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Ameritas as a good IUL with free chronic and critical illness benefits.
Good point. It all depends on what your priorities are.
I still like a Mass 10Pay with their LTC rider if you want the best combo of accumulation and LTC coverage.
I need to dig into TAs IUL/LTC rider to see how it compares to Mass and JH.
Nationwide isnt "bad". Its just from an accumulation standpoint they are behind the curve from what I have seen so far. But a few really good years in the market and it could outperform the Mass 10 Pay. So 6 one way half dozen the other probably with Nationwide vs. Mass. I like Mass because the dividends help to increase the LTC benefit.
I've learned and evolved my position since then.
Almost all the illustrations I have seen are done using 6% return, I haven't really played around with the index averages yet but I suspect it doesn't take a whole lot for the return to drop down to 5% or even 4.5% and that will paint a very different picture as far as the lifetime retirement income is concerned.
Of course, to be fair, the return can go up to 7 or 8 % too for the policy.
Always run hypothetical illustrations at lower index returns. That is where you start to see a real difference between various carriers and policy designs.
If your IUL is crashing below 5% when fully overfunded, then you better think hard about selling that carrier.
Agree with this completely. You will see high charge carriers (LFG, Pac, ect.) really far apart under a stress test of 15-30% underperformance. Contractually guaranteed bonus and multipliers are the only ones I will entertain.
I cant even get on board with guaranteed multipliers. The way IUL's are headed is making whole life more and more attractive.