02/20/2021
One of the most common mistakes being made in the average family's financial plan is the idea that Life Insurance can be used as a solid retirement plan.
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A life insurance benefit is considered 'rented wealth' and should be seen as a 'hypothetical' stash of money that will take care of your family in the event of your untimely passing.
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If you want to retire with dignity, your life insurance can't be anything more than your foundation. Building on that is the job of Roth IRA's, ETF's, indexes, etc.
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Bottom line, if you want to build wealth, you need TANGIBLE money.
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