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Personal Finance (Not Investing) • Why does a discussion of Financial Planning almost always turns into buying Whole life insurance?

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I get the whole commission aspect. And I am also willing to drop these guys and not waste my time with them. But can you offer me a better alternative? Because in their scenario, my heir gets over 4 or 5MM on a 2MM investment and all of that tax free. Of which only 50% was given to the Insurance company. I have not been able to find the flaw in that logic. I am sure its there in it, but I am not able to find it yet.
1 million put into TIPS, into a Roth, held for 30-35 years would probably get you around $4 million. Stocks likely get you more than that.

Statistics: Posted by JBTX — Sat Mar 30, 2024 12:06 am — Replies 92 — Views 5551



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