Is Life Insurance a Good Investment Vehicle? (Ep. 28)

Life insurance products are often marketed as essential tools for financial planning, but are they really the best solution for everyone? How do popular strategies like Infinite Banking and Rich Man’s Roth measure up for real retirement security? What financial moves make sense as you age and your financial needs shift? In this episode of Red Carpet Retirement, Adam Scott addresses the pros and cons of life insurance as a retirement tool and debunks some of the myths and sales tactics that promote it. From understanding when life insurance is truly necessary to recognizing alternative savings options, Adam provides a clear view of what works and what may not. Adam discusses:  His encounter with a hybrid advisor promoting a questionable life insurance strategy How permanent life insurance works and common misconceptions The downsides and complex nature of Index Universal Life policies Pros and potential benefits of tax-deferred growth within life insurance The truth behind the "Be Your Own Banker" concept And more! Connect with Adam Scott:  LinkedIn: Adam Scott LinkedIn: WellAcre Wealth WellAcreWealth.com Phone: [phone] [e-mail]