Life Insurance

Hello! I have been reading up on a few life insurance threads and keep seeing your name come up!

I believe in one thread you also mentioned that you were some sort of financial planner?(I may be mistaken)

You also mentioned that there are better products for life insurance and savings, what are some of those options?

My father,69, is getting ready to retire fully and what's to begin traveling and living a more simple life away from his own business he started over 30 years ago. He never set up any retirement plan, life insurance e.t.c. His saving grace is that he has equity in his home that he is considering taking out to live off that. But as a somewhat experienced financial person myself,I know this is not the way as it will eventually run out and he will be back to square one.

I'm thinking of using that equity he has to invest in a life insurance, but have heard there are ways to create it where it has infinite banking.. do you know about this?

Is there a way he can invest 100-200k in his life insurance and have some money come out of it as his cash flow?

Alot of questions I know,it just seems you are the right person to ask. If not let me know and I can post it and see what type of response I get.

Thanks again in advance!

/r/LifeInsurance Thread