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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Dope1 ⎊  😊 😞
Number: of 88931 
Subject: Re: It's time t0...
Date: 09/06/25 10:51 AM
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No. of Recommendations: 4
How are you protecting yourself from the future environment?

We have a Variable Universal Life insurance policy out on me. The way it works is you borrow against the death benefit once it matures - since it’s technically a loan you’re making to yourself, it’s not “income”. So you never pay taxes on any of it.

We also have another insurance annuity that’s contracted to pay out for life at a certain rate.

Both together add up to a base level of cash flow for life that’s protected from taxes/inflation.
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This community has written 88,852 posts about US Policy. The article-length ones it recommended most:
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