The Wealth Without Wall Street Podcast Round Table | Should I Start a New Policy or Pay Back Policy Loans?
Should I start a new policy or pay back my policy loans? It reads like a black or white decision, but it’s more complicated than that. Before you answer that question, answer these: Do you see your policies as assets or expenses? Are you expecting more money soon or not for a while? Is your policy new or old? Are you 30 years old or 5 years from retirement? No decision lives in a vacuum, so there is no “right” answer.
The best course of action depends purely on your unique situation and goals. Once you determine those answers, you will be better informed and able to make the strategic decisions necessary to secure your financial future.
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
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