No. of Recommendations: 6
Did you even read TTRoberts post? Did you understand the intent? He was not trying to convince anyone to buy any certain type of policy. He was explaining (very well, I might add) the mechanics of these policies. Obviously the first decision is whether or not you need life insurance. Once the answer is yes you certainly should try your best to understand how they work and choose the right one for your situation. I don't think it's as cut and dry as you are trying to make it seem. If you conclude that long term tax-advantaged growth of reserves in an insurance policy with the inherent insurance and tax-free access to the money can always be "out-performed" by "buy term, invest the rest" then so be it. I think it's a narrow point of view that clearly is not best for all.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.