Why Life Insurance?
The following CNBC Video news segment brings the exciting wealth building concept into the mainstream. Many of my clients who have taken the time to learn and implement the strategy ask why it is not talked about more. Well, here is a segment aired on CNBC recently validating it as a legitimate wealth building strategy utilizing the only investment vehicle that can accumulate cash tax deferred and produce income TAX FREE when structured properly and in compliance with all IRS tax law.
The video briefly discusses the concept and refers to an interest crediting rate of 4-5%. FYI: That rate is associated with a "fixed rate" interest crediting strategy. Most of my clients elect for an interest crediting strategy "indexed" to the S&P 500 that participates in the upside of the market and offers a 1% Guarantee in soft market years. The average return with this crediting strategy is over 9% the past 54 Years!
Finding a decent return in life insurance, with Joe Heider, Dawson Wealth Management; Adam Sherman, Firstrust Financial Resources; and CNBCs Dennis Kneale and Sue Herera.
If you are unable to view the YouTube video, please try the following MSN link:
Investing In Life Insurance
How many of your current investments offer the following?
- 54 Year History of over 9% average returns
- A Guarantee Interest Credit of At Least 1% in Down Market Years
- Income Completely Tax Free !!
This strategy offers what everyone wants in these tough economic times: Liquidity, Safety and a Solid Rate of Return.
This concept can be utilized in a variety of ways. It is flexible and can be structured to fit nicely into most retirement portfolios. It also works great as an estate planning tool helping minimize the impact of potential estate taxes.
As with any wealth building strategy, the answer to whether this is right for you is the same as with any investment: It Depends. A complete review of your existing assets and current retirement needs are required to determine your suitability. The good news is that I offer this customized planning for free with no obligation. I am convinced that if it is suitable for you, will be excited about the potential benefits and how it can help you fully optimize your assets.
I have literature, books and videos that can help explain the concept further. As always I am available to answer any questions.