The Myths of Whole Life Insurance series is back and the agents selling it haven't given up yet. With huge commissions to be had, they keep switching sales techniques until they find the one that works on their current mark!
In this episode we cover disability insurance, loaning money to family members, buying Facebook shares, student loan management, backdoor Roth IRAs, saving on your mortgage rate, whole life insurance, and more.
In this episode, we revisit whole life insurance and discuss some situations in which you may want to buy or keep the policy you were already sold. Plus answer lots of reader questions.
Life insurance for children is a product made to be sold, not bought. While inexpensive, there are better ways to show your kids you love them.
Variable universal life insurance policies (VUL) are complex financial instruments. The very wealthy may get substantial tax benefits from using one, but most doctors probably won't. Since it requires a life-long commitment, think very carefully before buying one.