here's what I posted a long time ago, this was a discussion between a pro traditional/whole life and pro BTID.
naa lang ko gi-bold dira kay cge ingon ang pikas team nga wa kuno mi paki sa client nya commission ra giapas. They keep saying wa kuno ayo ang BTID but the numbers tell a different story.
But I made this post bag-o pako sa IMG.
Karon what we promote by order of priority is
without dependents
kung walay ga depend sa imo income, invest on yourself)
1. Kaiser - healthcare for short term AND long term(retirement)
2. Mutual funds - pension
with dependents:
1. Kaiser
2. Life insurance(at least 1M, then add as needed) -we need this while pobre pata, if dato na, optional nalang.
3. Mutual funds
so your BTID can be Kaiser + Life, or Kaiser + Life + MF if with dependents.
Investments should be the last priority, protect short term concerns before going long term.