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URL:  http://boards.fool.com/i-have-a-similar-situation-but-with-a-longer-time-28112625.aspx

Subject:  Re: Pension options for beneficiery Date:  11/19/2009  10:10 PM
Author:  rrndg Number:  233 of 294

I have a similar situation, but with a longer time span before retirement. My insurance guy recently recommended a cash value policy instead of term to cover the difference between the single life benefit and the 100% spouse benefit. His pitch was that the insurance cash value will grow tax free at about 7-9% (historical return) and if necessary you can take up to the basis amount without paying taxes after retirement. You can also convert to an annuity. Any advice on this approach?
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