The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/and-what-is-your-specific-experience-personally-10733111.aspx

Subject:  Re: VUL-Giant Roth Date:  4/4/1999  7:46 AM
Author:  FoolWAM Number:  9672 of 75591

And what is your specific experience, personally or professionally, with VUL?? Care to explain the pros and cons of a standard policy?

All I hear on these boards is to never put your investments with your insurance. I have never advocated the use of VUL as a primary invest tool. I ALWAYS tell people to invest via their company retirement plans and IRA's first.

I personally carry $1million of term insurance on myself, but I have a small VUL that I overfund. It will ultimately provide me with a huge tax benefit.

If I can find one person on this board that can give me good reasons why VUL is not a viable tool in planning, I will listen. But all I ever hear is the same old drivle espoused by everyone else knowing little or nothing about the product.

Alan McKnight, CFP
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us