Jordan Perrault: The LIRP Retirement planning strategist

07/29/2025

XRP to $1000 by 2030?

What do you think?

10/16/2024

The faster you get life insurance the faster you don’t have to worry about it and it’s cheaper!
No one is too young for life insurance!
Plus, depending on what style policy, the longer you have it the more your money grows!

08/24/2024

With 70% of people needing long term care & with how things are looking...
People are not saving/investing for retirement,they are saving/investing all they can just for Long Term Care (LTC).

People under 50 (earlier the better) need to start planning for LTC.

09/28/2023

You insure your house
You insure your car
Many insure their phones...

Make sure you insure the most important thing you have.... YOUR LIFE!

09/28/2023

Average Rate of Return does NOT equal ACTUAL returns!!

This is a risk that most people do not understand.

09/21/2023

Here's a general overview of how you can use IUL as a personal bank:

Cash Value Accumulation: With an IUL policy, a portion of your premium payments goes into a cash value account. This cash value can grow over time based on the performance of a chosen index, such as the S&P 500.

Tax Advantages: The cash value growth in an IUL policy is tax-deferred, meaning you won't owe taxes on the gains as long as the money remains inside the policy. This can provide potential tax advantages compared to traditional bank accounts.

Policy Loans: One way to access the cash value in an IUL policy is through policy loans. You can borrow against the cash value at a relatively low interest rate. Keep in mind that policy loans reduce the death benefit if not repaid.

Flexibility: Unlike traditional banks, you have more control over the policy loans and repayment terms. You can use the borrowed funds for various purposes, such as financing major expenses, starting a business, or supplementing retirement income.

Death Benefit Protection: It's important to remember that an IUL policy is primarily designed to provide a death benefit to your beneficiaries. The cash value accumulation and policy loans are additional features that can be utilized while you're alive.

The specifics of using an IUL policy as a personal bank will vary depending on the insurance company and the policy terms. It's always recommended to consult with an insurance professional who can provide personalized advice and properly structure the policy based on your individual circumstances.

09/18/2023