Tag: IUL
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Reacting to Financial TikTok | It’s Bad…Real Bad
Reacting to Financial TikTok | It’s Bad…Real Bad. Financial TikTok has gotten pretty ridiculous of late. Checkout how bad this financial advice can actually be!
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Life Insurance…The Trillion Dollar Scam?
Is life insurance, a TRILLION DOLLAR INDUSTRY, a SCAM? It’s hard to calculate the damage buying whole or universal life insurance can have on your retirement plan. But the one thing we can tell for sure, the insurance company and sales people are getting rich off of you.
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Can I Convert My 401k or IRA to be Tax-Free | WI Reaction
If a financial “strategist” is telling you to sell your 401k or IRA to be tax-free and they don’t mention the employer matching or the best financial vehicle available, the Roth IRA, it’s most likely a scam. In this reaction, Doug Andrew tries to convince us that buying his product is the best product for…
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A CPA lost over $863k with indexed Universal Life
Doug Andrew, and his son Aaron Andrew, celebrate the policy they sold to a CPA that lost their customer over $863k in opportunity costs!!! No amount of benefits of IUL can cover for the absolute failure of this investment vehicle. To top it all off, these salesmen massage the facts to make their scheme seem…
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Indexed Universal Life Debunked | Reaction to Doug Andrew & Market Volatility
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…