Money in whole life insurance
Anyone here listen to the Lab Coat Agents podcast? I was listening to one this morning (https://podcasts.apple.com/us/...) and the guy was talking about putting your money into whole life insurance company's general funds. He said they guarantee a 4% return and that you can borrow against it very easily. I actually heard something very similar recently from an agent in my area. This is news to me, but is this something anyone else is familiar with?