Nearly 60% of Americans have saved less than $50,000 towards retirement.
If you're like most Americans, you put a small amount of money in a 401(k), IRA, or a personal savings account. But it doesn't add up very quickly, and a volatile market can send your net worth plummeting at a moment's notice.
There's a better way to prepare for retirement.
Permanent life insurance can help:
- Tax-deferred growth. The cash value attached to your permanent life insurance account grows tax-deferred while you pay into your policy.
- Tax-free policy loans & withdrawals. Once you're ready to retire, you can pull out the full value of your premium payments with no tax liability.
- Tax-free death benefit. Pass your wealth onto your heirs tax free with life insurance.