Indexed Universal Life needs to be debunked and the Wealthy Idiots are taking on the challenge. Doug Andrew touts Indexed Universal Life as THE retirement tool to protect you from risk while giving you a stable income, but looking into the details, that couldn’t be further from the truth. IUL does a lot of things but one of the worst is that it protects you from your greatest wealth building potential, a bear market.
After attempting college, AJ joined the Marine Corps. When he left active duty, he worked in retail for a few years before returning to college. Several years later AJ was awarded his Bachelor in Science in Computer Science. Soon after, AJ began working in the tech industry as a Junior Developer. AJ continues to work in tech, however, he began to cultivate a passion for personal finance. For AJ, the concepts began to click and he felt a need to help others understand how to be financially free. If AJ can do it, any Idiot can.
