Whole Life... Why Not to Love It?

[Tahoe Ray]

No one said anything about an annual return...

That's what IRR is...

Internal rate of return - Wikipedia, the free encyclopedia

 

[Larry Tew]

IRR or Return Multiple, it's a good deal either way.

 

[Tahoe Ray]

IRR or Return Multiple, it's a good deal either way.

Something we can probably all agree on....

 

[GoCubsGo]

343K is probably what a funeral will cost 60 years from now. If the cost of a funeral doubles every 7 - 10 years then that wouldn't be enough if lives to age 85. haha

 

[blue_wynd]

343K is probably what a funeral will cost 60 years from now. If the cost of a funeral doubles every 7 - 10 years then that wouldn't be enough if lives to age 85. haha

It looks good when you talk about future CV in today's amount. You will have 1 million dollars in 60 years CV. And coffee cost $30 a cup! That being said, I got par whole life for me, my kids and wife. .

 

[Larry Tew]

Inflation works both ways. Stuff will cost more in the future, but the dollars you pay premiums with become less valuable every year too.

 

[ctg]

Where can I find a 25 year old that (1) has $500 a month to spend on life insurance and (2) is smart enough to want to?

 

[Hastingsinsurance]

Where can I find a 25 year old that (1) has $500 a month to spend on life insurance and (2) is smart enough to want to?

Are we taking bets? I know one or two that fit that criteria.

 

[ctg]

Are we taking bets? I know one or two that fit that criteria.

No bets...I just don't know anyone...

 

[DHK]

As for smarts... that's the agent's job to help prospects 'see the light'.

If you can't do it... either someone else will, or no one else will.