Indexed Universal Life Insurance - How Do I access My Money?

[@pablo08034]

Always love Matt's no-nonsense, straightforward approach.

[@yourcompoundcoach268]

Great content man. You break things down so well. Easy to understand material without bias. This is the education consumers deserve in regards to retirement planning. Thank you!

[@CashValueLifeInsuranceReviews]

Glad you liked it!

[@mikepate7323]

Thank you for the great information. As a new agent this helps me understand my products so much better.

[@CashValueLifeInsuranceReviews]

No problem!

[@TheTerrypcurtin]

Great job buy one. this is the only product to replace a pension but better. Love indexed ones

[@CashValueLifeInsuranceReviews]

I have 3!

[@rajbeekie7124]

I am from the school that says, insurance and investment portfolios do not mix. The best return you will get is 5%. Also, in the latter part of your life the cost of insurance will eat up any cash value. In your 90s the value will vaporize.

[@CashValueLifeInsuranceReviews]

Your "school" says that? or You say that?

[@chezchristian1]

Great first video beside tax deferred example shouldn't be used in this example, I was expecting Variable/Fix Participate loan versus Fix and get another video to compare tax deferred and IUL.

[@yulycha7799]

What is the best company to buy with $2,000/mo life insurance?

[@mississippiapple1078]

Question. If I access that money with an interest rate, how do I pay it back since it's a loan against itself. Hope I'm making sense

[@CapitalG222]

Thank you for this Detailed video

[@Allenballen88]

This is so much goodness! Thank you so much!

[@cedarvalleyrvpark7724]

could you please let me know about 9? need to know the formula here.according to my understanding yearly premium is $36,923 and cash value is generating $20,525. isn`t it more than 9% return here.

[@JoeC5050]

something wrong with calculation.. May be something to prove IUL is best!. % and total value wont match fine. But most prospects wont see those mistakes and they end up buying some nonsense policies. Show 10 years old IUL annual statements.. so a review and then we can believe IUL.

[@PaulLumen]

Incredible explanations.

[@rubes918]

Is there a way you can take a look at my Transamerica IUL and my wife's Nationwide IUL?

[@CashValueLifeInsuranceReviews]

leveragedwm.com/iul-review

[@gordonchavez2327]

Great video! On the straight withdrawal, would the money be considered income for income tax purposes that year? And are the loan options not considered income, therefore not taxed that year?

[@CashValueLifeInsuranceReviews]

Loans are always considered tax-free. Withdrawals are tax-free up to your basis. Thanks for watching!

[@gordonchavez2327]

@@CashValueLifeInsuranceReviews Awesome, thank you for responding! Do you have any videos showing an IUL that is funded for the first 5-10 years only with a decent lump sum, say with $50K or $100K?

[@Xinthisis]

Upon death do beneficiaries get both Death Benefit and Cash Value if the Cash Value has outgrown the Death Benefit?

[@CashValueLifeInsuranceReviews]

That's up to the client. If you want both it costs more. Most look for max cash growth elect for the lower fees.

[@Unplugged704]

@@CashValueLifeInsuranceReviews So if a client chooses max cash/lower fees, upon his/her death at year 10 for example, dooes the beneficiary only receive the initial death benefit of 415k while the cash value accumulated ($248,531) is kept by the insurance company?

[@CashValueLifeInsuranceReviews]

No. Year 10 the DB is $671,479.

[@Xinthisis]

@@CashValueLifeInsuranceReviews How did you come up with this number? I've been looking for details on the actual 7 pay calculation but its all over complicated illustrations.

[@CashValueLifeInsuranceReviews]

Xinthisis which number? The 7 pay? That is set by Tamra tefra and defra based on age risk class and face amount.

[@AlCappellathe1]

Excellent!

[@rickybelmontes5364]

Amazing training

[@CashValueLifeInsuranceReviews]

Thanks, Brother!

[@ginak4262]

So when I access my money during retirement, I take a fixed participating loan (mostly around 5%) and I will pay that 5% in TOTAL of all my withdrawal every year but loan amount would still make money from the investment gains. Does your spreadsheet factor that in, that I will be paying the 5% for the TOTAL withdrawal?

[@CashValueLifeInsuranceReviews]

5% is added to your loan balance each year to be paid back with the death benefit.

[@janetvalencia597]

In essence you are not paying an actual fee out of your pocket. Loans are not due during your life time and in death deducted from the death benefit?

[@luispaz135]

How can I get in contact to get more information and set up a strategy for myself?

[@CashValueLifeInsuranceReviews]

[e-mail]

[@slavachernoy5320]

Instead of taking 5% growth, you take 1.7%. Is it intentional mistake?

[@tmacphd7871]

From where does the final loan amount get paid.........cash value or death benefit?

[@CashValueLifeInsuranceReviews]

On surrender out of cash. on death from death benefit. All the numbers you see on an illustration are net of loan payback.

[@rubenod06]

So if a loan is taken out and the person dies, the beneficiary gets the death benefit minus the loan amount? So technically, it really was never their money because it was always a loan? Am I missing something? TIA

[@tsx0013]

Why is it hard to get into the details? What happens to the loan rate on the 500,000 when you take it out? Who pays for it? The insurance company???? GTFOH You take out 500,000 and it is charged at 5% which what? 25,000, so did you really earn 100,000 or shouldn't it be 75,000 at the least? That's all without including fees from transactions too. Please explain how the insurance company benefits, because it seems like they make way more on the money you are putting away and only giving you 1% of your money.