Garrett Gunderson, What Would the Rockefellers Do? How the Wealthy Get and Stay That Way, and How You Can Too, Rip Water LLC, 2016
This is an excellent expose on cash value life insurance. Gunderson’s implodes myths, exposes nuances to the ‘buy term and invest the difference’ narrative, while offering an in-depth analysis of dividend paying, mutually owned whole life insurance. He offers several examples of infamous people of means who used cash value policies to fund internationally known businesses, providing evidence for the ‘living benefits’ of the product.
Gunderson’s identifies three genres of cash value life insurance and makes an argument for one in particular. It is a compelling, accessible book that merits consideration.
Advisory services and insurance products and services are offered through Guide Advisors, Inc., an SEC Investment Advisor. The information contained herein should in no way be construed or interpreted as a solicitation to sell or offer to sell advisory services to any residents of any State other than where legally permitted. All content is for informational purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions, nor is it intended to be a projection of current or future performance or indication or future results. Moreover, this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed.
Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital.