IRA vs Overfunded Life Insurance: Which Is Better for Retirement Consulting?

I’ve been exploring different strategies for retirement planning and came across overfunded life insurance policies. They’re often marketed as a tax-advantaged way to grow cash value while also providing life insurance coverage.

At the same time, I know IRAs (both traditional and Roth) are a go-to option for retirement savings, with their own set of tax benefits and investment opportunities.

For those of you who have looked into or used overfunded life insurance, how does it stack up against IRAs in terms of growth, fees, flexibility, and overall benefits?

I’m trying to figure out which option (or combination) might be best for long-term financial security. Any experiences or advice would be greatly appreciated!

Looking forward to your thoughts.