How Much Is A Retirement Plan?

  1. 355 POINTS
    anthony yard
    Living Debt Free & Truly Wealthy, The found money specialist, United States
    That depends on the retirement plan you choose. There is a cost which consist of management fees, taxes, etc.

    But you can avoid taxes by using a life insurance savings vehicle for a retirement plan. Have you heard of tax deferral and tax free withdrawals? 

    Whole life and index universal life insurance polices are great supplemental savings vehicles.

    There is no specific amount you have to contribute to your retirement savings using a life insurance for retirement.
    Answered on March 12, 2014
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