✍️ By Joel Goldman | WBN News USA | July 23rd, 2025 |

Life insurance is often seen only as a safety net—a way to protect loved ones in case of death. But for many, it can also be a valuable asset in retirement planning.

While over half of Americans have life insurance, many remain underinsured. At the same time, most Americans approaching retirement don’t have a formal plan. This highlights a financial planning gap that life insurance can help fill—providing both protection and flexibility.

Not Just for the Unexpected
Permanent life insurance policies come with living benefits, including:

·       Tax-free policy loans for supplemental income

·       Cash value accumulation over time

·       Accelerated benefits in the case of serious illness

These features allow your policy to serve as a financial tool—not just a payout after death.

A Tool for Today’s Retirement Challenges
As people live longer and face rising costs, traditional retirement plans alone often aren’t enough. Permanent life insurance offers:

·       Market-shielded growth through cash value

·       Tax-deferred accumulation

·       Optional long-term care riders

For high-income earners or small business owners, it can provide income stability and legacy planning even after maxing out 401(k)s or RRSPs.

Support in High-Risk & Underserved Industries
Those in volatile industries—such as cannabis or entrepreneurship—often lack access to employer-sponsored retirement plans. Life insurance offers a customizable, long-term planning solution with built-in financial safeguards.

Life insurance is not one-size-fits-all. The key is selecting the right policy type and structuring it to match your retirement goals.

Joel Goldman | Insurance and Financing Advisor

At Starisks Insurance, Joel helps individuals and business owners navigate risk with tailored commercial, personal, and specialty coverage. Through HMMB Funder LLC, he provides fast, flexible hard money loans to fund real estate deals, renovations, and investment opportunities.

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🌐 HMMB Funder LLC Website

📩 Email: joelg@starisks.com

📞 Phone: +1 929-520-9596

🔗 LinkedIn: Joel Goldman

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TAGS:

#Retirement Planning, #LifeInsurance Strategy, #Tax Smart Investing, #Financial Security, #Wealth Transfer, #Insurance Planning, #Starisks Insurance

Editor for WBN: Chris Sturges  

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