As most consumers know, life insurance has always been part of your basic financial building blocks along with health and disability insurance (if you are a business owner or an employee). Most people do now, however, realize it can also be used to build wealth for your retirement years. Permanent Life insurance produces like “Indexed Universal Life” not only can help protect against a premature death, but can also accumulate cash values that can be used in retirement.

Growth of the cash values can be tied to domestic and international indices with guarantees that, if the markets have a bad year, will still be guaranteed a positive interest rate at 1% – 2%. This can be a win-win scenario, with low risk and an additional financial instrument worth checking into as you plan for your retirement.

Contact Randy Jones Insurance to discuss how you can incorporate life insurance into your retirement planning.