Do you know how much your retirement account will be worth in ten years, 20 years, or on the day you plan to tap into it? If you can't answer that question, you don't have a plan.

But don't give up hope. There are proven and time-tested ways to grow a substantial nest egg – without the risk or volatility of stocks, mutual funds, real estate, and other investments.

For example, there is an asset class that has increased in value during every stock market decline and every period of economic boom and bust for more than a century. That asset is dividend-paying whole life insurance.

So what are the benefits?

• A dividend-paying whole life policy grows by a guaranteed and pre-set amount every year. In addition, the growth is exponential, meaning it gets better (more efficient) every single year you have the policy, simply because you stick with it. And no luck, skill, or guesswork is required to make that happen.

• There are little-known options that can be added to the policy which turbo-charge the growth of your equity ("cash value") in the policy.

• Once credited to your policy, both your guaranteed annual increases, plus any dividends you may receive, are locked in. They don't vanish due to a market correction.

• These policies also give you peace of mind for retirement planning, because you'll know the minimum guaranteed income you can take in retirement, and for how long you can take it.

• You can use the money to "bank on yourself" and become your own source of financing, so you can reduce or even eliminate the control banks and financial institutions have over you.

• In addition, it's possible to take retirement income from these policies with little or no tax consequences, under current tax law.

During the financial crisis, even as the experts lamented there was no place to hide, no one lost a penny in a dividend-paying whole life policy, and their policies continue to grow safely and predictably. Why? Because they were on the right track. Are you?

Author's Bio: 

About Pamela Yellen: As a consultant to financial advisors, author and financial security expert, Pamela Yellen investigated more than 450 savings and retirement planning strategies before learning about Bank On Yourself. This approach uses specially designed dividend-paying cash value whole life insurance policies to create secure savings plans for families who want to protect their financial future. Pamela spent five years investigating and implementing the Bank On Yourself method for her own family before offering it to others as a secure and proven alternative to the risk, volatility and unpredictability of other savings plans. She has helped train 200 Bank On Yourself Authorized Advisors throughout the US and Canada to help their clients implement this strategy properly. Pamela is the author of the New York Times best-selling book, BANK ON YOURSELF: The Life-Changing Secret to Growing and Protecting Your Financial Future. Learn more at