Whole Life Insurance Can Bolster Your Retirement Portfolio. Here’s How to Use It.
December 23, 2020 by Neal Templin
The 401(k) revolution has turned millions of American workers into their own pension plan managers. Now, as a growing number of these workers retire, they must convert their investment portfolios into regular income.
It isn’t easy. Retirees can’t depend upon bonds for income because yields are so low. But if they bet too big on equities, their savings could get savaged in a market downturn, crimping their retirement.