Retirement
IUL vs. Whole Life Insurance: Who Carries the Risk?
Someone put an IUL illustration in front of you. Maybe it was pitched as “market upside with no downside.” Maybe as a “Roth IRA on steroids.” Maybe as a way to “be your own bank.” And now you’re trying to figure out whether any of that holds up, or whether whole life, term, or a…
Read MoreUsing IUL for Retirement: Smart Strategy or Costly Mistake?
You’ve probably seen the pitch. Maybe you sat across from an advisor, or watched a video, or had a friend forward you something. The illustration was impressive: tax-free income in retirement, market upside without the downside, a number at the end that made your eyes widen a little. An Indexed Universal Life policy, they said,…
Read MoreHow Much Do I Need to Retire? Rethinking the Number, the Risk, and the Cash Flow
The Couple With $8.5 Million… and One Salad “Bruce, I’m afraid we’re going to run out of money.” He had over $8.5 million across different accounts. They were in their early 70s. On paper, they were far ahead of where most people ever get. But his fear was so real that when they went out…
Read MoreRetirement Plan Reality Check: Build Income, Reduce Risk, and Stay in Control
We went live, the chat exploded, and a listener voiced what so many feel but rarely say out loud: “I’ve followed the rules—so why doesn’t my Retirement Plan feel safe?” Bruce gave me the look that says, “Let’s tell the truth.” Because we’ve seen it over and over: neat projections, tidy averages, and a plan…
Read MoreIs Cash Value Life Insurance Enough for Retirement?
Today, Bruce and I want to unpack a question we frequently encounter: Is cash value life insurance enough for retirement? It’s a compelling question, but one without a simple yes or no answer. The effectiveness of cash value life insurance as your primary retirement vehicle heavily depends on your personal discipline, your overall financial strategy,…
Read MoreAnnuity Strategies: The Truth About Generating Cash Flow with Annuities
Are you interested in knowing the truth about generating guaranteed cash flow with annuity strategies? Learn about the benefits and drawbacks of annuities, as well as some annuity strategies that will help you create guaranteed cash flow. Are annuities the unsung heroes of guaranteed retirement income flow, or are they just another intricate financial product…
Read MoreTax-Free Retirement is a Bad Idea
Want tax-free retirement income? Tax-free money in retirement sounds amazing… at first glance. But before you dive into this strategy, there are three things you need to know about why “Tax-Free Retirement” is a really bad idea. To find out exactly why you shouldn’t set up your financial game plan for tax-free retirement… tune in…
Read MoreUsing Reverse Mortgages in a Responsible Retirement Income Plan, with Dr. Wade Pfau
Reverse mortgages are becoming more mainstream. But to benefit from using one, you need to understand how to incorporate it into a responsible retirement income plan. So exactly what is a reverse mortgage? What role should it fill in your retirement planning? And should you open a reverse mortgage early or as a last resort? To…
Read More3 Benefits of Whole Life Insurance in Your Retirement Plan, with Dr. Wade Pfau
Most people don’t see the need for life insurance in their later years, let alone the benefit of whole life insurance in their retirement plan. By retirement, you may expect to have your home paid off, and not have the same income needs as before. You may even decide you’re not retiring at all if…
Read MoreMaximizing Retirement Income with Whole Life Insurance – Dr. Wade Pfau
Want to get the most income later in life? Your success depends not on one product, but the coordination of financial tools and your entire personal financial system. Whether your focus is on acquiring cash-flowing assets or you have a more typical investment portfolio, whole life insurance and annuities can play a critical role. That’s…
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