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re: My Whole Life Ins. situation and advice request
Posted on 8/3/22 at 3:22 pm to REB BEER
Posted on 8/3/22 at 3:22 pm to REB BEER
I've said it before and will say it again: the amount of complexity in these WL/UL/VUL policies makes me never consider them. Financial complexity inevitably grows with adulthood -- this is one territory I'll intentionally avoid bringing more twists into the financial arena.
This post was edited on 8/3/22 at 3:24 pm
Posted on 8/3/22 at 5:16 pm to lynxcat
quote:
I've said it before and will say it again: the amount of complexity in these WL/UL/VUL policies makes me never consider them. Financial complexity inevitably grows with adulthood -- this is one territory I'll intentionally avoid bringing more twists into the financial arena.
I think that is one of Warren Buffet's rules. If it takes more than a sentence or two to describe, it probably has more loopholes and variables than you want to mess with.
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