Brian Boyd

Wow.

When he was like eight, he's 14 now, I had enough money in the policy.

I called my broker and I'm like, I want a 1035 out of this into a better policy with more bells and whistles that grows faster.

So put all these riders on it.

And when he goes off to college,

I have a 529 plan, but I can also borrow from that policy, pay for his tuition, pay it back.

And then when he graduates, and a lot of people have given me a hard time about this, I'm going to give it to him.

I'm just going to assign the policy to him like, hey, here's your start in life.

And by the way, I used this to put you through college.

Yeah, they're after-tax dollars, so it's not like a tax play, but it's a way to utilize your policy in such a way that you're not having to freak out.

Oh, do we have enough scholarship money?

Do we get enough student aid?

No, I don't need to worry about it.

I'm just going to take from this policy that I've been putting $250 a month in since he was three months old, and it's going to pay for everything.

When I borrow from it and I write the interest check back to the company, I can deduct that interest check.

So people need to think about, yeah, it's boring, but why is it boring?

Is it boring because you don't know about it or is it boring because it's not sexy?

Yeah, this isn't an episode of billions, right?

We're not hedge fund managers doing insider trading.

This is real live application of what is available to us right now.