Morey Insurance Group
Morey Insurance Group

Retirement Planning

Retirement is an opportunity to enjoy the things that make you happy. You need a solid strategy to help ensure you'll have enough income to live comfortably after you stop working.

 

There are several retirement savings and planning strategies for you to consider.  Reviewing the following information is a great way to begin thinking about how to reach your retirement goals:

Life Insurance Retirement Plan (LIRP)

Description
As a life insurance policy designed to take advantage of tax treatment of life insurance, it is suited for investors with high income, which may exclude them from participating in Roth IRAs. A LIRP can provide a long-term accumulation vehicle for supplemental retirement income. In addition, at your death, it offers a benefit to help replace lost income for those who depend on you.

 

Objective
To provide investors supplemental retirement income via a life insurance policy featuring market appreciation, tax-deferred accumulation, and a life insurance death benefit.

 

Suitability
Universal Life insurance is often used as a vehicle for a Life Insurance Retirement Plan. Over-funding a policy is best suited for investors already taking full advantage of other tax-advantaged ways to save for retirement. A LIRP is an option for those investors wanting to invest more for retirement once they have reached the contribution limits on qualified plans.

Universal Life Insurance Policy for Retirement Income
Take a close look at how a Fixed Index Universal Life Policy can provide a retirement income for you while providing multiple benefits to you and your loved ones.
FIUL for retirement income.pdf
Adobe Acrobat document [472.0 KB]

Proper Retirement Planning

Below you will find several helpful articles / downloads that you can read to prepare yourself for retirement.  If you have questions, or would like to speak with a qualified agent, please contact us to schedule a personal review. 

Retirement Timeline
Great summary of retirement timelines and milestones to consider when planning your retirement
Retirement Timeline.pdf
Adobe Acrobat document [70.8 KB]
How Will Social Security Affect Your Retirement?
Here are some quick facts to help you determine how Social Security will factor into your retirement planning.
Social Security Quick Facts.pdf
Adobe Acrobat document [140.7 KB]
Understanding your Annual Social Security Statement
Great article here to quickly understanding your annual Social Security Statement
Your Annual Social Security Statement.pd[...]
Adobe Acrobat document [1.2 MB]

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Morey Insurance Group

3669 Taylor Rd

Suite 963

Loomis, CA 95650

 

Phone:
916-652-8440

 

Toll Free:

1-800-283-1503

Contact us today to schedule a personalized review of your requirements

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