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Reasonable-Program29 OP t1_iueqrek wrote

Reply to comment by sonnyfab in Parents in IUL will it hurt them by Reasonable-Program29

But from everything here I guess ultimately it won't necessarily hurt them or their current lifestyle if they continue with this? And on the side, I push for them to open an IRA at least and help them pick low-cost indexes. Sounds like the only thing I can help do for them?

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sonnyfab t1_iuesnic wrote

>it won't necessarily hurt them

They'll be dead. It's you who is being hurt by the insurance company taking your inherence.

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Reasonable-Program29 OP t1_iuevxi3 wrote

Lmao fair. I don't need nor want their money. Just want them happy with their current lifestyle and that this won't bite them in the ass 14 years later and they're still alive.

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akmco14 t1_iuf02jt wrote

It might bite them in the ass when they don't have access to the funds if they need them like they would of they put this money in a retirement account.

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