2016, 2018 - Book - What Would the Rockefellers Do?: How the Wealthy Get and Stay That Way ... And How You Can Too, by Garrett B Gunderson
2024 - Book - Workbook for What Would the Rockefellers Do?: How the Wealthy Get and Stay That Way, and How You Can Too: An Interactive Guide to Garrett B. Gunderson’s Book - by Gold Print
2020 0417 - Forbes - The Risks of Cash Value Life Insurance, by Garrett Gunderson - [link]
03:50 - UL sold as Whole Life, UL is not whole Life, Built upon Term insurance Chassis
07:30 - not permanent, somebody dies and the insurance isn't there, people say that life insurance companies don't pay, no, that isn't what's happening.
09:00 - Universal life is a zero-sum game, original purpose was...
9:40 - Accountants made UL....-?
Insurance companies have a terrible reputation
10:00 - Garrett / Todd - 2008 recession, Double Dip, Variable Life - Complexity of IUL - People don't know how it works - Does taking money out of Policy affect your COI, NAV - Crediting has a lot of affects, Sequence of Returns,
12:50 - WL getting replaced by IUL. Guarantees vs NGE's.
not to protect the consumer, it's to protect the company
6.81% max-? - Caps, Floors -
14:45 -
Garrett - alot of moving pieces, alot of things you are not being told, level of uncertainty, Tax Shelter
later people will think they have a different product
if somebody sold it, they may not know
Garrett / Todd - People think it's simple, I can't think of a more complicated product, They think they are buying an Annuity - Maybe it's easier to sell if you don't explain it