​Richard's Challenge
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At age 66, Richard wanted to increase his annual tax-free income to sustain his family from ages 65 to 100, without changing outlay.
Purchased cash policy at age 46: $25,000 Annual Premiums; $890,985 Death Benefit; $419,178 Cash Value
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With new mortality expenses, Richard's tax-free income in retirement increased $33,714/year
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Policy Face Value increased from $890,985 to $1,216,554 and annual income increased from $54,200 to $87,914...an increase of 62.2%