Comment on Been looking into getting an "Indexed Universal Life" insurance policy. Are these trust worthy?

EnsignWashout@startrek.website ⁨1⁩ ⁨week⁩ ago

I hate investing

Mutual Funds / Index funds are your best bet. If you can, pick out one named “target retirement YYYY” with roughly the year you will turn 67.

It will automatically follow investing best practices based on your current age - agrressive earlier, and very cautious later.

I’m not familiar with all the details of how it works

Perfect recipe to get ripped off. (Most people I know say this is a bad product you are considering buying.)

source
Sort:hotnewtop