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re: Whole Life As Part Of Retirement Strategy
Posted on 6/4/15 at 9:39 am to TheHiddenFlask
Posted on 6/4/15 at 9:39 am to TheHiddenFlask
quote:
You seem interested in learning, so I am happy that you are here.
Thank you. That is what this board is all about. I've learned a lot from all of you guys.
0
Posted on 6/4/15 at 9:44 am to Huey Lewis
quote:
Can you give some real-world examples of how the WL strategy would be better than an annuity product in that case?
I will admit that I don't know enough about annuities to really discuss it. I would assume that it could work in a similar fashion because the product is basically a repackaged insurance policy. However, it doesn't offer the death benefit from what I can tell. I would have to defer that to someone that knows more about how the products work.
Posted on 6/4/15 at 10:34 am to Douboy
Life Insurance's main priority is to pay funds during death. Annuities are designed to pay funds during one's life as it's primary function in most cases.
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