“‘Get 10 to 12 times your annual income, 15 to 20-year term… invest the difference.’”

The Ramsey Show · Don’t Let Others Control Your Future

Play from 1:12:43
1:12:43

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What was described

Advise buying a 15-20 year term life policy 10-12× annual income via Xander.com instead of whole-life

10-12× income, 15-20 year term

Said nearby on the same subject

“The typical interest rate on a savings account is so low you need a magnifying glass; cash in a whole life policy grows guaranteed and pays dividends.”
♫
Said on Entrepreneurs on Fire
Contrarian take Share this moment
“It was about three, I mean, it was my whole life, and then about three full time years of just experimental work in the studio, doing things like the 100 Days Project”
FW
Fleur Woods
Best Business Podcast with Rosie Holt ·
How they work 100 days Share this moment
“We put your 4 million into an income annuity… we put it into a life insurance policy, put the life insurance policy into an irrevocable life insurance trust… 12 million free of taxation to his children”
♫
Said on Entrepreneurs on Fire
How they work $4 million initial IRA; projected $12 million tax-free benefit to heir… Share this moment
“When you sell a long term care policy, I mean, you make something like $5,000 in one transaction.”
CN
Clarence Napier
Insurance Broker and Consultant Supporting Business Owners ·
Hard number $5,000 commission per transaction Share this moment

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