Are You Working With INDIVIDUALS IN THE Post-Retirement PHASE?
66+ Years Old
In Distribution Phase
Net Worth $1M+
For those looking to purchase life insurance, there are a few policies that are well-suited for individuals in the post-retirement phase and their specific needs and goals.
Your clients have worked a lifetime to create financial security for themselves and their family. They are comfortable and have assets that they may not need to fund their retirement. How can we best prepare them now to pass their wealth on to their loved ones?
With proper planning, it is possible for older generations to utilize assets that are not needed for everyday living expenses and make more efficient use of them for the benefit of future generations, while still maintaining control over these assets.
You have worked hard for years to create your retirement strategy – a comfortable retirement for you and your family. You may have taken advantage of company sponsored programs, such as a 40lk plan, or invested in an IRA, among other things.
The IRA Maximization Program is an alternative strategy that allows you to convert your wealth by using life insurance. You leverage a life insurance policy to realize an income tax-free solution for you and your beneficiaries.
Life insurance solutions are always possible no matter a person’s age. If you have clients who fall into the Post-Retirement Phase and are seeking options that are right for their current personal and financial situations, we have strategies that work for them. Contact the Advisor’s Resource team to learn more.