For most Americans life insurance is a horrible investment program. Today I send out a PSA against magical indexed life insurance policies that are just plain bad.

For 99% of the American population, life insurance is a horrible investment program. The only people who will tell you something different are those with a sales pitch looking for commission. Today I discuss the poor idea of owning indexed life insurance policies as investments. Other topics include:

• How many ways can life insurance disappoint you?
• Who should look at life insurance products
• Retirement costs and tax issues

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.