Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: nordener Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 64  
Subject: VUL investment Date: 12/18/2000 8:17 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
We've been meeting with a financial planner and
he has created a program for us that has us re-financing our home and using the equity to jump start a Variable Universal Life insurance policy. In addition to this, I have a 401k account that is in excess of $200k. I am 39 and want to retire when I'm in my early 50's. Several of our friends have told us NOT to invest in the VUL, but the plan looks good to us and allows us to achieve our early retirement goals.

I've read several posts regarding this subject and there is a core group of questions that one should ask before going forward with this type of "investment". We can answer yes to most if not all, i.e., do we need insurance, are we willing to leave the investment alone for 10+ years, have you max'd out in your 401k (which I do not receive any company matching), etc...

Any comments regarding the VUL?
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next


Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Value Hounds

Waiting for Clarity
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.