re: Opinions on life insurance for your kids?

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Whole life is a flat out scam loaded with fees, commission, and risk that is only useful in very, very few tax planning situations.

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Are we talking about UL's or traditional WL? Very different products with very different fees, structures, and objectives. What risk are you talking about? What fees and commissions are too much? Are the commissions not loaded on term policies then too?

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Who said anything about 'every year

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Well, doesn't your calculation not assume an 8% rate of return over those years?

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who said anything about 'after tax'?

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Well, considering we are talking about whole life insurance, it would make sense to use after tax rate of return if we are going to be comparing things.

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If you think whole life is a good investment vehicle for the OP, you either sell insurance or have no idea what you're talking about (or both).

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I never once said it was a good investment. I just asked why is it a bad investment. What rate of return on your money would make a WL policy a "good" investment?