Indexed Universal Life Insurance Fees updated for 2021

[@pablo08034]

Just brilliant. Definitely gave me better insight. Matt is a Fiduciary for the Masses!

[@mgelax]

Ok, but what are the amounts nof the fees? What are the percentages? Sure, you can compare one IUL vs another, but how much of the investment portion is actually invested in my account and how much goes to the insurance company and to commission? I am very good at math, please just give the actual hard numbers.

[@CashValueLifeInsuranceReviews]

It is different for every person. Feel free to book a discovery call with us and we can help figure out if an IUL is a good fit or not: leveragedwm.com/contact-ii/ Thanks for watching!

[@mgelax]

@@CashValueLifeInsuranceReviews I was wondering if I should post in reply to this something along the lines of "I know there are variables." Please just give me an average or common set of numbers. I am not holding you to a quote. I am not going to expect you to honor those numbers. I just want the actual, numerical values that are relatively typical of the type of plan you frequently sell. And, as I should have done earlier, I will preface this with "I know things can vary", but let's face it, the numbers aren't so different that one would confuse the number 7 with a cheeseburger. Or that variance between 5-15% is hard to know. You could say that such-and-such fee costs between 2 and 5 percent, but usually ends up somewhere around 3-3.5%. Please, just give the numbers.

[@mgelax]

@@CashValueLifeInsuranceReviews For example, If you asked me how much gasoline costs in the USA, I could say "oh, well it varies so much that it's hard to say without knowing your specific situation." MORE helpful would be "without getting into specific situations I would say somewhere between $3-5 per gallon. Some states with higher costs are over $4 and pushing $5, while others are still below $4." Can you see how that would be so helpful for someone coming from SE Asia and they have no idea the practical value of the American dollar? Does it answer how much it will cost on their vacation to Atlanta? No, but they at least get a decent starting idea of how much it costs. Please do me that favor here in this chat.

[@mgelax]

@@CashValueLifeInsuranceReviews did you just forget about my question? Please be helpful and share the information.

[@Big_delta]

@@mgelax It seems like insurance agents really do everything to keep this a secret. They do a great job selling the benefits and manipulating performance comparisons... (IE not reinvesting SP500 dividends & starting the comparison off at the tech bubble in 2000 to artificially inflate the return and appeal to the emotional side of the prospect). The videos that show any kind of breakdown use accelerated funded policies to lower the expense ratio (IE a +20k/year premium). I'm surprised a CFP would just doge the question entirely. It reflects poorly on the designation and those who are actually fiduciaries... but hey, Leveraged Wealth is just another insurance company disguised as a wealth management company.

[@David-zn7uf]

Very helpful. I love the original video and this is a great update to it! Well done

[@kellz83]

The fees and cash values in these examples are cumulative, over the life of the policy to the 30 year point, correct? Not yearly?

[@ironthistle2024]

In the old video u stated that the top example was the wrong way. Could u elaborate on that? How was it set up wrong?

[@Bryan-om3wq]

Wait, isn’t this contradictory to your pacific life PDX2 review? Since it has a 7% cost for a 2.7 multiplier? There’s actual policies that received 61% last year alone.

[@marketeandotehoy]

Great Video! Very true! Thank you!

[@conggao5565]

Thanks Matt. What is the pros and cons from your point of view for VUL, for younger folks, let’s say 20-30 yrs till retirement?

[@aaroninretrograde]

- if you do this as a means of an investment (as well as a genuine LI plan), is it less risky than say investing in stocks with how unpredictable the market can be?

[@CashValueLifeInsuranceReviews]

Yes, you are taking less risk inside a CVLI policy.

[@mrderek800]

Can an IUL policy be structured in a way for someone to contribute not a whole lot of money now & as time goes on the policy holder is then able to contribute more money to the IUL policy? Thanks. @Cash Value Life Insurance Reviews

[@CashValueLifeInsuranceReviews]

Yes, it CAN be done. Should it? Maybe, maybe not.

[@rafizxDx]

Great tips thank you!

[@CashValueLifeInsuranceReviews]

No problem! I am glad you enjoyed it!

[@djcq88]

500k DB 32 year old preferred health rating - 330$ a month … should my policy perform in 35 years?

[@CashValueLifeInsuranceReviews]

Hello DJ CQ! I have no idea!

[@bobby_ewan]

DJ, if you want the maximum amount of tax free distributions in retirement this is set up incorrectly

[@djcq88]

@@bobby_ewan why you say that?

[@bobby_ewan]

@@djcq88 who ever set this up maximized their commission not the performance of the policy. Matt teaches about this all the time in his videos. You can find me on IG if you have questions

[@djcq88]

@@bobby_ewan how do you even know that...without knowing the details of my policy?

[@thomasdipaolo2349]

Yes, helpful

[@CashValueLifeInsuranceReviews]

Glad to hear!