Podcasts about Indexed universal life

In this episode of The Power of Zero Show, host David McKnight looks at Doug Andrew's recent video in which he implored his audience to never use a Roth IRA or a Roth 401(k) again. Andrew sees Indexed Universal Life insurance (IUL) as far superior and believes it should be the source of the vast majority of your distributions in retirement. While David likes IUL in certain circumstances, he isn't a fan of sales strategies that debase every other viable tax-free alternative in an effort to exalt IULs. For David, the video is riffed with errors, exaggerations and omissions. Moreover, Andrew's video appears to have an obvious pre-commitment to persuading you to reposition the lion's share of your retirement savings into an IUL. In the video, Doug Andrew's liking for IUL as the top investment vehicle is evident. At the beginning of his video, Andrew says that he will explain why the IUL is far superior to the Roth IRA. David believes that the choice should never be between a Roth IRA and an IUL or between a Roth 401(k) and an IUL. Remember: your tax-free strategy can incorporate as many as SIX DIFFERENT STREAMS of tax-free income, not just the IUL… And every one of these tax-free income strategies has unique qualities that set them apart from all the others. Don't forget about what your #1 goal should be: to take advantage of every tax-free nook and cranny in the IRS tax code. David lists the qualities that tools such as Roth IRAs, Roth 401(k)s and Roth conversions have and that IULs do not have. One of the unique things about IULs is that they give you a death benefit that doubles as long-term care and helps grow your money safely and productively. David touches upon what he considers “wild claims” featured in Doug Andrew's video. An example of inaccurate or untrue information shared by Andrew is that the IUL's expenses will be paid out of the money that would have otherwise gone to pay a tax… which is wrong! Contributions to Roth IRAs and IULs are both made with after-tax dollars. “If anyone ever debases a Roth IRA or a Roth 401(k) in an attempt to sell you an IUL, you should run – not walk – the other way,” concludes David.   Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Doug Andrew Doug's video - Why You Should Never Use a Roth IRA Again (6 Reasons Why)

Wonder how your IUL policy behaves during market volatility? In this episode, we unpack how Indexed Universal Life insurance performs in today's unpredictable market conditions. You'll discover why IUL isn't actually buying market exposure and how it creates a unique value proposition during economic downturns. Learn about the annual reset feature that prevents you from having to recover losses before moving forward. This reset magic means your policy can take advantage of market rebounds without dragging the baggage of previous declines. You'll understand why this makes IUL especially valuable for retirement income strategies. We explore how IUL has evolved beyond simple caps and floors to offer more sophisticated options including lock features and alternative indices. Discover how these innovations help weather financial storms and why, despite not outperforming the market during bull runs, IUL provides an important hedge against bad conditions in your overall retirement portfolio. _________________________ Ready to explore how IUL can strengthen your retirement strategy? Contact us today to learn if this approach aligns with your financial goals. We'll help you understand the benefits of adding IUL to your portfolio and show you how it can provide stability when markets get turbulent.

Send us a textOn this episode of The Get Ready Money Podcast, I was joined by Luke Rother, the Managing Partner at Yetworth Collaborative to talk about busting the top 10 life insurance myths and what advisors need to know.Here are the myths we busted: Life insurance is only for people who are working/ people who have kids.Life insurance is too expensive.I have health issues, so I can't get life insurance.Group life insurance takes care of life insurance needs.Always buy term, never buy permanent insurance.Life insurance policies are set it and forget it. You don't need to review them.Life insurance is an investment (nope, it's insurance with an investment component)You can be your own banker.Indexed Universal Life policies are a ‘scam'.Fee based products (no-load policies) are always better options than commission based products.Luke Rother, CLU, CEPA is a life insurance specialist that has a passion for collaborating with trusted advisors to develop and implement risk protection related strategies to enhance the value that advisors bring their clients.  He entered financial services after working in the nonprofit sector following in the footsteps of his father, Randy, who has been a life insurance specialist for over 40 years. After working with a large insurance carrier, and working with his Dad, Luke decided to join the Yetworth team to expand his product expertise and to launch a dream business that caters to fee-only advisors.Connect with Luke Rother, CLU, CEPA:LinkedIn (here) Yetworth website: (here)Support the showThe Get Ready Money Podcast and its guests do not provide investment advice. All content is for educational purposes. Guest opinions do not necessarily reflect the opinions of The Get Ready Money Podcast and Tony Steuer.

We specialize in the following financial products:        1. Your Personal Bank: High Cash Value - Whole and Indexed Universal Life insurance policies      2. Fixed and Index Annuities: grow your money without market risk, access to over 50 companies      3. Guaranteed Lifetime Income: create income you cannot outlive, often referred to as a private pension      4. Life Settlements: companies will buy your insurance policy, shop the best offers      5. Premium Finance: bank fund premium on a high cash value insurance policy on your behalf, can create tax-free asset without out-of-pocket cost     Many financial experts are calling this the "golden age" of fixed investments.   Even if the Trump administration does everything right, some problems will take a while to fix. Debt is a major challenge.   Record levels of debt requires record selling of bonds. This pushes bond interest rates higher.  Until the government starts paying down debt, bond interest rates will remain elevated.   When bond yields (interest) increase, institutional investors tend to move out of the stock market and into the bond market.   Many institutional investors like banks, insurance companies, and pension funds are focused on obtaining steady consistent cash flow to pay their liabilities rather than accumulation. These large institutional investors have the ability to move markets.   Blackrock, Goldman Sachs, JP Morgan, and Vanguard analysts all predict S&P 500 index returns will average 3-5% annually for the next decade. If the analysts are correct, Your Personal Bank dividends, annuities, and guaranteed lifetime income will all outperform the S&P 500 over the next decade without market risk and tax-favored

How can you create tax free income and legacy for retirement?  One of the most powerful tools is unfortunately not talked about enough.  It is called Fixed Indexed Universal Life, and it has multiple benefits both while you are living and when you are gone.Key Takeaways:Build tax free cash valueSurviving spouse tax free income replacementLong Term Care benefitsTax Free death benefit for your heirsNot included in assets for college planning and the FAFSA

Today's episode addresses how to create multiple tax-free income streams that don't show up on the IRS's radar and that contribute to you being in the 0% tax bracket in retirement. Having some money in a tax-deferred account, like an IRA or 401k, is the first way high-income earners can create tax-free wealth for retirement. Contributing to your Roth 401k or Roth 403b, as well as leveraging a backdoor Roth, are a couple of additional ways to build tax-free wealth in retirement. David touches upon what CPA and retirement expert Ed Slott calls “the single greatest tax benefit in the IRS tax code.” David makes a comparison between Indexed Universal Life vs. a taxable brokerage account. David believes that “the higher your tax bracket, the more it makes sense to reposition surplus savings from your taxable account to indexed universal life.”     Mentioned in this episode: David's upcoming book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Ed Slott

In this episode we answer emails from Phil, MyContactInfo, and Eric.  We discuss implementing factor investing and making portfolio adjustments in a risk-parity style portfolio, HECOMs and other considerations about reverse mortgages and buffered products, the fundamental problems with IUL that need to be accounted for before using it, and just how rich you probably need to be to be using insurance products as investments.  Hint:  You are not that rich.Links:Swedroe Factor Investing Book:  Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today by Andrew L. Berkin | GoodreadsLong View Podcast About HECOMs:  Don Graves and Wade Pfau: How - The Long View - Apple PodcastsAndy Panko Cautionary Video About IUL:  Beware of misleading Indexed Universal Life insurance ("IUL") illustrations (youtube.com)Andy Panko IUL Critique On Big Picture Retirement Podcast:  Unmasking the IUL Sales Pitch with Andy Panko (bigpictureretirement.com)Private Placement Life Insurance:  How Does Private Placement Life Insurance Work? - ValuePenguinAmusing Unedited AI-Bot Summary:Is your portfolio prepared for the next economic downturn? Join us on this episode of Risk Parity Radio as we tackle an intriguing email from Phil, a listener from Portugal contemplating a major portfolio overhaul. We dig deep into the nuances of factor investing, particularly momentum and profitability factors, and offer critical advice on the potential risks of reducing bond allocations in favor of equities. We emphasize the importance of leveraging financial analysis tools like Portfolio Charts and Portfolio Visualizer to make informed decisions, and stress the need for a balanced approach throughout both the accumulation and decumulation phases of investing.We also navigate the labyrinth of investment strategies and financial products, evaluating the pros and cons of dollar-cost averaging amidst market volatility, and scrutinize costly options like Home Equity Conversion Mortgages (HECMs) and Indexed Universal Life (IUL) insurance products. Highlighting the potential pitfalls of these profit-driven offerings, we advocate for well-diversified portfolios as the cornerstone of robust financial planning. Tune in to discover practical tips on managing taxable accounts, avoiding misleading insurance products, and achieving optimal portfolio performance, all while staying grounded in sound financial principles.Support the Show.

In this episode, I go head-to-head with Chris Kirkpatrick from LIFE180 to talk about one of the hottest topics in the insurance industry: Whole Life Insurance vs. Indexed Universal Life (IUL). Chris, with his extensive industry background, passionately argues why agents should rethink their approach to selling IULs and why he believes whole life insurance is typically the superior choice. Follow Chris on his Youtube Channel: https://www.youtube.com/@LIFE180 #insurance #wholelifeinsurance #indexeduniversallife

Show host Arturo Johnson shares his experience with coming across David's content – and how it has changed his perspective. David mentions a study that illustrates the benefits of putting 70% – and not 100% – of your retirement savings into a Roth 401k and the balance into cash value life insurance. Dave Ramsey is famous for stirring up a hornet's nest among CFPs all across the U.S. David unpacks a shortcoming with one of Ramsey's principles. David goes over what can happen when you utilize life insurance as a volatility shield/buffer. The only way to get an 8% distribution rate in retirement is by utilizing a financial tool that Dave Ramsey says is a hot pile of garbage: cash value life insurance. The reason why David likes IUL is because history shows that you can get five to seven percent net of fees over time in your IUL. David talks about something he dislikes in Ramsey's views on IUL and that many “gurus” such as Suze Orman, Clark Howard, and Ramit Sethi say it's a scam. “The IUL is not a stock market replacement, it's a bond alternative,” says David.   Mentioned in this episode: David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Arturo Johnson Dave Ramsey Suze Orman Clark Howard Ramit Sethi George Kamel Tom Hegna

Myths, Mysteries & Misconceptions #14: Infinite Banking & Indexed Universal Life Them: “You can use IUL for Infinite Banking” Me: “Didn't Nelson (the author/discoverer of the IBC) say that he didn't own any or write any Universal Life Insurance?” Them: “Who's Nelson?”, “Yeah, but…”, “IUL is different…”, etc In this episode Jdew, one of The Banking Bros, and I discuss Indexed Universal Life, Whole Life Insurance and Infinite Banking. IULs are NOT Infinite Banking. Whole Life is NOT Infinite Banking; it is just the ideal entity to create for becoming your own banker. There's more to this misleading statement than at “face value” (pun intended;) LIVE & LEAVE A LASTING LEGACY If you have any topics you'd like to see covered, if you have any questions concerning this video or another or if you would like to request a webinar meeting to personally discuss how you can practice the Infinite Banking Concept as described in R. Nelson Nash's book Becoming Your Own Banker, please contact us at: www.durhamtalents.com LIVE & LEAVE A LASTING LEGACY All content on this channel is for informational purposes only. Please contact your own Attorney, Financial Planner, Tax Consultant, or other appropriate professional as necessary.

Are you curious about the actual performance of an Indexed Universal Life (IUL) policy? In this episode, we dive into the details of an IUL policy put in force 9 years ago and address the common arguments against IUL. You'll learn about the static interest rate assumptions used in IUL illustrations, the concerns about cap rates, and how this policy has performed over time. Despite the assumption of a 6.3% static index credit at inception and the cap rate falling from 12% to as low as 7.5%, the policy has exceeded its original projection of $183,119, with an actual cash value balance of $198,960 to date. We'll discuss the average applicable cap rate for the life of the policy, the average index credit since inception, and the frequency of the index capping out. You'll also discover the guaranteed bonus the policy will receive starting after the next policy year and how it compares to the performance of whole life policies issued simultaneously. We'll explore the potential for the policy to continue outperforming its original projections and the options available to the policyholder now that the policy is nearly out of surrender. Tune in to learn more about the actual performance of an IUL policy and gain valuable insights into this often-debated topic. ________________________ If any of this sounds interesting and you're curious about how a policy like this might work for you, please click right here to get in touch with us. We welcome the opportunity to have a brief chat. 

This episode addresses whether the mainstream financial planning community is justified in avoiding Indexed Universal Life. Lately, social media has been filled with videos praising the virtues of a financial tool known as Indexed Universal Life (IUL). David explains why the IUL has been taking such a beating from traditional financial planners. David discusses three different viewpoints against the IUL – including that of scammy salesmen on TikTok who often describe the IUL as “a stock market replacement on steroids.” Financial gurus tend to be jack of all trades but masters of none with IUL critiques that are either plain wrong or far too simplistic, says David. As a result of these groups' cumulative efforts, IUL is widely viewed as a caricature of a financial product. David goes over how to objectively evaluate IUL on its merits and shares three of its positive utilizations as a dynamic financial tool.     Mentioned in this episode: David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Suze Orman Dave Ramsey George Kamel Ernst & Young

George Kamel recently released a video on index universal life. On the surface, it looks like a ruthless exposé of a financial scam that millions of Americans are falling for.  But when you scratch just below the surface, his critique of IUL is a steaming cesspool of half-truths and outright lies that are designed to sell you a term insurance policy through a Dave Ramsey-sponsored term insurance broker. According to Kamel, the IUL is a financial scam marketed as a secret wealth hack, yet in reality, it's a money-eating monster. Yes, IULs are marketed by pretty scammy people on social media. However, there is a big difference between scammy life insurance agents and scammy life insurance products. IUL products are not created equal. It all depends on your personal situation and needs. Some products can be fantastic tools for building and protecting wealth and others can be catastrophic to your retirement.  For David, not only does the IUL serve as an extremely competitive bond alternative, but it's also a great volatility buffer in retirement. Financial gurus are not in the business of nuance. It's all about making sweeping black-and-white characterizations that fit neatly into their tiny box. According to David, recent studies demonstrate that bonds are much more volatile and much more correlated to the stock market than was previously thought. David explains that fees are only a problem in the absence of value. And when utilized in the right context, an IUL provides value that you simply can't get any other way. David explains how the IUL fees are a strength and not a liability that the uninformed life insurance critics make it out to be.  When George says that the IUL is a money-eating monster, he's only fixating on the fees in the early years of the contract. If he were to look at the average fees over the life of the program, a much different picture would emerge--one that paints the IUL as lower than the most cost-effective 401K plan.  David goes through the things George gets wrong about the death benefit options in an IUL.  The entire purpose of George's video is not to educate you on the evils of an IUL. It's to get you to buy a term life insurance policy through Dave Ramsey's endorsed broker of choice.  George's ultimate goal is to get you to take the money that you might otherwise have allocated towards an index universal life policy and redirect it towards a term insurance policy from which Ramsey himself ultimately benefits.      Mentioned in this episode: David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com

IUL or whole life insurance? Which will make you rich? Newsflash, neither alone are going to make you a millionaire, but one is a better tool to accelerate your wealth creation journey.  Listen now to hear the pros and cons of both life insurance products. Want to talk about opening a policy for yourself? Book a call with our insurance team: https://bit.ly/3OQ6KQo

Join us for an empowering episode with tax expert Elizabeth, as we dive into effective tax strategies and wealth growth. Elizabeth shares her expertise on maximizing savings, planning for a bright financial future, and adapting to legislative changes. We'll explore the game-changing benefits of cost segregation studies in real estate and innovative retirement strategies, positioning you as a key player in investment.Discover how to leverage cash value life insurance policies for a tax-advantaged financial stronghold, and compare the stability of Indexed Universal Life insurance against market-based policies. This episode is for the forward-thinking entrepreneur seeking to navigate the financial landscape with confidence and aim for a tax-free 2024.Ready to transform your financial journey? Connect with Elizabeth at 312.933.7757 If you are interested in our services or know anyone who can join the team, go email info@markperlbergcpa.com.

Hoy en día, expertos en finanzas personales, ¡sobran! Es impresionante como TODOS tienen una opinión, TODOS saben de economía, de finanzas y hasta los secretos más escondidos de los bancos internacionales.  En este episodio hablamos de lo que somos y de lo que hacemos, especialistas en seguro de vida. Tratando de desmitificar todas las supuestas creencias del IUL, INDEXED UNIVERSAL LIFE, en este episodio hablamos de cómo este vehículo financiero basado en dos cosas super importantes, su estructura y su fondeo pueden ser tu mejor aliado en cuanto a una planeación financiera inteligente.  Esperamos que este episodio sea de tu agrado, escuchalo hasta el final y comparte. #curimanospodcast

If you're shopping for life insurance policies, the expert team at Indexed Universal Life can help you decide if IUL is the best option for you and your retirement by walking you through the process. Go to IUL in retirement Indexed Universal Life City: Silver Springs Address: P.O. Box 3540 Website https://indexeduniversal.life/ Phone +1-800-743-9221 Email info@indexeduniversal.life

If you want to secure your retirement, it's worth considering indexed universal life insurance. Use this report from Indexed Universal Life to discover all the benefits! Learn more at: https://indexeduniversal.life/iul-in-retirement/ Indexed Universal Life City: Silver Springs Address: P.O. Box 3540 Website https://indexeduniversal.life/ Phone +1-800-743-9221 Email info@indexeduniversal.life

Are you planning your retirement finances? Have you considered getting an indexed universal life insurance (IUL) policy but aren't sure what its advantages are? Find the answers you're looking for in Indexed Universal Life's ‘What Is An IUL report.Visit What Is IUL for more information. Indexed Universal Life City: Silver Springs Address: P.O. Box 3540 Website https://indexeduniversal.life/ Phone +1-800-743-9221 Email info@indexeduniversal.life

Discover the details and intricacies of life insurance and venture into the realm of indexed universal life (IUL) policies, harnessing the potential of stock market-linked cash value. Navigate a path to financial success by focusing on strategic investments such as Roth IRAs and 401Ks, while keeping indexed universal life (IUL) policies in mind for diversification, all under the guidance of seasoned advisors.

Running a small business and looking for the right insurance policy and additional, tax-free source of funding? With indexed universal life insurance, you kill two birds with one stone! Find more about the benefits of this policy from Indexed Universal Life's guide! Visit https://indexeduniversal.life/what-is-iul/ Indexed Universal Life P.O. Box 3540 Silver Springs, Silver Springs, NV 89429, United States Website https://indexeduniversal.life/ Phone +1-800-743-9221 Email info@indexeduniversal.life

Shopping for a life insurance policy and wondering what the differences between whole life and indexed universal life insurance are? This guide from Indexed Universal Life can help. Read the full guide at IUL vs Whole Life Indexed Universal Life P.O. Box 3540 Silver Springs, Silver Springs, NV 89429, United States Website https://indexeduniversal.life/ Phone +1-800-743-9221 Email info@indexeduniversal.life

You can't believe everything you see and hear on TikTok, right!? JDew caught up with @taxfreemike and demanded a debate around using permanent life insurance as a mechanism for financing purchases. The question still remains, is it possible to use Indexed Universal Life insurance for infinite banking. You may have to decide. Infinite Banking Interview: Tax Free Mike.mp3File Size: 27403 kbFile Type: mp3Download File [...]

Paul suffered a stroke at 48. He's on disability and feeling lost. How does he figure out what's next? Should Ashley's aging parents spend a third of their retirement savings on a house? Margaret is wondering if she could use her 401k for a down payment and save on her taxes. An anonymous caller is concerned she won't have enough access to cash if she retires at 50. Is an Indexed Universal Life policy the right solution? Former financial planner Joe Saul-Sehy and I tackle these four questions in today's episode. Enjoy! P.S. Got a question? Leave it here. For more information, visit the show notes at https://affordanything.com/episode446 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Struggling to understand the different types of life insurance available for you and your family? The guide from Indexed Universal Life offers a personalized policy calculator along with a list of IUL benefits and drawbacks. Visit What Is IUL to find out more. Indexed Universal Life P.O. Box 3540 Silver Springs, Silver Springs, NV 89429, United States Website https://indexeduniversal.life/ Phone +1-800-743-9221 Email info@indexeduniversal.life

Indexed Universal Life insurance is something you should strongly consider if you're serious about preparing for a comfortable retirement. After 5 decades as a financial strategist and retirement planning specialist,...

Indexed universal life (IUL) is often sold using smoke-and-mirrors sales shams, but in this podcast we'll expose the truth! Listen to this if you are a financial advisors or consumer who wants to see through the crap and make better decisions about whether IUL is good for you (or your client) or NOT. For those … Blunt, unfiltered truth about Indexed Universal Life Read More » The post Blunt, unfiltered truth about Indexed Universal Life appeared first on Sara Grillo.

Indexed Universal Life insurance contracts or IULs can be an immensely powerful tool in building your life's savings. As you'll learn in today's episode, they're one of Doug Andrew's favorite...

An IUL is ideal when it comes to retirement. If you're not familiar Indexed Universal Life insurance contracts, tune in to learn why Doug Andrew recommends them as one of...

Indexed Universal Life insurance contracts or IULs are an often overlooked tool for building a nest egg. In fact, they are one of Doug Andrew's favorite tools he's used in...

Today, Paul talks about why living in a world of negative news is the greatest challenge for investors to overcome. If you want to stay disciplined and reach your financial goals, fear of the future is your enemy. Paul finds a WSJ article that asks, “Why is it so hard to relax about money?” Listen along as Paul talks about negativity bias and how the news is trying to use fear to motivate you and change your outlook on the world. Later in the episode, Paul talks about Indexed Universal Life products struggling and why their motto “Zero is Your Hero” is a horrible sales tactic.  Get a copy of our new book, Confident Financial Planning, at paulwinkler.com/book.

In this week's product call we will be covering what you need to know about Mutual of Omaha, and Mutual of Omaha's Indexed Universal Life products.

The power of insurance should never be underestimated. But how about we dig deeper into what insurances do and realign them with your financial goals?Today's episode is about Indexed Universal Life insurance. We talk about how it can be a good investment while serving as your life insurance. We'll also discuss how to understand policies so you can strategize investing for it. We'll also debunk insurance misconceptions so you can utilize it according to your financial intentions and outcomes.Make your goal specifically yours. Reclaim your power to strive for life. Tune in now! Key Points:[2:10] #1 IUL is your life's investment! [13:24] #2 Find the best reason to opt for IUL[14:25] #3 Align your financial goals with the right insuranceIf you loved this episode, you have to listen to these episodes as well: >> The Value of a Financial Advisor >> Planning Your Life & Finances - a 2022 Mash Up>> Own Your Home and Grow Your Mental WealthI'm sure you're getting tons of value from the podcast! Don't forget to subscribe on Apple Podcasts (https://apple.co/3jN77Mv), Spotify (https://spoti.fi/3jParH0), Google Podcasts (https://bit.ly/3n3i8vb), or on your favorite podcast app and SHARE THIS

This week's product call will be hosted by Gina Hawks. She'll be covering advanced concepts for Indexed Universal Life!

David starts the conversation by describing why it makes sense to have indexed universal life insurance.  Did you know that any taxes you pay in your taxable brackets are, ironically enough, optional? David reveals that the ideal amount of money you should have in your taxable bracket is six months of living expenses. Once you've maxed out your IRA, David believes an IUL becomes a great avenue to reposition surplus money into a tax-free investment bucket. David explains that IULs are great because they have no income limitations and no contribution limits.  According to David, IULs don't require you to take market risks, so they can serve as a suitable bond alternative with lower risks and higher returns over time. If you're married and over age 60, an IUL makes it possible to get your death benefit in advance of your death for the purpose of long-term care.  David highlights the 3 main reasons people hate traditional long-term care insurance: It's getting more and more expensive with time. It's hard to qualify. Something like a bad back can mean you never get accepted. If you pay and die peacefully in your bed, the benefits pay for somebody else's care.  Mentioned in this episode: David's books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com

David starts the conversation by describing the three most important things you should look for in an IUL. All good IULs are sponsored by financially stable insurance companies - but not all financially stable insurance companies offer good IULs.  David talks about the four main companies that rank life insurance companies.  David explains what a Comdex ranking is and why you should consider it when choosing a life insurance carrier.  According to David, the 5 essential attributes of a good IUL are: A guaranteed zero percent loan provision. Interest in areas. Conducts a daily sweep. Has an Overloan Protection rider. Availability of a chronic illness rider.  David goes through the three things to look out for when looking for an IUL advisor.  If an IUL advisor claims that your IUL can beat the stock market or cannot lose money, run for your life.      Mentioned in this episode: David's books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com

Dave Ramsey and other financial gurus claim that indexed universal life insurance(IUL) is expensive and a ripoff. Are they right?  Suzie Orman even says you should never work with an advisor that recommends IULs as a possible investment option.  According to David, when someone tells you that IULs are expensive, the first question you should ask them is, compared to what?  David compares the fees you would likely pay in a traditional tax-free investment versus a lifetime IUL.  David explains that judging IUL fees only makes sense if you calculate the expenses over the product's lifetime and not the first 5 years when the fees are the highest.  In today's example, David uses a 40-year-old man investing $20,000 a year into an IUL and compares the fees if the same man followed Dave Ramsey's investment advice.  In the first year, the man will pay $3502 for the IUL compared to $300 on Dave Ramsey's SmartVestor Pro program - maybe Dave Ramsey was right, after all. However, by the 10th year, IUL expenses will have gone down to $2702, while the SmartVestor Pro will have risen dramatically to $3962.  David reveals that it gets worse for the SmartVestor Pro by the 40th year - while IUL fees remain low at $2964, SmartVestor Pro fees will have gone to an astronomical amount of $31,263.  This just proves that the expenses of an IUL are higher as a percentage of the balance in the earlier years but are much lower as a dollar amount in the later years.  In contrast, David explains that the SmartVestor Pro fees are much lower as a percentage in the earlier years but become much higher as a dollar amount in the later years of the plan.  David points out that IULs are meant to replace bonds and not the stock portion of your portfolio, as Dave Ramsey claims.  Mentioned in this episode: David's books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube

What are Dave Ramsey's thoughts on Indexed Universal Life Insurance (IUL)? David debunks the 5 myths presented in Dave Ramsey's article on why you should run away from IULs. Myth #1: IULs never perform to their full capacity because the cash portion of the portfolio gets eaten up by the super-high fees. Yes, the fees will be higher at the start of the program but will reduce dramatically the longer you keep the policy. In fact, when you average the fees over the entire program, the costs translate to less than 1% of your balance per year. Myth #2: IULs contain numerous fees ranging from surrender charges, administrative charges, premium expenses, etc.  David explains that IULs only work if you keep them for life - so fees should only be calculated after the contract expires, which often translates to 1% per year. Myth #3: When you cancel your insurance policy, you give up your death benefit and almost all the cash value you've managed to build. For David, this is by far the most ridiculous of all Dave Ramsey's claims on IULs. Not only is it misleading, but it is actually opposite to how cash-value life insurances work. Myth #4: Excessive fees keep returns relatively low, so your IUL will never beat inflation.  This claim is just ridiculous, considering IULs were never designed to be a substitute for the stock market portion of your portfolio. Myth #5: Market performance will affect your premiums - the higher the rates, the more likely you are to lose your policy. According to David, this is a careless and poorly researched claim. Here, Dave Ramsey's primary goal is to lead you to strategically positioned links inviting you to buy term life insurance from him.  David believes the only reason Dave Ramsey is against IULs is that he wants you to drop your IULs in favor of his term life insurance policy, with no regard to the losses you might incur or where you are in the surrender period.     Mentioned in this episode: David's books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube

One of the hallmarks of a fantastic fourth quarter (your 60s and your 70s) is financial freedom. When you're financially free, it has a positive impact on your relationships, your emotional health, and so many other facets of life. One of the components of financial freedom is life insurance. This is a topic we'll discuss in this episode with my guest, Jeffrey Neltner. But we're talking not just ordinary life insurance. We talk about a product called "Indexed Universal Life".Jeff Keltner has been a registered nurse for 10 years traveling to various hospitals and working in many modalities. He has a Bachelor of Science in Business Administration from Xavier University in 2002 and an Associate of Applied Science and Nursing in 2012. He was also a certified Bikram yoga teacher in 2017. He lived, studied and worked in Beijing, China, from 2003 to 2006, and is fluent in Mandarin Chinese. Jeff is currently the owner and operator of Ryoma, LLC, specializing in indexed universal life insurance with living benefits.You can reach Jeffrey by email: jeffreyneltner@gmail.com.To learn more, visit:www.servingstrong.comListen to more episodes on Mission Matters:www.missionmatters.com/author/scott-couchenour

Not sure what an Indexed Universal Life insurance (IUL) account is or why you should consider having one? You're in luck, because each week Doug Andrew releases 5 new educational...

As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans.  Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future. Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey.  Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs.  Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach. DISCLAIMER: Kraig Strom is not an attorney or a certified public accountant. Kraig is a Certified Financial Planner Professional®, a Chartered Financial Consultant®, and an Investment advisor representative.  As cool as all that may sound, this video is only helpful hints, tips and education. This video is not specific tax, legal or investment advice. Before you decide to take action on anything you see in this video, please consult with your tax, legal or investment advisor first.

David is asked about the pros and cons of the Indexed Universal Life – or LIRP – and what to look for when researching it. As far as LIRPs are concerned, David suggests looking for contracts that are both tax- and cost-free. David discusses some mistakes that some experts such as Dave Ramsey make when talking about ‘buy term, invest the difference'. David explains that running out of money before running out of life is one the biggest risks retirees are facing today – and goes over two ways to prevent that from happening. David is asked for his predictions on how the current fiscal trajectory is going to affect housing prices, your bottom line and wallet. David recommends that young people try to be more inclined to contribute to tax-free today due to the fact that taxes are likely going to be higher when they're in retirement compared to what they are at the moment.     Mentioned in this episode: David's books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube

Today we are talking about the 15 lies and omissions that insurance salespeople tell about Indexed Universal Life (IUL) Insurance Policies. I hope you enjoy this episode of The Atomic Retirement podcast!  Resources MentionedIs IUL a Scam? Yes. by Jeremy SchneiderPersonal Finance Club Instagram PageConnect with Ryan KilkennyFollow Ryan on TwitterGet Ryan's Saturday Morning Newsletter Schedule a No Obligation Retirement Tax Assessment with RyanSubscribe to The Atomic Retirement Podcast on your preferred podcasting platform.

I'm a big beleiver in permanent life insurance and I disagree with financial entertainers who say that all cash value based life insurance is bad in all situations. That's why it pains me when I read stories like the one I share in this episode. Stories where an insurance company clearly overstepped the boundries of what's ethical in my opionion. When a company does things like this, it gives an entire industry a black eye. If you have never heard of Indexed Universal Life, you will want to watch this for sure. If you are being sold or or you already purchased an IUL policy, you will want to hear this for sure.     Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey.  Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs.  Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach. DISCLAIMER: Kraig Strom is not an attorney or a certified public accountant. Kraig is a Certified Financial Planner Professional®, a Chartered Financial Consultant®, and an Investment advisor representative.  As cool as all that may sound, this video is only helpful hints, tips and education. This video is not specific tax, legal or investment advice. Before you decide to take action on anything you see in this video, please consult with your tax, legal or investment advisor first.

Derek and Laura invite another "nerd" and fellow advisor Kristina Mello to talk about different insurance policies and answer a listener's question!Find complete show notes and links on our website, StrategicPoint.com. Follow us on Twitter, like StrategicPoint on Facebook, and feel free to contact us any time via email thenoviceandthenerd@strategicpoint.com with feedback, questions or comments, including ideas for future podcast topics!The information contained in this podcast is not intended as investment, tax or legal advice. StrategicPoint Investment Advisors (SPIA) assumes no responsibility for any action or inaction resulting from the contents herein. Derek and Laura's opinions and comments expressed on this site are their own and may not accurately reflect those of the firm. Third party content does not reflect the view of the firm and is not reviewed for completeness or accuracy. It is provided for ease of reference.Certain statements contained herein may be statements of future expectations and other forward-looking statements that are based on SPIA's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words “may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue” and similar expressions identify forward-looking statements. Forward-looking statements necessarily involve risks and uncertainties, and undue reliance should not be placed on them. There can be no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. SPIA assumes no obligation to update any forward-looking information contained herein.

Explanation of a LIRP, or Life Insurance Retirement Plan, which is ultimately an Indexed Universal Life insurance policyFacebook group - Taxes in RetirementYouTube channel - Retirement Planning DemystifiedNewsletter - Retirement Planning Insights

We are back for the final installment in this series! We have been reviewing an article that came out ten years ago with a similar title to our podcast episode. And this is the fourth in a series where we are going to unpack each of these ten points, these ten reasons, and help you understand the difference between an Indexed Universal Life policy and a Whole Life policy. We want you to hear both sides, so you are well-informed and can make the best decisions for yourself and your family. If you haven't watched the first three in this series, you can watch those before this one to get caught up! Today we are focusing on numbers three, two and one. #3 is “Guarantees are not calculated annually*”, #2 is “All of the above can be changed by the company” and #1 is “The risk is shifted back to the insured.” Listen as we explain what we think these mean and why they seem to be untruthful and inaccurate… and frankly, just don't make much sense. We like to make these concepts simple and easy for you to understand. And if you have any questions, we have answers and reports we can share with you or your agent. Just reach out to bobby@renovatingretirement.com, and we're happy to share! Here is the article we have been reviewing: https://infinitebanking.org/the-top-10-reasons-not-to-buy-equity-indexed-universal-life/ For more info, episodes, and notes, head on over to https://renovatingretirement.com Thanks for listening, and please subscribe to or follow the podcast wherever you get your podcasts from, and be sure to share with your friends and family as well. Thanks again! About Charlie Jewett Charlie Jewett is an author, speaker, recruiter, trainer, consumer advocate and investment advisor from San Diego, CA. As the “Financial Services Whistleblower” Charlie has been trying to change the way that industry professionals and consumers think about retirement since 2005. With considerable years of experience and an array of professional certifications, Charlie focuses on stock market alternatives combined with tax-free retirement income and provides educational materials that help people to create their ideal retirement plan. He is the host of two podcasts, Renovating Retirement and Target Practice for Advisors, as well as the author of “Renovating Retirement” and “Two Ways to Be Debt Free”, both available on Amazon Kindle. About Bobby Alford Bobby Alford has walked an unconventional path to becoming the CEO of Renovating Retirement. He spent 10 years in the US Submarine force, both as an officer and enlisted person, earning a degree in nuclear engineering along the way. Bobby then joined corporate America and worked for a Fortune 50 company in operations, finance, and sales management roles. After getting his MBA, he began working with military veterans to improve their retirement options. At that point he found Charlie Jewett and learned how to truly impact a person's financial life using the MERIT model of planning. Bobby joined Charlie and now uses his skills to grow their company toward achieving the goal of creating $1 billion dollars of annual tax-Free money for their clients.

We are back to continue our review of an article that came out ten years ago with a similar title to our podcast episode. And this is the third in a series where we are going to unpack each of these ten points, these ten reasons, and help you understand the difference between an Indexed Universal Life policy and a Whole Life policy. We want you to hear both sides, so you are well-informed and can make the best decisions for yourself and your family. If you haven't watched the first two in this series, you can watch those before this one to get caught up! Today we are focusing on numbers six, five and four. #6 is “Dividends from the index don't get credited*”, #5 is “Participation ratios are often less than 100%*” and #4 is “Returns are usually capped at various interest rates*.” Listen as we explain what we think these mean and why they seem to be untruthful and inaccurate. We like to make these concepts simple and easy for you to understand. And if you have any questions, we have answers and reports we can share with you or your agent. Just reach out to bobby@renovatingretirement.com, and we're happy to share! For more info, episodes, and notes, head on over to https://renovatingretirement.com Thanks for listening, and please subscribe to or follow the podcast wherever you get your podcasts from, and be sure to share with your friends and family as well. Thanks again! About Charlie Jewett Charlie Jewett is an author, speaker, recruiter, trainer, consumer advocate and investment advisor from San Diego, CA. As the “Financial Services Whistleblower” Charlie has been trying to change the way that industry professionals and consumers think about retirement since 2005. With considerable years of experience and an array of professional certifications, Charlie focuses on stock market alternatives combined with tax-free retirement income and provides educational materials that help people to create their ideal retirement plan. He is the host of two podcasts, Renovating Retirement and Target Practice for Advisors, as well as the author of “Renovating Retirement” and “Two Ways to Be Debt Free”, both available on Amazon Kindle. About Bobby Alford Bobby Alford has walked an unconventional path to becoming the CEO of Renovating Retirement. He spent 10 years in the US Submarine force, both as an officer and enlisted person, earning a degree in nuclear engineering along the way. Bobby then joined corporate America and worked for a Fortune 50 company in operations, finance, and sales management roles. After getting his MBA, he began working with military veterans to improve their retirement options. At that point he found Charlie Jewett and learned how to truly impact a person's financial life using the MERIT model of planning. Bobby joined Charlie and now uses his skills to grow their company toward achieving the goal of creating $1 billion dollars of annual tax-Free money for their clients.

Ten years ago, an article came out with a similar title to our podcast episode. And this is the second in a series where we are going to unpack each of these ten points, these ten reasons, and help you understand the difference between an Indexed Universal Life policy and a Whole Life policy. We want you to hear both sides, so you are well-informed and can make the best decisions for yourself and your family. Today we are focusing on number eight and number seven, we've been counting them down. #8 is “Market drops cause double pain” and #7 is “Late premiums kill any guarantees.” Listen as we explain what we think these mean and why they seem to be untruthful and inaccurate. We like to make these concepts simple and easy for you to understand. And if you have any questions, we have answers and reports we can share with you or your agent. Just reach out to bobby@renovatingretirement.com, and we're happy to share! For more info, episodes, and notes, head on over to https://renovatingretirement.com Thanks for listening, and please subscribe to or follow the podcast wherever you get your podcasts from and be sure to share with your friends and family as well. Thanks again! About Charlie Jewett Charlie Jewett is an author, speaker, recruiter, trainer, consumer advocate and investment advisor from San Diego, CA. As the “Financial Services Whistleblower” Charlie has been trying to change the way that industry professionals and consumers think about retirement since 2005. With considerable years of experience and an array of professional certifications, Charlie focuses on stock market alternatives combined with tax-free retirement income and provides educational materials that help people to create their ideal retirement plan. He is the host of two podcasts, Renovating Retirement and Target Practice for Advisors, as well as the author of “Renovating Retirement” and “Two Ways to Be Debt Free”, both available on Amazon Kindle. About Bobby Alford Bobby Alford has walked an unconventional path to becoming the CEO of Renovating Retirement. He spent 10 years in the US Submarine force, both as an officer and enlisted person, earning a degree in nuclear engineering along the way. Bobby then joined corporate America and worked for a Fortune 50 company in operations, finance, and sales management roles. After getting his MBA, he began working with military veterans to improve their retirement options. At that point he found Charlie Jewett and learned how to truly impact a person's financial life using the MERIT model of planning. Bobby joined Charlie and now uses his skills to grow their company toward achieving the goal of creating $1 billion dollars of annual tax-Free money for their clients.

Ten years ago, an article came out with a similar title to our podcast episode. And this is the first in a series where we are going to unpack each of these ten points, these ten reasons, and help you understand the difference between an Indexed Universal Life policy and a Whole Life policy. We want you to hear both sides, so you are well-informed and can make the best decisions for yourself and your family. Today we are focusing on number ten and number nine, counting it down. #10 is “Internal costs are not guaranteed” and #9 is “Mortality charges are not guaranteed.” Listen as we explain what is meant by these “guarantees.” We like to make these concepts simple and easy for you to understand. And if you have any questions, we have answers and reports we can share with you or your agent. Just reach out to bobby@renovatingretirement.com, and we're happy to share! For more info, episodes, and notes, head on over to https://renovatingretirement.com Thanks for listening, and please subscribe to or follow the podcast wherever you get your podcasts from. And be sure to share with your friends and family as well. Thanks again! About Charlie Jewett Charlie Jewett is an author, speaker, recruiter, trainer, consumer advocate and investment advisor from San Diego, CA. As the “Financial Services Whistleblower” Charlie has been trying to change the way that industry professionals and consumers think about retirement since 2005. With considerable years of experience and an array of professional certifications, Charlie focuses on stock market alternatives combined with tax-free retirement income and provides educational materials that help people to create their ideal retirement plan. He is the host of two podcasts, Renovating Retirement  and Target Practice for Advisors, as well as the author of “Renovating Retirement” and “Two Ways to Be Debt Free”, both available on Amazon Kindle. About Bobby Alford Bobby Alford has walked an unconventional path to becoming the CEO of Renovating Retirement. He spent 10 years in the US Submarine force, both as an officer and enlisted person, earning a degree in nuclear engineering along the way. Bobby then joined corporate America and worked for a Fortune 50 company in operations, finance, and sales management roles. After getting his MBA, he began working with military veterans to improve their retirement options. At that point he found Charlie Jewett and learned how to truly impact a person's financial life using the MERIT model of planning. Bobby joined Charlie and now uses his skills to grow their company toward achieving the goal of creating $1 billion dollars of annual tax-Free money for their clients.