There are many misleading claims and ads around financial advice, but in this episode we discuss one in particular. The claim that your 401k is a scam where they go on to promote the "infinite banking" strategy through a cash value whole life insurance policy.
We break down why this is misleading and provide alternative options to consider.
This episode should serve as a warning, as these financial products lack transparency, are extremely expensive and prey off of misinformed individuals.
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