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Is Cash Value Whole Life Insurance Better Than a Savings Account? | Garrett Gunderson 

Garrett Gunderson
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2 окт 2024

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Комментарии : 20   
@HazeltineLLC
@HazeltineLLC 8 месяцев назад
Garrett - thanks for the great content as always! As Chris Kirkpatrick said on my show, actualize your potential future net worth with a portfolio of life insurance (convertible term + whole life). Over time, you'll convert the term to whole life, thereby locking in your potential future net worth on a guaranteed basis. I would always say, proper order of operations: first secure your full human life value with convertible term. Then convert it over time to whole life, thus locking in your net worth and (over time), making it liquid and accessible via the cash value.
@GarrettGundersonTV
@GarrettGundersonTV 8 месяцев назад
Yes. Totally agree. Economic value secured first. Term that is convertible. Then when cash flow can support it, convert to whole life.
@boiledegg-h1c
@boiledegg-h1c 7 месяцев назад
hello, new agent here. what is meant by cash flow? since it is term insurance where does that cash come from? thanks for the help and i hope you see this comment.
@HazeltineLLC
@HazeltineLLC 7 месяцев назад
@@boiledegg-h1c Generically, cashflow simply means how much money is flowing into vs. out of your personal economy every month. I'm not sure exactly what the question is getting at, though. Using whole life can greatly optimize your cashflow, but not sure how term insurance would play into the question you're asking.
@payamalai3886
@payamalai3886 5 месяцев назад
I am a life insurance guy in Canada. I would love to have your spread sheet in order to understand W/L and U/L. Is it possible?
@GarrettGundersonTV
@GarrettGundersonTV 5 месяцев назад
Best thing to do is order what would the Rockefellers do on Amazon!
@maiahatcher9949
@maiahatcher9949 5 месяцев назад
How much is the interest when we borrow the money from our policy
@GarrettGundersonTV
@GarrettGundersonTV 5 месяцев назад
Depends on the dividend you are earning. Or the company you are with. 5-8 percent.
@maiahatcher9949
@maiahatcher9949 5 месяцев назад
@GarrettGundersonTV thank you. Do you do consulting with us, or have anyone from your team do? We are exploring some options on how to use our money. Buy a house with it or take a loan? So many things to consider....
@multimeter2859
@multimeter2859 9 месяцев назад
Can you do a show with Chris Naugle if you haven't already?
@GarrettGundersonTV
@GarrettGundersonTV 9 месяцев назад
I don't know that we share the same philosophy. But maybe a healthy debate. I don't watch his content but have heard things that I don't subscribe to. Would be best to hear from him on it rather than through rumor.
@multimeter2859
@multimeter2859 9 месяцев назад
@@GarrettGundersonTV I can respect that. I listen to both, as well as Life180. I like the different takes you all bring.
@GarrettGundersonTV
@GarrettGundersonTV 9 месяцев назад
Nice. Life180 and I are very aligned.
@multimeter2859
@multimeter2859 9 месяцев назад
@@GarrettGundersonTV I saw! I watched the shows that y'all did together. I think my favorite part of y'all's collab was watching y'all pick apart Doug Andrew's IUL video.
@thomasgreenarch7041
@thomasgreenarch7041 9 месяцев назад
See if you can get James Neathery on your show.
@GarrettGundersonTV
@GarrettGundersonTV 9 месяцев назад
Don't know who that is.
@flupu20
@flupu20 9 месяцев назад
Which company offers a living benefit for term as mentioned in video?
@GarrettGundersonTV
@GarrettGundersonTV 9 месяцев назад
WealthLegacy.gg
@-Frost--
@-Frost-- 7 месяцев назад
Literally tons of carriers offer living benefits for term
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