Welcome to the Stay Wealthy podcast with Taylor Schulte.

I'm your host, Jeremy Schneider, filling in for Taylor from the end of June to the beginning of July.

Today, I'm sharing with you why you might want to avoid investing in indexed universal life insurance, also known as IUL. Specifically, I'm sharing

the 10 lies told by insurance agents pushing these IUL policies. Number two, how an actual

IUL policy I purchased would do compared to an investment in the same index that policy

tracks. Number three, what to do about life insurance instead if you do indeed need life insurance.

And number four, I'm going to answer two questions from listeners.

If you or a loved one has been pitched on investing in life insurance and want to know the

tricks behind the sales pitch, today's episode is for you.

For all the links and resources mentioned in today's episode, head over

to you staywealthy.com slash 158.

So before we get into the IUL, the main topic of the day, let me introduce myself.

You might be wondering, who is this guy? Where is Taylor? Well, Taylor, for the last three

summers now, has taken the summer off to spend time with his family and recharge and do all those good work-life balance things that we should all be striving for. And he has asked me for the third summer, I'm very flattered to fill in for five episodes this summer. You might remember me from way back in episode 64, which was called

Why Rent versus Buy is the wrong question. Or you might remember me for the last two summers

where I also guest hosted for about a month. So thank you, Taylor, for having me back. I'm very

flattered to be here. I'm not here to talk about myself, but if you are new to who is this guy,

let me give you the quick intro.

Again, my name is Jeremy Schneider.

I started an internet company in college.

I sold at the age of 34 for $5 million.

And then I quit my job at the age of 36.

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