LIFE INSURANCE, TELL ME MORE ABOUT IT...
Life insurance is often marketed to high-earning professionals and business owners as a means to put away additional funds for retirement over and above any type of retirement plan they might already have, such as a 401(k).
The pitch is this: buy a policy with underlying investment vehicles that will build cash value over time. The client funds the policy for certain number of years and the growth in the cash value will eventually negate the need for additional premiums. At retirement the client can withdraw cash as a tax-free loan for retirement. The loans never need to be repaid and the only consequence is a reduced death benefit.
Unfortunately, the middle class hardly hears anything on this subject even though they (the middle class) constitute not just a huge market, but also with capabilities of creating plans that can be very creative and efficient for both the insured and the insurer.
This is where I enter the picture to provide you with more information and real answers to your specific issues.
Call me right now, don't postpone it,
Jesse Alvarado
Your WFG Financial Advisor
562-822-5565
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