Jun 17, 2022
5:48:21pm
5:48:21pm
The one thing I like about whole life is the ability to borrow against it later
Invest post-tax, it grows and can be used tax-free. But yeah, I've not done it for the reasons given. I always figure I can do better in the market and with a term policy. As I get older I also wonder about the "owning" it thing, too.
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- byujdmba
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- Jan 5, 2015
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- May 4, 2024
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- 19,113 (403 FO)
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6/17/22 5:01pm
6/17/22 5:07pm
6/17/22 5:16pm
6/17/22 5:42pm
6/17/22 5:01pm
I always hear this but never hear those situations, could you or someone else explain a hypothetical where it works?
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6/19/22 11:26am
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6/17/22 5:18pm
6/17/22 6:46pm
Ask him: "With respect to your advice on this whole life policy, are you a fiduciary?" and post his response here.
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6/18/22 10:09pm
The exact commission paid to the agent on the contract should be a disclosed line item on the contract.
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