode, I'm sharing the 10 lies told during the IUL sales pitch + the actual financial outcome of buying one.

I'm also answering two questions from listeners, including one about using a 3-fund portfolio for retirement investing. 

Over age 50? Need retirement + tax planning help? 

👉 Get Started With a Free Retirement Assessment) 

To grab the links mentioned in today's episode, visit the show notes page).