Patrick Kelly (4)

When the author advises you to do your own due diligence, he is not kidding around. There are several drawbacks/risks involved in Indexed Universal Life Insurance that are conveniently omitted or briefly skimmed here. IULIs can be powerful financial tools! But they are not the certainty the author makes them out to be.

This is a well thought out book with mathematical and verbal explanations of what can be a tough-to-understand subject. Written by a life insurance broker, it is a treatise on the argument for investing in a life insurance policy as an investment vehicle vs. using a 401K. The book is certainly biased based on the author's profession. However it is very logical and well written and helps understand the tax ramifications of both 401K and using a universal life policy as a place to put money show more toward retirement. The main detractor for using universal life are the high management fees (and other requirements related to the value of the policy), which are not adequately addressed, the main shortcoming of the book. show less

Very informative book but not for everyone. It's good for those looking into retirement information. It doesn't jump out for those looking into saving money. For most people this is a quick but forgettable read. For others its very enlightening.

How to sell and why to buy "permanent" life insurance. Not an unworthy plan, but more open and better writing is found elsewhere.