The Financial Philosophers
We're here to help YOU learn how to grow, protect and use your money! We seek to empower You with the knowledge to apply specific financial strategies towards your ideal life, in connection with your deeply held values and goals. As professional financial planners with more than 10 years of experience, we embrace nuance and are willing to approach finance in unconventional ways. We strive to put thoughtfulness and intention behind every dollar we use and search for that perfect balance between planning for your future self and living in the moment. Chris is a CFP® professional, and Danny is a CFP® Candidate for Certification. We hope you enjoy the podcast, welcome your feedback, and can't wait to Philosophize these Finances!
For the video version of this podcast, check out our YouTube channel:
https://www.youtube.com/@financialphilosophers
To contact us for Interviews or Business Inquiries, please refer to the About page of our Youtube channel.
Patreon:
patreon.com/TheFinancialPhilosophers
The Financial Philosophers
Should You Surrender That Life Insurance Policy For Cash? - Episode 93
Before you (or someone else) surrender that permanent life insurance policy for its cash value, listen to this conversation. In today's episode, Chris and Danny walk through the real alternatives people rarely talk about: keeping the death benefit while using the cash value as a flexible asset, reduced paid up (RPU) options, switching an IUL/VUL from a growing death benefit to a level death benefit, decreasing the death benefit, selling the policy via a life settlement, donating a policy to charity, using the cash value as an emergency fund or bond alternative, and more. Chris and Danny also cover the key facts you must gather (e.g., health information, financial goals, detailed policy information, etc.) so you don't make a rushed decision based on Reddit hot takes or loud YouTube opinions. Tune in if you want the right questions to ask, the tradeoffs to weigh, and several options you probably haven't considered.
Support the Show:
patreon.com/TheFinancialPhilosophers
If you would prefer the video version of this podcast, join us on our YouTube channel over at
https://www.youtube.com/@financialphilosophers
To contact us for Interviews or Business Inquiries, please refer to the About page of our Youtube channel.
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This podcast is for informational purposes only and should not be considered or regarded as personalized investment or financial advice. All opinions expressed by Chris, Danny, and any guests are solely their own opinion. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided from this program (including any information that may be accessed through this website) is not directed at any individual, investor, or category of individuals or investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.
