Thinking twice about variable universal life
by Content Keyword RSS copy on Thursday, September 2nd, 2010 | No Comments
QUESTION: I’m single, in my 30s and I’m already maxing out my 401(k) and IRA account. My financial planner is recommending I purchase a variable universal life policy, the rationale being that I have exhausted all of my other tax-advantaged investment opportunities. I trust my adviser, but I don’t understand whether a variable universal life policy is really a good deal. What do you think …
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