Chapter 26. Variable annuities versus variable universal life insurance

 

“Dealing with complexity is an inefficient and unnecessary waste of time, attention, and mental energy. There is never any justification for things being complex when they could be simple.”

 
 --Edward de Bono

For those of you who just can’t live your lives without considering every possible way of achieving your goal, we have this interesting comparison between complex variable annuities and equally as complex variable universal life insurance policies as vehicles for retirement savings.

Variable universal life insurance

This is a relatively new creature in the evolution of insurance policies. It combines parts of universal life insurance policies with parts of variable life ...

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