I took down this blog post after it was put up for only slightly more than an hour at 8am this morning. In that short period of time, it received about 400 pageviews and several comments from readers, a couple of which were more than unpleasant. After deleting the blog post, I received a few comments and PMs from readers in FB who missed reading it.
Often, we are presented with charts and tables by advisers which do not show the complete picture. I am not claiming that I am presenting the complete picture here. I most certainly am not but I believe I have illustrated quite simply in the blog post why ILPs are not cost efficient for consumers. They are overpriced life insurance products and as investment tools to help grow our wealth, they are mediocre at best.
I am quite mindful of my blog's louder voice and the potential backlash ......
