Should You Do A Life Insurance Retirement Plan (LIRP) If You Have A Pension & $1M+ Saved? episode artwork

EPISODE · Jul 26, 2025 · 19 MIN

Should You Do A Life Insurance Retirement Plan (LIRP) If You Have A Pension & $1M+ Saved?

from Joe Knows Retirement · host Joe Schmitz Jr.

Have you ever been invited to a nice steak dinner where you were told that you need a life insurance retirement plan (LIRP)? In this episode of Joe Knows Retirement, Joe talks about why most Midwestern Millionaires (those with a pension and $1 million or more saved) don't need a LIRP, especially for tax-free income. He also shares reasons why it could make sense to get a LIRP like when not comes to tax-free legacy planning and tax-free benefits for long-term care. Are you interested in applying to receive expert help in planning for your financial future? If so, you can apply at https://peakretirementplanning.com/schedule-a-meeting/  🎥 Subscribe to our YouTube channel: https://bit.ly/430T9Lv 📚Get a FREE copy of Joe's book "Midwestern Millionaire": https://keap.page/bsd964/midwestern-millionaire-toolkit-youtube.html 🟥 Read our latest article featured in Kiplinger:  https://www.kiplinger.com/retirement/will-you-pay-higher-taxes-in-retirement 📞 Apply to talk with us: https://peakretirementplanning.com/schedule-a-meeting/

Episode metadata supplied by the publisher feed · Published Jul 26, 2025

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Should You Do A Life Insurance Retirement Plan (LIRP) If You Have A Pension & $1M+ Saved?

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