How Do You Use Whole Life Insurance For Retirement? 
Not all life insurance can be used for retirement funding , so be careful with that . If done right Permanent life insurance products can be utilized as an income source in retirement . The most reliable for this purpose is Whole Life . Obviously variable products can work , but they have inherent downside risk . Whole Life on the other hand has guaranteed interest and with mutual companies dividends also play into the cash accumulation of the policy . So the cash value of the Whole Life policy can be used to supplement retirement income by systematically taking sums out from the cash value that has accumulated over the years leading up to retirement . Be sure to work with your insurance adviser and run some projections on this before planning on easy street in retirement . 