When Chris called The Ramsey Show to share that he'd been pitched whole life insurance as a hedge against an economic collapse, he wasn't sure about it.
Financial advisors referred by his sister had recommended switching from term life to whole life insurance. Their pitch: If the stock market collapsed at retirement, the cash value of a whole life policy would serve as a separate savings account to draw from instead of touching retirement funds.
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Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#actually #chris #show #financial
Financial advisors referred by his sister had recommended switching from term life to whole life insurance. Their pitch: If the stock market collapsed at retirement, the cash value of a whole life policy would serve as a separate savings account to draw from instead of touching retirement funds.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#actually #chris #show #financial
3 months ago
