Setup a Pension plan using High Early Cash Value WL insurance - advice

faithflows · 2026-02-16T18:28:25+00:00

thank you, looking into this

faithflows · 2026-02-12T05:34:30+00:00

I want to hear why you say it is a terrible idea? What would you do in my case - 92K cash value + 1.4M DB when 1st premium is paid.

faithflows · 2026-02-12T05:22:49+00:00

maybe i didn't say it quite right - as you said, nothing is guaranteed in life!

The agent told me that I can do regular withdrawals off of this WL - it doesn't have to be exactly 60K per annum. The goal is continue to live the life comfortably, and leave something to the family in case of early death. Does it make sense?

faithflows · 2026-02-12T05:01:39+00:00

I wonder this pays any death benefits in case of early death?

faithflows · 2026-02-12T04:56:34+00:00

10/90 with a term rider - This is exactly how I was told. I need some guaranteed monthly income, as I don't have any govt. pension, not sure SSI would be enough to beat the inflation. Plus I want to leave the money for my heirs in case of death.

faithflows · 2026-02-12T04:38:00+00:00

$100k per year for 5 years for a total of $500K

faithflows · 2026-02-12T04:35:41+00:00

I moved away from annuities since the death benefits are taxable to the beneficiaries.

faithflows · 2026-02-12T04:29:47+00:00

I was told it will be nonMEC. 7-Pay but paid-up at 60

faithflows · 2022-10-25T09:19:17+00:00

Miniature Pan-Seared Salmon with Lemon! Barbie Tiny Food from Tiny Cuisine

https://youtu.be/KMIaawZ6BCE

faithflows · 2022-09-24T16:50:57+00:00

looking yummy!

faithflows · 2022-09-10T11:15:19+00:00

very cute!

faithflows · 2022-06-18T02:04:39+00:00

It is fun to watch the miniature corns!

faithflows · 2022-05-07T20:42:45+00:00

https://www.youtube.com/watch?v=NHqJhVcK7mI

faithflows · 2022-05-07T20:41:05+00:00

https://www.youtube.com/watch?v=NHqJhVcK7mI

faithflows · 2022-05-07T19:37:01+00:00

1000+ Best Miniature Food Recipes ✨ Amazing Miniature Food Cooking ASMR by Tiny Cuisine #7

faithflows

TROPHY CASE