Shane Tenny, CFP®, partnered with KevinMD.com to share information about the pros and cons of whole life insurance.
Ultimately, the suitability of whole life insurance for wealthy families depends on their specific financial situation, goals, and risk tolerance. It is crucial to consult with qualified professionals who can provide personalized advice and help weigh the pros and cons based on someone's unique circumstances.
Check out the article on KevinMD.com here > KevinMD.com- The pros and cons of whole life insurance for high-income earners
Shane Tenny, CFP®, is the Managing Partner of Spaugh Dameron Tenny and a nationally recognized financial advisor. Since 2000, he has combined extensive financial knowledge with a passion for behavioral finance—helping clients make informed decisions based on both data and mindset. Shane often contributes to industry publications, appears as a guest on podcasts, and has been a leader in the financial planning field for years. He is known for making complex topics clear and practical for busy, high-income professionals seeking personalized advice they can trust.