Is Whole Life Insurance A Good Retirement Investment? 
Whole Life Insurance has many great aspects but using it as a retirement investment is not one of them . There are some companies that are promoting a concept of using your whole life insurance as your personal bank , instead of getting a loan from a bank to buy something use the cash value of your life insurance and then pay yourself back . But when it comes to retirement a whole life policy will not give you the gains needed to fund your retirement . When you look at your retirement saving , whether its your 401K that we are talking about or youre personal saving . Your financial planner should be telling you that you can only talk out about 5 % of the value per year otherwise you may run out of money . Think about that , if you have $ 100,000 in a 401k that will give you a yearly income of only $ 5,000 . If you are looking for options to protect yourself against premature loss and has additional income options for retirement then you should really look at index universal life . A 45yr old male non-smoker could invest $ 150 per month into a $ 100,000 life insurance policy and when he retires at 65 , he should be receiving about $ 6,000 of yearly income , most of which is tax free . This is a great option for most individuals , if you need more help or have additional questions please feel free to contact me . 