Why smart people finance their life insurance - TopicsExpress



          

Why smart people finance their life insurance premiums! Everyone asks, What does the smart money do when it comes to paying life insurance premiums. The answer is simple, they look at both options. What are those options? The same ones everyone has who qualifies: For Example: A 45 year old male business owner wants to put away a lump sum of $129,999 annually till he is 65 and pay 0 taxes in growth and distributions down the road. Thats 18 years. RECAP: $129,000 per year = $2,322,000 Rate of return: 7% Tax Bracket: 40% WITHDRAWALS: Taxable Account versus Financed Life Insurance Retirement Policy Total After Tax Withdrawals: Taxable Investment Account: $4,196,409 Life Insurance Retirement Policy: $10,675,640 Financing Can Increase Your Income By More Than 2 1/2 Times With The Tax Free Life Insurance.
Posted on: Wed, 23 Jul 2014 21:16:56 +0000

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