17 Replies to “FIND THE MONEY FOR YOUR CLIENT TO BUY LIFE INSURANCE!!”

  1. …And then, if you wanna drop the 'ill sticky bomb on 'em, let them know that only one of those Tax-Free options, comes with a Free-Money benefit. (And in the meantime, here's a 'Supplemental illustrating all/(some of) the LIVING benefits of a policy…like access to your $…while the mutually funded dividend paying non direct recognition CV continues to accrue and compound interest. If you're into that sort of thing. 😉

  2. I’m confused about the last allocation calculation. For an employer to “ 3% match” a contribution, the employee (the client before us) has to put forth 3%. Therefore there is only 4% of the allocated investment to be tapped or moved so-to-say. Did I miss something in the calculation?

  3. I do like this strategy for helping the client find money. The overfunding verbiage is good. But since roth iras and life insurance use after tax money, they're not entirely tax free, you just paid the tax first. You gotta be very careful with this conversation..

  4. Moving money "up" to tax free money only makes sense when you hold all other varitables equal. If my 401(k) is invested in government securites and has a comparitable interest rate to a life insurance "investment" then go ahead, but for the majority of clients who hold some equities in their 401k they are going to outperform the life insuranse "investment"

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