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| If you do it you will regret it. Ask one simple question of the agent, how much are you getting paid to sell this? Have them run an illustration at 7% with costs. The policy will collapse. You are so much farther ahead with term and investing in the Roth it isn't even funny. Trust me. I sold VUL when i was young and brainwashed by the company I worked for. I wish I could undo everyone of them. The preached the exact same premise you just explained. Its dead wrong. Go on Schwab, set up a roth, fund it with $7k buy the low cost growth fund and then get some 30 year term. | |
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Variable Universal Life Insurance the new Roth IRA
