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X Curve. Example Coverage of $500K. +. -. Term. $1,000/mo. - Affordable. - Death Insurance. $100/mo. -inexpensive - Cost effective. $50/mo. -Expensive as you age. 70. 30. 50. 60. - No Ca$h Value. +. -. Whole Life. - Permanent Insurance.
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X Curve Example Coverage of $500K + - Term $1,000/mo - Affordable - Death Insurance $100/mo -inexpensive - Cost effective $50/mo -Expensive as you age 70 30 50 60 - No Ca$h Value + - Whole Life - Permanent Insurance - Slow cash buildup - survivors get Face amount but not the $ put in - Ca$h Value • Tax FREE 120 30 $500/mo IRC 7702/IUL • - No Flexibility $$$ - COST Law of diminishing Responsibility + - I - Mortgage $100 - Permanent Insurance - College - COST YOU - Debt - Fast Ca$h accumulation using INDEX Hypothetical $500 - Survivors gets Face amount + cash vaue I $ $400 Law of Building Wealth 30 65 120 • Tax free • Market Upside with no Downside