Ep. 26 - 7 reasons to own permanent life insurance in retirement

<p> We&#39;ve all heard the sales pitches! &quot;Permanent life insurance solves all of your problems!&quot;</p> <p><br></p> <p>For those of you who have followed me for a period of time know I don&#39;t believe this to be true. But at the same time, there is a large % of the financial advisor (and talking heads) population that blanketly tells people, &quot;Don&#39;t ever buy permanent life insurance.&quot;</p> <p><br></p> <p>To me, this is a breach of fiduciary duty. Just because we all have our biases doesn&#39;t mean we should PUSH those biases on someone&#39;s personal financial situation. As my friend Cody Garrett likes to say, &quot;Keep Finance Personal.&quot;</p> <p><br></p> <p>Here is a link to the article I referenced in the show about <a href="https://imaginefinancialsecurity.com/flat-fee-financial-planner/how-to-divide-assets-in-a-blended-family/" target="_blank" rel="noopener noreferer">&quot;How to divide assets in a blended family.&quot;</a></p> <p><br></p> <p>Here&#39;s a link to an episode from Andy Panko&#39;s podcast;</p> <p><a href="https://podcasts.apple.com/us/podcast/077-understanding-cash-value-life-insurance-and-how/id1605251516?i=1000615240885" target="_blank" rel="noopener noreferer">Episode 77 - &quot;Understanding cash value life insurance and how it&#39;s sold, with Kevin Lao.&quot;</a></p> <p>This could be a nice compliment to what we discussed today!</p> <p><br></p> <p>I hope you enjoy it.</p> <p><br></p> <p>Make sure to give the show a follow and leave us a review so we can reach more people and make a bigger impact!</p> <p><br></p> <p>Kevin</p> <p> </p>