Don't just go to some goofy seminar... take the time to really plan for your retirement!
Most of us have a natural tendency to think of retirement planning as something that we don't need to really worry about until we are in our 50's. Even though most of us realize that we should be preparing for it NOW, we are usually very passive about it and allow retirement planning to take a backseat to our other priorities.
However, allow me to point out a few staggering numbers that might ignite your urgency if you are in your 30's or 40's, or even younger.
If a 45 year old female starts a life insurance policy funded as a retirement plan at $300 monthly, she would be projected to have $125,711 in her retirement account after paying in $75,600 at age 66, along with a death benefit all along the way of $250,000. This would allow her to take out $14,464 annually in tax free income beginning at age 66.
In contrast, another female at age 35, with the same contributions and death benefit, would be projected to have $266,726 in her account at age 66 after paying in $80,511, allowing for a tax free annual income of $31,283!!
As you can see, timing is everything in retirement planning! The best time to plant a tree was 20 years ago, but the second best time is today! Please contact us today for a free consultation at [email protected] or call 855-876-5252
However, allow me to point out a few staggering numbers that might ignite your urgency if you are in your 30's or 40's, or even younger.
If a 45 year old female starts a life insurance policy funded as a retirement plan at $300 monthly, she would be projected to have $125,711 in her retirement account after paying in $75,600 at age 66, along with a death benefit all along the way of $250,000. This would allow her to take out $14,464 annually in tax free income beginning at age 66.
In contrast, another female at age 35, with the same contributions and death benefit, would be projected to have $266,726 in her account at age 66 after paying in $80,511, allowing for a tax free annual income of $31,283!!
As you can see, timing is everything in retirement planning! The best time to plant a tree was 20 years ago, but the second best time is today! Please contact us today for a free consultation at [email protected] or call 855-876-5252
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