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I am 50 with a military retirement (some is tax-exempt due to disability rating), a full-time job and a P/T job on weekends. I pull in about $70K gross/yr. My wife and I are homeowners and the kids are out of the house. Before I retired, I got a Variable Universal Life Insurance policy that I am strongly thinking of getting out of. We have little in savings as we are counting on the VUL and my military retirement to take care of us.

My thoughts are: get a 15-yr term life insurance plan, and invest as much as we can into my company's 401(k). Reason: I think I can earn more money without investing as much as I've done with the VUL.

The choices I have for the 401(k) are:

Wells Fargo, Stable Inc. (NVSIX)
Wells Fargo, Csv All (NVCBX)
AIM Growth: Sm Cap Growth (GTSAX)
Wells Fargo: Diversified Equity (NVDEX)
Wells Fargo: Equity Income (NVIEX)
Wells Fargo: Large Company Growth (NVLCX)
Putnam International Equity (POVSX)

Should we invest here, or choose some other route?
(Our goal is: $4000/mo inflation-adjusted income upon retirement -- My plans are to retire at 70, when the house will be paid off.)

Many thanks in advance!
Mike
Kearney, NE
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