My understanding is that this is possible with whole life insurance policies without having to be ultra rich. After a certain period, there is no longer any pre

My understanding is that this is possible with whole life insurance policies without having to be ultra rich. After a certain period, there is no longer any premium penalty, so while the insurance premium principle doesn’t grow, it doesn’t cost anything to own. At some point the owner can take loans against that the value of the policy that are ultimately paid back when the policy pays out. There’s some details that a financial advisor can fill in, but it’s doable for the average HN reader who doesn’t mind offsetting income for far in the future returns.