Understanding the Life Insurance Retirement Plan (LIRP)
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401k vs LIRP?!🤨If you are ready to get a LIRP setup with proper guidance, comment below “LIRP” or send me a message!🙌🏼401k is a RETIREMENT ACCOUNT with mixed investments and stocks that grows with the market. Whether it’s up or down. The great thing about 401k’s is that they grow more aggressively based on market volatility but it is still subjected to market losses and taxation that can increase in the futureWith a LIRP, it grows tax deferred (tax free) but the income is distributed tax free
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