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re: Over Funding Life Insurance vs. Roth IRA
Posted on 11/8/13 at 1:44 pm to Broke
Posted on 11/8/13 at 1:44 pm to Broke
I understand that this is just a message board. I like to hear the different opinions. I talked to my CPA and he felt it may be a good option based on my situation. I'm sitting down with my insurance guy on Monday to get the details ironed out. I've already sent him a list of questions to discuss based on my research on the internet.
The problem with the internet is that most of the information is based on marketing/sales people. I'm looking for some hard facts.
The problem with the internet is that most of the information is based on marketing/sales people. I'm looking for some hard facts.
2
Posted on 11/8/13 at 2:07 pm to kyledavis
I've always strayed away from using life insurance policies as investment vehicles. As someone said earlier, they typically underperform. I'm more comfortable picking a good fund in my ROTH and riding it for the long haul. But, I'm not an expert by any means.
Posted on 11/8/13 at 2:24 pm to kyledavis
I wouldn't ever ask my insurance guy to give me investment advice. But that's just me.
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