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re: Life Insurance Funded Retirement

Posted on 3/16/17 at 1:48 pm to
Posted by SpanishFortTiger
Spanish Fort, Alabama
Member since Dec 2014
1662 posts
Posted on 3/16/17 at 1:48 pm to
I'm getting a lot of mix reviews on this...
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17107 posts
Posted on 3/16/17 at 2:33 pm to
I wouldn't say use this as the only means for retirement. You use it as a supplement to other retirement and investments accts you have. Just another source of income when you reach that age and can start withdrawing from your 401k, Roth, etc except this acts more like a Roth at that stage since it would be tax free. If you decide to do a WL, go with a reputable company and very highly rated. There's only a few to choose from really. Do not do a UL.

quote:

I'm getting a lot of mix reviews on this...


You will get mixed reviews because a lot of people on this board hate this style life insurance product. Some understand, some don't. It can be advantageous to some people and others not. Depends on what you think is the most appropriate for yourself and your family.
This post was edited on 3/16/17 at 2:47 pm
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