Yes, it’s possible to use a life insurance policy to help fund your retirement goals. Keep in mind, though, that not all life insurance plans offer this — in particular, term insurance plans don’t. Also, terms, premiums, and growth opportunities can vary based on the type of permanent insurance policy you purchase. If you’re thinking about using a life insurance policy for retirement, speak with a financial advisor, who can help you understand whether it’s the right fit for you and provide you with a clear path to get the best options available.