Most think of life insurance solely as something that you buy to protect your family, business, or legacy. While that is undoubtedly the case, it is far from a complete picture. The truth is, permanent life insurance is a tool that can support multiple financial goals, both current and in the future. In fact, in an uncertain investment climate, a fixed insurance strategy should be considered as part of a retirement portfolio.
While bonds have traditionally been the go-to option for stability and income in retirement portfolios, the current state of the economy, interest rates, tariffs, etc. make managing a bond portfolio more challenging than ever.
There is however an alternative strategy, a separate asset class, that allows one to access the same type of investment profile, without the risk and volatility. What is this strategy? Permanent, guaranteed life insurance. This strategy offers the following:
If market returns are down, policy cash value can supplement retirement income without selling other investments at a loss. If cash value is not needed for income, the death benefit will create a tax-free legacy for future generations.
If this idea appeals to you, please contact our agency for additional information and a customized illustration.
Our Life Insurance Expert
James is a 40-year veteran of the life insurance marketplace in the Greater Chicago area. His career has included a 22-year association as a branch manager and senior account executive with Hartford Life, earning top national office and top national account executive designations, while qualifying for award-conference level in 20 of those 22 years.
Our value proposition is a simple one. Offer a thorough and cost-effective solution to business clients through careful analysis, consultation, and implementation.
Contact James at info@GoCGO.com.
This is not to be considered tax or legal advice. Please consult with the appropriate professional resources.