I definitely can relate to this topic...
My blogs sometimes consists of stories about people who face many of the same questions I ask myself. Adrienne, mentioned below, didn't realize she could smooth out the bumps in her cash flow.
Read her story below.
Adrienne is 33, a Real Estate Broker who loves making things happen. She knows what her monthly cash flow needs are and even carved out a financial plan for her retirement.
However having little control over the timing of her closings has at times made her liquidity tight and has not enabled her to regularly save for her retirement.
Many People Are Not Aware Of The Concept: Cash Value Of Whole Life Insurance; Giving You The Opportunity To Become Your Own Banker.
Whole Life allows the cash within a policy to grow tax free. Adrienne could access the cash as "short term policy loans", at low interest rates, to help smooth out her cash flow needs.