Most people don’t realize how powerful life insurance is for creating tax-free retirement income. Did you know that dollar for dollar, a Life Insurance Retirement Plan (LIRP) will provide about 2 to 3 times the income than a traditional retirement plan? EVERYBODY asks me: “How do you get income from Whole Life or Indexed Universal Life?”
ira vs whole life insurance
5 posts
How much income will your portfolio generate? People save for retirement all their lives. They do it through 401(k)s, IRAs, SEP, SIMPLE, pensions, annuities, real estate, and life insurance. But at retirement, it’s time to stop putting in and start taking out. The questions I want to ask are: how much […]
Last week both the S&P 500 and the Dow moved into record high territory. The surprise move by the Bank of Japan to increase their stimulus efforts fueled the rally. What goes up must come down. It’s not a matter of if, but of when. As I stated last week, […]
I just celebrated my 50th birthday last week. When you are young and investing you think to yourself that you have time to ride out all the ups and downs of the market. I stayed in the market back in 1987 when the big October crash took away all of […]
This past weekend we had our first cold front of the season pass through here in South Florida. Cold is a relative term since yesterday’s temperature got up to 84 degrees. But the humidity was replaced by nice dry air that made the 84 degrees feel absolutely perfect. My wife […]