I’m here to tell you that if done correctly, life insurance can be a very important part of your retirement. And it can also be a great way to transfer assets if you want to to your beneficiaries or to some type of charity.
Well, today we’re going to be talking about the life insurance retirement plan. Now what is this this is a permanent insurance policy that is put in place not net Essentially for the death benefit, although there is a death benefit available, but the primary purpose of the life insurance retirement plan is to provide tax free income during retirement, it’s going to be a part of your regular income stream once you hit your retirement years.