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Ask Paula: Should I Take a Higher-Paying Job if I Can’t Save As Much for Retirement?

Afford Anything

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Do We Draw Against a Whole Life Policy?

My dad bought a life insurance policy for me when i was so young. I feel that it can be used from my early retirement somehow. Do we draw against a whole life policy? Do we cash it? Ah, like, i don't understand. And i know there's a lot of debate in the fire community about whether you should have it. So all this to say, how can i utilize this as someone who did not buy it for the traditional reason of protecting dependence? Should i just let it lapse? Should i give it back to my dad, so that he can, you know, make that part of his plan to protect my mam should he pass away? I don

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