No. of Recommendations: 1
It's not just IUL caps. The huge fees being extracted from the account also have a large affect.

That info sheet Dave posted was quite interesting in that it showed fees that were surprisingly low. Only 22 - 25 bps when you combine the premium fee, the policy fee and the mortality charge. After the 10'th year, that is. The first 10 years have some pretty hefty fees.
'course there is a large implicit, unstated fee in that the policy holder does not get credited with dividends.

I'm heartened that you've finally realized that a simple, low-cost S&P 500 Buy & Hold strategy will leave you with more money.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.