Jim and Laura estimated their life expectancy to be 90.
Compare the Current Plan against the STAR plan. By planning now, you can avoid significant losses in the future.
The STAR Plan (Strategic Transfer Approach to Retirement) uses tax free high cash value whole life insurance to avoid the taxes. Jim thought life insurance would have a death benefit only. His thinking changed about life insurance. He now believes in what life insurance can do for him - while he is alive!
He is really impressed with the gain in his legacy by planning now and not waiting. His comment to me was "I wish I had this information when I first started working. I would be so much further ahead to pay taxes on my earnings once and be done."