Ask Paula: How to Optimize Your Investments Along the Efficient Frontier (If You Dare!)
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Are Whole Life Policies More Expensive Than Term Policies?
Hakat: The value of their whole life policies currently is 900 ad, 50 thousand dollars combined. But if they were to invest that same 500 an 50 dollars each for forty years at an eight % interest rate, compounding annually, that amounts to one point seven million. Hakat: How much of that 550 dollars has cost of insurance? Some portion of it, y we don't know, right? Dontkno, som x portion of it. And i think there's some more questions to ask.
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