With college expenses outpacing inflation and family incomes at unprecedented levels, the pressing issue of affording higher education without compromising financial stability has become a critical challenge for students and parents. As families across America face this dilemma, many are turning to alternative options such as strategically leveraging cash value life insurance to fund their children’s higher education.
To get the most out of this lucrative financial strategy, it’s necessary to understand the fundamental differences between various loan options and how they align with your financial goals. Learning the nuances between variable loans, fixed-rate loans, and withdrawal loans can optimize your financial planning and empower you to support your child's educational journey without compromising financial stability.
In this episode of Money Script Monday, Gabe navigates variable loans, fixed-rate loans, and withdrawal loans to guide families through their college funding process.
Resources Provided for This Episode
Want consumer-friendly videos sent to your inbox every week? Sign up to receive to receive LifePro's weekly Money Script Monday video series providing financial clarity, dispelling myths, and showing you how money works in 10 minutes (or less). Subscribe now!
Have any questions? Give us a call at 888-LIFEPRO or email us at info@lifepro.com.
Want to learn more about how we can help with your unique financial situation? Fill in your contact information below, and we'll get started right away!