Permanent Life Insurance is an extremely diverse financial product that can be utilized to achieve many of your financial goals. There is a cash value component to all types of Permanent life insurance that can be drawn out for income in retirement. As we grow older, our death benefit needs begin to dwindle. Therefore, the cash that has accumulated in these policies can be used to achieve other goals. If done correctly, the money taken out of these policies can come to you tax-free. Our life insurance specialists can advise you on how to use a life insurance policy as an income source.