Tapping Your Policy for Retirement Income

In this episode, we tackle a common question: Can you really use life insurance cash value for retirement income? We explore how permanent life insurance policies can provide a stable income source that isn't subject to market volatility. You'll learn the practical differences between withdrawals and loans from your policy and why most retirees don't use a static withdrawal strategy. We discuss realistic withdrawal rates (around 5% for whole life and 6% for indexed universal life) and how this compares to traditional retirement assets. You'll understand why life insurance can be particularly valuable during market downturns and how it complements other retirement assets. We also share practical advice on managing your withdrawals to maximize the longevity of your income stream. ___________________________ Whether you're planning for retirement or already there, this episode provides straightforward information about using life insurance as part of your income strategy. Contact us to learn more about how cash value life insurance might fit into your retirement plan.