Money. Wealth. Life Insurance.: How the Wealthy Use Life Insurance as a Tax-Free Personal Bank to Supercharge Their Savings by Jake ThompsonMy rating: 3 of 5 stars
A short e book on how cash value life insurance can be used a part of a financial plan. The author's intent is to have one purchase a high cash value life insurance policy. He reviews the conservative nature of this instrument as compared to an unpredictable stock market. Also, the book details the tax advantages of the cash value that can be used anytime tax free. He does not compare the financial returns to a portfolio performance of various percentages of stocks/bonds/money market instruments over time. Also, there is no commentary regarding a comparison to the Roth 401K/IRA financial instruments. This would make a good addition to the book. It is worth reading.
View all my reviews
No comments:
Post a Comment