Gerber Baby College Plan?

QUESTION: A listener asks what Dave thinks of the Gerber Grow-up life insurance. Is it a good or bad plan?

ANSWER: It's horrible!  It's nothing more than whole life insurance, which we all know is a bad investment.  You're much better off investing in an ESA and watching your money grow much faster.  Stay away from the Gerber Baby Throw-Up plan!

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