It is funny how quick we are to question where someone would get $500 to put into something as useful as an IUL yet, we shell out $$$ without thinking to attend concerts, football games etc🤷🏾♀️
and responsibility ..? Many people only consume and live the the moment ... live in the moment while preparing for tomorrow ..?@@thewoundedhealerremapintl2887
Drinking. Eating out often, some people smoke, expensive hobbies. Some people gamble, buying items and clothes they don't really need or worried about expensive brand names etc etc. You are so right.
Thank you for this information. Am a single mom working so hard to make something out of my long term care and give some to my daughter its very helpful
Great video Doug! I own 2 iuls and took out 2 loans to fund my business in 2020. I told my 28 yr old son to open an IUL for himself. Thanks for posting this video
Good informational video about IULs. But one thing is missing. When you mentioned about annual average return of 6% to 10% , are you saying it will be the same percentage even firrst 10 years? Usually there will be front loaded fees ,expenses etc in first ten years of policy. So one cannot make 6% during that time. I dont see any agent talking regarding this with the client when the talk about IUL
I recommend referencing to my "Does IUL work" series to learn more (th-cam.com/play/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj.html&si=9ns6PlslKbNSQGZj). With that, consulting with one of our IUL Specialists can help with your specific situation (3dimensionalwealth.com/getstarted).
Hi Doug This is terrific! Thanks for the in-depth explanation. But Might I ask? Can this work in other economies outside of the United States. Can someone in Africa or Asia take advantage of IUL Policies?
I love all your informational videos! I'm a licensed agent and got 2 pending clients in their late 50s who got no life insurance yet. How can I get contracted with you just for the IUL products?
You seem pretty smart, but I'm confused about your book giveaway. You want to save people money, and say we only need to pay a nominal charge (for shipping) and you'll cover the rest. But your asking people to pay $9.99, which is over twice (2X) as much as it would cost to ship that book at best. If you really wanted to get the book out to as many people as possible, you should have a digital copy made and you could email it to everyone interested for free! Hope this helps. Cheers.
LOL!!! Itz just bizness. I'd hate 2 hear ur callz 2 da IRS..... or ur ire, @ ur CONcregationz Preacher! ( Datz rite...... Time 2 stand, 4 anutha tithe! )
It's not sent media mail, it's sent priority 3 day mail. Hence the increased shipping rate. Also, a dismal amount of an investment for the wealth of knowledge inside the book.
@@ecaldwell9 B. A. Whiner, up there, probably just wishez da book were n a digital 4mat, so he & his Langley palz, could SINsor it away, or hack n2 itz contentz, changin em n2 CONtentz. LOL!!!
Hi Mr. Dough. I just saw your video but you did not disclose that how much could be a minimum initial Face value according to IRS guidelines. In most of your videos you say that buy the small amount face value policy and put big amount as a premium because it will cost less in I surance and goes the big chuy of money into S&P 500 and helps to accumulate faster cash value. According to the IRS Guideline a person can't pay excessively high premium because the policy may go MEC. This is making me to understand. Could you please make it clear. Thanks.
As little as $500/month 😂 Doug. As a business to business financial advisor and benefits counselor. Most blue collar employees can’t afford to put away enough in an IUL to retire from it. Even with a maximum funded IUL and a blend with a term coverage in it.
? Uh, most people put more than $500 a month into their retirement accounts. I’m a non-college educated blue collar worker with a $125K salary and I own two houses. I know plenty more like myself, it’s not that uncommon.
@@JaridOrgeron no. The average United States salary is $53,000 per year. Most people can’t even afford to own one property especially in the state of California. 58% of Americans have less than $5000 in savings. So just because you’re doing well and can be putting more than $500 a month into your retirement account does not mean everyone else can. As I said I’m a financial strategist and benefits counselor, I have worked with thousands of blue-collar employees in the state of California, Arizona, Nevada and Texas. $500 per month is not something people do
No one from our office is local there, but we do have IUL Professionals that we work with that are licensed there. We meet with people all across the country. If you’d like to speak to an IUL Specialist we work with, you can setup a time here: 3dimensionalwealth.com/getstarted
@@texasowl5356 why do you still listen? There’s IUL, and there’s also a lot more he offers. I don’t go all in on anything, but what about implosion of terms to a 401K or other government umbrella accounts.
@@bpmattic9648 did I defend those accounts? Nope. Shows your level of intelligence when you assume that. And why watch? Because he teaches a lot more than just that. You can apply these theories to multiple insurance and financial instruments to help reduce tax liabilities.
Thanks for reaching out! Right now, we only offer our services in the U.S. We appreciate your understanding and are here if you have any other questions!
The answer varies depending on your situation. To best determine your options we invite you to schedule an appointment with one of the IUL Specialists we work with. You can schedule by visiting www.3dimensionalwealth.com/getstarted.
Hi, I noticed you had some interest in learning how an Indexed Universal Life Strategy can benefit you and help with your goals. As a licensed financial professional, I’d love to get you educated on understanding the different strategies & products out there and how they can be of value to you. What would be a good phone number to reach you so that I can introduce myself and provide some general information about these plans??
Hi Doug your videos are awesome I'm in the process of setting up I already order both books. Doug my question is can a person own more than one IUL at the same time or build them as a ladder to use for living befits.
Doug has previously mentioned having a portfolio of IULS. So, yes, a person can have many. Not to exaggerate but I have heard of people having more than a hundred IULs and using them to acquire businesses, to provide financing for automobiles, etc. Seems like an impressive tool.
@@genolucero5385 yes because instead of going to borrow money from the bank and owe them you can borrow money from yourself and use these IUL’s as a personal private bank. Only difference is your borrowing your own money so as long as your earning consistent interest you don’t have to pay back your own money. Banks use these products all the time to store money. We always ask would you rather put your money with the bank or where the bank puts their money?
Not a US citizen/ resident can I do it for $500 pm. Who do I contact. Can you courier your Laser Fund book outside US and am happy to pay the courier charges.
Doug Andrew is a gem …. I’ve learned so much about laser funds that I’m teaching my insurance man about the IULs …. I have both books LASER FUND and ENTITLEMENT ABOLITION…
Just found out about this type of policy,. How soon can money be accessed upon opening this type of policy? Thank you, your videos are very helpful and I wish I knew about these policies years ago.
Doug, do you recommend stopping the multiplier for awhile due to the current state of the market and then start it up later. I only ask because the fees for the multipliers would be the only way I lose money in this market.
Thats up to you. We just hit a bear market, which typically means we should have a recovery over the next few years. So be sure you're at least in a no cap strategy. (Obviously we don't have a crystal ball so who knows whats coming, but again, with IUL you don't lose due to market volatility even if the market goes down.)
Life insurance has some of the best asset protection policies. It does differ state by state. You’d definitely need to speak with a qualified individual to make sure you’re getting correct info.
To access money tax-free from an IUL LASER Fund, you would utilize a policy loan. Most importantly, the policy needs to be structured correctly to ensure you’re able to have the income last as long as you do. If you’d like to see your options with your numbers, a qualified IUL Specialist we work with can help you. Select a time to speak with one of them here: www.3dimensionalwealth.com/getstarted
Doug, I enjoy your videos and as an advisor I'm a big advocate of IUL's. One thing I haven't picked up yet from your videos is where and how you are deriving your ROR numbers from. Are you using only the money from the premium that goes into the indices or are you using the entire premium? Thanks
WOW this is the question I have and what a pity he has not posted an answer here, also I would like to ask if this policies clearly show in the paperwork the amount of money that goes to investment and what it goes to life insurance so that way we as consumers can have an idea if the policy was structure properly according to our needs.
Doug I am confused, I have noticed certain youtubers suggesting not to convert 401k, 401a and IRA's into life insurance policies. That quality policies can not be rolled over into Life Ins policies. I have a few old 401k policies. Help!
Thank you for the inquiry. I invite you to schedule an appointment with one of the IUL Specialists we work with by visiting www.3dimensionalwealth.com/getstarted.
The amount varies based on your situation and your objectives. We invite you to schedule an appointment with one of the IUL Specialists we work with by visiting www.3dimensionalwealth.com/getstarted.
Trick question? Depends how you wanna use an IUL. Just for traditional life insurance protection, it can even be less than $500monthly. Using an IUL as a secure tax free wealth accumulation vehicle also $500+monthly could possibly work…
I was wondering what it took to get I'm on the low end. Long story short, I just moved 1200 miles from home. Slept most of the summer in a tent while I tried for a mortgage and ultimately finding a place to rent.
Doug, what is your thoughts on the mini premium financing type of IUL where your premium is leveraged 3 to 1? The bank financing is pooled with other policy holders at a LIBOR rate known as a traunch. These traunches fund the policy with the owners premium years 1-5 and without owners premium years 6-10 creating more cash value. The loan is paid back by year 15. With leverage you get 3x more cv in your policy to create more tax free income. This is becoming more popular.
Instead of hating on it, be curious about it. And challenge yourself to do better in life. What does hate bring to your life anyway? Nothing good, that's what.
It is funny how quick we are to question where someone would get $500 to put into something as useful as an IUL yet, we shell out $$$ without thinking to attend concerts, football games etc🤷🏾♀️
Thank you. Lack of financial literacy is the undoing. Am an immigrant doing Healthcare work and I can put away $500 in an IUL. Call it priority
Folks look for "instant gratification" versus the long haul
and responsibility ..? Many people only consume and live the the moment ... live in the moment while preparing for tomorrow ..?@@thewoundedhealerremapintl2887
Drinking. Eating out often, some people smoke, expensive hobbies. Some people gamble, buying items and clothes they don't really need or worried about expensive brand names etc etc. You are so right.
It's crazy. People are strange. I could not have said this better myself
Thank you so much for this video !!!
You're welcome!
Great information...
Thank you for this information. Am a single mom working so hard to make something out of my long term care and give some to my daughter its very helpful
Great video Doug! I own 2 iuls and took out 2 loans to fund my business in 2020. I told my 28 yr old son to open an IUL for himself. Thanks for posting this video
Great job!
Fantastic! This is exactly it!
Thank you very much, Mr. Doug
Fantastic ❤🎉
Thanks 🤗
Thank you much, Sir!
You're welcome!
Awesome stuff. Thank you..
Good informational video about IULs. But one thing is missing. When you mentioned about annual average return of 6% to 10% , are you saying it will be the same percentage even firrst 10 years? Usually there will be front loaded fees ,expenses etc in first ten years of policy. So one cannot make 6% during that time. I dont see any agent talking regarding this with the client when the talk about IUL
I recommend referencing to my "Does IUL work" series to learn more (th-cam.com/play/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj.html&si=9ns6PlslKbNSQGZj). With that, consulting with one of our IUL Specialists can help with your specific situation (3dimensionalwealth.com/getstarted).
Hi Doug
This is terrific! Thanks for the in-depth explanation. But Might I ask? Can this work in other economies outside of the United States. Can someone in Africa or Asia take advantage of IUL Policies?
I love all your informational videos! I'm a licensed agent and got 2 pending clients in their late 50s who got no life insurance yet. How can I get contracted with you just for the IUL products?
check out www.iulinsiders.com
Recommendatios for western ny?
Visit www.3dimensionalwealth.com/getstarted to schedule an appointment with an IUL Specialist.
What about an UGMA vs IUL?
Which company should I invest in which is not owned by Blackrock or Blackstone or Klaus Schwab's?
LOL good one.
Great information Doug
Thank you!
Do you have videos on annuities?
Any IUL financial company you can recommend
Meet with an IUL Expert through our website! 3dimensionalwealth.com/getstarted
You seem pretty smart, but I'm confused about your book giveaway. You want to save people money, and say we only need to pay a nominal charge (for shipping) and you'll cover the rest. But your asking people to pay $9.99, which is over twice (2X) as much as it would cost to ship that book at best. If you really wanted to get the book out to as many people as possible, you should have a digital copy made and you could email it to everyone interested for free! Hope this helps. Cheers.
LOL!!!
Itz just bizness.
I'd hate 2 hear ur callz 2 da IRS.....
or ur ire, @ ur CONcregationz Preacher! ( Datz rite...... Time 2 stand, 4 anutha tithe! )
It's not sent media mail, it's sent priority 3 day mail. Hence the increased shipping rate. Also, a dismal amount of an investment for the wealth of knowledge inside the book.
Nothing in this world it totally free. The man is trying to help us out! You have to put in something!
@@ecaldwell9
B. A. Whiner, up there, probably just wishez da book were n a digital 4mat, so he & his Langley palz, could SINsor it away, or hack n2 itz contentz, changin em n2 CONtentz.
LOL!!!
@@Einnor084 speak English....thank you
Hi Mr. Dough. I just saw your video but you did not disclose that how much could be a minimum initial Face value according to IRS guidelines. In most of your videos you say that buy the small amount face value policy and put big amount as a premium because it will cost less in I surance and goes the big chuy of money into S&P 500 and helps to accumulate faster cash value. According to the IRS Guideline a person can't pay excessively high premium because the policy may go MEC. This is making me to understand. Could you please make it clear.
Thanks.
As little as $500/month 😂 Doug. As a business to business financial advisor and benefits counselor. Most blue collar employees can’t afford to put away enough in an IUL to retire from it. Even with a maximum funded IUL and a blend with a term coverage in it.
If their in the right blue collar job code they’ll definitely make enough to fund one
? Uh, most people put more than $500 a month into their retirement accounts. I’m a non-college educated blue collar worker with a $125K salary and I own two houses. I know plenty more like myself, it’s not that uncommon.
@@JaridOrgeron no. The average United States salary is $53,000 per year. Most people can’t even afford to own one property especially in the state of California. 58% of Americans have less than $5000 in savings. So just because you’re doing well and can be putting more than $500 a month into your retirement account does not mean everyone else can.
As I said I’m a financial strategist and benefits counselor, I have worked with thousands of blue-collar employees in the state of California, Arizona, Nevada and Texas. $500 per month is not something people do
500.00 is a car payment, just priority to where you spend your money
@@alnarlock731 Shall I travel to work today and keep my job or lose my car to open an account I can't pay for without a job? Decisions...decisions...
Who should i contact regarding IUL. I live in New Mexico?
Hey doug , just came across old videos, which insurance companies , provide IUL accounts??
companies are not what you need but agents. You can't get IULs without agents
Hey there, you can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted
how can you help me get started. I have an old 403b. I want to move fast.
Is IUL same as LASER?
A question, fed now, will your program protect you money from the gov, electron money stealing your money and control
What insurance company offer the best iul please
Schedule to speak with one of our specialists here and find out the best fit for you: 3dimensionalwealth.com/getstarted/
Is all this aplicable in Europe?. If not, would I have access to IUL in USA ?
Do you know of any IUL professionals you can recommend in WESTERN PENNSYLVANIA sir?
No one from our office is local there, but we do have IUL Professionals that we work with that are licensed there. We meet with people all across the country. If you’d like to speak to an IUL Specialist we work with, you can setup a time here: 3dimensionalwealth.com/getstarted
Thank you Doug for being one who has expanded my financial thinking. Getting more abundant in thoughts/actions everyday.
He never talks about policy implosion …. May wanna do your actual research on IUL performance over the long term.
@@texasowl5356 why do you still listen? There’s IUL, and there’s also a lot more he offers. I don’t go all in on anything, but what about implosion of terms to a 401K or other government umbrella accounts.
@@bpmattic9648 did I defend those accounts? Nope. Shows your level of intelligence when you assume that.
And why watch? Because he teaches a lot more than just that. You can apply these theories to multiple insurance and financial instruments to help reduce tax liabilities.
@@texasowl5356 to your abundance!
Can I do this in Canada and do you an IUL professional in Canada ?
can i invest in an iul as an australian resident & where do i do this please
Thanks for reaching out! Right now, we only offer our services in the U.S. We appreciate your understanding and are here if you have any other questions!
Doug. Can we set this up thru u? If not, do I have a recommendation of a company to contact to set this up?
Hey there, you can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted
Am in Africa Continet in Namibia,ls IUL can be found here in Our country
Where are you located
We are located near Salt Lake City, Utah.
I am so glad I found your page, looking forward to learn more
Thanks for tuning in
What are the best IUL to use?
The answer varies depending on your situation. To best determine your options we invite you to schedule an appointment with one of the IUL Specialists we work with. You can schedule by visiting www.3dimensionalwealth.com/getstarted.
Thanks Mr. Andrew great!!
You're welcome!
Can you guys tell me if this is a good investment? IUL for 4 years put in 20k total and current value is only 14k. So 6k in fees?
🤣 IULs are the biggest legal scam. $4k of that went to the guy that sold it to you and the other $2k in fees.
It's a great investment, just needs to be properly structured so that the agent doesn't make as much in comp and you get the most cash value.
Remember everyone Doug does not have an insurance license. He refers everyone to his 2 sons to sell
What is the best way to get to chat with someone on your team?
Hey Clifford, you can request a time to speak to an IUL Specialist we work with here: www.3dimensionalwealth.com/getstarted
@@missedfortune thank you so much! I’ve set an appointment!! 🤠
How can Canadians (Toronto) implement this ?
Hi,
I noticed you had some interest in learning how an Indexed Universal Life Strategy can benefit you and help with your goals. As a licensed financial professional, I’d love to get you educated on understanding the different strategies & products out there and how they can be of value to you.
What would be a good phone number to reach you so that I can introduce myself and provide some general information about these plans??
Hi Doug your videos are awesome I'm in the process of setting up I already order both books. Doug my question is can a person own more than one IUL at the same time or build them as a ladder to use for living befits.
Yes a person can own more than one IUL if they choose to. Some people own 2 or 3 of them.
Doug has previously mentioned having a portfolio of IULS. So, yes, a person can have many. Not to exaggerate but I have heard of people having more than a hundred IULs and using them to acquire businesses, to provide financing for automobiles, etc. Seems like an impressive tool.
@@genolucero5385 yes because instead of going to borrow money from the bank and owe them you can borrow money from yourself and use these IUL’s as a personal private bank. Only difference is your borrowing your own money so as long as your earning consistent interest you don’t have to pay back your own money. Banks use these products all the time to store money. We always ask would you rather put your money with the bank or where the bank puts their money?
Average car note is 450.00/500.00 buck you no F250 cost it just about do you want to look wealthy or be wealthy because they make the money.
Thank you! Very smart information and always sharing
I am your book you sent me. I am reading the other side now.
I would like to talk to you for 5 minutes. I look forward to our meeting again.
My boy got edge great video 🫡
Great information Doug! Everyone should have this information.
Thank you!
Can I borrow money from an IUL?
short answer is yes
Not a US citizen/ resident can I do it for $500 pm. Who do I contact. Can you courier your Laser Fund book outside US and am happy to pay the courier charges.
you never account for fee's
🤣 are you trying to uncover the scam sir?
shared
Doug Andrew is a gem …. I’ve learned so much about laser funds that I’m teaching my insurance man about the IULs …. I have both books LASER FUND and ENTITLEMENT ABOLITION…
I was disqualified but she never told me why...
Omg! This is some good information. My formal education in Finance never taught me this information
Glad it was helpful!
Right. They never do. They convenient leave these teachings our. This information is intentionally not a part of “typical” education.
it's because none of this is true, when was the last time you met a happy retiree on a IUL policy? This is a scam.
Roth IRA is another viable option for tax-free growth.
Check out this video: th-cam.com/video/Gc7Gg79c25o/w-d-xo.html
Just found out about this type of policy,. How soon can money be accessed upon opening this type of policy? Thank you, your videos are very helpful and I wish I knew about these policies years ago.
Doug, do you recommend stopping the multiplier for awhile due to the current state of the market and then start it up later. I only ask because the fees for the multipliers would be the only way I lose money in this market.
Thats up to you. We just hit a bear market, which typically means we should have a recovery over the next few years. So be sure you're at least in a no cap strategy. (Obviously we don't have a crystal ball so who knows whats coming, but again, with IUL you don't lose due to market volatility even if the market goes down.)
@@missedfortune thank you Sir
How do we set up an IUL policy with you personally? Or do you have recommendations of companies or individuals to utilize?
Hi Melany, you can speak to an IUL Specialist that we specifically work with by selecting a time here: www.3dimensionalwealth.com/getstarted
Do more research, this is a scam.
Is an IUL policy protected in any way against Insurance bankruptcy, personal bankruptcy, lawsuits, divorce etc?
Life insurance has some of the best asset protection policies. It does differ state by state. You’d definitely need to speak with a qualified individual to make sure you’re getting correct info.
So when i turn 65, how can I access the money for retirement?
To access money tax-free from an IUL LASER Fund, you would utilize a policy loan.
Most importantly, the policy needs to be structured correctly to ensure you’re able to have the income last as long as you do.
If you’d like to see your options with your numbers, a qualified IUL Specialist we work with can help you. Select a time to speak with one of them here: www.3dimensionalwealth.com/getstarted
Doug, I enjoy your videos and as an advisor I'm a big advocate of IUL's. One thing I haven't picked up yet from your videos is where and how you are deriving your ROR numbers from. Are you using only the money from the premium that goes into the indices or are you using the entire premium? Thanks
WOW this is the question I have and what a pity he has not posted an answer here, also I would like to ask if this policies clearly show in the paperwork the amount of money that goes to investment and what it goes to life insurance so that way we as consumers can have an idea if the policy was structure properly according to our needs.
Ps you keep writing indices vs indexes! ;)
Doug I am confused, I have noticed certain youtubers suggesting not to convert 401k, 401a and IRA's into life insurance policies. That quality policies can not be rolled over into Life Ins policies. I have a few old 401k policies. Help!
Thank you for the inquiry. I invite you to schedule an appointment with one of the IUL Specialists we work with by visiting www.3dimensionalwealth.com/getstarted.
I'm 70 yrs old now, how much money do I need to put in?
The amount varies based on your situation and your objectives. We invite you to schedule an appointment with one of the IUL Specialists we work with by visiting www.3dimensionalwealth.com/getstarted.
Trick question? Depends how you wanna use an IUL. Just for traditional life insurance protection, it can even be less than $500monthly. Using an IUL as a secure tax free wealth accumulation vehicle also $500+monthly could possibly work…
I was wondering what it took to get I'm on the low end. Long story short, I just moved 1200 miles from home. Slept most of the summer in a tent while I tried for a mortgage and ultimately finding a place to rent.
Doug, what is your thoughts on the mini premium financing type of IUL where your premium is leveraged 3 to 1? The bank financing is pooled with other policy holders at a LIBOR rate known as a traunch. These traunches fund the policy with the owners premium years 1-5 and without owners premium years 6-10 creating more cash value. The loan is paid back by year 15. With leverage you get 3x more cv in your policy to create more tax free income. This is becoming more popular.
I hate how he says 500 a month or put in thousands lets be honest most people wouldn’t have or pay that money a month
🤣😂🤣
I NEED to find people that will pay that much a month 🤧
Most people put more than $500 a month into their retirement accounts, this is a much better way to eliminate tax burdens.
I pay $150 a month 250k policy
Instead of hating on it, be curious about it. And challenge yourself to do better in life. What does hate bring to your life anyway? Nothing good, that's what.
ANY PERSON YOU CAN RECOMMEND ST LOUIS MO
I am licensed to speak with individuals about the IUL. I would love to set up a zoom call with you if you like?
Nothing, because IUL policy’s are trash