youngboomer
Confused about dryer sheets
- Joined
- Jun 29, 2007
- Messages
- 1
Hi,
I'm new to the forum but have been reading for a few years, very on and off. I recently ran into an idea I've never heard of and wondered if any of you have. The related book is called Missed Fortune 101 by Douglas Andrew. In a nut shell he recommends mortgaging your house to the max and over funding a universal life policy way beyond the death benefit and get tax free use of your money when you withdraw.
This may not be much of an early retirement plan, but it could be if you start early enough and have some equity in your house. I would be interested in hearing any comments.
youngboomer
I'm new to the forum but have been reading for a few years, very on and off. I recently ran into an idea I've never heard of and wondered if any of you have. The related book is called Missed Fortune 101 by Douglas Andrew. In a nut shell he recommends mortgaging your house to the max and over funding a universal life policy way beyond the death benefit and get tax free use of your money when you withdraw.
This may not be much of an early retirement plan, but it could be if you start early enough and have some equity in your house. I would be interested in hearing any comments.
youngboomer