When I just graduated school, I purchased all of my life and disability insurance from one person, who said he also did estate planning. So since then, he's been somewhat managing all of my financial items. I have a 10 yr term policy and I also have this VUL, which he said was best for me as an invest vehicle. I think the money should be elsewhere, because it seems like over time this will be a bad idea. Accumulation value is $25K and surrender is $13K. Am I better to take it out sandpit it in another type of fund. For the record, I am self employed- no HSA currently and no 401K.
An additional question- he ALWAYS recommends John Hancock funds over everything else. Is this because he makes more $$$? i.e. my IRA is JH, my ROTH is JH, my wife's SEP is JH.
Submitted October 03, 2017 at 07:53AM by toothologist_ http://ift.tt/2xbPX4t
