[ThePythonicCow]

build their retirement on Indexed Universal Life insurance

The problems with that are:

1. Life insurance companies are at serious risk too. They invest your premiums in stocks, bonds, real estate, mortgage backed securities, and other investment paper, waiting for you to die. These are not good places to be investing. Some life insurance companies will fail. Don't put all your eggs in one basket, especially not in a basket that involves a bunch of high falutin financin'.
2. Inflation may render such the return on such investments worth far less than you planned on.
3. The fees and expenses on such investments, and their returns, are not the best, by any means.

[purpleraine]

The fee is 1% The companies include Old Mutual which is 167 years old. The companies are A to triple A rated and have never defaulted in the history of the US. The OM program has averaged 9.6 tax-free with an assured 1%.

You do what you want. I'm in the insurance program.