You don’t have to choose just one. Life insurance and Roth IRAs can work in tandem to provide retirement income.

When planning for retirement, most people focus on the big stuff — Social Security, 401 (k)s, pensions and IRAs. But there’s another powerful tool flying under the radar: whole life insurance.

Whole life insurance could complement your IRA or 401 (k) and serve as a backup source of retirement income should you need it. But it most certainly should not take the place of an actual nest ...

Learn how life insurance can help you build tax-free wealth, fund a trust, and set up your family for long-term financial ...

One of those strategies can be a life insurance for retirement plan (LIRP). These plans are whole or universal life insurance policies, which offer both a death benefit and help you build cash value.

At 33, Sarah from Denver was surprised to learn that her parents had taken out a $500,000 whole life insurance policy on her ...

Life insurance can give you supplemental income in retirement. Westend61/Getty Images The decision to purchase life insurance is often a simple one when you have loved ones who depend on your income.

Life insurance can be more than just a safety net for your family after you pass away – it can also serve as a retirement planning tool. Some policies build cash value that you can access in ...

Whole life insurance has plenty of benefits that make it a valuable asset for risk-averse investors or retirement portfolios. However, it is still one of the most expensive types of life insurance ...

When whole life insurance for your children is a good idea Like other life insurance policies, whole life insurance includes a death benefit in the event of death while the policy is in effect ...