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Feb 11, 2016
6:02:23pm
moosecoug Walk-on
Whole Life Insurance vs. Term Life and 401k for Retirment
I am in my mid 20's and am the father of a young family. Would it be better for me to invest in a whole life insurance plan with expensive premiums and a cash surrender value to help supplement retirement or invest in a term life plan and max out my 401k every year? I have been stewing over this question for the last six months and I have not been able to get a good feel for what would be a better course of action for retirement. Please let me know your opinions and advice. Thanks.
moosecoug
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moosecoug
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May 2, 2015
Last login
Sep 21, 2021
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