"Investing" in Whole Life Insurance vs. Taxable Account

Now, sometimes people get talked into buying whole life insurance as some sort of a retirement account, and most of these because people don't realize you can always invest more in your taxable account, okay? Just because you maxed out your backdoor Roth IRA, or just because you maxed out your 401K or your 403 and your 457B or whatever you feel like you can't save any more for retirement? Well, that's a bunch of crap. You can always save more in your taxable account, okay? And it's probably going to get you better returns doing that. Especially if you invest relatively tax efficiently and you're investing in relatively aggressive investments like stock index funds or real estate or something like that, you're probably going to come out ahead then investing in whole life insurance.