Let’s say you at age 65, you have $1M in an IUL policy. If structured correctly and max-funded, it’s possible to access $100K annually as tax-free income using index loans.
Over 20 years, you’d have accessed $2M while keeping your principal intact.
The insurance company charges nominal interest, creating what some call a “phantom loan.” This balance isn’t due during your lifetime—it’s offset by the death benefit when you pass. However, you can repay it if you choose, creating new growth potential in the policy.
Watch the full episode to see how this strategy works.
#IUL #TaxFreeIncome #FinancialFreedom #RetirementPlanning