Not Your Average Financial Podcast™
Episode 249: Whole Life Takes How Long to Break Even? with Dan and Rebecca Proskauer
In this episode, we ask:
- What happened in the middle of the tech bubble?
- Why is it OK for policies to take years to break even?
- How is this not a deal breaker?
- Who are the Proskauers?
- Would you like to hear Episode 118?
- What is Dan and Rebecca’s story with money?
- How did they pay for the wedding?
- How did they pay for the down payment on the house?
- What about being in control of money (as opposed to having money be in control)?
- What happened after college?
- What about savings?
- …How much did you make?
- …Did you sell anything?
- What happened in the financial crisis?
- Where are we in the market cycle?
- What did Dan and Rebecca change?
- Is Bank on Yourself® too good to be true?
- What happened when Dan and Rebecca started their Bank on Yourself® journey?
- What about the whole family?
- What about time?
- What about up-front costs?
- What about the post on the Not Your Average Financial Community?
- What about breaking even?
- What about taking on a challenge, to prove that the Bank on Yourself® concept doesn’t work?
- What about looking at illustrations?
- What about tax realities?
- What about high interest rate savings account?
- What about tax in a tax-deferred account?
- What about treasury bonds?
- What about the death benefit?
- What about the numbers equalizing over time?
- What about Day 1?
- What about the cash value?
- What about a stop loss?
- What about comfort?
- What about allowing to money to compound?
- What about having access to money?
- What about “break even” points?
- …Compared to what?
- What about start up costs with everything?
- Who cares about the first 10 years?
- What is far, far greater than what you put in?
- What about value?
- What about the long term benefits?
- What about the generations?
- What about Dan’s mother?
- What about the family property?
- What about an endowment?
- What about the spectacular benefits of thinking long range?
- What about up front expenses and costs?
- What about taking the leap?
- What about talking to people who have already taken the leap?
- What about reliability?
- What about flexibility?
- What about the rolling average of gains?
- Would you like to join the conversation and tag Dan on Not Your Average Financial Community?
- What happens on Day 1?
- Would you like to meet with Mark?
Dan Proskauer is Vice President of Engineering United Health Group’s Optum unit and has spent nearly 30 years as a professional in the Semiconductor and Health Care industries.
He is an engineer by personality and by training and has always been fascinated by details and numbers. Dan has been a Bank on Yourself practitioner since mid-2009 and has started new policies as recently as last year.