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Investing/Strategies / Retirement Investing
|Subject: Re: VUL-Giant Roth||Date: 4/4/1999 7:46 AM|
|Author: FoolWAM||Number: 9672 of 76418|
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
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