This may be the most astoundingly brilliant and simple way to bring in a 6-digit bump to your retirement account balance practically overnight and without risk. I’m Bryan Ellis. Get ready to be blown away right now in Episode #311 of Self-Directed Investor Talk.---Hello, Self-Directed Investors all across the fruited plane! Welcome to Self-Directed Investor Talk, the SHOW OF RECORD for savvy self-directed investors like you.I, of course, am your host, Bryan Ellis. Today is Episode #311… so when you get the itch to hear this show again or to review any of the resources I refer to in today’s episode, remember that that’s available to you at no cost by visiting SDITalk.com/311.So let’s do this.Ok, I’ve got to clearly disclose something to you… I’m still doing my research into what I’m about to share with you. I’ll have some excellent additional clarity on this within 2 weeks, and if you’d like to find out what I determine as a final matter, I’ll tell you how to get that info in just a minute.So the premise today is this: I’m going to tell you how to bring in a 6-digit bump to your retirement account balance in no time flat with no risk. Sounds too good to be true, doesn’t it? Maybe it is… I’ll know within 2 weeks… but I have great reason to think this is going to work out.So let’s set the stage here.One of the most interesting investment strategies I’ve ever heard of is called “viatical settlements”. The basic idea is this: An investor identifies a person who has a life insurance policy and who, for whatever reason, would rather have money right now rather than waiting for their beneficiaries to receive the money later.So maybe this person has a life insurance policy that will pay out $1,000,000. If you’re investing in viatical settlements, then the amount you’ll offer for that policy is based entirely on how soon you’ll receive the payout. So if the person is already in a hospice care facility and will likely pass on within a few weeks, then maybe you’ll have to pay $950,000 for the policy, because you won’t have to wait long for the payout.But if the person is 60 years old and in great health, then you might only pay $100,000 because it could still be 30 years before you receive a payout on that policy.So that’s what a viatical settlement is, and it’s always interested me as an asset class.But then recently I was having lunch with a dear friend of mine, whose name is also Bryon. Bryon has been a very good friend to me… he’s eclectic, he’s brilliant, and he’s definitely among the most generous people I’ve ever encountered. He’s also been rather successful financially, and also comes from a family who experienced great financial success, and he has the wonderful frame of reference that goes with such an upbringing.Bryon once told me something about his father that totally blew my mind and struck me as utterly brilliant: His father was seriously involved in viatical settlements… but as a seller, not a buyer!In other words, what he’d do is to establish a life insurance policy, and then promptly sell that policy to a viatical settlements investor. So maybe he would set up a $1,000,000 policy and then sell that policy to an investor for $100,000 to $200,000.Just think of where that put him… With no more effort than establishing a life insurance policy, he suddenly has $100,000 to $200,000 cash in his pocket that he can use for whatever he wants! This is astounding!!!And what if you need to establish or quickly grow the size of your retirement savings?Well, my friends… here’s where my research is still ongoing, so don’t take what I’m about to tell you as absolute gospel. Rather, I’m telling you about the research I’m doing. But here’s how the theory goes:If you happen to be wise enough to be using a self-directed 401(k) for your retirement investing, this could work for you. It won’t work for self-directed IRA’s because they can’t own life insurance.But if you use a self-directed 401(k), it is actually allowable under certain circumst