Answer
Nov 05, 2024 - 09:32 AM
Life insurance post-retirement offers key benefits: it provides financial security for beneficiaries, tax-free retirement income options, and potential long-term care coverage. Certain policies, like Fixed Indexed Universal Life Insurance, can also safeguard funds from market volatility, creating a stable, protected income source that may be tax-advantaged. This can reduce estate tax impacts and secure financial peace of mind in retirement.