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Listeners are encouraged to seek out their own advisors in these areas.

Hello, everyone, and welcome to the Big Picture Retirement Show.

I'm your host, Devin.

John is away today, but we do have a terrific guest joining us here in just a moment.

But before we bring them on, imagine for a moment that there's an investment product out there

that will let you participate in the upside of the market with zero chance of losing money.

Now, that alone is pretty good, but wait, there's more.

It'll also provide you some tax-free income and a substantial death benefit that's almost certain to be worth a lot more than what you invested. Now, so far,

this sounds like the perfect investment, doesn't it? But as the old adage goes, if it sounds too good

to be true, well, you know the rest. Well, the product we're talking about is indexed universal

life more commonly known as IUL. And it's often cloaked behind some

catchy names like infinite banking, bank on yourself, private pension plan, and a lot of other

names that's just really intended to mask its true identity and what it really is. Here's the deal.

It's just a life insurance policy that's been reimagined as an investment.

And over the past two years, I've seen the sales of these products skyrocket.

Right now, we're witnessing a modern-day gold rush with IULs.

And much like any other gold rush, it's drawing its fair share of unscrupulous players

who aren't scared to either completely misrepresent what this is, or they simply don't

understand the complexity well enough to be recommending it for consumers. And as this message surge

in IUL insurance has happened, I've been watching, but I was mostly convinced that

my clients were safe from these sales tactics. Because in the past, this was something that they

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