Retirement Insurance?
Long Term Care – Annuities – Life Insurance
Usually most of us purchase life insurance for it’s death benefit. Funds to replace lost income in the event a breadwinner passes away. We are usually not offered insurance products as investment vehicles. The main reason is because the retirement space is dominated by broker/securities dealers and they will make double the commissions with securities products.
The fact is, insurance products can be a great fit for many retirees. They can provide key protections within your retirement plan. Long Term Care, Annuities that provide Principal Protection and Lifetime Income Guarantees and Life Insurances that can provide Living Benefits, Tax-Free Income and Tax-Free Death Benefits.