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T**Y
Awesome read!
I loved how easy to read this book was. It gave related examples and a great foundation to understanding the benefits of whole life insurance!
P**S
Mystery unveiled: making money work twice as hard for you
This book is a short read with concentrated information on different types of life insurance policies. Better than that, it shows creative (even surprising!) ways to use certain types of insurance to build tax-deferred or tax-free growth of your money. It describes ways to enhance your life at every stage of adulthood. In other words, using the policy for financial benefit while you are alive, not only for a payment to your family at the time of your passing. Hence the word "live" in the title. It's a complicated subject, but the author breaks down the concepts into understandable chunks and explains each step. She also describes the different actions and benefits to take at each stage of life: 20-40, 41-50, and 50+. I was particularly intrigued by learning how to use one kind of policy, in conjunction with specific financing on a home, to live a more fun and comfortable life after retirement - and still leave my heirs with more assets and no debt! If Kim ever writes a revised edition, I'd sure like to see some graphics to help demonstrate the concepts but this is a great expose` on the principles as-is.
P**Y
Left me wanting more.
It was a good eye opener for me and makes me want to educate myself more. Some parts weren’t that easy for me to understand,but that’s because I came into this book totally ignorant to the topic. I’m looking forward to learning more and thank you to the author for writing an engaging book and exposing me to a new world.
A**R
Incredibly informative & valuable
Wish I’d listened to my dad when I was young & ignorant. I’ll know better to educate myself, our children & beyond on stewarding prosperity and generational wisdom. Thank you for this book!
I**M
Great resource
As a life insurance agent I really appreciate the author for writing this book. Too often details are missed in training and this book helped to clear up some concepts that were fussy so that I can provide my clients with accurate information
D**Z
Business
Very educational and always help me keep up with different points I didn’t know about.
P**I
Great concept... but if you can't put in more than $1K/month...
Great concept... But if you can't put in more than $1K/month it is not worth much as far as financial tool. I had my financial adviser run numbers for me and the results were simple: If you want a retirement vehicle or don't mind waiting 5-10 years to have some money to borrow against - than this is for you. I was looking at as a business financing tool.Now don't get me wrong. If you have the funds this is one tremendously valuable tool. Though I am concerned about the Whole Life with PUARs. The numbers ran against this and an Indexed Universal Life policy just did not add up. The IUL seemed like the better course of action.All I can say is research, research, take some aspirin, and research some more.
T**N
Worth checking out
This is a totally new concept for me.I was always taught that term life insurance was the way to go. I am definitely going to explore this concept and to understand how this will benefit our family. As with most new concepts,your first exposure to a new idea is a little blurry. I will keep on pursuing more knowledge on this subject. This concept should be part of a high school financial education.
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