Retirement Income Strategies – Whole Life Insurance

Wherever you are in life, getting life insurance is a smart plan to keep your family safe. If tragedy strikes and you aren’t around to support them, you want your loved ones to have additional security to continue living, working and going to school. Reach out to Retirement Income Strategies of Madison, WI to learn more about our whole life insurance products.

How Does Whole Life Insurance Work?

Whole life insurance works much like other insurance policies, but provides a means to take care of your loved ones after you’re gone. When you choose the whole life insurance policy that’s right for you, you’ll pay a steady premium throughout your life or until a pre-determined date. This premium builds a cash value that you can either pull from while you’re still alive or give to beneficiaries after you pass away. The lump sum your beneficiaries receive upon your death is non-taxable and usually amounts up to $100,000.

Life Insurance Financial Benefits

There are many advantages to whole life insurance policies. As long as you continue to pay your premiums, you’ll have access to the cash you’ve set aside for yourself or your family later. The premiums with this policy are fixed and stay consistent, regardless of age. You can opt for limited pay policies that allow you to pay off your life insurance in as little as 10 to 20 years.

Every family has different needs, so Retirement Income Strategies has different life insurance policies to offer. Visit us today to learn about which policies could work best for you. With the assistance of a whole life insurance policy, your family will be able to pay for funeral costs without expense to themselves, cover the expense of children still staying with family or pay off mortgages and remaining additional expenses you might leave behind. You can also use your life insurance money to pay for living expenses while you’re retired.

The experts at the Retirement Income Strategies office in Madison are ready to help you. We know the world of life insurance and the best plan to match you with. Call us for a consultation today.

Kristian Finfrock


Our founder and top financial professional, Kristian Finfrock, wants you to maintain a retirement savings that is not majorly impacted by today's volatile market. Contact us at 888.275.3935 to learn more.

» Learn How

Ed Slott’s IRA Corner

Ed Slott runs the Elite IRA Advisor Group dedicated to spread the word about smart retirement strategies.

Members of Ed Slott’s Elite IRA Advisor GroupTM are dedicated to being leaders in the IRA industry and protecting their clients’ families’ futures.

» Learn More

Upcoming Events

Retirement planning is simple when you partner with the wealth management professionals at Retirement Income Strategies.

Our retirement planning professionals offer a number of events to provide education and assistance with senior life insurance, financial planning, and more. Click below to view our upcoming calendar.

» Calendar of Events

At Retirement Income Strategies, helping you meet your financial needs is our FIRST priority

Contact us at or call us at 888.275.3935 to schedule a time to discuss your financial situation and the potential role of insurance or investments in your financial strategy.