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|Subject: Re: Strategy comparison S&P500 vs. IUL [rev 1]||Date: 4/8/2013 12:12 PM|
|Author: aj485||Number: 71800 of 82859|
~ Starting balance in IUL and S&P of $10,000
~ Monthly contribution $1,000 to IUL and S&P
I bypassed this earlier, but now that you've repeated it, I have to ask...
Do you realize how much this is??? Now absurd it sounds?
$1000/mo is $12,000/yr.
It's especially ridiculous because the median family income in 1965 was only $6900, up about $310 from 1964, according to this information from the Census Bureau http://www2.census.gov/prod2/popscan/p60-049.pdf
But as one of my former managers who was really good in sales used to tell me - Don't let the facts get in the way.
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