Ross Anderson

So if it runs out of money or it requires you to put in a whole bunch of money later in life to keep it alive, I would say that probably doesn't make sense for you, right? We don't want to be in a spot where we're trying to pay for retirement and now we've got this life insurance contract that's on life support and now you're having to make payments to the insurance company.

So if it runs out of money or it requires you to put in a whole bunch of money later in life to keep it alive, I would say that probably doesn't make sense for you, right? We don't want to be in a spot where we're trying to pay for retirement and now we've got this life insurance contract that's on life support and now you're having to make payments to the insurance company.

So if it runs out of money or it requires you to put in a whole bunch of money later in life to keep it alive, I would say that probably doesn't make sense for you, right? We don't want to be in a spot where we're trying to pay for retirement and now we've got this life insurance contract that's on life support and now you're having to make payments to the insurance company.

which is just going to add to your spending burden in retirement. We'd much rather be spending money on fun things and exciting things that you're doing overseas rather than having to buy insurance that you didn't really need at that point.

which is just going to add to your spending burden in retirement. We'd much rather be spending money on fun things and exciting things that you're doing overseas rather than having to buy insurance that you didn't really need at that point.

which is just going to add to your spending burden in retirement. We'd much rather be spending money on fun things and exciting things that you're doing overseas rather than having to buy insurance that you didn't really need at that point.

Yeah, so it's really because of the mechanism that we're talking about. The reason that it's tax-free is that you're borrowing against your own asset, right? All borrowing is tax-free. If you go and you buy a home and you get a mortgage and they send you a big check, basically, or they really send it to whoever you're buying the home from.

Yeah, so it's really because of the mechanism that we're talking about. The reason that it's tax-free is that you're borrowing against your own asset, right? All borrowing is tax-free. If you go and you buy a home and you get a mortgage and they send you a big check, basically, or they really send it to whoever you're buying the home from.

Yeah, so it's really because of the mechanism that we're talking about. The reason that it's tax-free is that you're borrowing against your own asset, right? All borrowing is tax-free. If you go and you buy a home and you get a mortgage and they send you a big check, basically, or they really send it to whoever you're buying the home from.

But when you borrow money, they don't tax you on that borrowed money. So the same way that you could borrow against an investment portfolio if you were doing a portfolio-supported loan, that's tax-free too. And so I think that these get sold on the... dream of this is tax-free. And there's other ways to achieve kind of similar things.

But when you borrow money, they don't tax you on that borrowed money. So the same way that you could borrow against an investment portfolio if you were doing a portfolio-supported loan, that's tax-free too. And so I think that these get sold on the... dream of this is tax-free. And there's other ways to achieve kind of similar things.

But when you borrow money, they don't tax you on that borrowed money. So the same way that you could borrow against an investment portfolio if you were doing a portfolio-supported loan, that's tax-free too. And so I think that these get sold on the... dream of this is tax-free. And there's other ways to achieve kind of similar things.

A Roth IRA, if you wait until you're 59 and a half, is going to be tax-free growth, tax-free withdrawals. And so you've got other access points to things that are tax-free. But because these things can get complicated, they're difficult to understand.

A Roth IRA, if you wait until you're 59 and a half, is going to be tax-free growth, tax-free withdrawals. And so you've got other access points to things that are tax-free. But because these things can get complicated, they're difficult to understand.

A Roth IRA, if you wait until you're 59 and a half, is going to be tax-free growth, tax-free withdrawals. And so you've got other access points to things that are tax-free. But because these things can get complicated, they're difficult to understand.

I would only reach for a permanent life insurance contract in really, really specific situations where we do have a lot of legacy goals and we want to really overfund this thing. So to me, I'm not hearing alignment in the tool versus what you're trying to do with it.

I would only reach for a permanent life insurance contract in really, really specific situations where we do have a lot of legacy goals and we want to really overfund this thing. So to me, I'm not hearing alignment in the tool versus what you're trying to do with it.

I would only reach for a permanent life insurance contract in really, really specific situations where we do have a lot of legacy goals and we want to really overfund this thing. So to me, I'm not hearing alignment in the tool versus what you're trying to do with it.

Yeah.

Yeah.