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Message
re: Whole Life Insurance Lapse Rate
Posted on 1/26/14 at 7:15 pm to GoCrazyAuburn
Posted on 1/26/14 at 7:15 pm to GoCrazyAuburn
quote:
From what I can gather, his question/argument is that WL is bad because a lot of people end up getting rid of the policy before they die.
Yes, exactly. When looking at how expensive the premiums are, it is a terrible investment if you dont get the DB.
1
Posted on 1/26/14 at 7:40 pm to Stingray
quote:
When looking at how expensive the premiums are, it is a terrible investment if you dont get the DB.
But you would be paying the same regardless, in the grand scheme, no?
Over the next 30-40 years, what would be a good return for you after tax?
This post was edited on 1/26/14 at 7:43 pm
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