Should You Do A Life Insurance Retirement Plan (LIRP) If You Have A Pension & $1M+ Saved?
Joe Knows Retirement · Joe Schmitz Jr.
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Show Notes
Have you ever been invited to a nice steak dinner where you were told that you need a life insurance retirement plan (LIRP)? In this episode of Joe Knows Retirement, Joe talks about why most Midwestern Millionaires (those with a pension and $1 million or more saved) don't need a LIRP, especially for tax-free income. He also shares reasons why it could make sense to get a LIRP like when not comes to tax-free legacy planning and tax-free benefits for long-term care.
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