Updated: Oct 15, 2020
This blog article today is primarily in response to articles by fiduciary securities advisers like this one:
First a disclosure: I sell life insurance for long term savings. There. I said it. (Whew! It’s like “coming out of the closet”!)
The author of the article is an investment adviser. While I did not look up this person's credentials, it is safe to assume that she is a Series 65 Investment Adviser - A fiduciary securities adviser. Fiduciary securities advisers are, unfortunately, usually not experts on advanced uses of life insurance policies.
Let’s get right to the heart of the matter: Borrowing against your life insurance policy for retirement cash flow.
There are many numbers to balance here: