• Do You Need Life Insurance in Retirement?

  • Dec 7 2021
  • Length: 16 mins
  • Podcast

Do You Need Life Insurance in Retirement?

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  • Summary

  • Do you need life insurance in retirement? As with most questions, the answer is: it depends.  Today, Vince and Jag break down the pros and cons of life insurance, including:

    Cons:

    • Can be costly to continue
    • May not actually need it
    • May benefit the insurance agent more 

    Pros: 

    • More tax efficient benefit to beneficiaries
    • Can provide tax free distributions from the cash value
    • It can be considered a safer asset
    • Can provide long term care coverage

    Additional Resources:

    CFG Retirement Website: https://cfgretirement.com/

    CFG Retirement Phone Number to Call: 952-657-7470

    CFG Retirement TEXT line: 612-448-3243

    Vince email: vince@cfgretirement.com
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