Thursday, April 15, 2010

Why Life Insurance Is Not an Investment

Life insurance is one of those things that most of us need but none of us enjoy talking about.


When it does come up in conversations, it’s mostly because someone is complaining about being sold a whole life insurance or variable life insurance that is both expensive and complex, who would be better off with a plain term insurance policy.


http://bucks.blogs.nytimes.com/2010/04/12/why-life-insurance-is-not-an-investment/

My comment
The same message is given in my b ook, Practical Guide on Financial Planning ($12) which is available here. Spend $12 and save a few thousand dollars by avoiding a bad investment.