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Should you borrow from your Life Insurance?

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Manage episode 274961205 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Some people advocate borrowing from a life insurance policy for everything. Others vehemently oppose taking a policy loan at all. What should you do? The answer is simple though not conclusive… it depends.

Sometimes it makes great sense to take a policy loan. At other times, you can save more money by borrowing elsewhere.

Today on Wealth Talks, Tom and John point out the effects of borrowing against a policy, and how you can decide when to use a policy loan and when to look for other funding options.

  continue reading

465 episodes

Artwork
iconShare
 
Manage episode 274961205 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Some people advocate borrowing from a life insurance policy for everything. Others vehemently oppose taking a policy loan at all. What should you do? The answer is simple though not conclusive… it depends.

Sometimes it makes great sense to take a policy loan. At other times, you can save more money by borrowing elsewhere.

Today on Wealth Talks, Tom and John point out the effects of borrowing against a policy, and how you can decide when to use a policy loan and when to look for other funding options.

  continue reading

465 episodes

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