Ongoing dividends for life. Sounds good, doesn’t it?
Year after year, people ask me how to do it. They’ve heard claims about receiving uninterrupted ‘infinite’ income by purchasing a life insurance policy, specifically, a Participating Life Insurance (PAR) policy. They have dreams of ‘becoming their own banker’ and achieving financial independence, retiring early and living the good life thanks to savvy financial investing in PAR.
As you can probably guess, that’s not the case.