Buy Term & Save The Rest . . .

[myinsurebiz]

So $300 - $500 to invest?

Save that each month (or put it in a cd) to put towards a down payment on a house.

Or put it in a conservative Fidelity or Vanguard fund each month.

While some life insurance agent might not get to make a juicy sale, this young couple will build much more towards their retirement this way.

No - $300 to $500 for everything - the $Million$ Term life insurance, etc

 

[Tahoe Ray]

So $300 - $500 to invest?

Save that each month (or put it in a cd) to put towards a down payment on a house.

Or put it in a conservative Fidelity or Vanguard fund each month.

While some life insurance agent might not get to make a juicy sale, this young couple will build much more towards their retirement this way.

100% agree. 500/mo in a Roth will yield a much better return over 30 years than any insurance policy.

If they are aggressive in their portfolio, maxing everything else out (and thus, can't qualify for a Roth), then WL or IUL starts to make a lot more sense as a retirement supplement.

 

[myinsurebiz]

100% agree. 500/mo in a Roth will yield a much better return over 30 years than any insurance policy.

If they are aggressive in their portfolio, maxing everything else out (and thus, can't qualify for a Roth), then WL or IUL starts to make a lot more sense as a retirement supplement.

Thanks.

 

[Markthebroker]

100% agree. 500/mo in a Roth will yield a much better return over 30 years than any insurance policy.

If they are aggressive in their portfolio, maxing everything else out (and thus, can't qualify for a Roth), then WL or IUL starts to make a lot more sense as a retirement supplement.

They'd still make more investing in a mutual fund independently. Or real estate.

 

[myinsurebiz]

They'd still make more investing in a mutual fund independently. Or real estate.

Again - how does one invest in real estate with $300 to $500 a month to use?

 

[Markthebroker]

Again - how does one invest in real estate with $300 to $500 a month to use?

Again - the same way that was explained before. You park it in a cd until it builds up and you can use it for the down payment or invest in tax liens while we are on the topic. Or, as I mentioned before, invest in a Fidelity fund or Vanguard fund. Better returns.

 

[Tahoe Ray]

They'd still make more investing in a mutual fund independently. Or real estate.

The Roth would be in a MF. If they're making over that, the WL/IUL becomes the bond component of their portfolio.

It is extremely tax efficient with a decent (4-6%) IRR.

Nothing beats real estate but that requires management. Not everyone has the skill or patience to implement that.

 

[myinsurebiz]

Again - the same way that was explained before. You park it in a cd until it builds up and you can use it for the down payment or invest in tax liens while we are on the topic. Or, as I mentioned before, invest in a Fidelity fund or Vanguard fund. Better returns.

Which is better?

Vanguard vs. Fidelity: Which is Best for You?

 

[Markthebroker]

The Roth would be in a MF. If they're making over that, the WL/IUL becomes the bond component of their portfolio.

It is extremely tax efficient with a decent (4-6%) IRR.

Nothing beats real estate but that requires management. Not everyone has the skill or patience to implement that.

You are absolutely right. 100% correct. That' why there is property managers, also you can invest instead in vacant land, reits, tax leins.