Mar 22, 2016
Summary
Welcome to the eighty eighth episode of the Prosperity Podcast! Today, best-selling author Kim Butler and host Todd Strobel “do the dividend thing” and go in depth with dividends! They explain the important difference between stock dividends and whole life insurance dividends - namely, that whole life insurance dividends are risk free (unlike stock) and virtually guaranteed (also unlike stocks). We hope you tune in today to learn more about how to guarantee your money, your savings, and your retirement, without being dependent on the random fluctuations of the stock market.
If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!
Show Notes
00:00 Intro
00:44 Doing the Dividend Thing
00:50 Comparing Whole Life Insurance & Stock Dividends
04:30 Example of Stock Versus Whole Insurance Dividends
06:43 How Are Whole Life Insurance Dividends Paid Out?
08:40 Interest Rates & Dividends
13:35 Whole Life Insurance is Not an Investment
14:54 Whole Life Insurance is a Place to Store Cash
15:53 Where to Find More Resources
- Financial Planning Has Failed by Kim D.H. Butler
17:52 Outro