Finished reading Tax Free Retirement by Patrick Kelly. We were given this book by a financial advisor we are working with to get life insurance. Tax Free Retirement discusses the nine most common financial landmines. Kelly show how your can use a Universal Life Insurance policy for more than just the death benefit; by utilizing the policy to create retirement income and avoid capital gains taxes.
The book is easy read and written so anyone can understand the topic. The retirement method covered in Tax Free Retirement uses common tax loopholes to avoid capital gains tax when withdrawing money from the account, while covering your families future with an insurance policy in the event of your early demises. I learned a lot from this book and I plan to open an account for my self and my wife. I recommend this book to anyone who wants to secure their retirement while covering their family from the unexpected.