My "Financial Advisor" Wants Me To Buy A Whole Life Policy

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 13 March 2025

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	brought to you by zander insurance compare rates from top term life insurance companies in seconds
0:08.2	at zander dot com quick question i am just curious my financial advisor is recommending that i open a
0:17.8	whole life plus 100 life insurance policy.
0:22.2	Of course.
0:23.3	And so I would just love y'all's wisdom and input on that.
0:28.2	Well, here's the simple wisdom.
0:30.0	Fire them.
0:31.3	Okay.
0:31.8	You don't have a financial advisor.
0:33.1	You have an insurance salesman posing as a financial advisor.
0:37.7	Yeah. So I guess the situation is they are recommending to open this to supplement
0:44.1	income if the market is down.
0:46.5	No, no, we know all this, Jake.
0:47.8	No, we know how the scam works.
0:49.1	We're just telling you it's a scam.
0:50.7	Yeah, so saving you a little bit of time, anything you tell us that they told you, we've heard.
0:56.3	Yeah.
0:56.7	So George is feisty today.
0:58.3	Very feisty.
0:59.2	I just hate.
1:00.2	I believe you ate and left no crumbs.
1:02.0	Is that what the kids say?
	...

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