Acharya Prashant explains that the individual self, referred to as the individual existence, does not undergo rebirth but instead turns to ash upon death. He clarifies that while he does not deny the concept of rebirth entirely, he denies it at the level of the individual person. He uses the analogy of the ocean and its waves to illustrate that while the collective existence continues to manifest repeatedly, a specific individual wave never returns. The personal ego, memories, and experiences are destroyed forever at the time of death, although the general ego-tendency continues to play out in the world through others.