
25.7K
GURetirement is about maximizing the amount of passive income you have coming in.
Assets like stocks and real estate are common tools to help us get there. But most people don’t know life insurance can be another tool to create retirement income.
This is an example of a married couple standard health beginning at age 30 contributing $650/mo each into a Index Universal Life policy (IUL) over 30 years (assuming 6.58% avg annual growth)
Total contribution $234,000 in 30 years
Total value at age 60: $1.3 million
Retirement income at 60: $139,680 annually
Retirement income if they wait until 65: $183,780 annually
It starts with learning all the tools that we can use to build wealth.
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