Ernst and Young (EY) recently did a landmark study showing how the judicious addition of Index Universal Life (IUL) and Fixed Index Annuities (FIA) to a traditional portfolio can produce enhanced benefits not replaceable elsewhere--more income, more wealth to heirs, and more predictable outcomes to name a few. But who does a properly structured IUL used as a Life Insurance Retirement Plan work? How does it make money internally? When should it be used and when not? In this episode we dive into those areas as well as a guaranteed lifetime income "private pension" that outperforms traditional portfolios and enhances the Income Production Ability (IPA) of the entire strategy.