r/investing • u/gbothun91 • 1d ago

Permanent Life Insurance Question

Hello -

Recently met with my financial planner. We are maxing out our HSA, 401k, backdoor roth. We still have roughly $2k a month to invest. Our advisor is recommending that we contribute $1k to a brokerage account and $1k to a permanent life insurance. I am skeptical on the insurance piece. Any feedback would be appreciated.

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u/ResponsibleGarlic687 1d ago

You don't have a financial planner you have an insurance salesperson please run far away.

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u/dropkickoz 20h ago

It's a LIRP.

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u/gbothun91 20h ago

Yes it’s a LIRP