Life Insurance, believe it or not. The Ultrawealthy don't fuck with the market. They put their money in Life Insurance like Index Universal Life policies. When you put your savings into it, your money grows based on an index like the S&P 500. But if the market crashes, you don't lose any money. Once the market recovers you start where you left off and keep growing while everyone else is spending years trying to recover what they had.

It's also a completely liquid savings account. You can take money out any time. You can also borrow against the Death Benefit and you never have to pay it back. This is great for retirement.

This only works if you are young enough or you have a nice fat chunk of money and you need to be healthy (Life insurance!) to qualify.

If you're too old and not healthy. Then look at annuities with guaranteed income for life.

The ultrawealthy put their newborns on an IUL. This is the way the wealthy pass their wealth from one generation to next. Life insurance death benefits are tax free. This way the family doesn't have to liquidate the estate to pay estate taxes. They don't need to shut down and liquidate the business or sell the real estate....etc. All thanks to life insurance. Creditors also can't get to the life insurance proceeds. The family is free and clear with millions and the fully intact estate to boot. But whats killer are all the living benefits you get. Look up Premium Financing. Look up infinite banking.

Life Insurance, believe it or not. The Ultrawealthy don't fuck with the market. They put their money in Life Insurance like Index Universal Life policies. When you put your savings into it, your money grows based on an index like the S&P 500. But if the market crashes, you don't lose any money. Once the market recovers you start where you left off and keep growing while everyone else is spending years trying to recover what they had.

It's also a completely liquid savings account. You can take money out any time. You can also borrow against the Death Benefit and you never have to pay it back. This is great for retirement.

This only works if you are young enough or you have a nice fat chunk of money and you need to be healthy (Life insurance!) to qualify.

If you're too old and not healthy. Then look at annuities with guaranteed income for life.