If you’ve been shopping around for the best possible method to get a significant reduction in retirement cash flow in retirement, you may have come across financial representatives who sale wealth beyond wall street strategy. Such financial representatives make enticing promises that may make you sign on the dotted line. However, what they fail to tell you is the downside that comes with choosing the Indexed Universal Life policy for your future needs.

To ensure you make an informed decision, here are two reasons why you should not choose the Indexed Universal Life policy for your future needs.

Money Loss

No one wants to lose their money after investing it. Well, this is a possibility for the Indexed Universal Life policy since the owner could end up losing money years when the index mirrored in the policy’s non-guaranteed returns goes down. Things are not any different when the index trades laterally or when it goes up marginally. This something you never want to make do with at any time after investing your hard-earned money.

Owners Assume Many Risks

If you’ve done your homework, then you can attest to the fact that owners of the Indexed Universal Policy assume many risks when compared to other policies out there. For this reason, it is easy for the owners to lose money, limit cash value growth, or even face needless taxation. Well, this is something you no longer have to worry about when you choose to settle on a Participating Whole Life Insurance policy since the insurance company assumes these risks.

Final Thoughts

Even though the proponents of wealth beyond wall street do not see anything wrong with relying on this strategy, there is more that they are not letting you know. To avoid making a decision that you will live to regret for the rest of your life, it is in your best interest that you carry out a detailed research and understand what the wealth beyond wall street method is all about. That way, you won’t cry foul after signing on the dotted line.

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