The Math of Building Wealth
A friend of mine is an expert on advanced life insurance policies as a method of building wealth.
I was a bit skeptical so I asked him for numbers based on investing just $1,000 a month starting at age 25.
Here's what he said..
"Starting at age 25, if you were to deposit $1,000 every month, you would start immediately with a $1,060,000 death benefit, and at
age 65 you would have roughly $1,200,000 in cash. Your death benefit would have grown to roughly $2,400,000 and you would no longer be required to pay premiums. The policy would continue to grow for the rest of your life, both in cash and death benefit, and with tax benefits."
If you need more details just email Les Himel at lnhimel@gmail.com
Content written and posted by Ken Abbott abbottsystems@gmail.com