Whole Life Insurance Rate of Return...It's Not What You Think

Many of us in the financial planning industry like to argue the rate of return.  Not necessarily us specifically.  We learned years ago that it's mostly a colossal waste of time. 

But many of our colleagues enjoy gloating when their investment ideas produce impressive returns.  When things turn in the other direction they tend to be a bit silent on the matter--perhaps they are busy searching for the next big idea?

When two savings/investment ideas come head-to-head, we often race to a rate of return discussion.   We think it's because most of us believe that if the rate of return is greater it will automatically be the case that what we can get out of such an investment will be greater. 

But that's not always true. Remember you can only spend money that you have, dollars in your bank account. Nobody accepts a higher rate of return as a means of exchange.  _______________________

If you'd like to explore your options with what whole life insurance can do for you and how it may give you more spendable cash in the future than your other options, please click here to contact us.