Ought to I Buy a Life Insurance coverage Coverage to Fund My Retirement?

In episode 173 of Financially Simple, Justin asks whether or not as a Business Owner you should get a Life Insurance policy to fund your retirement.
There can be many pitfalls and some confusion when getting a Life Insurance policy – but what if you were to invest the money instead? Justin answers this question, and gives advice and examples of what the alternatives are.
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TIME INDEX:
01:37 – Should I Purchase a Life Insurance Policy to Fund My Retirement?
03:07 – Life Insurance Retirement Plans
05:22 – Are LIRPs Bad?
05:39 – Case Example
13:12 – Alternatives to Life Insurance: As an Investment
16:34 – Listen to the Talking-heads
18:12 – Wrap Up
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RESOURCES:
Financially Simple Educational Website
Financially Simple on YouTube
Financially Simple podcasts are recorded on a Blue Yeti Microphone & Samsung Notebook 9.
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BIO:
Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.
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