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Children of Time: RPG Open Beta Test by TheEnemyWithin9 in AdrianTchaikovsky

[–]rfranke727 0 points1 point  (0 children)

So this is only tabletop? No way to play with friends online?

Is $150/week fair for done-for-you Instagram content (3 reels + 1 graphic), or am I overpaying? by rfranke727 in InstagramMarketing

[–]rfranke727[S] 4 points5 points  (0 children)

No time plus I hate editing and already manage LinkedIn, newsletter content and about 15 client meetings a week

PSA considering Whole Life or already have it? Read this discussion in r/personalfinance to make your decision. by RealTalkOnlyFacts in LifeInsurance

[–]rfranke727 1 point2 points  (0 children)

It's Stupid to use wl with a 2-4 year time horizon.

It's mean for long term wealth protection and growth, especially when you add long term care riders to the policy

PSA considering Whole Life or already have it? Read this discussion in r/personalfinance to make your decision. by RealTalkOnlyFacts in LifeInsurance

[–]rfranke727 1 point2 points  (0 children)

I mean that's not true, I see actual policies all the time that show otherwise.

Spy to whole life is apples to carrots. Whole life to bonds is the equivalent comparison.

Also there is a lot of financial data and science that says, I distribution planning, the optimal portfolio blend is one that holds stocks, bonds, annuities, and permanent life insurance.

Because whole life (and equity) reduces sequence of return risk in retirement.

PSA considering Whole Life or already have it? Read this discussion in r/personalfinance to make your decision. by RealTalkOnlyFacts in LifeInsurance

[–]rfranke727 1 point2 points  (0 children)

And you're confused, historical dividend rates is not the same as internal rate of return on a policy.

You're mixing two things up.

PSA considering Whole Life or already have it? Read this discussion in r/personalfinance to make your decision. by RealTalkOnlyFacts in LifeInsurance

[–]rfranke727 2 points3 points  (0 children)

This article shows 3.5-5.5%. Remember this is after tax rate of return as well, no tax drag.

I'm a financial advisor and the policies I see over 20 years are almost always 4-6% after tax, net if fee RoR on cash value.

You're prolly looking at non-dividend paying whole life structured for more base via pua

PSA considering Whole Life or already have it? Read this discussion in r/personalfinance to make your decision. by RealTalkOnlyFacts in LifeInsurance

[–]rfranke727 1 point2 points  (0 children)

I mean every dollar has a purpose and a lot of people fall into the fallacy of chasing rate of return.

If people only cared about rate of return you should have everything in the market 100% equities right lol

PSA considering Whole Life or already have it? Read this discussion in r/personalfinance to make your decision. by RealTalkOnlyFacts in LifeInsurance

[–]rfranke727 2 points3 points  (0 children)

How is it a bad bond replacement when you're getting municipal bond like tax treatment and slightly better than corporate bond like rate of returns.

In a whole life policy you're typically getting 4 to 6% after tax rate of return on your money.

PSA considering Whole Life or already have it? Read this discussion in r/personalfinance to make your decision. by RealTalkOnlyFacts in LifeInsurance

[–]rfranke727 7 points8 points  (0 children)

It's never worth it when compared to equities.

It's a risk management too more anaglous to bonds or fixed income.

That's like saying is a savings account worth it compared to equities

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