Updated: Oct 15, 2020
I wasn't really planning on doing this. I was going to try to "let it go" (everybody sing along!)... but I couldn't. The writing challenge is strong and the rebuttals are just too easy to NOT write this, so I'm doing it. There are a fair amount of critics of agents who use life insurance for retirement income planning. Most of these critics are either "financial entertainers" or they are on the "investment-only" side of our business. They simply don't know what they don't know, and it's quite easy to use simple mathematics and tax concepts to disprove what they think.
But then there's this guy. Let me outline his bio paragraph in a few bullet points:
I’ve been active in the life insurance industry since 1991.
I’ve sold insurance.
I’ve brokered insurance through financial planners and advisors.
I’ve been a Regional Director for a major life insurance company.
I’ve acted as an expert witness numerous times and I’ve helped my clients settle life insurance disputes.
You could say I have some life insurance knowledge.
Now ISN'T this the kind of person you want to "vet" your recommendations and strategies?