Quote:
Originally Posted by paulgtr
since it's only part of my inventory, life insurance isn't the sole focus, nor does it generate much of my income.
it does work well if properly designed to fit into a portfolio. not sure if folks have seen a max over funded policy that is paid up in 7 years. after that it is pure profit for the policy holder. put it where you normally put your muni bonds.
I can't speak for any one but myself, but I take my time with clients to understand their objectives and find the best model to achieve their goals.
if I have put them on the right path and they do well, isn't that what is important?
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This is a very different tune that you played in post #4. You came right out of the box recommending life insurance and even listed companies to buy from.
Quote:
Originally Posted by paulgtr
not sure if folks have seen a max over funded policy that is paid up in 7 years. after that it is pure profit for the policy holder. put it where you normally put your muni bonds.
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I haven't seen one, no. My understanding is that you essential spend 7 years paying for life insurance, and then your money starts looking like an investment.
I a man doesn't need or want life insurance, why would he do that?