people like Dave Ramsey he says buy term and invest the difference and then later you'll have the money and you can get rid of your insurance when you're older and you won't need it anymore oh really then why do most highly successful people when they have the money end up buying more and more life insurance in their 60s and 70s that's what 95% of my business was for over five decades was people 55 to 75 years old taking out maxf funded indexed universal life with their wealth why okay let me try to simplify this whole life was primarily designed for death benefit okay it's okay to accumulate cash value but indexed universal life will dwarf whole life if the goal is living benefits and earning a rate of return that's tax free
Tax-Free Retirement Planning