I was talking to a financial adviser and he recommended getting a Participating Permanent Life Insurance policy through Northwestern Mutual. I'm already maxing out a Roth for my wife and I and putting enough into 401k to get full company match.
He was talking about using the PPLI as a sort of emergency fund for retirement. He mentioned keeping most of the other retirement vehicles in the market to maximize returns and use the PPLI funds when/if the market turns for a year or two during retirement.
Would like to get others opinions if this is something I should look into. Of course he mentioned that Northwestern Mutual has the highest/most consistent contributions of any participating policies.
He was talking about using the PPLI as a sort of emergency fund for retirement. He mentioned keeping most of the other retirement vehicles in the market to maximize returns and use the PPLI funds when/if the market turns for a year or two during retirement.
Would like to get others opinions if this is something I should look into. Of course he mentioned that Northwestern Mutual has the highest/most consistent contributions of any participating policies.