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re: Term Life Insurance question
Posted on 11/13/15 at 3:37 pm to Ice Cream Sammich
Posted on 11/13/15 at 3:37 pm to Ice Cream Sammich
Take that same $70 and invest it in an index fund and you'll come out ahead. 20 years at 5% (pretty modest) you'll end up with about $28k, about $117/mo. Same result but you have control over the investment and will likely earn a lot more.
1
Posted on 11/13/15 at 3:41 pm to txtiger21
quote:Was about to say this. It's nice to have instant access to the funds as well.
Take that same $70 and invest it in an index fund and you'll come out ahead. 20 years at 5% (pretty modest) you'll end up with about $28k, about $117/mo. Same result but you have control over the investment and will likely earn a lot more.
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