Suze Orman Says Indexed Universal Life Insurance Is a ‘Horrific’ Investment That Will Get You In Trouble — ‘I Am Begging You Not To Do Them’
July 3, 2024 by Jeannine Mancini
Financial guru Suze Orman has consistently and emphatically cautioned against indexed universal life insurance (IUL) policies, characterizing them as “horrific” and fraught with potential financial pitfalls.
Click HERE to read the full story via Yahoo! Finance
Wink’s Moore on the Market: Suze Orman has her sights set on indexed life now.
Reading this, I am in disbelief that she doesn’t realize that the cash surrender value on these policies is less than the account value in year five; of course surrender charges still apply!
“Minimal returns?” I’ve earned more on my indexed life products than you can earn on CDs and fixed annuities!
I cannot blame her for setting IUL in her sights though. The mismarketing on social media is helping NO ONE. -sjm