life insurance

Reasons Why You Need Life Insurance

Reasons Why You Need Life Insurance

Life insurance is an essential financial tool for any individual, especially a family person. Life insurance provides protection and financial security for your loved ones in the case of your untimely death. It provides numerous benefits to your loved ones when you are gone. Other than financial protection and security, there are other reasons why […]

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LIRPs

All You Need to Know About LIRPs: A Rich Man’s IRA

In 2020, when I sold some of my website properties (details here), my Edward Jones advisor recommended that I set up a “rich man’s IRA” to which I looked at him dumbfounded asking what that was. He explained that many affluent people invest in LIRPs. LIRP stands for Life Insurance Retirement Plan. What’s about a

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