Tag: life insurance

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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