There are a number of different types of life insurance for you to choose from. We can help you find the right option for retirement.
Should I Have Life Insurance in Retirement?
Choosing the right life insurance in retirement is vitally important. With the right policy, you may be able to retire tax-free.* How is this done? Reach out to us to learn more.
How Does Life Insurance in Retirement Work?
People often overlook the importance of life insurance in retirement. Most people only know the basic purpose of life insurance: It provides a death benefit to your beneficiaries. A lot of people are unaware that you can actually use life insurance to provide yourself with income while you are still alive.
Furthermore, some life insurance products may be able to provide you with tax-free* income. This is because insurance products don’t apply to the same tax rules that traditional retirement accounts do. Life insurance might, in general, present you with more flexibility compared to other retirement options.
Should You Have
Life Insurance in Retirement?
There are a number of different types of life insurance for you to choose from.
One option, indexed universal life (IUL) insurance, can potentially provide you with more flexibility than other types.
Now, an IUL is not necessarily appropriate for all retirees. There may be better options for you, depending on your individual needs in retirement. But, an IUL may be the perfect choice for you.
An IUL is an excellent tax-free* alternative option for retirement, if any of the following situations apply to you, reach out to us.
Reach Out Today
Reach out to Safe Harbor Associates, to schedule a one-on-one appointment, or attend a no-cost, no-obligation informational seminar. We can help you find the right life insurance option for retirement.