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Life Insurance vs. Bonds: A New Approach to Investment
This chapter discusses the benefits of permanent life insurance as an alternative investment to bonds, highlighting its advantages such as diversification, living benefits, and tax perks. It emphasizes the risks of bonds, particularly in a rising interest rate environment, and showcases life insurance as a stable asset for entrepreneurs and investors. The conversation also touches on the importance of guaranteed income in retirement planning and critiques the role of private equity in affecting retirement savings.