Tag: life insurance
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Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL)
Doug Andrew Exposed! The Great Lies of Index Universal Life (IUL). Doug Andrew has made it his mission to sell IUL as the perfect investment vehicle, but he has yet to prove his claims! Is Doug Andrew lying or does he legitimately believe his own sales materials?
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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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My 4 personal finance tips of the week
It has been a busy week, and over the past several days I’ve had several reminders of how many different ways there are for consumers to get fleeced. As expected, I thought it would be a good idea to share some personal finance tips that will hopefully increase our readers financial acuity. Personal Finance TipRead…
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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…
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Estate planning is important, don’t skip it!
A few weeks ago, I wrote a pretty basic article covering life insurance. While that’s a great starting point for your average individual, it doesn’t cover the full spectrum of planning needs. What is estate planning According to the folks over at Investopedia, “The term estate planning refers to the preparation of tasks that serveRead…
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Do you need life insurance? And if so, how much?
Life insurance is a very controversial topic. You frequently hear arguments of term vs. whole vs. universal vs. indexed universal guaranteed, etc. Honestly, you only need term, but that’s a conversation for another day (actually, we touched on it a few months ago!) Today, we’ll talk about who needs insurance and how much might beRead…