EIUL Case Studies

What this episode covers

BawldGuy audio with Jeff Brown and our guest Dave Shafer. Topics: 1. A 45 year old man who takes on a $1k/mo premium, inflation indexed, for 15 years. He wants the income to come for just the same 15 years. During those second 15 years he’s gonna do another 15 year premium, for another 15 years of income. How much income each time around? 2. After netting a big payday from the sale of real estate, a 40 year old lady puts $400k into an EIUL, 4 years and a day premium plan. She wants it to begin paying off at age 65, and last for 30 years. How much will she receive per year? 3. A couple have a baby girl, now 1.5 years old. They wish to put $500/mo into an EIUL for her to help pay college expenses 16 years from now. If she graduates in 4 years, then doesn’t take any income from that point ’til she’s 60, how much would she get for each year of college, and how much at age 60, for the next 30 years? 4. Would you please expand on the amount of flexibility the policy holder has when wanting to change a few things due to life happening.

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