What’s wrong with using insurance as an investment? | CNN Money 

 August 8, 2022

By  Anthony

Agents may try to sell you a cash-value policy as a way to invest for retirement. They’ll tell you that the investing component serves as “forced savings ” (Sure but retirement plans like 401 (k)s force you to save too once you’ve taken the initiative to sign up for them ) They’ll say the money you have building up in your cash-value policy can grow tax-deferred, but money in IRAs and 401 (k)s does too What they won’t tell you is that cash-value insurance is generally a poor investment.

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Anthony Pallarca

Anthony has been a Financial Coach for over a decade and his business partners collectively built an agency of over 500 financial professionals who collectively help over 10,000 families with their personal finances.

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