Tax-Free IUL Saves Robert’s Retirement

Robert had no retirement savings. It looked hopeless until Robert discovered The Tax-Free Pension Alternative, also known as living benefit life insurance or the Tax-Free IUL.

A client called the Tax-Free IUL spectacular, a game changer! No downside risk. Tax-free income for life and a reasonable rate of return. He called it “The 401(k) Replacement!”

Robert age 51 agreed. He’ll retire at age 71 with $57,000 in tax-free income for life based on the historical rate of return.

Robert’s plan called for saving $1,000 a month in his tax-free pension alternative, his tax-free IUL and earning the historical rate of return of 8.11%.

The illustration was eye opening for Robert.  He saw the numbers and how the plan worked.  It was enough for him to move forward.  Impressive for someone who had not been saving on a regular basis.

Knowing you have options can make a difference.

Now, Robert can access this living benefit life insurance along the way via tax-free policy loans, to fund large purchases or handle emergencies.  If he does not repay these policy loans, his projected $57,000 a year in tax-free income will be reduced.  He has the choice of paying off the loans during his lifetime or out of the death benefit.