{ "item_title" : "Life Insurance for Retirement", "item_author" : [" Veervasanth Kumar "], "item_description" : "Before you use life insurance for retirement, understand what makes it work-and what can make it fail.You've worked hard to build your savings. Now you want to know how to turn them into retirement income, manage taxes, and protect the people who depend on you.Cash value life insurance may have a role in that plan. But how do you decide whether it fits your finances? What should you fund first? And what happens when you start taking money out?In How to Use Life Insurance for Retirement, VeerVasanth Kumar walks you through the benefits, costs, limitations, and ongoing responsibilities of using a policy as part of a retirement strategy. Written in plain English, this practical guide helps you evaluate your options and ask better questions before making a long-term commitment.Inside, you'll learn how to: Assess your fit. Use a seven-question Fit Test to consider your protection needs, budget, time horizon, and ability to keep funding a policy.Put your savings in order. Understand where employer retirement plans, HSAs, Roth accounts, and other savings options fit before committing more money to insurance.Understand the policy. Learn the differences between whole life and indexed universal life, how cash value works, and why charges, funding, and policy design matter.Read an illustration critically. Separate guarantees from assumptions, examine surrender values, and ask what happens when results fall short of projections.Plan for withdrawals and loans. Explore how money can be accessed, the conditions affecting its tax treatment, and the risks of growing loan balances or a policy lapse.Connect the pieces. See how a policy may fit alongside Social Security, retirement accounts, Medicare premium planning, and other income sources.Review what you already own. Use practical questions and an annual review checklist to understand an existing policy and identify issues that deserve attention.The book also explores living-benefit riders, legacy planning, and the additional questions immigrant families face when considering retirement across borders.With examples, checklists, a glossary, and clear next steps, this guide is written for working professionals, people approaching retirement, and existing policyholders who want to understand their choices.The goal is to help you decide whether this strategy belongs in your plan-and, if it does, what it takes to use it thoughtfully.Read it before you commit years of premiums or decide what to do with a policy you already own.", "item_img_path" : "https://covers1.booksamillion.com/covers/bam/9/79/816/408/9798164081720_b.jpg", "price_data" : { "retail_price" : "12.99", "online_price" : "12.99", "our_price" : "12.99", "club_price" : "12.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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