brought to you by the every dollar app start budgeting for free today you know my name is

elliott i graduated from a top 20 you know business school and college after college i sold triple net

investment sales for about two years and then for the last years of for the last year i've been a

whole life agent uh that you know in in Louisville, we partner with many

different working class companies. For discussion purposes, you know, the average American

retires of about $5,000 in their bank account. Personally, I tell my friends and family, you know,

to cash out their whole life policies.

And the way I pitch whole life, it's not necessarily as an investment vehicle, but more so as a savings or a savings account, but simply as insurance that accumulates cash value

and a paid up coverage over time.

In my eyes, I believe I'm leaving my members better often before they talk to me,

but why am I doing something so horrible in your eyes? Well, because the product is crap,

not because you're a bad guy, but the product that you're selling, you're trying to do a good

thing, Elliot, and thank you for doing

that. And I appreciate your heart. But basically, I mean, it's a math problem. So if you take a $200

whole life premium per month, I can buy the same amount of term insurance on that 30-year-old

for about $10.

So the other $190 would go towards cash value in that typical policy, the top 10 stock

companies out there, okay?

That's the actual data that's out there in today's market.

And so if I'm paying $190 extra for the life insurance in order to create

a savings account, that's not the end of the world. But it's the rules of the savings account

that are the cash value. We'll call it savings. You said we're using it as a savings vehicle

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