What Is The Best Retirement Savings Plan? 
The best savings plan , not investment plan , is generally a product suitability item that needs to be profiled . The product suitability for participating whole life or current assumption universal life insurance , as an income source for retirement , is a long term saver with low to zero risk tolerance and no less than a fifteen year annual premium commitment . If designed to comply with TAMRA and maximum cash accumulation , these life insurance policies can deliver tax advantaged income as long as the policy is kept in force for the life of the insured . 