Bottom line is these things are *crazy* expensive. If that's the baseline assumption, then getting similar financial performance outside of IULs is 300-500% of *crazy* expensive.Its all relative, I suspect, when the least costly method is considered "expensive."I would have to run the numbers to be sure, but I'm willing to wager a steak dinner that after any reasonable period of time the insurance company winds up with more money of your money than you do.Seriously? I don't eat mammals, but how about Anthony's? I'll offer a double or nothing opportunity (you already lost the prior wager, in case you didn't know it.)You name any 30 year period, the amount of initial and/or periodic principal contributions, tax rates, inflation rates, and the starting age & health of your designated 'investor.'You can even choose your 30 year run to backwards fit whatever strategy you plan to apply.Mandatory strategy outcomes;Zero market downside participation per year(Hedge or diversify any way you like, such that you can back a zero-downside guarantee.)I'll also offer, without handicapping a percentage advantage, with full awareness you can't match;Collateralizable (borrowable-against) to 90%, against principal and gains, from day #2,Loans defer both principal & interest for life. No repayment cashflow burden.Whoever finishes 30 years with the most net/net/net capital wins!Game on!Dave DonhoffLeverage Planner
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<