BeamaLife Blog

CBO Director Peter Orszag testified before the House of Representatives that Americans have lost $2 trillion in their 401k’s in the last 15 months. Only two weeks after Orszag’s testimony, Congressman George Miller announced that 401k losses had doubled to $4 trillion in just two weeks. That is forty percent of the value of 401k’s gone in less than a year and a half! People who haven’t retired yet are equally disturbed as retired who are living on investment income! Many will have to postpone retirement, and many will never make back what they have lost. This equates to a lower standard of living for many Americans. People who have some time should definitely consider the whole life insurance as a retirement savings supplement. Whole life policy provides guaranteed cash value with a non-guaranteed dividend so you can stop worrying about stock market risk. It is a life insurance policy so – it covers premature death and disability benefits if waiver of premium rider is added with a very attractive return. Please call (866) 973 -3262 to speak with whole life specialist or complete this whole life quote request form now.