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Comment “IUL” below to learn how! 👉 In this client scenario, this is a 32 year old male with a standard rating. He is putting away $400 every two weeks or $9,600 every year until he is 65 years old. This is a Max Funded minimum death benefit policy designed for max cash accumulation 💰 👉 He will immediately have a death benefit of $227,000 which would get paid to his beneficiaries if he passes away along with his cash value. It will even pay out in the event he because critically, chronically, or terminally ill. 🏦 👉 He will have $108,000 available for uninterrupted loans after 10 years, and about $973,000 at the age of 65 years old. 🤑 👉 If he chooses to, he can trigger an income stream at 65 of $86,000 a year or $7,200 a month TAX FREE for retirement! This would last him until about age 90 paying a cumulative amount of roughly $2.1mil through his retirement. 👉 He would also still have approximately $270,000 in his death benefit at age 90 to pass down to his family tax free. 👉 The interest rate is assuming a 6.2%. This interest rate is NOT guaranteed, but is based on what this account has historically done in the past. 📊 Comment “IUL” below to learn how! *All videos are for educational purposes only #investments #banks #lifeinsurance #roth #newyear #financialfreedom #generationalwealth #legacy #annuity #ira #401k #iul #cds #savings #interestrates #inflation #beyourownbank #infinitebanking
Duration: 8 sPosted : Fri, 23 Feb 2024 05:17:52Views
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