Started By
Message

re: The debate about universal life insurance

Posted on 8/10/20 at 7:52 pm to
Posted by jrobic4
Baton Rouge
Member since Aug 2011
7346 posts
Posted on 8/10/20 at 7:52 pm to
quote:

accomplish my goals better with a Roth


Absolutely, but there are people who are maxing out Roth's and other retirement vehicles, and looking for other places to stash assets. these are typically people with a lot of money, and the ability to access that cash value tax free is relatively more attractive high net worth individuals
Posted by meansonny
ATL
Member since Sep 2012
25999 posts
Posted on 8/10/20 at 8:28 pm to
quote:

and the ability to access that cash value tax free is relatively more attractive high net worth individuals


I opened my cash value UL for this purpose.

I still think market returns (even with taxes) are better than current growth from UL. Isnt the current scenario looking 30 years into the future? Why avoid the most aggressive growth option? I know that taxes suck. But I'd rather maximize my growth and deal with the taxes than put a hard cap on my return with a 30 year timetable.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram