Historical Whole Life Comparison

Historical Whole Life Comparison

Over the course of the past several weeks, we looked at real whole life policies and evaluated their real policy performance.  We specifically looked at cash value accumulation comparing original projections of non-guaranteed values to the actual performance of the policies.  Every policy spans a timeline of around 10 years.  we used internal rate of …

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Northwestern Mutual Whole Life Historical Results

Northwestern Mutual Whole Life Historical Results

Next up in our series of reviewing real-life results from whole life insurance policies, we look this week at Northwestern Mutual.  Like other policies reviewed, we took data from a Northwestern Mutual whole life policy purchased around 10 years ago.  We have the original illustration and used that to compare against current policy values. We also …

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Whole Life Insurance for Your Stretch IRA

Whole Life Insurance for Your Stretch IRA

The SECURE Act of 2019 rewrote the rules on inherited IRAs.  The biggest change eliminated a Required Minimum Distribution (RMD) schedule for younger non-spousal heirs that allowed them to “stretch” the distribution period out for their lifetimes.  The new rules require these individuals to instead distribute all of the money in the IRA within a …

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Your IUL Assumptions Are Probably Wrong

Your IUL Assumptions Are Probably Wrong

Since its inception, agents, marketing organizations, and even some general consumers have obsessed over the “average” interest credit assumed when projection indexed universal life insurance values.  At one time, insurers used various “look back” periods–typically the one that showed their products in the best light–and regulators allowed these insurers to use whatever the average index …

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Buying Life Insurance with Leverage

Buying Life Insurance with Leverage

In the interest of building newer and sexier ways to lure you into buying life insurance, agents and marketing organizations think it would be super nifty if you harnessed the extra buying power of a bank’s money to make the policy you can buy even bigger!  The idea looks something like this, buying more life …

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