What are some of the other things that you recommend folks to be able to have as part of their portfolio? And I recognize that there's no one size fits all, you know, and that, you know, it does depend on people's risk profile and kind of what, like you said, what they're trying to accomplish, how aggressive they want to be with kind of trying to grow their wealth, but just in general.

You know, just in general, and you already noticed that I'm from Northwestern Mutual and we are guys who are selling insurance, life insurance.

And there are different types of life insurance.

Like regular insurance, term insurance, is just a protection tool.

But there are also other forms of life insurance, permanent life insurance.

And it can be structured as market correlated or can be structured non-market correlated or investment where insurance company takes all the investment risks.

and provides you with non guaranteed, guaranteed, but that dividend that is being paid inside and built inside a cash value life insurance policy.

So just curious, you know, kind of products you guys have from that standpoint.

Mm-hmm

... uh, they are meant to save you, uh, during market downturns and provide you with, uh, income stream of money.

And the problem is not in bonds itself, but keeping that, not even keeping, but increasing the bond allocation within your life as we approach retirement, and then we're in the retirement phase.

So, uh, the traditional approach presumes that when you are in your 40s, you have 40% of bonds in your portfolio and then it goes up.

So instead of increasing the bonds in your portfolio, and literally that bond drag is like not shown, uh, revenue, not shown, mm, yield, uh, for your overall portfolio over the years.

So instead of like in- increasing your bond portfolio part, you keep it as a fixed amount, uh, that is gonna be needed for you to survive, uh, the financial crisis.

Like literally three years, as of course statistic tells us, like usually every crisis lasts an average around three and a half years.

Oh.