Yes, VUL is an excellent long-term option for supplementing retirement income. As your cash value grows over the years, it can be used to fund your lifestyle in retirement. Aussies in Noosa, Victor Harbor, and Armidale are turning to VUL to bridge income gaps and maintain their standard of living. The money you withdraw is generally tax-advantaged and doesn’t eliminate your life coverage. It’s a retirement plan with a protective shield.