The GENIUS Reason Why MECs Can Be Good! Retirement Expert Explains | Daniel Rondberg

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Retirement expert, Daniel Rondberb @DanielRondberg explains what a MEC (Modified Endowment Contract) is and how it can actually be a good use of life insurance, especially for retirees looking to mitigate risk and increase cashflow in retirement.

0:00 - Intro & Overview
4:07 - Who is a MEC for and why would you do it?
5:26 - Is an IUL a good idea as a MEC?
6:11 - The Benefits of MECs
11:08 - Longterm Care & Addressing Misconceptions
16:44 - Explaining Chronic Illness Riders
18:54 - The importance of Income Replacement!
23:05 - Maximizing Your Inheritance & Legacy
24:33 - Other Benefits you need to consider
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*This video is for entertainment purposes only and is not financial or legal advice.

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