BetterWealth with Caleb Guilliams
The REAL Value of Whole Life Insurance EXPLAINED | With Todd Langford
Apr 10, 2024
Expert Todd Langford explains the true value of whole life insurance as an asset, discussing factors affecting returns, Internal Rate of Return (IRR), benefits over traditional savings, using it for market investments, money transfer dynamics, and comparing it with Index Universal Life Insurance.
30:46
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Quick takeaways
- Whole life insurance can provide a 10.69% annual return compared to other assets, highlighting the importance of assessing rates of return across different investments.
- Understanding the complexity of internal rate of return allows for a structured evaluation of long-term financial growth and stability, emphasizing the need to align investment decisions with individual goals and risk tolerance.
Deep dives
Comparing Rates of Return to Like Assets
When analyzing the internal rate of return factoring in tax and fees, a comparison revealed that life insurance policies can provide a 10.69% annual return when stacked against other similar assets. This comparison underscores the accuracy of assessing rates of return across various investment avenues, shedding light on the impact of supporting bonds that can reduce the initial expected return by transforming a 12% into an 8%. Such considerations highlight the relationship between returns and the diverse facets affecting long-term investment outcomes.
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