Skip to main content
No. of Recommendations: 0
Justin: There is an Insurance Board within the Managing your Finances section of TMF where this discussion has been had several times. You may wish to re-post there, or youcould simply search that board for VUL, universal life, variable life, etc.

Consensus, seems to be to make sure that you need the insurance and consider only after maxing out all other tax deferred investment vehicles - 401k and IRA, in particular, and not to overlook paying off debt and and savings for other expected needs, like house, car, marriage, kids, etc., as applicable to your situation, because VUL probably needs to be maintained for 10+ or maybe even 15+ years to overcome additional expenses involved. But I am certainly no expert..

Regards, JAFO

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.