Life Insurance

Tax-Free* Retirement

Is it possible?

Retire Tax-Free*

So, is it possible to retire tax-free? Well, not entirely. But, in some cases, using certain IUL policies, you could be able to receive an income that isn’t subject to income tax. Other potential strategies to get tax-free* income in retirement include taking out money from a Roth IRA or other Roth 401(K) plans. Depending on your retirement strategy, you may have additional tactics in terms of taxes. For example, a max cash value life insurance policy could give you the possibility to receive income that’s tax-free.*

Life Insurance Could Provide Income

smiling senior couple running in the water at the beach together retire tax free destin fl

The concept of life insurance is fairly simple. Life insurance essentially protects your family once you’re no longer there to provide for them. Many people choose life insurance to give them more peace of mind. But there’s another thing to consider; life insurance may also provide a source of income in retirement as a benefit. Many retirees could benefit from this, although of course, it isn’t for everyone.


Some people use an IUL policy as a savings strategy. For example, IUL money is available for emergencies or can be liquid. You could also choose to use your money in an IUL for major purchases or even college costs for your grandchildren. Using this money instead of other savings accounts could allow you to have more flexibility with how you move your money around. You can gain the knowledge you need to reach your retirement goals by learning more about your different insurance options.

How to

Retire Tax-Free*

Everyone’s situation is unique. Not all retirees will use life insurance as a source of income. But sometimes an IUL could work as well. You may be able to earn tax-free* income with a product such as an IUL.

You may want to consider making this product part of your retirement strategy if the following things are important to you:
  • You want to learn about how to defer taxes
  • Having savings in case of an emergency is important to you
  • You don’t like that there’s a CAP on how much money you can put into your 401(K)
  • You want protection from the risks of the market
  • You want family members to receive income after you pass away
  • The money will be there when you need it
  • Your income needs to align with the cost basis of your life insurance cash value
  • You want to know your money is safe even if the market drops

Your Loved Ones

Leaving behind a legacy could be very important to some retirees. And life insurance could help them do that. The laws and taxes will differ from stock market investments. For example, beneficiaries can get their money without taxes. You’ve saved in order to protect your family, and you can make sure you do with the right type of life insurance policy.

grandparents laughing with their granddaughters retire tax free with life insurance destin fl

Learn About Your Options

We care about our clients here at AGM Secure Money and we want them to have all the information they need to reach their retirement goals. Retirement could be the time to re-examine your life insurance needs. Contact us today for a review of your current policies. We can discuss your current situation and help you look at the different options available to you.

Schedule a meeting with AGM Secure Money today.

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