What You Need to Know About Retirement Income Planning

If you’ve read any of our other articles that go into detail about various techniques or strategies to address retirement income planning, you’re probably not shocked that we believe it is a significant discussion.  And quite honestly, we believe this is one of the biggest boondoggles for financial advisors, investment companies, and life insurance companies. …

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Why Life Insurance Works so well for Retirement Income

Why Life Insurance Works so well for Retirement Income

Life Insurance used to generate retirement income is a slightly more advanced subject within the world of life insurance and financial planning. The stock jockeys hate it, and the life insurance agents love it. No surprise there. But is there something that life insurance brings to the table that is truly special? Or are you …

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Is IUL Good for Retirement?

Is IUL Good for Retirement?

Indexed universal life insurance (or IUL) can be good for retirement because it protects your savings from stock market crashes. It also has the potential to earn more than a whole life insurance policy. IUL is able to accomplish this slightly higher return potential because it uses index accounts that are linked to the movement …

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Is Indexed Universal Life Insurance Good for Retirement?

Is Indexed Universal Life Insurance Good for Retirement?

Indexed universal life insurance can be a good choice for retirement, but you should understand that it works as an option to complement your investments and other retirement planning tools.  The top three things that make indexed universal life insurance a strong tool for retirement are: Its protection against losses Its ability to produce tax-free …

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Is Whole Life Insurance a Good Investment for Retirement

Is Whole Life Insurance a Good Investment for Retirement

Whole life insurance can be a great option as a complementary asset for retirement planning.  But there are good and bad options, so we’ll walk you through what makes whole life insurance worthwhile for retirement planning. The main reasons to use whole life insurance as a means to prepare for retirement are: Safety Taxes Diversification …

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How to Use Whole Life Insurance for Retirement

Some say that whole life insurance only makes sense for the ultra-wealthy. Believe it or not, one of the top-ranked websites for personal finance makes this claim about whole life insurance, “…such policies usually only make sense for individuals with a net worth of at least $11.4 million” (estate tax exemption threshold). Uhhh…not sure how …

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The Life Insurance Retirement Plan

Should you consider using a life insurance policy to create retirement income that could be tax free?

The life insurance retirement plan isn’t necessarily a specific “plan” that accomplishes a specific goal related to retirement planning. Instead, it’s a “tip of the hat” to the fact that life insurance will accommodate strategies that focus on retirement income. It does this because of the versatility that cash value life insurance provides. The idea …

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