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Can You Use Life Insurance for Retirement?

You likely know that when you’re planning for retirement, many experts recommend that you diversify your portfolio. But did you know that you can use life insurance as one of your options to help you build your nest egg? If the life insurance policy accumulates cash value, then you can later withdraw those funds.

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Whole Life vs. IUL Insurance: A Comparison

Individuals shopping for life insurance have an array of choices, ranging from inexpensive term life insurance to more comprehensive permanent life insurance policies. There are two popular options when it comes to permanent life insurance policies: whole life insurance and indexed universal life insurance (IUL).

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