Episode 299: How Life Insurance and Annuities Can Help Maximize Your Retirement

Today’s video comes from David’s interview with Dave Christy. They discuss how life insurance and annuities can help maximize your retirement.  They start by describing the three different ways cash value life insurance can positively impact your financial plan.  David reveals how IULs can be an excellent replacement for the bond portion of your portfolio.  David explains why most people get heartburn when they think about paying for traditional long-term care.  David goes over the unique aspects of cash value life insurance--if you ever need long-term care, the insurer will start paying your benefits in advance of your death to pay for long-term care.  David covers how cash value life insurance can extend the life of your investments when it comes to sustainable withdrawals in retirement.  According to David, the problem with the 4% Rule is that it's an expensive way of mitigating longevity risk.  David describes how cash-value life insurance works and why it's an excellent volatility...