Life Insurance as a Retirement Plan: Smart Strategy or Bad Investment?

Although it’s possible to use permanent life insurance to save for retirement, it’s not the best option for most people.

Deciding whether to take out a permanent life insurance policy can be more than just protecting your family; can it be a possible retirement strategy? Find out if a permeant life insurance is a possible addition to your retirement plan in this FinanceBuzz Article.


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Life insurance policies are contracts between your client and an insurance company. Life insurance product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Life insurance policies are not FDIC Insured. Life insurance riders may be available for an additional annual fee; riders may not be available in all states. This material is intended to provide general information and is believed to be reliable, but accuracy and completeness cannot be guaranteed. Opinions of the author may not be the same of Gregory Ricks & Associates. Gregory Ricks & Associates is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Gregory Ricks & Associates are not affiliated companies. 1198399-01/22