New Life Insurance Investment Advisor: Achieving Financial Security for You and your Family Through Today’s Insurance Products
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“For those who need to understand the different types of life insurance, as well as considerations of buying and managing policies, this book should be on your Reference shelf nearby. If you find you often fumble with the terminology, such as differences between variables, universal and variable universal life (VUL) policies, which eventually will be a little light through the fog . ‘- MorningstarAdvisor. life insurance should not be com C… More> ;>
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April 24th, 2010 at 2:12 pm
I am an avid reader and have ordered dozens of books on Amazon, but this is the first time I took the time to write a review, because I think this book can help others in the same situation as me.
I requested this book when I was a life insurance application, based on the investment strategy in the book of Andrew Douglas’ failed Fortune 101. I wanted to review another reference to life insurance to learn more about it, and to corroborate Andrews strategy. It is the only book I could find others who have discussed LI from a financial investment. It is a comprehensive book on the TA. It is a great book, and so far I’ve only read pieces by jumping around the areas that needed to understand the kind of policy that were requested, and justify in my mind that in fact it ‘ was just for me (I’m working with a financial planner who recommended a specific plan, and has concentrated his practice on the strategy of Doug Andrews). This book gave me lots of information I needed to ask my questions about my political agent. In fact, he was impressed by my questions and I wanted the name of this book.
This is a very readable book, with lots of tables * * understandable examples. I also found it very objectively discuss the pros and cons of different types of policies, and discuss the personal situation in which a particular policy can be better. The purpose of this book is clearly teaching – no hidden agenda or bias that can detect. The author CFP, CLU, CHFC and powers.
Last but not least, the author emphasizes the need to manage your life insurance policy over time, as you would any other investment – in particular aspects of policy flexible, including, where appropriate, the transfer of 1035 to more appropriate policies.
Rating: 5 / 5
April 24th, 2010 at 3:09 pm
VUL is a wonderful product, which, if used properly, can be an excellent tool to reduce taxes at retirement. I’m not sure what the person below was referring to when he says to buy term and invest the difference in the level of a mutual fund with better results. Insurance in the VUL is the term, a term can even be reduced if the insured wishes. (Why not buy a term insurance with a tax-free income in the VUL policy) I have never heard of a level term that lasts more than thirty years and under-investment accounts have the same directors and investment funds investment! Bias against this instrument is to people who have not accumulated much money, because they are unaware of tax faced bumps their qualified plans. through from other people who write for the Wall Street Journal or other means, probably, not financial professionals. I understand the desire to hate insurance, but people should ask themselves: between taxes and insurance (since you have to pay for either), why not pay for it is clearly less expensive long term – - Insurance.
Rating: 5 / 5
April 24th, 2010 at 5:07 pm
Variable life is the best thing next to 401 (k). This book explains why 85% of Fortune 500 companies use this strategy of tax to fund supplementary pension schemes for executives. It is clear that someone who believes buy term and invest the difference is smart has not made much of a lot of money, so I do not understand what makes their income tax in 1099. This book affirms my own actions. Although I would like to avoid commissions, is a decent compromise – the confiscatory tax evasion on growth and, later, on revenue produced intentionally retirement. My program works like a mutual fund tax-free, my agent is a CFP, and all was well worth the few thousands of commissions paid. Compared to the Commission on Human IRS unearned, is a boon for those who have intelligence and logic to overcome old prejudices and old word of mouth. Thank you to this book, I like what I have even better now.
Rating: 4 / 5
April 24th, 2010 at 6:05 pm
This book is essential reading for anyone seeking to accumulate large amounts of wealth and vast reserves of cases of a secure retirement. Once you reach a complete understanding of how best to pay for life insurance, the hardest part may be finding a qualified financial advisor to assist the long term. It is a long term agreement, which requires a long-term adviser to help you do what most people are not capable of doing. . . . the accumulation of wealth. The book will also be a guide to refer, from time to time.
Rating: 5 / 5
April 24th, 2010 at 8:59 pm
This book is a must for any specific financial services professionals, and any investor. Baldwin, Ben takes the new investor through the basics of financial planning, teaches about mutual funds, life insurance, annuities in an easy to understand way highlighting the advantages and disadvantages of each product. Originally one of the fiercest critics of variable products, Ben Baldwin was open minded enough to take a serious look and products for the study variables. His change in attitude is as impressive as his credentials. For those who continue to assert that the variable products are expensive, charged with assembled products, perhaps you need to open your mind and study of these products. You can even change your mind and realize maybe something you can not do, which might actually be VUL Swiss Army Knife of financial planning.
Rating: 5 / 5