In this graphic I’m demonstrating that if instead of a whole life insurance policy, if you just got a term policy and invested the difference between the two policies and earned a conservative 4% rate of return, you’d come out about $100k ahead. Whole life policies are great for the sales agent and insurance companies that sell them and terrible for everyone else.
One response to “Term v. Whole Life 20 Year Breakdown”
[…] If you take the term life policy and invest the difference every year, earn even a conservative 4% a year in the stock market, you’d have accumulated over $100,000. […]