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Ask Paula: No Spouse, No Family - How Do I Financially Prepare For Care Later In Life?

Afford Anything

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The Life Insurance Question

If i had a 30 year million dollar term life rance policy for about a hundred bucks a month, and i got it like 18 years ago, so that hundred dollars a month is locked in for another 12 years. Once i have a net worth of von million dollars, should i just let the policy lap and just invest that hundred dollarsa month? Or is it wiser to keep the policy until the 30 years is up, no matter what my net worth is? Thank you so much for your valuable wisdom and insight. The world is so much of a brighter place because of pal and and and joe. Appreciate it.

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