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[Spyder]

Don't get your hopes up of this thread becoming a Legend like the last one...

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I'm expecting my first child, so I've started thinking a lot about retirement and accumulating wealth for my lifetime...I know, it's a lot more cerebral than our normal discussions, but we all have to get old and responsible and some point. lol

I've been hearing a lot about Universal Life Insurance as an alternative to Traditional/Roth IRA's and 401K's. There is a group in town that promotes them as a "Tax-free Retirement". My wife and I have been stashing cash in the 401K plans offered by our employers, but the more I hear about ULI, the more intriguing they sound. At the risk of emptying our life's savings into a ULI that might just be a local scam, I'm curious if any of the financial savvy members here have experience or opinions on them.

[Spyder]

Right now, i have my 401K maxed (trying to get a lot of value for my money while shit is still recovering). I also have a Life Insurance policy worth about a $1M, but that is more of a death benefit...not a long term investment type of deal.

I have a meeting set up with them for later in this week, so we'll see. I get a pretty good read on people when I meet them...I'll know if they're shady or reputable.