Understanding the Pros and Cons of Life Insurance Retirement Plans
As individuals near retirement, ensuring financial security becomes a top priority. In this endeavor, the notion of a life insurance retirement plan (LIRP) has garnered significant interest. These plans encompass a permanent life insurance policy, like universal life insurance, that integrates a death benefit with a cash value element. The cash value grows over time, and individuals can access it for retirement income. The allure… Read More »Understanding the Pros and Cons of Life Insurance Retirement Plans