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Best consulting firms without the massive ego?
Today is a huge struggle. I want to do nothing. 😢
Top consulting firms right there!!

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NEVER
You need a new financial advisor
Unless you have millions to invest, this isn't for you. There is a huge commission paid to your advisor for selling these. Guess where the money comes from.
I should also add that I'm invested heavily in my 401k, an IRA, variety of stocks and cryptocurrency so this is another diversification technique for me.
Nah
Whole life makes sense in some situations, mostly tax minimization for very high net worth people. Odds are though he just wants to make a large commission. Is he a CFP?
I will break even on mine after 10 years and then sitting pretty after that. The value will never tank like people's 401k's did in 2008 because it is guaranteed money. I'm feeling good about it.
OP - yes. Exactly. Any money that is in the account is yours to use assuming the death benefit wasn't needed. In regards to cryptocurrency, I'm doing that for fun but am not counting on that as a long term play. I do not own Bitcoin but instead bought others like Ethereal and Litecoin. There are a bunch of other cryptocurrencies to look into as well.
Yes, but it is way more complicated than that. There are a narrow set of times when you can withdraw/borrow from the policy without generating costs that far exceed the tax benefits.
He just wants the commission
@BCG1 he is a CFP and is also a friend with the same plan. I just am not sure I'm sold on the upside of this. I don't have millions haha. He is selling this as a way to diversify
@A1... exactly what he is saying too. The idea being that you'll be able to actually use that money at some point right? Not as interested in the actual purpose (die and it goes to heirs/family). Do you think cryptocurrency would be a better first move? I've looked into a bit, seems a little late to enter now.
It is a sound financial investment...for your broker to maximize commissions. For you, notsomuch. Get a new broker
It provides a Roth-like tax structure with lots and lots of fees built in. If you've maxed out every other tax-advantaged account, including most of the esoteric ones that would have you putting away >$60k per year, then you can start thinking about whole/universal/variable insurance policies.
Ok, the money in the account is your but is subject to a number of penalties if you just withdraw outright
Depends on how you choose to withdraw it and when.