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Life Insurance in your 20s and 30s

Are you a 20 or 30 something making a good income, maximizing your 401k at work but have more disposable income to invest? Overfunding a cash accumulation life insurance policy could be the answer. Life insurance may not be as exciting on the surface as property, gold coins or the latest hot stock however, it can be as rewarding. It offers security for your family, cash that can be used in the future for any purpose including additional retirement funds, college funding, a mountain home, etc.

GROW YOUR NEST EGG

Similar to other investment accounts, compounding is the key. Contributing the maximum amount per IRS regulations, allows your nest egg to grow tax-deferred.


BE YOUR OWN BANK

Borrow the cash accumulation and pay yourself back.


BOOST THE DEATH BENEFIT

If you have not used the accumulated cash during your lifetime, your beneficiaries or heirs will receive the face amount of the life insurance plus the cash accumulation.



Cash withdrawn properly in the future can be tax-friendly. If this is not for you, it works brilliantly for your children as well. Maximize a cash accumulation life insurance policy for your children giving them a leg up on investing, compounding, and securing their own insurability.



 


Pamela D. Warrior

Regional Director, Life & Financial Services




Hi! I am Pamela Warrior, your Life Insurance and Financial Services Director at the Purcell Insurance Agency. I have spent over 15 years honing my skills to assist families with life insurance, retirement strategies, and general investments. I love working with all stages of life, from young families eager to start planning for their future to CEOs strategizing their career exit and retirement distribution. This work is incredibly important to me and I take your family's future to heart. To learn more, I invite you to click contact us or call my office number at 303.973.8341. I look forward to it.



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Purcell

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3609 S Wadsworth Blvd #100

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© 2022 by Purcell Insurance Agency /// Farmers Insurance Exchange

T Advertisement produced on behalf of the following specific insurers and seeking to obtain business for insurance underwritten by Farmers Insurance Exchange, Fire Insurance Exchange, Truck Insurance Exchange, Mid-Century Insurance Company, Civic Property and Casualty Company, Exact Property and Casualty Company, Neighborhood Spirit Property and Casualty Company, Farmers Insurance Company of Washington (Bellevue, WA) or affiliates. In TX: insurance is underwritten by Farmers Insurance Exchange, Fire Insurance Exchange, Truck Insurance Exchange, Mid-Century Insurance Company, Farmers Texas County Mutual Insurance Company, Mid-Century Insurance Company of Texas or Texas Farmers Insurance Company. In NY: insurance is underwritten by Farmers Insurance Exchange, Truck Insurance Exchange, Mid-Century Insurance Company or Farmers New Century Insurance Company. Home office, Los Angeles, CA.

Each of following insurers who transact business in California are domiciled in California and have their principal place of business in Los Angeles, CA: Farmers Insurance Exchange (#R 201), Fire Insurance Exchange (#1267-4), Truck Insurance Exchange (#1199-9), Mid-Century Insurance Company (#1428-2), Civic Property and Casualty Company (#4241-6), Exact Property and Casualty Company (#4240-8), Neighborhood Spirit Property and Casualty Company (#4242-4).

Life insurance issued by Farmers New World Life Insurance Company, a Washington domestic company: 3120 139th Ave. SE, Ste. 300 Bellevue, WA 98005 (CA#: 0378-0). Farmers New World Life is not licensed and does not solicit or sell in the state of New York.

Securities offered through Farmers Financial Solutions, LLC, (In NY: Farmers Financial Solutions and Insurance Agency), 31051 Agoura Road, Westlake Village, CA 91361. Member FINRA & SIPC

Each insurer has sole financial responsibility for its own insurance. List of all insurers at farmers.com. Not all insurers are authorized in all states. Not all products, coverages, features and discounts are available in every state and may vary by state. Restrictions, exclusions, limits, and conditions apply. See agent for details.

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