It's a method of taking one dollar and getting multiple uses and benefits out of it. It's a way to recapture control of your money. You can use your money to finance your lifestyle while simultaneously growing it for your future. It is designed to help develop and improve your financial position by helping you avoid unnecessary wealth transfers where possible, and accumulate an increasing pool of capital that provides accessibility and control. A key component to the overall strategy is that the money in the account must be accessible through collateralization.
That's right it's YOUR FUTURE, not anyone else's. Take back control of it by figuring out what it is that YOU really want and make decisions based on that. Too many people just listen to all of the "Sound Bytes" out there and follow blindly. Just because something is repeated over and over doesn't mean it's correct or right for you. The ultimate measuring stick should be a simple question: Will this financial decision help me get closer to what I want or further away? If it doesn't help you get what you want then why would you do it? Remember that you have the ultimate control and assume all of the risk for your future. Unless your attorney, brother, accountant, TV guru, financial planner gives you some kind of guarantee that they will finance your retirement for you if their suggestions don't work, you may want to get a little selfish and start making decisions for yourself based on full-disclosure.