Not Your Average Financial Podcast™

Episode 249: Whole Life Takes How Long to Break Even? with Dan and Rebecca Proskauer

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In this episode, we ask:

  • What happened in the middle of the tech bubble?
  • Why is it OK for policies to take years to break even?
  • How is this not a deal breaker?
  • Who are the Proskauers?
  • Would you like to hear Episode 118?
  • What is Dan and Rebecca’s story with money?
  • How did they pay for the wedding?
  • How did they pay for the down payment on the house?
  • What about being in control of money (as opposed to having money be in control)?
  • What happened after college?
  • What about savings?
  • …How much did you make?
  • …Did you sell anything?
  • What happened in the financial crisis?
  • Where are we in the market cycle?
  • What did Dan and Rebecca change?
  • Is Bank on Yourself® too good to be true?
  • What happened when Dan and Rebecca started their Bank on Yourself® journey?
  • What about the whole family?
  • What about time?
  • What about up-front costs?
  • What about the post on the Not Your Average Financial Community?
  • What about breaking even?
  • What about taking on a challenge, to prove that the Bank on Yourself® concept doesn’t work?
  • What about looking at illustrations?
  • What about tax realities?
  • What about high interest rate savings account?
  • What about tax in a tax-deferred account?
  • What about treasury bonds?
  • What about the death benefit?
  • What about the numbers equalizing over time?
  • What about Day 1?
  • What about the cash value?
  • What about a stop loss?
  • What about comfort?
  • What about allowing to money to compound?
  • What about having access to money?
  • What about “break even” points?
  • …Compared to what?
  • What about start up costs with everything?
  • Who cares about the first 10 years?
  • What is far, far greater than what you put in?
  • What about value?
  • What about the long term benefits?
  • What about the generations?
  • What about Dan’s mother?
  • What about the family property?
  • What about an endowment?
  • What about the spectacular benefits of thinking long range?
  • What about up front expenses and costs?
  • What about taking the leap?
  • What about talking to people who have already taken the leap?
  • What about reliability?
  • What about flexibility?
  • What about the rolling average of gains?
  • Would you like to join the conversation and tag Dan on Not Your Average Financial Community?
  • What happens on Day 1?
  • Would you like to meet with Mark?

    • Dan Proskauer is Vice President of Engineering United Health Group’s Optum unit and has spent nearly 30 years as a professional in the Semiconductor and Health Care industries.

    He is an engineer by personality and by training and has always been fascinated by details and numbers. Dan has been a Bank on Yourself practitioner since mid-2009 and has started new policies as recently as last year.

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