What if you could generate tax-free income in retirement? A diversified retirement portfolio can help lessen your tax burden, protect your nest egg, and provide financial peace of mind in your later years. We hear clients often say that although they have most of their money in tax-deferred accounts, they actually hoped more of their money was in their tax-free bucket. This is where life insurance comes into play. Cash-value life insurance is a great way to increase the value of your tax-free bucket. Further, a funding strategy known as hybrid leveraging can help you maximize the growth potential of a cash-value life insurance policy.
In this episode of Money Script Monday, Luke explains the difference between getting taxed now versus later and the benefits of using hybrid financing to purchase a cash-value life insurance policy.
Resources Provided for This Episode
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