No one is fact-checking this stuff, and it comes off as being credible, simply because of the source.
November 8, 2022 by Sheryl J. Moore
This is the stuff that makes us look bad, folks. Seriously. If you are going to write like this, keep it to yourself.
Click HERE to read Forbes: Why Indexed Universal Life Insurance Might Be New 401(k)
It is ludicrous to suggest that an IUL can typically earn 7%, much less to suggest that there is no limit on the gains of an IUL “if done correctly.” Rubbish. Uncapped does not mean unlimited.
The suggestion that you can consistently earn at least 9.1% on an IUL is borderline criminal.
It is irresponsible to position indexed life as having the ability to recover the market’s losses in a short period. It is even more irresponsible to lead readers to believe that there is no way a 401(k) can make that same recovery in twice the amount of time.
“With life insurance, you can anticipate that you’ll always have money coming in, even when the market goes down.” WHAT?!?
“You get all the gains.” NO!
The paid content on Forbes is getting scary. No one is fact-checking this stuff, and it comes off as being credible, simply because of the source. Be careful. -sjm
Click HERE to read the Forbes article Why Indexed Universal Life Insurance Might Be New 401(k)
