So you are paying roughly $60 a month for $37,000 in whole life insurance. I'm 46 years old, OK health and packing a few extra pounds but passed the physical with flying colors - just bought $250,000 20 year term life $36 a month. I would think you would be less than half that (my 42 year wife was). With $16 a month paying the 20 year term (with $250,000 in coverage instead of $37,000) that leaves you $44 a month to put in an IRA. At 6% return in 20 years your IRA will be worth $20,588.
If you could get 9% return it would be $29,444 at the end of 20 years.
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Today's Featured Article - Women and Tractors - by Teri Burkholder. The View from the Garage - Never a doubt, everything on our farm is a learning experience. I've been working very hard to get our two rundown Farmall A's sanded, primed , bondo�d, fiberglassed and painted before our big local tractor show called the Tulip Festival. My husband Ben came in the garage one rainy day to see if he could "help". Well if you knew Ben you wouldn't want him anywhere near your spray gun, fiberglass or bondo! So I pulled out the 2 old yucky looking magne
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