re: Chandler advisors

There is commission obviously, but not like your traditional life insurance plan. The objective is to lower the insurance amount and put as much as we can towards the savings component of the policy. I can almost guarantee that the fees in the policy would be considerably less on a long-term basis then any fee-based advisor to where you are investing in an IRA /mutual fund.
Look, it is not for everybody. However, I don't know of a better long-term planning strategy from the moment you start saving until the end of your lifetime… From the accumulation phase to the end of the distribution phase. If you know of a better Option that can guarantee a conservative 5% growth of the long term and never have a down year. That means it is uninterrupted compounding growth over the whole lifetime of the plan. Obviously in a single year you can earn better than that in in equities or single stock, but I am emphasizing the long-term plan…

I recently got the exact same sales pitch for Universal Variable Life from a New York life guy. It was insanely expensive life insurance coupled to your choice of high fee mutual funds. Of course his illustration looked wonderful, but when he balked at providing actual historical returns I sent him on his way.

quote:

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that can guarantee a conservative 5% growth of the long term and never have a down year

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Well I would sincerely like to know how they do that. The only 'risk free' investment I know of is a U.S. treasury, and some would debate that point, which pays much less than that. If something is paying more than U.S. bonds, the market assume it has higher risk or doesn't know about it, that is not debatable.

I've heard this pitch on the radio, but never hear the particulars. Sort of like another poster here who says he has a plan that can beat the market with managed mutual funds, but won't say how.

Let's hear it.

I need to update the profile.