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Author: PSUEngineer Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: IUL vs. S&P500 spreadsheet Date: 5/29/2013 1:23 PM
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If you started with $100,000, and the market drops it to $50,000... the homerun opportunities are available at *THIS* point in time... but your ammunition is gone.

Unless your ammunition in your IUL is gone because you've taken loans for Jr. in college and a $30K car. Those items seem to be big selling points when I see discussions about the benefits of IUL - paying yourself interest instead of a bank.

BTW, what does the insurance pay interest on when you take a loan - the original balance or the lower one to account for the loan? For example, if you have $100K available in your IUL and you take a policy loan for $30K for a car, are you earning interest on $100K or $70K?

PSU
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