Once a person has deposited tax-free dollars into an IUL, they will never have to pay taxes on them in the future because they can simply utilize a 0% interest loan from the policy after it has cultivated a significant nest egg
Chicago, IL (PRWEB) February 13, 2014
YourLifeSolution.com, a service that provides instant online life insurance quotes, is notifying young investors and professionals that according to various market back-tests done recently, traditional retirement accounts would have actually fared worse over the previous thirty years than indexed universal life insurance would have if funded on the same schedule. The basis for this statement is a back-test study which shows that an approximate average annual gain of 9.3% per year can be achieved by merely putting the same amount of capital into an indexed universal life insurance policy starting at an age under 35, and setting the policy to index the S & P 500 index. This assessment takes into consideration numerous recessions and market rallies as well.
YourLifeSolution.com purports that indexed universal life insurance would prevent an individual's retirement funding from being depleted by market crashs and that if done in the way they endorse, would allow for an interest-free and tax-free retirement income decades later. "Once a person has deposited tax-free dollars into an IUL, they will never have to pay taxes on them in the future because they can simply utilize a 0% interest loan from the policy after it has cultivated a significant nest egg. This is revolutionary and eliminates a lot of the concerns about what tax rate a retired individual will have to pay later in life", said Eric Smith, the founder of YourLifeSolution.com
Those interested in learning more about producing a tax-free retirement with indexed universal life insurance are encouraged to visit the following link within YourLifeSolution.com.
Those interested in viewing instant competing quotes on life insurance are encouraged to do so at YourLifeSolution.com, or by calling Eric Smith at 888.374.2764