The 5 Biggest IUL Mistakes (And How to Avoid Them)

David breaks down the 5 biggest IUL mistakes people make and how to avoid them.  He starts the conversation by explaining the impact IULs can have on tax-free retirement when used correctly.  Mistake #1 - Getting an IUL through the wrong company. David highlights what to look out for before settling on an IUL provider. Mistake #2 - Getting the wrong IUL product. You could have the best carrier in the world, but if you choose the wrong product, it's all for nothing.  Mistake #3 - The right advisor. You need an advisor who understands what it means to build a balanced, comprehensive approach to tax-free retirement - and, most importantly, will be in business for the long run. Mistake #4 - Improper funding. David explains that IULs work best when you fund them religiously and keep them until death.  Mistake #5 - Making an IUL the only component of your tax-free retirement strategy. According to David, your goal is to make IULs one of four to six streams of tax-free retirement income. Mentioned in this episode: David's books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com