Most people fail to save and invest as much money as they need to achieve their financial goals. Today, we discussed a common faulty strategy many people fall prey to. While it makes sense on paper, this approach is rarely the best option.

Wealth Inside and Out® Podcast: “Before You Buy Term and Invest The Difference”

In this episode, you will learn:
>> (2:23) The most important consideration when purchasing life insurance.
>> (3:14) Understanding the different types of life insurance policies available.
>> (7:03) The potential for investment return in different scenarios. For many people, the risk may be too high.
>> (10:46) The reality vs theory of “buy term and invest the difference.”
>> (13:34) How the right insurance policy can impact and benefit your retirement.
>> (15:54) The importance of planning for longevity when purchasing life insurance.

Conclusion – “Before You Buy Term and Invest the Difference”

When it comes to life insurance, you have many options, which can feel overwhelming. Today, you will learn about the most common types of insurance and a common strategy that rarely turns out as planned. You will also learn how to avoid falling into an insurance trap that fools many people.

Enjoy the episode.

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Disclosure

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This information is for educational purposes only. It is not intended to replace the advice of any advisor or specialist, nor to provide investment, financial, tax, retirement, planning, or healthcare advice.

Always consult with a qualified professional before making any financial decisions or changes.

To your financially secure life,

Annette