How To Invest 2 Million Dollars For Retirement

[@ThomasColt]

It's very important to consider the fees associated with investing in indexed universal life insurance contracts.

[@RoseBalerus]

Absolutely, I've been researching these contracts, and I've found that the fees can vary significantly depending on the insurance company and the specific contract.

[@John-ww2fv]

That's a great point. I've been considering investing in one of these contracts, but I'm not sure where to start.

[@missedfortune]

If you would like to see all the costs, fees, and numbers for your particular set of circumstances, you can select a time to speak to someone here: Https://3dimensionalwealth.com/getstarted

[@CalmerThanYouAre1]

That's certainly not very good math for the investor. Great math for the insurance company though! By the rule of 72, at a 10% rate of return, that $2M would double every 7 years. Over the next 21 years, $2M would turn into $8M. Why on earth would someone pay $2M for a $5M life insurance policy?! The $2M is already earned. Even if the investor dies, his heirs still get the money and the growth continues as long as the principle is untouched. Buying the life insurance policy you describe is basically equivalent to handing Mass Mutual $3M for nothing.

[@JonC-bj8jm]

For a fully funded IUL, can I borrow the yearly 10% for retirement, or should I withdraw it? Is there a limited amount for borrowing?

[@WealthyTiffany]

Interesting information Doug, thanks for sharing.

[@missedfortune]

You are very welcome

[@mattelvis1866]

This is awesome! 👍🏻👍🏻Reminds me of how I got to over a million. I made my first million investing 250k in stocks trading, with the help of a licensed finance manager I met at a finance seminar in NY who trades for me.

[@KAT-bn2bh]

Hi, I've a lump sum I need to invest. Who trades for you & how can I reach this person to help me trade?

[@mattelvis1866]

@@KAT-bn2bh Hello, You can look her name up, Erlinia Jedraa Barrett.

[@fredrickprisca1499]

Awesome, a friend from Houston, Tx referred me to Erlinia Jedraa Barrett. So I googled her & reached out. She trades for me and has tripled my 100k in a few months. She’s amazing. Cheers🌹🥂

[@hardmtnbiker]

Great information, I will ask my financial advisor about these types of funds. Your channel is a wealth of information, pun intended. Thanks for sharing

[@missedfortune]

Glad it was helpful!

[@catherinehernandez1267]

I love your channel and have two of your books. Keep making these videos!

[@missedfortune]

Thank you so much!

[@metalhead2023]

Other question is what company i can do that contract with

[@luckbeck3269]

Nice video. YT recommended this

[@metalhead2023]

Couple questions.1 is what happents if i pay 2 mil.and the insura ce company goes bankrupt

[@terrancecox3954]

Great info

[@leftyk072]

If these accounts are life insurance contracts, isn't it crucial that applying for these policies + death benefit we need to be in near perfect health to be approved for such accounts? Arethere other fees/premium if we (figuratively) put 1 or 2 million lump sum into such account?

[@factshurt5362]

I would love to get to the point to have 1 or 2 million. The max I can put in is 22,500 a year, I’m 43, and I just started this year. Looks like an impossible task but I’m giving it a go

[@missedfortune]

You can do it!

[@venusreena2532]

Its not impossible at all.. and higher than 10% yield is common today.. FSK ... JQC.. GEO etc.

[@Sofaguy101]

I stay away from life insurance in general

[@insurancewithcharmagneprest817]

How you this as insurance agent

[@missedfortune]

Register and see the training and tools I have to offer: www.iulinsiderpro.com/training-registration

[@diana7676]

You could have done inherited Ira without the insurance plan.

[@missedfortune]

I can introduce and refer you to a specialist. Go here: 3dimensionalwealth.com/getstarted/

[@venusreena2532]

Tax exempt 10% yield is unusual

[@missedfortune]

If you are referring to tax-exempt municipal bonds, then yes you are right. If you are talking about returns in an IUL, then I have seen 10%+ several times.

[@Boulder836]

Selling life insurance 🤮🤮

[@jturner7771]

Lots of words. Little being said.

[@Parrottptg]

Life insurance scam 🤣