Recent content by antsinfla

Thanks for the welcome! Previous correspondence refers - for the record: The cash value in an IUL may be taken out as withdrawals or policy loans and is regarded as tax free income. In essence, using the death benefit as a lifetime benefit - hence the use of a life (I call death) insurance...

That said, I do not advocate the use of variable annuities for several reasons, primarily the high fees and expenses. Life insurance or any type of insurance for that matter, serves a purpose only, and is not to be confused with investing. In addition I am not a great fan of "professional...

Thank you for your response and direction as to the sense of the group as a whole. I am all for self management and low cost and I do practice this in my personal risk management accounts. Apologies if I offended anyone!

Thank you for your response and direction, I apologize if I have offended anyone in this forum in any way - that was certainly not my intention at all.

Yes a SPIA may be appropriate as part of his retirement income strategy in the future when interest rates are higher. The income from a SPIA is mostly tax free as it is a largely return of principal. The life insurance aspect of the IUL (if priced accordingly) is secondary to the fact that this...

Your early retirement Perhaps your biggest long term concern for the future will that of inflation and taxation. I would suggest you take a look at indexed universal life (IUL) as a part of your overall asset allocation as well as your retirement and income plan. This will provide for (amongst...