Posted by Eldon (WA) on January 06, 2011 at 21:49:49 from (98.225.11.231):
In Reply to: life insurance OT posted by steve terplak on January 06, 2011 at 18:11:35:
I took out a whole life policy with Northwestern Mutual back in the 80's....last year I was looking at some property to buy, so I cashed in the policy with a pretty decent ROI. I'm not sure whole life ROI is that great right now, but it worked out well for me. I now have term life for the same $$$ but of course the rates are not locked in. In a couple of years I will drop it as I am debt free and have several 401K funds I can cash out if I have too.
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