>The key here is that you need enough wealth to keep borrowing for rest of your life without touching your principle.
Correct. The OP likely knows this. Or they're totally ignorant to it. The fact that they think joe blow can execute the aforementioned strategy is vexing.
>Correct. The OP likely knows this.
Of course I know this.
>The fact that they think joe blow can execute the aforementioned strategy is vexing.
You don't understand the aforementioned strategy, nor do you understand wealth taxes vs estate taxes.