Episode 73: OK, Dave Ramsey, You’re Right. “Whole Life Stinks…”

In this episode, we ask: What are people saying? Would you like to leave us a review on iTunes? Do you have ideas for future episodes? Does whole life insurance insurance stink? Is “buy term and invest the difference” a better idea? Why are high commissions a problem? What are the alternatives? How much will...

In this episode, we ask:

What are people saying?
Would you like to leave us a review on iTunes?
Do you have ideas for future episodes?
Does whole life insurance insurance stink?
Is “buy term and invest the difference” a better idea?
Why are high commissions a problem?
What are the alternatives?
How much will an advisor make on mutual funds with a 1% fee?
How much will an advisor make in commissions on a whole life insurance policy with the same lump amount over the same number of years?
What is exciting about term insurance?
See Episode 1 and Episode 51 to learn about real return
Listen to both parts, Episode 52 and Episode 53 with Les Himel
How do term insurance policies compare to permanent whole life insurance policies?
Can you hold on to the commission in the long run?
Which seems fair? Which seems risky?
How much did the whole life truly cost?
Who needs permanent insurance? Can’t you self insure?
You only need insurance for your early years, right?
Are you at risk for spoiling future generations?
Can you live off 1 million in retirement?
Do you need excitement?
Do you love stable, predictable growth?
Where does he get the idea that it’s rare to own whole life insurance?
Why does Whole Life Insurance stink?
Would you like to ask us some questions? Book a Meeting!

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