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URL:  https://boards.fool.com/if-you-started-with-100000-and-the-market-30706672.aspx

Subject:  Re: IUL vs. S&P500 spreadsheet Date:  5/29/2013  1:23 PM
Author:  PSUEngineer Number:  72314 of 95671

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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