Unlock Financial Freedom with the Insured Retirement Plan (IRP)
The Insured Retirement Plan (IRP) grows your wealth tax-free and provides access to funds for retirement, ensuring a secure financial future and a tax-efficient legacy for your loved ones.
The IRP is a powerful strategy for high-income earners. By leveraging a whole life insurance policy, it offers tax-free growth, access to retirement income through collateralized loans, and a tax-efficient way to pass wealth to your beneficiaries without diminishing your estate's value.
A Strategy for Tax-Free Growth and Income
The IRP offers tax-free growth, access to funds for retirement, and a tax-efficient way to transfer wealth—ensuring financial security for your family and maximizing your estate's value.
What is the Insured Retirement Plan?
The Insured Retirement Plan (IRP) is designed for high-income earners who want tax-efficient growth, retirement income, and a legacy for their family. By using a whole life insurance policy, it allows your investments to grow tax-free while providing access to funds through collateralized loans.
At retirement, you can access these funds tax-free without impacting the policy's cash value growth. Upon passing, the tax-free death benefit repays any outstanding loans, with the remaining benefit passed on to your heirs—maximizing your estate and securing your legacy.
How it Works
The IRP uses a whole life insurance policy to grow wealth tax-free, access retirement income tax-free, and transfer assets tax-free to beneficiaries—ensuring financial stability and a lasting legacy.
Set Up a Whole Life Insurance Policy
Purchase a whole life policy to build tax-deferred cash value to enable the IRP strategy.
Grow Cash Value
The policy's cash value grows tax-free, providing a reliable asset for retirement income.
Access Tax-Free Retirement Income
Use the policy's cash value as collateral to secure tax-free loans for retirement income without triggering taxable withdrawals.
Pass On a Legacy
Upon passing, the tax-free death benefit covers outstanding loans, with the remaining benefit paid tax-free to your heirs—maximizing wealth transfer efficiently.
Benefits of the Insured Retirement Plan
Grow wealth tax-free, access capital, and build a legacy.
Tax-Preferred Growth
Cash value grows tax-free, maximizing wealth accumulation within CRA limits.
Tax-Free Income
Access tax-free retirement income through collateral loans, avoiding taxable withdrawals and capital gains.
Estate Preservation
Tax-free death benefits bypass probate, ensuring maximum wealth transfer to your heirs efficiently.
Flexible Income Options
Choose collateral loans, policy loans, or withdrawals to meet your financial needs effectively.
Secure and Predictable
Unlike market-dependent investments, whole life insurance offers steady, reliable growth.
Ready to Unlock Your Financial Freedom with IRP?
If you want to grow wealth tax-free, access tax-free retirement income, and secure your estate, let's talk. Contact us today to explore how the IRP strategy can enhance your financial future.
Contact usWhy Choose IRP for Your Financial Plan?
IRP offers tax-free growth, access to retirement income, and tax-efficient wealth transfer for your estate.
Advantages of an RRSP
RRSPs provide tax-deferred growth and reduce taxable income today, but withdrawals are fully taxable in retirement.
Advantages of the IRP
- The IRP offers tax-free access to retirement income through collateral loans without triggering taxable withdrawals.
- The policy’s cash value grows tax-free.
- The death benefit provides a tax-efficient legacy, ensuring more wealth is passed on to your heirs.
Real Numbers
Consider a 60-year-old business owner who invests $300,000 over five years ($60,000 annually) into a Corporate Estate Bond strategy with a $1,000,000 initial death benefit. Here’s how this strategy compares to traditional corporate investments.
A Legacy for Generations
By setting up this plan, you’re planting a seed for a financial tree that will support your child and future generations. The policy’s death benefit can pass on wealth to your grandchildren or great-grandchildren, ensuring a lasting legacy for your family.
The IFA strategy is rarely promoted by banks or traditional investment firms. It’s offered primarily by specialized advisors who understand its powerful tax-free growth and liquidity benefits for business owners. Discover how this strategy can transform your wealth.
They say the best time to plant a tree was yesterday, and the second best time is today. The same goes for financial planning—you may need time for your plan to grow, but the sooner you start, the better. Taking action now gives you more opportunities to build wealth, protect your assets, and secure your future. The key to long-term success is starting as early as possible.
Client Testimonials
See how our strategies have been successful from our clients.
"We worked specifically with Jordan who was knowledgeable, thorough, and patient."
We worked with Safe Pacific Financial to help us find the right life Insurance policy for us, and we are very happy with the service they provided. We worked specifically with Jordan who was knowledgeable, thorough, and patient with our many questions. We would certainly work with Safe Pacific Financial again and would recommend them to friends and family.
"Jordan was amazing to work with!"
Jordan was amazing to work with! He was patient and understanding when it came to answering all my questions and concerns. I highly recommend Jordan for any financial needs!
"Jordan was able to explain them in a simple and digestible manner."
My wife Brooke and I had a great experience working with Safe Pacific and their team. Although some of the insurance industry and the investment products can be complex, Jordan was able to explain them in a simple and digestible manner which really helped us to understand the long term value. I would highly recommend the Safe Pacific team and we look forward to working with them more in the future.
"Had a great experience with Safe Pacific."
Had a great experience with Safe Pacific. As someone who doesn't understand the business of insurance, I was not stressed at all with the process and Jordan and his team made it smooth and explained the entire process. They were responsive in a timely manner and helped me get a great deal on my disability insurance. Would highly recommend!
"Would highly recommend their services and support."
Jordan and Megan were very helpful in helping my partner and I secure term insurance and CI insurance. We talked with both of them about our current situation and context, and Jordan was able to walk us through the options and clearly laid out his recommendation. He answered all of our questions and followed up promptly as we moved along with the selection and registration process. Would highly recommend their services and support.
"They always make me feel like a priority."
The great thing about working with Safe Pacific is the personal touch they add to the service and how they always make me feel like a priority. Thanks Laurent and Rob for taking care of me.
"I highly recommend them to my colleagues."
I have worked with Robert Trasolini and Laurent Munier several times and I find them extremely helpful when it comes to Life, Critical illness and Disability insurance. They are able to explain things clearly and are really great guys to work with. I highly recommend them to my colleagues, clients and friends.
"Every step of the process."
Robert recently helped me acquire life and critical illness insurance. Not only did he explain every step of the process and walk me through it in a thorough and detailed manner, but Rob is great at taking complex terms and concepts and explaining them in simple, easy to understand manner.
Research Us
Choosing the right financial advisory is an important decision and you need to do your research. Take a deep dive into what we do and how we do it by clicking through these tabs.
Take the Next Step
At Safe Pacific, we’ve spent over a decade helping Canadian families implement innovative wealth-building strategies like the Waterfall Concept. Contact us today to learn how this approach can work for your family’s unique financial goals.
Book a ConsultationContact us
Let’s chat. Fill out this form and a member of our team will get back to you within 24hrs on business days.
"*" indicates required fields
