Timothy Sumer

The LIRP, also known as the life insurance retirement plan, offers many benefits. See Depending on whether you choose whole life or universal life, the LIRP can provide much needed supplemental income in retirement. See In fact, the guarantees offered by whole life insurance make it an excellent vehicle for life insurance retirement plans. See In this discussion with the Financial Experts Network, estate planner and life insurance expert, Steve Gibbs, of insuranceandestates.com offers a few life insurance planning scenarios for a mainstream audience of financial professionals.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Life Insurance Retirement Plan [LIRP] Case Studies: Unlocking the Benefits of Life Insurance for Your Retirement Planning for retirement can be a daunting task. With so many

A LIRP is a Life Insurance Retirement Plan, and although this is not for everyone, listen to Troy Sharpe, CFP®, as he explains what a LIRP is and whether or not it's a viable strategy for you to think about when planning for retirement. Life insurance as a tool in your estate plan or your retirement plan may have many distinct advantages, depending on your circumstances. Along with annuities and bonds, we believe life insurance to be one of the most misunderstood tools in the financial world. In our view, life insurance in retirement should be thought of as an asset, not an expense. When structured properly and used as part of a plan, it can become a conservative growth tool with unique tax advantages that provide living benefits and death benefits. The tax code specifically carves out special advantages and tax benefits for life insurance. When used appropriately in retirement, or as part of an estate plan, it may be possible to use life insurance to help protect your