- Hi, Doug Andrew here.
I'm here with my son, Emron Andrew.
He's one of the top IUL specialists in America.
If you have watched very many of my educational videos,
one of my favorite, financial instruments
that allows people to accumulate their money tax free
and then be able to access that money income tax free.
And when they ultimately die,
anything left in there sort of blossoms
and transfers income tax free
is a max-funded index universal life.
Now, I am very passionate about helping you understand
that they must be structured correctly and funded properly.
And if they are, they are what I deem a LASER fund.
LASER is an acronym that stands for
liquid assets safely earning returns,
because I want to have liquidity,
I wanna have safety.
Not only of the institution, but a principle,
and I wanna earn predictable rates of return.
In fact, I would like to earn greater
than the illustrated rate.
So many times when people learn about these
as a great alternative to IRAs and 401ks,
let's say for retirement,
they wanna see an illustration.
So we create an illustration based upon guidelines
from the National Association of Insurance Commissioners.
We have to comply.
And sometimes we show the illustrated rates
at the given time.
And then people say, well, come on.
This sounds too good to be true.
Do you have any illustrations of actual performance,
actual clients who have owned these
for 8, 9, 10, 12 years and longer?
And we go, yep.
And we have advisors that sort of are naysayers,
and they go, I've never seen one ever perform
the way that it was illustrated.
Well, the purpose of this series
is to show you numerous examples,
and this is one of them
where you met this gentleman about nine years ago
and it's already outperformed
what it was supposed to do after 10 years,
and he did this for retirement.
And so I'm gonna let Emron
sort of share with you the results
and then go back and show what was illustrated.
And then I'm gonna come back on
'cause I wanna gift you a copy of the LASER fund book.
We want to gift you a copy so you can study and learn
how you can implement these strategies
for your particular set of circumstances.
So tell us about this client, Emron.
- You bet.
Thank you, dad.
(upbeat music)
Yeah, like my dad said,
I met this client about nine years ago.
He was already retired.
He wanted to set up a LASER fund mostly for
just his security money,
his safe money.
This is money he did not want to ever lose.
If he needed to dip into it, he could.
He has other money and funds and resources
that he's able to access to live on,
but this is his sacred money.
And he knew that no matter what,
he could always fall back on this.
And it's fun because him and his wife travel,
they travel all over the world.
And they travel even amidst
the financials going up and down,
up and down across the world.
He is doing fine, knowing that at the end of the day
he always has at least this to fall back on.
He hasn't had to fall back on any of it yet,
but let's go ahead and look at some of the results in this.
Again, we're looking at year nine.
So he's nine years into his insurance policy.
He was funding for a total of 10 years
to get $50,000 a year in it for 10 years,
to get a half a million dollars in it.
Currently right now, we look at it.
And what's unique about this one here
is if we look at this plan right here,
and we end right here in April of 2022.
Well, if you've known what's happened in the market
from January to April,
the market has really come down
and we didn't get any great performance
on this policy this last year.
I mean, if you look at this right here, he had $565,000.
We only made $14,000.
We only made $14,000 of interest
on this policy this last year only for a measly 2%.
Okay, we only made 2% this last year,
and yet even making 2% this last year,
because of the returns we had in the years prior,
we are actually still outperforming his existing
or his original illustration.
So what he was originally expecting to get in this policy,
and where we're at today,
we are ahead of schedule
even despite the fact that even this last year
we've only gotten a measly 2% return this last year.
And that's again, when you follow the strategies
you're gonna have returns that are sometimes really nice,
big returns inside of the IUL.
Some years you're gonna have low.
Sometimes you might even get a zero.
But what I love about 'em
is that you're never gonna have less than zero.
You're never gonna have a negative number right there.
The worst you could ever have is zero,
and that's the security that he loves and enjoys.
But even with that, so today right here
he's got $571,000 in his LASER fund IUL today.
$571,382 that is gonna continue to grow.
And let's go ahead and look and see
where he was supposed to be at.
Right now he's in year nine.
So he just finished up year nine of his insurance policy.
So if we go over here to the original illustration,
this is his original illustration from nine years ago.
Starting here right here to age 63,
we're gonna come right here to year nine.
And in year nine right here
we come across here to the accumulation value.
If you can see this right here,
I'll zoom in right here.
I was illustrating this at 8.84%, okay?
So the original illustrated rate is 8.84%.
If we scroll down here to year nine,
in year nine right here, he is projected to have $539,000.
539,000,
again, I'm gonna go ahead and try to zoom in on that.
539,000 and 525,000 in net cash value.
Whereas today we actually have what again?
We have 571,000.
So we're $40,000 ahead of schedule,
and keeping us much more on track
so that in year 10 when he's supposed to have over $600,000,
we are positioned to have much better chance.
We have a much better chance of being over that $600,000
than we even had on the original illustration here.
So again, if we go back in and look at that here.
In year nine, $539,000,
you're supposed to have 628,000.
And that's with adding another $50,000.
So if he adds another $50,000 on the 570 right now,
on the 670, sorry, 570 right now,
is we've got the $570,000.
The death benefit over there at $1.2 million.
So if we come back in,
oh, it doesn't have it on the statement right there.
But like I've mentioned in other videos right here,
one of the great blessings of this
is we are constantly driving down the fees
on this life insurance policy
by ensuring that we have an option chosen
where this 539,000 or the 570,000,
so the 570 that he has
inside this insurance policy right here,
he has self-insured himself.
So this is part of his death benefit.
And because we've elected to have that $570,000
be part of his death benefit,
when he passes away,
if he were to pass away next year right here,
he would be receiving that $1,220,000, okay?
He wouldn't be receiving 1,220,000 plus the 570
'cause the 570 is part of the 1.2 million,
but because we've done that,
we've been able to eliminate almost 50%,
and we're almost at 50% reduction
in the mortality charges on this insurance policy.
And as the money continues to grow,
it will continue to drive down
the fees on that life insurance policy.
I mean, how many of you would love to have
an insurance policy that is structured correctly
the way we teach it
where it's possible to have your mortality expenses
go down as you get older
rather than go up as you get older?
And we can do this
by making sure we're paying for less and less insurance.
And this is the secret behind what we are able to establish
inside of an IUL LASER fund.
Now I know this client, I meet with him every single year.
We love to get together.
We spend most of our time when we get together
talking about what we've done this last year.
And it's fun to be able to do that.
Talk about where he's been,
where him and his wife have been.
Talk about that area there.
We spend a few minutes evaluating here,
but he has all the assurance.
He knows where he's at.
He's excited where he is at.
It's done better than what he was expecting it to do.
If you wanna provide the opportunity,
you want an opportunity to be able to do
at least what he's doing
or even better than what we projected,
you follow the steps, you follow the strategy.
Don't step outside of the strategy,
follow the strategy,
have a IUL LASER fund
properly structured and funded just for you.
- Well, thank you, Emron.
This client ought to be thrilled with this particular policy
and how it's been performing.
And when he puts that last 50,000 in,
and again, he'll have well over 600,000.
And so the beautiful thing
is if he wants to turn on tax free income.
With 600,000 of cash value,
he could access 50 to 60,000 a year of tax free income
probably for the rest of his life
without depleting principles, so to speak, right?
- Yeah, I mean, he should be very, very close
to being able to do it.
- And he'd have to be earning,
or withdrawing 75, 80,000 or more
out of a tax deferred IRA or 401k to net 50,000 after tax.
That's the beauty of these LASER funds
because the money's liquid, it's safe,
it's earning a predictable rate of return
and it generates a payout that is far greater
than most IRAs of 401ks will generate
because these are tax free.
So if you wanna learn more
about how you can implement a LASER fund
and a max-funded index universal life,
you need to claim your free copy of this book.
You can do so by going to laserfund.com,
L-A-S-E-R fund.com or click on the link below.
And you contribute a nominal amount
towards the shipping and handling.
Have some skin in the game.
And then I'll cover the rest of that
and I'll pay for the book.
I'll send out a copy to you.
There's options there to listen and learn
and watch and learn.
This is 300 pages, charts, graphs, explanations
and 62 actual client stories.
When you flip the book over, this is the right brain side.
But this is really about you and your brighter future.
And when you're in that site claiming your free copy,
there's options there
if you would prefer to listen and learn, watch and learn,
attend one of our educational events,
but you can actually schedule a time
to pick the brain of an IUL specialist like Emron
to have them run illustrations
to show you how this may work
in your particular set of circumstances
for your financial goals.
(upbeat music)